In a dramatic turnaround amid California’s escalating energy crunch, state legislators are reportedly negotiating to hand over hundreds of millions of dollars to Valero Energy Corp. to prevent the shutdown of its Benicia refinery in […]
In a surprising turn of events, California officials are scrambling to secure a buyer for Valero Energy’s Benicia refinery, slated for closure in April 2026, according to three anonymous sources familiar with the matter. This […]
Valero takes Venezuelan crude in February Houston, 28 April (Argus) — US independent refiner Valero received crude from Venezuela in February, adding to the list of US refineries that are absorbing volumes from the South […]
Jan 26 (Reuters) – Valero Energy Corp (VLO.N) zoomed passed Wall Street estimates for quarterly profit on Thursday, wrapping up the refiner’s best year on record, boosted by higher demand for fuel and healthy refining margins […]
Oil and natural gas explorers in the U.S. Gulf of Mexico and Louisiana refineries have shut production as Hurricane Ida crashes ashore. Based on the latest forecast by the National Hurricane Center, Ida will make landfall near New Orleans […]
It’s not quite pedal to the metal yet but U.S. refiners are inching up production ahead of a summer driving season that might boost profits more than a year after the pandemic decimated gasoline demand. […]
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