Add Yahoo as a preferred source to see more of our stories on Google. San Antonio-based Valero Energy Corp.is facing five lawsuits over a Feb. 9 explosion and fire at its Ardmore refinery in Oklahoma.

The facility — one of the largest of its kind anywhere in the world — produces roughly 550,000 barrels of oil a day and plays a critical role in Saudi Arabia's energy sector.

The MarketWatch News Department was not involved in the creation of this content. BEXAR COUNTY, Texas, Feb. 17, 2026 /PRNewswire/ -- National trial law firm Arnold & Itkin LLP has filed a lawsuit ...

HOUSTON — The U.S. agency responsible for worker safety failed to inspect plants with enough care and frequency to prevent an accident like the 2005 explosion at BP's Texas City refinery that killed ...

At least four of the lawsuits, including three filed in state District Court in San Antonio, are each seeking at least $1 million in damages.

A missile strike attributed to Iran has hit Bahrain's largest oil refinery, causing a massive explosion and fire. See the video and impact on oil prices.

This is the moment an Iranian missile strike blows up Bahrain’s biggest petroleum refinery in a move that is affecting global markets. A huge fireball can be seen at the primary refinery for the ...

Crude prices surged past $110 a barrel as the Strait of Hormuz remained closed, but President Donald Trump dismissed economic ...

Oil and gas prices began rising again as the conflict in the Middle East spreads and supply disruption mounts. Thousands of ships are stranded in the Persian Gulf amid shipping disruptions at the ...

In comments on Monday, Trump said the war in Iran is "very complete, pretty much," and stocks rallied. But the president's rhetoric doesn't change the realities of a major physical bottleneck in the ...

President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are ...

Bahrain and the United Arab Emirates report more strikes on civilian targets as U.S.-Israeli attacks on Iran continue.