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The refinery was built in 1968 for Humble Oil and completed in 1969. Humble Oil changed its name to Exxon in 1972. Valero purchased the property in 2000. In October 2024, the Bay Area Air Quality Management District and California Air Resources Board issued an $82 million fine over air pollution violations at the Benicia Refinery, following a 2019 inspection, with the fine being the largest in ...
The following year, the company expanded its operations by purchasing the Paulsboro Refinery in New Jersey from Mobil, making it the second-largest independent refiner in the U.S. [10] In 2000, Valero purchased the Benicia, California, refinery and interest in 350 Exxon-branded service stations in California, mainly in the San Francisco Bay ...
Gov. Gavin Newsom renewed his call for a price-gouging tax on oil companies "to put these profits back in the pockets of Californians." In battle with Big Oil, Newsom rips into Valero's 500% rise ...
Well, at least Valero is putting its money where its mouth is. After recently announcing that it was against easing regulations agains crude oil exports from the U.S., the company recently ...
In 1967, Humble Oil purchased all remaining Signal stations from Standard Oil Company of California (today known as Chevron) In 1969, Humble Oil opened a refinery in Benicia, California, of which today is owned by Valero Energy. [27] In Libya, Jersey Standard made its first major oil discovery in 1959. [5]
Governor Gavin Newsom said Thursday he will compel California oil refineries to stockpile additional fuel reserves in an effort to ward off price spikes, marking the latest move in his multi-year ...
The refinery was later bought by Valero Energy Corporation, a San Antonio-based oil company, in 2000. Between 1970 and 1995, the population of Benicia grew steadily at a rate of about 1,000 people per year, and the city changed from a poor, blue-collar town of 7,000 to a white-collar bedroom suburb of 27,000.
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