Somerset-based Southern Petroleum converts 26 stores.  Motorists in north central and southeast Kentucky are seeing new teal-and-yellow signs going up at gasoline stations now that Valero has expanded its presence in the region under an agreement with Somerset, Ky.-based distributor Southern Petroleum, Inc. Twenty-six Southern Petroleum properties have undergone or soon will undergo conversions to…

The ownership and operation of these facilities is expected to allow Valero to grow its wholesale marketing presence in eastern Kentucky. Valero Terminalling and Distribution Co., a subsidiary of Valero Energy Corp., has successfully completed the acquisition of Chevron USA Inc.’s Louisville and Lexington, Ky. product terminals for an undisclosed amount, company officials announced. Valero…