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Tesoro Corporation ( NYSE: TSO )
Latest News & Activity
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EP Energy, Tesoro Join Forces for Uinta DevelopmentMay 25,2017
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Train Carrying Bakken Crude Derails in SeattleJuly 25,2014
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Tesoro Corporation Begins Spill Cleanup in North DakotaOctober 15,2013
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Par Petroleum Buys Subsidiary of TesoroSeptember 25,2013
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Rail Loading/Unloading Joint Venture Formed by Tesoro, SavageApril 23,2013
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Bakken Shale Connector Pipeline Planned by Global PartnersMarch 26,2013
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Tesoro Sells Anacortes Rail Unloading FacilityNovember 15,2012
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Tesoro Buying More crude from Bakken ShaleAugust 02,2012
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Kinder Morgan TransMountain Expansion ProjectMay 03,2012
Deals - Tesoro Corporation Acquisitions
| Announce Date | Price($MM) | Region/Basin | Headline | |
|---|---|---|---|---|
| May-25-2017 |  |
Rockies - Piceance/Uinta | EP Energy, Tesoro Join Forces for Uinta Development | |
| Total |
|
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Deals - Tesoro Corporation Divestiture(s)
| Announce Date | Price($MM) | Region/Basin | Headline | |
|---|---|---|---|---|
| Sep-25-2013 | |
Par Petroleum Buys Subsidiary of Tesoro | ||
| Total |
|
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About
Tesoro Corporation, together with its subsidiaries, engages in refining and marketing petroleum products in the United States It operates in two segments, Refining and Retail The Refining segment refines crude oil and other feed stocks into transportation fuels, such as gasoline, gasoline blendstocks, jet fuel, and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas, petroleum coke, and asphalt This segment also sells refined products in the wholesale market primarily through independent unbranded distributors; and in the bulk market primarily to independent unbranded distributors, other refining and marketing companies, utilities, railroads, airlines and marine, and industrial end-users It owns and operates 7 refineries with a combined crude oil capacity of 665 thousand barrels per day The Retail segment sells gasoline, diesel fuel, and convenience store items through company-operated retail stations, and third-party branded dealers and distributors in the western United States As of August 1, 2012, this segment operated 1,375 branded retail stations, including approximately 590 company operated stations under the Tesoro, Shell, and USA Gasoline brands The company was formerly known as Tesoro Petroleum Corporation and changed its name to Tesoro Corporation in November 2004 Tesoro Corporation was founded in 1939 and is headquartered in San Antonio, Texas
19100 Ridgewood Parkway
San Antonio 78259
San Antonio 78259
Phone Number
210 626 6000
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- Train Carrying Bakken Crude Derails in Seattle
July 25,2014
- Cleanup Continues Following Bakken Pipeline Spill
October 15,2013
- Tesoro, Savage Form Rail Loading/Unloading JV
April 23,2013
- Global Partners Inks Bakken Connection Agreement
March 26,2013
- Tesoro Sheds Anacortes Rail Assets for $180MM
November 15,2012
Company Divestiture
| Announce Date | Buyer | $MM | Type | Play/Location | Details |
|---|---|---|---|---|---|
| Sep-25-2013 | |
|
Corporate | United States | |
Company Acquisitions
| Announce Date | Seller | $MM | Type | Play/Location | Details |
|---|---|---|---|---|---|
| May-25-2017 | |
|
JV - DrillCo | Uinta Basin Play | |
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