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PHOENIX — Arizona Governor Katie Hobbs is promising to take action to keep gas prices from rising when a California refinery shuts down next year. A fire at that same refinery in Benicia ...
The recent announcement that the Valero Benicia Refinery in Northern California will be closing by the end of ... Just last year, in October 2024, Phillips 66 announced that it would close its ...
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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 ...
In addition, he said the refinery is considerably more expensive to operate than the Wilmington facility. California officials have expressed concerns over the planned closure and the California ...
Valery said it may end fuel production at its Benicia refinery ... in California, a combined pre-tax impairment charge of $1.1 billion was recorded for the Benicia and Wilmington refineries ...
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 ...
Valero Energy plans to idle, restructure, or cease refining operations at its Benicia Refinery ... for its California operations. The impairment was recorded for the Benicia and Wilmington ...
According to a statement from the company, the refinery is seeking closure because of the high costs and strict environmental regulations in California. "This follows years of regulatory pressure ...
Similar to the Valero Benicia refinery, the twin Phillips 66 facilities in Carson and Wilmington account for almost 9% of the state’s capacity, according to the California Energy Commission.