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): August 13, 2002


                            VALERO ENERGY CORPORATION
             (Exact name of registrant as specified in its charter)

          Delaware                        1-3175                 74-1828067
(State or other jurisdiction     (Commission File Number)       (IRS Employer
      of incorporation)                                      Identification No.)

               One Valero Place
              San Antonio, Texas                           78212
   (Address of principal executive offices)             (Zip Code)


       Registrant's telephone number, including area code: (210) 370-2000

                         ------------------------------





Item 7. (c)       Financial Statements and Exhibits.

Exhibits

Number   Exhibit
------   -------

99.1     Statement Under Oath of William E. Greehey,  Chief  Executive  Officer
         of Valero Energy  Corporation,  filed with the Securities and Exchange
         Commission on August 13, 2002 pursuant to the June 27,  2002  Order of
         the Securities and Exchange Commission

99.2     Statement  Under  Oath of John D.  Gibbons,  Chief  Financial  Officer
         of Valero  Energy  Corporation, filed with the Securities and Exchange
         Commission on August 13, 2002 pursuant to the June 27,  2002  Order of
         the Securities and Exchange Commission





Item 9.  Regulation FD Disclosure.

On  June  27,  2002,   the  Securities   and  Exchange   Commission   issued  an
administrative  order  requiring  both the principal  executive  officer and the
principal  financial  officer of certain  publicly traded  companies,  including
Valero Energy Corporation, to file a statement under oath regarding the accuracy
of the company's  most recent annual report,  as well as all quarterly  reports,
reports  on Form 8-K and  definitive  proxy  materials  filed  since the  annual
report.     See    SEC     Order     File    No.     4-460,     available     at
http://www.sec.gov/rules/other/4-460.htm.  A copy of the required  statements of
William E. Greehey,  Chief Executive Officer of Valero Energy  Corporation,  and
John D.  Gibbons,  Chief  Financial  Officer of Valero Energy  Corporation,  are
attached to this report as Exhibits 99.1 and 99.2,  respectively,  and are being
furnished with this report for informational purposes pursuant to Regulation FD.



                                       2






                                    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: August 13, 2002                         By: /s/ Jay D. Browning
                                                  ------------------------------
                                                  Jay D. Browning
                                                  Vice President and Secretary



                                       3



                                  EXHIBIT INDEX





Number   Exhibit
------   -------

99.1     Statement Under Oath of William E. Greehey,  Chief  Executive  Officer
         of Valero Energy  Corporation,  filed with the Securities and Exchange
         Commission on August 13, 2002 pursuant to the June 27,  2002  Order of
         the Securities and Exchange Commission



99.2     Statement Under Oath of John D. Gibbons,  Chief  Financial  Officer of
         Valero  Energy  Corporation,  filed  with  the Securities and Exchange
         Commission on August 13, 2002 pursuant to the June 27,  2002  Order of
         the Securities and Exchange Commission









                                       4





                                  EXHIBIT 99.1

          STATEMENT UNDER OATH OF PRINCIPAL EXECUTIVE OFFICER REGARDING
                            FACTS AND CIRCUMSTANCES
                        RELATING TO EXCHANGE ACT FILINGS

I, William E. Greehey, state and attest that:

     (1) To the best of my knowledge, based upon a review of the covered reports
     of Valero Energy Corporation, and, except as corrected or supplemented in a
     subsequent covered report:

          o    no covered  report  contained  an untrue  statement of a material
               fact as of the end of the period  covered  by such  report (or in
               the case of a report on Form 8-K or definitive  proxy  materials,
               as of the date on which it was filed); and

          o    no covered  report  omitted to state a material fact necessary to
               make  the  statements  in the  covered  report,  in  light of the
               circumstances  under which they were made,  not  misleading as of
               the end of the period covered by such report (or in the case of a
               report on Form 8-K or definitive proxy materials,  as of the date
               on which it was filed).

     (2) I have reviewed the contents of this statement with the Company's audit
     committee.

     (3) In this statement  under oath,  each of the  following,  if filed on or
     before the date of this statement, is a "covered report":

          o    Annual Report on Form 10-K for the fiscal year ended December 31,
               2001 of Valero Energy Corporation;

          o    all  reports  on Form  10-Q,  all  reports  on  Form  8-K and all
               definitive  proxy  materials of Valero Energy  Corporation  filed
               with the  Commission  subsequent  to the  filing of the Form 10-K
               identified above; and

          o    any amendments to any of the foregoing.

/s/ William E. Greehey
----------------------
William E. Greehey
Chief Executive Officer and President,
Valero Energy Corporation

Date: August 13, 2002


Subscribed and sworn to before me this 13th day of August 2002.

/s/ Cristina Menchaca
---------------------
Notary Public

My Commission Expires:  December 29, 2002








                                  EXHIBIT 99.2


          STATEMENT UNDER OATH OF PRINCIPAL FINANCIAL OFFICER REGARDING
                             FACTS AND CIRCUMSTANCES
                        RELATING TO EXCHANGE ACT FILINGS

I, John D. Gibbons, state and attest that:

     (1) To the best of my knowledge, based upon a review of the covered reports
     of Valero Energy Corporation, and, except as corrected or supplemented in a
     subsequent covered report:

          o    no covered  report  contained  an untrue  statement of a material
               fact as of the end of the period  covered  by such  report (or in
               the case of a report on Form 8-K or definitive  proxy  materials,
               as of the date on which it was filed); and

          o    no covered  report  omitted to state a material fact necessary to
               make  the  statements  in the  covered  report,  in  light of the
               circumstances  under which they were made,  not  misleading as of
               the end of the period covered by such report (or in the case of a
               report on Form 8-K or definitive proxy materials,  as of the date
               on which it was filed).

     (2) I have reviewed the contents of this statement with the Company's audit
     committee.

     (3) In this statement  under oath,  each of the  following,  if filed on or
     before the date of this statement, is a "covered report":

          o    Annual Report on Form 10-K for the fiscal year ended December 31,
               2001 of Valero  Energy  Corporation;

          o    all  reports  on Form  10-Q,  all  reports  on  Form  8-K and all
               definitive  proxy  materials of Valero Energy  Corporation  filed
               with the  Commission  subsequent  to the  filing of the Form 10-K
               identified above; and

          o    any amendments to any of the foregoing.


/s/ John D. Gibbons
-------------------
John D. Gibbons
Executive Vice President and
Chief Financial Officer,
Valero Energy Corporation

Date: August 13, 2002


Subscribed and sworn to before me this 13th day of August 2002.

/s/ Cristina Menchaca
---------------------
Notary Public

My Commission Expires: December 29, 2002