The pre-tax charge reflects Valero’s conclusion that “the carrying values of these assets were not recoverable,” according to a statement Thursday. The company’s Los Angeles refinery may ...

The Valero Refinery is preparing to possibly leave the City of Benicia. Valero Energy Corporation’s subsidiary, Valero Refining Company-California, on Wednesday submitted notice to the ...

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 ...

NEW YORK, April 24 (Reuters) - Valero Energy (VLO.N), opens new tab on Thursday said it would cease operations at its 170,000-barrel-per-day San Francisco-area oil refinery next year amid worries ...

Energy giant Valero appears to be planning to shut down its oil refinery in the Bay Area after 25 years. The company said in a news release Wednesday morning that the California-based Valero ...

Valero Energy (NYSE:VLO) confirmed Thursday it will cease operations at its Benicia oil refinery near San Francisco next year, citing California's difficult regulatory and enforcement environment.

Valero Energy Corp. this week told investors it was intent on shuttering a major California refinery on the heels of first-quarter oil refining losses of $530 million. The San Antonio-based ...