Valero is planning to cease operations at its Benicia refinery by April 2026, which is a significant move affecting over 400 employees, marking it as one of Solano County's largest employers. This decision aligns with emerging trends in the oil industry amid rigorous state oversight. Notably, Valero recently faced an $82 million penalty for years of undisclosed toxic emissions. Other companies, like Phillips 66 and Chevron, are also restructuring their operations in California, reflecting the shifting landscape of the oil industry in the state.
Valero has announced it plans to close or restructure its operations at the Benicia refinery by April 2026, affecting over 400 jobs.
The refinery's closure follows heightened oversight on oil companies in California, including an $82 million fine for years of unreported emissions.
Benicia's city manager expressed confidence in the community's resilience, stating that the city will continue to strengthen its economic foundation amidst challenges.
Valero's decision mirrors broader trends as other companies like Phillips 66 and Chevron are also closing or transitioning their California refineries.
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