California’s energy market regulator is backing off a plan to place a profit cap on oil refiners in the state. Siva Gunda, vice chair of the California Energy Commission, said during a Friday ...

California officials are stepping into the fray to urgently find a buyer for Valero’s Benicia refinery before its scheduled ...

With the announced shutdown of Valero’s Benicia refinery complex accompanied by its $1.1 billion charge-off, California is confronting a potential 21% reduction in collective refining capacity ...

NEW YORK (Reuters) -California government officials are trying to find a buyer for Valero Energy's Benicia refinery near San ...

Multiple refineries in California have recently declared their intentions to shutter operations, leaving the Golden State uncertain about future fuel supplies and impacts on prices at the pump.

Together with the Benicia refinery, California will lose 309,000 barrels per day in refining capacity, according to GasBuddy analyst Patrick De Haan. Because Arizona does not have any refineries ...

Valero's Northern California refinery and Phillips 66's Southern California refinery are both slated to close in the next ...

The Valero Refinery in Benicia and a refinery in Southern California are set to close soon. Scott Budman has the full report in the video above. Gas prices across the state are predicted to rise ...

With a second refinery closing and possibly more to follow, Newsom may be forced to consider the possibility that petroleum might not be as dispensable or easily replaceable as he thought.

California Democrats are reportedly rushing to find a buyer for a refinery scheduled to shut down in 2026 as a potential gas ...

Valero Energy to close California refinery, inflicting ‘a major hit on the city’ and raising supply concerns. Maurie Backman. Wed, May 7, 2025 at 5:30 AM UTC. 6 min read.

Journal Editorial Report: Trump gets set to defund California's high-speed rail. Energy reality is at long last dawning in Sacramento as looming refinery closures threaten gasoline shortages and ...