1 of 1
Story summary
- Valero Energy plans to close the Benicia refinery by April 2026 and to increase gasoline imports to Northern California.
- Valero will idle refinery units in February 2026 for inspections while maintaining gasoline production until inventories are depleted.
- Governor Gavin Newsom called the decision a constructive development, later engaging Valero to prevent closure and possibly offer financial support.
