2016 News Releases

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02/03/16Tesoro Corporation and Tesoro Logistics LP Announce New Executive Appointment
SAN ANTONIO - February 3, 2016 - Tesoro Corporation (NYSE: TSO) announced today that Kim K.W. Rucker will join Tesoro as Executive Vice President, General Counsel and Secretary, effective March 14, 2016. Charles S. Parrish, who has served as the Company's General Counsel since March 2005 and as an Executive Vice President of the Company since April 2009, has announced his plans to retire. "I want to recognize and thank Chuck for his many contributions to Tesoro. Few employees are able to m... 
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02/01/16Tesoro Corporation Reports Fourth Quarter and Record Full Year Results for 2015
Tesoro Corporation Reports Fourth Quarter and Record Full Year Results for 2015 Record full year net earnings from continuing operations of $1.5 billion, or $12.39 per diluted share Excluding special items, adjusted earnings for 2015 were $1.7 billion, or $13.91 per diluted share Adjusted EBITDA for the quarter was $665 million and adjusted earnings were $221 million, or $1.83 per diluted share Record marketing segment performance for the year with operating income of $899 million Est... 
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01/20/16Tesoro launches plan to support development of renewable biocrude for its refineries
SAN ANTONIO, Texas, January 20, 2016 - Tesoro Corporation (NYSE: TSO) today announced its plan to foster the development of biocrude made from renewable biomass, which can be co-processed in its existing refineries, along with traditional crude oil. Converting renewable biomass into biocrude is expected to enable existing refining assets to produce less carbon-intensive fuels at a significantly lower capital and operating cost than competing technologies. This approach could lower Tesoro's com... 
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01/11/16Tesoro Closes Acquisition of Logistics Assets in the Williston Basin of North Dakota
SAN ANTONIO, Texas, January 11, 2016 - Tesoro Corporation (NYSE: TSO) ("Tesoro") has closed the previously announced acquisition of Great Northern Midstream LLC ("Great Northern Midstream"), a crude oil logistics provider which owns and operates high-quality, recently constructed crude oil pipeline, gathering system, transportation, storage and rail loading facilities in the Williston Basin of North Dakota. Consistent with the details of the transaction announced on Decembe... 
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01/08/16Tesoro Corporation to Release Fourth Quarter Earnings
SAN ANTONIO - January 8, 2016 - Tesoro Corporation (NYSE:TSO) plans to release its earnings for the fourth quarter 2015 after the market closes on Monday, February 1, 2016. The Company will broadcast, live, its conference call with analysts regarding fourth quarter results and other business matters on Tuesday, February 2, 2016, at 7:30 a.m. CT. Interested parties may listen to the live conference call over the Internet by logging on to www.tsocorp.com. Tesoro Corporation, a Fortune 100 company... 
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01/07/16Tesoro Boosts Fuel Supply Position in Nevada
SAN ANTONIO, Texas, January 7, 2016 - Tesoro Corporation (NYSE: TSO), through its affiliate Tesoro Refining & Marketing Company LLC, has signed a strategic supply agreement with an affiliate of Anabi Oil Corporation (“Anabi”) to sell fuel at 55 high volume retail stations in the greater Las Vegas, Nevada area that Anabi recently acquired.  The agreement allows Tesoro to increase its fuel sales in the Las Vegas region and strengthen the presence of the ARCO® and Mobil® brands. Anabi’s ... 
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