News

Is Gavin Newsom changing his tune with the oil industry?
With a pair of refineries closing, Newsom sends a letter to the state’s energy commission to make sure refiners “see the ...
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California’s Refinery Situation Looks Like It Will Get Worse
Valero announced that it plans to close its San Francisco-area oil refinery in Benicia, California next year. It submitted a ...
Valero signals another California refinery’s future in doubt
Valero Energy Corp. took a $1.1 billion writedown on its California oil refineries, casting doubt on the company’s future as ...
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Rep. Carbajal Reintroduces Bill to Ban Future Offshore Oil Drilling in California
Representative Salud Carbajal (D-CA-24) announced the reintroduction of the California Clean Coast Act. The California Clean ...
Valero Says Shutdown of California Refinery a 'Consequence' of State Regulations -- OPIS
Valero Energy's chief executive on Thursday said the company's decision to close its 149,000 b/d Benicia, Calif., refinery by April 2026 was a "consequence" of state regulatory policy and a "difficult ...
California Governor Directs CEC to Keep State Refiners Operational
In October 2024 state lawmakers passed Assembly Bill X2-1, which enabled more state oversight of refinery operations. The bill gave the CEC the ability to implement minimum fuel inventories and ...
Bay Area refinery closure could be 'huge blow' for Calif. drivers
Valero is planning to shut down its Benicia refinery by April 2026, which experts say could put gas prices at stake.