Bill Greehey, 70 and Fresh From Building Valero, Maps Expansion at NuStar

(Bloomberg) -- Bill Greehey, who built Valero Energy
Corp. into the largest U.S. refiner, said he plans to achieve
similar growth through acquisitions at NuStar Energy LP, the
pipeline partnership he now heads.

Possible purchases for NuStar, a former Valero subsidiary
that owns crude oil and fuel pipelines and storage, include two
asphalt plants Citgo Petroleum Corp. is selling. Greehey, 70,
turned his full attention to NuStar after stepping down as
chairman of Valero in January.


Read more at Bloomberg Exclusive News

UPDATE 1-Ex-Valero CEO Greehey starts new venture with bids

(Reuters) - SAN ANTONIO, April 3 - Former Valero Energy Corp. Chief Executive Bill Greehey said on Tuesday his new venture, NuStar Energy , started its first official day of operation by bidding on two Citgo Petroleum Corp. asphalt plants up for sale.

The aggressive start to NuStar, a spin-off of leading U.S. refiner Valero's petroleum pipeline and terminal operations, will be followed by further acquisitions.


Read more at Reuters.com Mergers News