Valero News

U.S. refineries and petrochemical plants are cutting back on insurance because several years of severe accidents have driven up the cost of coverage, industry and insurance sources said. With less insurance coverage for physical damage and business interruption, energy companies …

An oil refinery worker exposed to propane and acid at a Valero plant in Memphis, Tenn., died on Monday, officials said. He was the second person to die this year from an on-the-job injury. A worker died from injuries in …