Oil Refineries

Valero prohibited from buying oil terminals in Martinez, Richmond for next decade

A federal judge signed a final judgment last month, prohibiting Valero Energy Corporation from buying oil storage and distribution terminals in Martinez and Richmond for the next 10 years.

Valero backs out of contentious East Bay terminal purchases

Valero recently backed out of a bid to buy two Contra Costa oil terminals after California Attorney General Xavier Becerra raised concerns about decreased competition and higher gas prices.