PennyGem on MSN
California Faces $6 Gas Again—Oil Giant Valero Shuts Down Refinery After Record $82 Million Fine
A pivotal shift is underway in California’s energy landscape. By spring 2026, Valero will close its Benicia refinery, cutting ...
Californians for the most part know that California’s self-inflected gasoline crisis is not only increasing prices at the pump, but increasing dependency on foreign fuel suppliers and shippers to ...
U.S. refiner Valero Energy beat Wall Street expectations for third-quarter profit on Thursday, on the back of a rebound in refining margins and record refinery throughput in the Gulf Coast and North ...
Refining margins at the San Antonio-based company also rebounded, driven by strong diesel and gasoline margins amid low inventories.
Call me an optimist, but I’m holding out hope until the last minute that Newsom can finally do the right thing.
The saga of Benicia’s Valero Refinery may finally have an official end date. Despite legislators working around the clock to reverse the decision, Benicia City Manager Mario Giuliani told the ...
Valero Energy (VLO) shares have seen steady movement over the past month, with the stock rising a little over 4%. Investors ...
The Houston City Council is slated to vote Wednesday on whether to allow the only refinery still in Houston city limits to pretend that it's somewhere else entirely, tax-wise. Specifically, Valero ...
Valero on Tuesday into Wednesday reported emissions at the west plant of its 301,000 b/d Corpus Christi, Texas, refinery due to a power outage, according to a Texas Commission on Environmental Quality ...
TEXAS CITY, TX (KTRK) -- Residents in Texas City are dealing with some strong odors in the area after a spill at a refinery, but there's not expected to be a threat to public safety. When Jan Grady ...
California legislators are considering giving Valero Energy Corp. hundreds of millions of dollars to cover refinery maintenance costs in a bid to prevent the closure of a San Francisco-area fuel plant ...
Valero Energy Corp. said Thursday that profit declined nearly 19% in the April-June quarter as revenue declined. A rebound in refining margins helped cushion a loss in its renewable diesel unit, ...
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