Tesoro Buys Shell, USA Petrol Assets in California

January 28, 2007

Texas-based refiner Tesoro Corp. is staking out a much larger piece of the giant California fuel market, announcing Monday plans to buy a Los Angeles-area refinery and nearly 400 gasoline stations from Shell Oil and USA Petroleum for about $1.9 billion.

*For more on this story,

read the full MarketWatch article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Ling & Louie’s Turns to Restaurant Veteran

Merrill to Buy First Republic for $1.8B

staff-author

Tesoro Buys Shell, USA Petrol Assets in California

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

Midday Stock Roundup: Biomerica Rises 4.7% on Medicare Coverage

Shopoff Demolishes Westminster Mall Sign, Launches Bolsa Pacific

Rivian Partners with Redwood Materials to Deploy Energy Storage System

Related Articles

Midday Stock Roundup: Biomerica Rises 4.7% on Medicare Coverage

Shopoff Demolishes Westminster Mall Sign, Launches Bolsa Pacific

Rivian Partners with Redwood Materials to Deploy Energy Storage System

MemorialCare Orange Coast Appoints New CEO

Turion Space Raises $75M+

Advertise With Us

About Us

Subscriber Links

Other Journals