The vast oil refinery in Benicia faces an uncertain future after its owner warned of the plant’s possible closure.

Operations at the Valero refinery in Solano County may be shut down as soon as next year, the petroleum producer announced ...

The U.S Treasury Department Wednesday announced sanctions on a Chinese refinery for allegedly importing more than a billion ...

A major Bay Area oil refinery has announced it plans to close or restructure its operations by next year. Valero says by April 2026, its Benicia refinery will be shut down. More than 400 people are ...

The Treasury Department has imposed sanctions on a Chinese oil refinery that's accused of purchasing more than $1 billion ...

Turkey’s top oil refiner, Tupras, has resumed purchasing Russian Urals crude oil after a brief halt earlier this year ...

U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers ...

Energy companies are facing a double headwind: proposed tariffs that threaten to dampen demand, and an unexpected increase in OPEC production that could raise global supply.

Oil prices rose to a gain after sinking to a four-year low Wednesday morning in anticipation of slowing economic growth and ...