At the center of the warning is the planned shutdown of two major refineries: Valero’s Benicia facility and Phillips 66’s Los ...

As tensions between the U.S. and Venezuela rise, oil prices (CL1:COM) have climbed affecting all energy companies in the oil ...

Fong and Assemblymember Stan Ellis, also a Bakersfield Republican, say the planned closures of two major refineries — the Valero plant in Benicia and Phillips 66 in Los Angeles — could reduce the ...

Valero will be closing their refinery facility at the end of April 2026 due to high costs and strict environmental regulations in the state. This closure could impact local gas prices. BAKERSFIELD, ...

Phillips 66 will shutter its Wilmington-area oil refinery complex late next year. The refinery, built in 1919, produces gas, diesel and aviation fuels. (Carolyn Cole / Los Angeles Times) California's ...

Third-quarter 2024 earnings down year-over-year on lower commodity prices, refining margins. A group of 53 US-based oil and gas producers and refiners announced combined net earnings of $24.9 billion ...

Thankfully, last week’s explosion and fire at California’s second largest refinery, Chevron’s El Segundo plant, was not an environmental catastrophe. But it could have serious economic and political ...

Nearly a month after an explosion at Martinez Refining Company reduced gas supplies at the pump and pushed up costs, motorists around the Bay Area are starting to see a return to normal pricing. The ...

Gas prices are once again on the rise in California, leaving drivers feeling the pinch at the pump. According to GasBuddy’s latest survey of more than 10,500 stations, the statewide average has surged ...

Aliko Dangote takes a deep breath, before reflecting on the odyssey of building Africa’s largest oil and gas refinery. “This is a very, very big relief,” says Dangote, who is speaking with Forbes via ...

Once released into the air, butane spreads quickly and is unlikely to cause breathing problems, or skin and eye irritation, DNREC said. The agency believes the butane emissions traveled toward the ...