During Valero's most recent earnings call, CEO Lane Riggs said, "California has been pursuing policies to move away from ...

Accelerating California refinery closures could be set to boost clean tanker demand, according to UK shipbroker Braemar. Last ...

San Antonio, Texas-based Valero has operated a 170,000-barrel-per-day refinery in Benicia for 25 years. The facility employs ...

The new study from University of Southern California professor Michael A. Mische examined California’s historical gas prices, ...

California gas prices could rise up 75% at the end of 2026 after two in-state refineries close down.The Phillips 66 refinery ...

In October, California Governor Gavin Newsom signed into effect ABX2-1, a bill designed to prevent fuel supply shortages in ...

The broader market backdrop only sharpens the appeal. With investors facing persistent uncertainty around inflation, growth, ...

Phillips 66 will build the Iron Mesa gas plant in the Permian Basin, expanding processing capacity and supporting NGL growth.

Multiple refineries in California have recently declared their intentions to shutter operations, leaving the Golden State ...

During the first quarter (1Q) of 2025, crude oil prices generally decreased while U.S. refinery margins initially increased ...

Oakland-based Catellus redeveloped the 200-acre East Bay site previously owned by Pacific Refinery Co. into a residential ...

The Valero and Phillips 66 facilities combine to account for almost 18% of the state’s crude oil capacity, leading some fuel ...