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Tesoro News

News on Tesoro (Ticker: TSO) continually updated from thousands of sources around the net.

3 hrs ago | Business Journal

Tesoro Hawaii being sold to Par Petroleum Corp. for nearly $400M

Tesoro Corp. is selling its Hawaii operations, including the Kapolei refinery seen in this file photo, to a subsidiary of Par Petroleum Corp. Tesoro Corp. said Monday that it has signed an agreement to sell Tesoro Hawaii, LLC, which operates the 94,000 barrel-per-day Kapolei refinery as well as dozens of retail gas stations to a subsidiary of ... (more)

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Related Topix: Construction, Kapolei, HI

6 hrs ago | Reuters

Tesoro to sell Boise petroleum terminal to win US deal approval

Stocks rose on Monday but ended off their highs as investors speculated on the outlook for possible changes in the Federal Reserve's stimulus program at a meeting later this week.

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Related Topix: Construction, Boise, ID, Financial Markets, Chevron Corporation, Energy, Oil & Gas

6 hrs ago | Reuters

UPDATE 1-US gives Tesoro green light to buy Chevron assets

Oil refiner Tesoro Corp won approval from U.S. antitrust regulators to buy Northwest Products Pipeline system and related assets from Chevron Corp, on the condition it sells a petroleum terminal in Boise, Idaho.

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Related Topix: Construction, Energy, Oil & Gas, Chevron Corporation, Boise, ID

Fri Jun 14, 2013

Alternative Energy Stocks

The Battle for California's Ethanol Market

For all the fuss, investors might think California's ethanol market is another Gold Rush.

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Related Topix: California, Alternative Energy, Energy, Biofuel, Renewable Energy (Green Energy), Construction

Sys-Con Media

Mergers and Acquisitions, Expansions Seen to Drive Growth for...

Today, Wall Street Reports announced new research reports highlighting Valero Energy Corporation , Tesoro Corporation , Marathon Oil Corporation , Calumet Specialty Products Partners LP , and Ferrellgas Partners LP .

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Related Topix: Valero Energy, Energy, Oil & Gas, Construction, Marathon Oil, Ferrellgas Partners LP, Retail, Calumet Specialty Products Partners, L.P, Transportation, FirstGroup

Thu Jun 13, 2013

Daily Political

Tesoro Given New $65.00 Price Target at JP Morgan Cazenove

JP Morgan Cazenove's price target points to a potential upside of 11.45% from the company's current price.

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Related Topix: Construction

Wed Jun 12, 2013

Business Journal

Port of Vancouver officials studying Tesoro rail proposal

The Port of Vancouver - weighing a Tesoro Corp. proposal to build a crude-oil shipping facility - held a workshop Tuesday to educate its board on potential risks of shipping crude by rail, The Columbian reported.

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Related Topix: Construction

Business Journal

Port of Vancouver officials studying Tesoro rail proposal

Port of Vancouver officials are studying a proposal by Savage Cos. and Tesoro Corp. to build a rail yard to transport Canadian crude to U.S. West Coast refineries.

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Related Topix: Construction

Daily Political

Tesoro Price Target Raised to $65.00 at JPMorgan Chase

JPMorgan Chase's target price indicates a potential upside of 14.02% from the company's current price.

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Related Topix: Construction

Tue Jun 11, 2013

The Daily Republic

Higher prices inevitable after ARCO deal

Californians may have been doomed years ago to pay higher and higher gasoline prices for the foreseeable future because of the state's steadily diminishing refinery capacity.

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Related Topix: California, Construction, Wilmington, CA, Carson, CA, Chevron Corporation, Energy, Oil & Gas, Opinion

Fri Jun 07, 2013

Petroleum News

Tesoro agrees to pay $1.1 million penalty

Tesoro Corp. and affiliates including Tesoro Alaska Co. have agreed to pay a $1.1 million civil penalty to resolve a federal enforcement action.

Comment?

Related Topix: Construction, U.S. Environmental Protection Agency

Thu Jun 06, 2013

HAZMAT Magazine

Vancouver port tackles duties for HazMat rail transport

The Port of Vancouver Board of Commissioners is hosting a public workshop on June 11, 2013 to determine who is responsible for handling hazardous materials by rail.

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Related Topix: Vancouver, WA, Construction, Anacortes, WA

Customer Interaction Solutions

BP Completes Sale of Carson Refinery [Gulf Oil & Gas (Egypt)]

Via Acquire Media NewsEdge) BP has completed the previously announced sale of its Carson, California refinery and related logistics and marketing assets in the region to Tesoro Corporation for approximately $2.4 billion as part of a plan to reshape BP's U.S. fuels business.

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Related Topix: BP plc, Oil & Gas, Carson, CA, California, Marketing, Construction

Wed Jun 05, 2013

BayStreet.ca

TSO, HES, PVA, and LNCO Early Briefing and Review

Oil & gas refining companies in the U.S. faced significant margin pressures in recent years.

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Related Topix: Construction, Oil & Gas, Amerada Hess, Penn Virginia Corporation, Energy

Business Journal

Tesoro gives layoff notices to Hawaii workers, senator confirms

Tesoro Corp. has begun laying off workers in Hawaii, according to the office of U.S. Sen. Brian Schatz, D-Hawaii.

Comment?

Related Topix: Construction, Kapolei, HI

Tue Jun 04, 2013

UPI

Sale closes on BP refinery in California

Oil refining company Tesoro Corp. announced it closed on a deal to acquire an oil refinery and retail stations in California from British energy company BP.

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Related Topix: BP plc, Oil & Gas, Construction, Carson, CA

MSN Money

Scrapped pipeline plans help rail stocks

Last Friday, Kinder Morgan announced that it was scrapping its plan to build a $2 billion oil pipeline that could have ferried West Texas crude to refiners in California.

Comment?

Related Topix: West, TX, Valero Energy, Energy, Oil & Gas, Construction

Bloomberg

San Francisco Gasoline Falls After Tesoro Reports Unit Startup

Spot gasoline in San Francisco weakened for a third straight day against futures as Tesoro Corp. reported a unit startup at the Golden Eagle oil refinery in Northern California.

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Related Topix: Construction, Richmond (San Francisco, CA), Contra Costa County, CA, Chevron Corporation, Energy, Oil & Gas

AmericanBankingNews.com

Tesoro Stock Rating Reaffirmed by TheStreet

's stock had its "buy" rating restated by research analysts at TheStreet in a report released on Tuesday, StockRatingsNetwork.com reports.

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Related Topix: Construction

Seeking Alpha

Why Kinder Morgan Partners Shelved Its Freedom Pipeline Plans

Kinder Morgan Partners has dropped its plans to construct the Freedom pipeline that would have carried crude oil from the Permian basin in Texas to California, as many potential shippers have opted to use railroads over the pipeline.

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Related Topix: Kinder Morgan Management, Financial Services, Energy, Kinder Morgan, Oil & Gas, Construction, Valero Energy

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