Following the 2015 explosion at Exxon’s Torrance, California refinery—which reduced gasoline production in California—Vitol aided the California markets by importing gasoline into the state, supplying refiners and other companies at competitive market prices, and managing risk using routine commercial practices. Vitol’s actions were consistent with customary market practice and fully compliant with all applicable laws.

Vitol engaged transparently with the California Attorney General’s Office throughout its investigation and is disappointed that this lawsuit was filed. Vitol believes the suit lacks merit and is prepared to defend against these claims in court.