News: Tesoro Corp (TSO)

TSO on New York Consolidated

17 Oct 2014
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Wed, Jul 30 2014

Tesoro says Q2 net income dips slightly to $224 million

HOUSTON, July 30 - Tesoro Corp, the No. 2 U.S. independent refiner, on Wednesday reported second-quarter net income that dipped to $224 million from $227 million a year ago as costs and expenses rose.

As late comer, Shell oil-by-rail plan faces extra scrutiny

ANACORTES, Washington, May 30 - When Tesoro Corp pioneered moving crude by rail to its Washington state refinery in 2012, it encountered little community opposition. The same goes for early adopters BP Plc and Phillips 66 .

UPDATE 2-Tesoro says plan for Washington state crude railport delayed

* Project cost up to $150 mln-$190 mln, previously $100 mln (Recasts with length of delay, adds detail about project and oil by rail on U.S. West Coast)

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