GO
Loading...

Tesoro Corp

More

  • SAN FRANCISCO, Oct 22- Shipments of Bakken crude oil from North Dakota to California by barge have quietly overtaken those by train for the first time, showing how the state's isolated refiners are using any means necessary to tap into the nation's shale oil boom. While tough permitting rules and growing resistance by environmentalists have slowed efforts to...

  • *IBM slumps after quarterly results. NEW YORK, Oct 20- U.S. stocks ended higher on Monday on investor hopes for a strong earnings season, but IBM's disappointing results limited gains. IBM shares slumped 7.1 percent to $169.10, the biggest drag on both the Dow and S&P 500, after third-quarter earnings fell well short of Wall Street expectations.

  • IBM and CSX are big market movers Monday, 20 Oct 2014 | 4:30 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. IBM Corp., down $12.95 to $169.10. CSX Corp., down 35 cents to $33.51.

  • A year later, cleanup still going for ND oil spill Monday, 20 Oct 2014 | 2:28 PM ET

    BISMARCK, N.D.— One year after a pipeline rupture flooded a wheat field in northwestern North Dakota with more than 20,000 barrels of crude, Tesoro Corp. is still working around the clock cleaning up the oil spill— one of the largest to happen onshore in U.S. history. Cleanup costs have soared from the company's original estimate of $4 million to a forecast of more...

  • Tesoro strikes $2.5B deal with QEP Monday, 20 Oct 2014 | 12:57 PM ET

    Tesoro Logistics LP said Sunday that it will acquire the natural gas gathering and processing business owned by QEP Resources Inc. in a $2.5 billion deal. Tesoro Logistics, based in San Antonio, is a limited partnership formed by Tesoro Corp.. Shares of Tesoro Corp. jumped 6 percent to $64.27 by midday; Tesoro Logistics fell 9 percent to $60.87.

  • US STOCKS-S&P edges higher but IBM results drag Dow Monday, 20 Oct 2014 | 9:54 AM ET

    *IBM slumps after quarterly results. NEW YORK, Oct 20- U.S. stocks were mixed on Monday, with the S&P 500 and Nasdaq posting modest gains, but the Dow falling as quarterly results from IBM disappointed. IBM shares slumped 7.3 percent to $168.69 as the biggest drag on both the Dow and S&P 500 after the company's third-quarter earnings fell well short of Wall Street...

  • After the financial crisis of 2007-2009, a number of ailing U.S. refineries were sold to investors such as Carlyle Group and Delta Air Lines Inc, which lacked the credit agreements or oil trading expertise to efficiently supply their new plants. On Tuesday, Philadelphia Energy Solutions LLC, the biggest refinery on the East Coast, became the latest to join the...

  • Midday movers: Caterpillar, RadioShack, Tiffany & more Wednesday, 10 Sep 2014 | 1:31 PM ET

    Some of Wednesday's midday movers:

  • Venezuela's PDVSA: Let's make a deal on Citgo Wednesday, 10 Sep 2014 | 8:28 AM ET
    Caracas, Venezuela.

    Venezuela's state-run oil company is seeking offers for its U.S. unit Citgo Petroleum in a deal that could fetch up to $10 billion.

  • NEW YORK, Sept 9- Venezuela's state-run oil company PDVSA is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.

  • Your first trade for Wednesday Tuesday, 9 Sep 2014 | 6:02 PM ET

    The "Fast Money" traders share their final trades of the day.

  • Aug 15- The first new crude-by-rail project at a California refinery is likely to win approval next month after more than a year of scrutiny, the head of the Kern County planning division told Reuters, and it could help reopen the shuttered plant.

  • Aug 15- The first crude-by-rail project at a California refinery is likely to win approval next month after more than a year of scrutiny, the head of the Kern County planning division told Reuters, and it could help reopen the shuttered plant.

  • Summer's busiest week for markets is here Friday, 25 Jul 2014 | 6:10 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE) on Friday.

    A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.

  • The train originated in North Dakota and was bound for Tesoro Corp's 120,000 barrel-per-day Anacortes oil refinery, 80 miles north of the city, Tesoro confirmed.

  • UPDATE 1-BNSF train carrying oil derails in Seattle Thursday, 24 Jul 2014 | 10:56 AM ET

    July 24- A Burlington Northern Santa Fe train carrying crude oil derailed as it departed a railyard in north Seattle on Thursday but there were no immediate reports of a spill or injury, BNSF said in a statement.

  • HOUSTON, July 21- California refiners remain far behind peers elsewhere in the country in replacing expensive imports with cheaper North American crudes from a new production boom. More than half of the 1.7 million barrels of crude processed by California refineries each day is imported, largely from Saudi Arabia, Ecuador, Iraq and Colombia.

  • VANCOUVER, Washington, July 21- California's chance to keep a lid on some of the nation's highest gas prices and join in the spoils of a domestic oil production boom is threatened by quickly growing opposition to a rail terminal in Washington state.

  • NEW YORK, July 14- A $6 billion takeover to create the biggest oil producer in the Bakken shale may also open up new opportunities for some big traders who ship oil from North Dakota and Montana to market.

  • A year of winners (and losers) post-'Alpha' Friday, 11 Jul 2014 | 6:34 AM ET
    Leon Cooperman, Chairman and CEO of Omega Advisors

    Some of 2014's biggest winners are slated to share their next big ideas at this year's Delivering Alpha Conference.