Consequently, Valero Energy has drastically lowered the amount of its available shares in the market (by 21%). Share ...

The state's crude oil output has been declining for some time, according to state data. Year-to-date, California has issued five new drilling permits and 2,031 plug and seal permits, according to the ...

Gavin Newsom's green energy policies have led to California's highest gas prices, refinery closures and mandates for electric ...

The global elemental sulfur market is anticipated to grow from USD 9.1 billion in 2025 to USD 13.5 billion by 2035, ...

Despite only 0.75% of global emissions, California's fuel demands, refinery shutdowns, and foreign oil reliance pose serious ...

The Center Square  The U.S. Department of Energy has authorized an emergency exchange from the Strategic Petroleum Reserve ...

Two major oil companies plan to close crude oil refineries in California within a year, taking out about 18% of the state’s ...

The pending closure of two California refineries has oil companies and environmental groups seeing more eye-to-eye.

Big Oil companies have been the largest contributors to the decrease in expected earnings, led by Chevron Corp. (from $2.53 to $1.76), Exxon Mobil ( from $1.78 to $1.53), ConocoPhillips (from $1.84 to ...