Tesoro News

June 19, 2013 - Tesoro Logistics LP today announced that the Partnership has closed the acquisition of the Northwest Product Pipeline and Terminal System for approximately $355 million from Chevron Pipe Line Company and Northwest Terminalling Company.

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A Hawaii energy expert says that he's surprised that Houston-based Par Petroleum is buying Tesoro Hawaii LLC's operations instead of Chevron Hawaii, the smaller of the two refineries in the state.

An oil company that has agreed to buy a regional fuel pipeline has also agreed with federal regulators to sell off a petroleum products terminal in Idaho to maintain a competitive marketplace.

** Kabel Deutschland - Germany's biggest cable operator - confirmed on Monday that they have received a preliminary approach from U.S. media group Liberty Global Plc after a British newspaper reported that the company had put forward a 7.5-billion-euro bid for the company.

That fate became far more certain in mid-May, when both the Federal Trade Commission and California Attorney General Kamala Harris signed off on the acquisition of Arco by Texas-based Tesoro Corp. As average gasoline prices in this state rose above $4 per gallon, with levels topping $4.65 in some regions, both so-called regulators threw up their ... (more)

June 17, 2013 - Tesoro Logistics LP today announced that the Federal Trade Commission has cleared the Partnership's acquisition of the Northwest Products Pipeline and Terminal System from Chevron Pipe Line Company and Northwest Terminalling Company.

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)

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.

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.

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

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 .

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

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.

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.

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

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.

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

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.

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.