As refiners flee California, leading to higher prices at the pump, he asks his regulators to ease up.

The total number of active drilling rigs for oil and gas in the United States rose again this week, according to new data ...

Phillips 66 reported a bigger-than-expected loss for the first quarter on Friday, hurt by lower refining margins amid heavy ...

U.S. crude oil refiner Phillips 66 plans to operate its refineries in the mid-90% range of combined capacity of 1.5 million ...

Valero announced that it plans to close its San Francisco-area oil refinery in Benicia, California next year. It submitted a ...

Phillips 66 said its realized refining margins fell to $6.81 per barrel during the January-March quarter, from $11.01 a ...

U.S. Interior Secretary Doug Burgum announced during his visit to Oklahoma City that his agency is going to promote mining ...

Valero Energy's chief executive on Thursday said the company's decision to close its 149,000 b/d Benicia, Calif., refinery by April 2026 was a "consequence" of state regulatory policy and a "difficult ...

In October 2024 state lawmakers passed Assembly Bill X2-1, which enabled more state oversight of refinery operations. The bill gave the CEC the ability to implement minimum fuel inventories and ...

U.S. airstrikes targeting an oil port held by Yemen’s Houthi rebels killed 74 people and wounded 171 others, the group said, ...