News

Perhaps the darkest day in the Torrance Refinery’s long history came on Monday, Dec. 3, 1979 — 50 years after it first opened ...
Speaking at a news conference on Wednesday, Gov. Gavin Newsom also weighed in on the oil company's plans for the Benicia refinery. "I can assure you, beginning last night, we had all hands ...
The legislation gave the California Energy Commission authority to penalize oil companies if they exceed a “maximum gross refining margin.” The specifics of what will trigger the penalty ...
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 ...
Oil giant Valero announced this week it may shutter its refinery in Benicia. The company sent a notice to the California Energy Commission indicating it may restructure the refinery or cease ...
pointing to higher U.S. production and lower refinery demand. However, U.S. oil output is expected to plateau by the end of this decade despite Trump's plans, which is a longer-term disincentive ...
A massive blaze has erupted at the Komsomolsk-on-Amur oil refinery in Russia, with initial reports indicating a refinery column about 50 meters high is engulfed in flames, covering an area roughly ...