UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 16, 2005

 

VALERO ENERGY CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-13175

 

74-1828067

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

One Valero Way
San Antonio, Texas

 

78249

(Address of principal executive offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code: (210) 345-2000

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 



 

Item 8.01                                           Other Events.

 

On June 16, 2005, Valero Energy Corporation (the “Company”) issued a press release announcing its settlement with the U.S. Environmental Protection Agency and several states under the Clean Air Act. In connection with the settlement, Valero will invest approximately $785 million in environmental projects through 2012 to reduce emissions across Valero’s U.S. refining system. In addition, Valero will pay a $5.5 million civil penalty and spend approximately $5.5 million on supplemental environmental projects in states where Valero’s refineries are located. A copy of the Company’s press release is filed with this report as Exhibit 99.1, and is incorporated herein by reference.

 

Item 9.01                                           Financial Statements and Exhibits.

 

(c)                                  Exhibits.

 

99.1                           Press Release dated June 16, 2005.

 

Safe Harbor Statement

Statements in this report that state the Company’s or its management’s expectations or predictions of the future are forward-looking statements intended to be covered by the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.  The Company’s actual results could differ materially from those projected in such forward-looking statements.  Factors that could affect those results include those mentioned in the documents that the Company has filed with the Securities and Exchange Commission.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

VALERO ENERGY CORPORATION

 

 

 

 

 

 

Date: June 17, 2005

By:

/s/ Jay D. Browning

 

 

 

Jay D. Browning

 

 

Vice President and Secretary

 

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EXHIBIT INDEX

 

Number

 

Exhibit

 

 

 

99.1

 

Press Release dated June 16, 2005.

 

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