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Wednesday, April 7, 2010 as of 11:14 AM ET

Tesoro

Tesoro

Tesoro Corporation () is a Fortune 100 and a Fortune Global 500 company headquartered in San Antonio, Texas, with 2008 annual revenues of $28.3 billion, and approximately 5,600 employees.

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Husky Energy Workers Strike At Lima, Ohio, Refinery

Union workers have called a strike at Husky Energy's (HUSKF, HSE.

T) refinery in Lima, Ohio, leaving management to run the 155,000 barrels-a-day plant Friday.The strike is the first called as local unions continue to negotiate with individual refineries over the details of a general contract agreed to by the national United Steel Workers and a consortium of refiners at the end of January. The union has been pushing for stronger safety measures in an industry that has had 18 reported deaths since 2009.Spot prices for Midwest N-grade regular conventional gasoline traded 1.75c up on the day, at a discount of 8c to June Nymex RBOB futures, on worries that the strike could cut into production at the refinery. Traders said some last-minute buying before the weekend also boosted the differentials. The strike news had no impact on trading in Chicago.The refinery produces about 2 billion gallons of refined fuel a year, including about a quarter of the gasoline consumed in the state of Ohio, acco...

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  1. Priceline.com, Netflix Among Stocks Down on Above-average Volume Wednesday

    A few stocks are down on high volume today:Priceline.com (NASDAQ:PCLN) was down on high volume, trading with volume of 2.1 million, or 1.6 its average daily volume. ...

  2. Italy Treasury Sets Floor At 2.25% On New 4-Year BTP Linker

    The Italian Treasury on Friday fixed the minimum yield on its new four-year inflation-linked government bond, which goes on sale next week.The minimum guaranteed rea...

  3. Energy Stocks Drop Along With Equities

    Energy stocks fell with the broad equities market on Monday. Energy stocks in the S&P 500 dropped 0.7%, on average, with losses by Alpha Natural Resources and Tesoro...

  4. Italy Bank Lobby: LTRO Pushes BTP Yields Back To Last Spring's Levels

    Yields on shorter-duration Italian government bonds have returned to levels last seen before July 2011 as a result of the European Central Bank's three-year liquidit...

  5. Workers At Another Tesoro Refinery Vote To Reject Labor Contract

    Union workers at Tesoro Corp.'s (TSO) refinery in Salt Lake City have voted to reject a new labor contract with the company, becoming the fourth Tesoro refinery to h...

  6. Profiting from Pain at the Pump

    The spike in oil is pushing gasoline prices to record highs for this time of year, forcing Americans to dig deeper into their pockets.Nationwide, a gallon of regular...

  7. CORRECT (2/21): More Tesoro Refinery Workers Reject Labor Contracts

    ("More Tesoro Refinery Workers Reject Labor Contracts," published on Feb. 21 at 4:01 p.m. EST, misstated the outcome of a vote by Mandan refinery workers on a contra...

  8. More Tesoro Refinery Workers Reject Labor Contracts

    Union workers at three more Tesoro Corp. (TSO) refineries have rejected new labor contracts, setting up the potential for a strike.A general strike at Tesoro's refin...

  9. BP Halts Production At Washington Refinery After Fire

    DOW JONES NEWSWIRESBP PLC (BP, BP.LN) said Saturday it has idled operations at its Cherry Point refinery in Ferndale, Wash. as the company determines the condition o...

  10. BP Cherry Point Fire Started At Crude Unit - Filing

    The fire at the BP PLC (BP) Cherry Point refinery in Ferndale, Wash., on Friday occurred at the plant's crude distillation unit, according to a government document f...

  11. Energy Stocks Fall, WPX Energy Up

    Energy stocks in the S&P 500 fell 0.2%, on average, on Thursday morning. Alpha Natural Resources fell 1%, and Tesoro Corp. moved down by 1.3%. Among gainers, WPX Ene...

  12. Marathon Petroleum Kentucky Refinery Union Rejects Labor Pact

    Union workers at the Marathon Petroleum Corp. (MPC) refinery in Catlettsburg, Ky., have rejected the tentative contract agreement that the United Steelworkers and re...

  1. Energy Stocks Rise, Snapping Losing Streak

    Tesoro Corp. rose 4.8% and Denbury Resources moved up by 3.2% as energy stocks rose for the first time after a six-session slide on Thursday. NRG Energy rose 3.7% an...

  2. 600 Million Oil Storage Facility Planned For St. James Parrish, La.

    A consortium including Australian investment bank Macquarie Group (MQBKY, MQG.AU) said Wednesday that it plans to build a 10-million-barrel oil storage terminal in L...

  3. Icahn Gets Majority Support In CVR Tender Offer; To Replace 7 On Board

    Carl Icahn may have won the support of a majority of CVR Energy Inc. (CVI) shareholders in his hostile takeover bid, but the billionaire investor faces a potentially...

  4. US Crude Oil Tumbles Below $100 On Host Of Factors

    U.S. crude oil prices fell below $100 a barrel Friday for the first time since early February--and promptly tumbled past the $99 and $98 marks after a weak reading o...

  5. US Crude Tumbles Below $100 On Host Of Factors

    U.S. crude oil prices fell below $100 a barrel Friday for the first time since early February--and promptly tumbled past the $99 and $98 marks after a weak reading o...

  6. Sunoco Rallies 21%, Lifts Energy Stocks

    Sunoco Inc. rallied 19.5% in early action on Monday after Energy Transfer Partners L.P. agreed to buy the fuel infrastructure and logistics firm in a deal valued at ...

  7. EPA Settles Biofuel Violations With 30 Companies

    Thirty companies have agreed to pay what the Environmental Protection Agency described as "modest" civil penalties for using fraudulent credits to meet a federal bio...

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