Both refineries play a substantial role in California's fuel supply chain, with the Wilmington refinery contributing 15% of the asphalt supply in Southern California. "Valero Energy to shut down ...

During Valero's most recent earnings call, CEO Lane Riggs said, "California has been pursuing policies to move away from fossil fuels for really for the past 20 years. And the consequence of that is ...

Valero has a second California refinery in Wilmington, near Los Angeles, which Riggs said costs less money to maintain compared with the Benicia plant. He said the Benicia refinery operates in a ...

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