Valero Could Halt Operations at California Refinery

April 18, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) on Wednesday told the California Energy Commission (CEC) it plans to "idle, restructure, or cease" operations at its refinery in Benicia, California, by the end of April 2026, which comes as fuels producers continue to evaluate alternatives for, or halt entirely, refining operations across the state. Other companies featured: Phillips 66 (NYSE:PSX).