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

Brian Jones, R-San Diego, warned Californians to brace for higher gas prices and fuel shortages in the wake of an announced ...

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

Just a few months ago, Phillips 66 said it will shut down its refinery in the Los Angeles area by the end of 2025. Similar to ...

What happened: Valero Refining, a subsidiary of Valero Energy, said it had notified the California Energy Commission of its ...

BENICIA, Calif. (KGO) -- A major Bay Area oil refinery has announced it plans to close or restructure its operations by next year. Valero says by April 2026, its Benicia refinery will be shut down.

U.S. Oil & Gas Association President Tim Stewart on Valero shuttering a California refinery and the U.S. moving to restrict ...

Shares of oil and gas major stocks ExxonMobil ( XOM 2.56%), Chevron ( CVX 1.74%), and ConocoPhillips ( COP 3.02%) rallied on Thursday, up 3.8%, 3.4%, and 4.2%, respectively, as of 2 p.m. ET.

Chevron officials are speaking out after Valero told California regulators it will possibly shut down its Benicia refinery ...

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