Fong blames the blue state's policies for issues in the energy sector, which could impact consumer prices.

Democratic California Gov. Gavin Newsom is asking a state regulator to try to keep oil refineries in business in the ...

Valero Energy (NYSE:VLO) confirmed Thursday it will cease operations at its Benicia oil refinery near San Francisco next year ...

Democratic California Gov. Gavin Newsom is asking a state regulator to try to keep oil refineries in business in the state ...

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 ...

Valero Energy on Thursday said it would cease operations at its 170,000-barrel-per-day San Francisco-area oil refinery next ...

Newsom's letter to California Energy Commission Vice Chair Siva Gunda, dated April 21 and seen by Reuters on Wednesday, came ...

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 ...

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 ...

Valero Energy Corporation announced it will close its Benicia Refinery, which joins an exodus of oil companies leaving the ...

Valero is planning to shut down its Benicia refinery by April 2026, which experts say could put gas prices at stake.

What happened: Newsom asked California Energy Commission Vice Chair Siva Gunda to “redouble” his efforts to make sure ...