Valero Energy Corp. took a $1.1 billion writedown on its California oil refineries, casting doubt on the company’s future as ...

The vast oil refinery in Benicia faces an uncertain future after its owner warned of the plant’s possible closure.

Oil giant Valero announced this week it may shutter its refinery in Benicia. The company sent a notice to the California ...

With Valero announcing the pending closure of one of its two remaining California refineries, the state will lose at least 18 ...

This upturn is expected to elevate U.S. refinery run rates from 80.6% to 81.5% of total capacity, as per a Reuters poll. The forthcoming U.S. oil inventory data from the Energy Information ...

BENICIA — Valero’s oil refinery in Benicia faces an uncertain future after the company alerted state energy officials that plans were in the works for an array of options for the plant ...