July 5, 2011

TESORO CORP: Accrues $102MM at March 31 for Environmental Issues

COMPANIES: Tesoro Corp

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Tesoro Corporation’s accruals for environmental expenditures totaled US$102 million at March 31, 2011 and US$108 million at Dec. 31, 2010.

The Company received US$58.5 million in a settlement with a prior owner of its Golden Eagle refinery in 2007, in exchange…

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TOPICS: Earnings | Legal Issues, Litigation | Loans & Financing | Oil | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US

LOCATIONS: Texas | United States