corporation type public traded as nyse tso s & p 500 component industry oil and gas founded 1968 headquarters san antonio texas united states number of locations 7 oil refineries 1 595 retail locations 2 key people gregory j. goff president & ceo products petroleum products natural gas and fuel revenue us 37.6 billion fy 2013 3 operating income us 755.0 million fy 2013 3 net income us 412.0 million fy 2013 3 total assets us 13.39 billion fy 2013 3 total equity us 4.30 billion fy 2013 3 number of employees over 6 000 website www.tsocorp.com footnotes references 3 4 tesoro corporation nyse tso aka tesoro petroleum or simply as tesoro is a fortune 100 5 and a fortune global 500 company headquartered in texas at san antonio with 2013 annual revenues of 37 billion and over 5 700 employees worldwide . tesoro is an independent refiner and marketer of petroleum products operating seven refineries in the western united states with a combined rated crude oil capacity of approximately 845 000 barrels 134 300 m3 per day . tesoro s retail marketing system includes over 2 264 branded retail gas stations of which more than 595 are company operated under its own tesoro brandname as well as shell exxonmobil arco and usa gasoline brands . contents 1 history 2 executives 3 media controversy 3.1 environmental record 3.2 explosion 3.3 libya 4 see also 5 references 6 external links history edit tesoro s corporate hq completed in 2009 at san antonio tx . tesoro was founded in 1968 6 by dr. robert v. west jr 7 primarily engaged in petroleum exploration and production tesoro is the word for treasure or treasury in both italian and spanish . citation needed in 1969 tesoro began operating its first refinery near kenai alaska tesoro corp. became the first fortune 500 company to be headquartered in san antonio . in the late 1990s tesoro grew through a series of acquisitions and initiatives that created tesoro corporation the company focusing on a single core business petroleum refining and marketing . acquisitions expanded refining capacity from 72 000 barrels per day 11 400 m3 d to approximately 664 000 barrels per day 105 600 m3 d . milestones in the company s history are 1998 acquires second refinery after nikiski in kapolei hawaii along with petroleum terminals and approximately 30 retail stations in hawaii from bhp americas also acquires the former shell refinery at anacortes washington ; 1999 sold exploration and production operations ; 2001 purchased refineries in mandan north dakota and salt lake city utah from amoco ; 2002 acquired golden eagle refinery in martinez california from ultramar valero ; 2003 sold tesoro marine services to martin midstream llc tesoro marine services were operating fueling and supply terminals servicing us gulf coast oil and gas exploration also made a series of refinery acquisitions that boosted the company s capacity output and positioned it for future expansion in key growth markets throughout the western united states ; 2005 largest capital expansion program in the corporation s history and record earnings ; 2007 announcement of purchase of shell s refinery at los angeles refinery and approximately 250 southern california retail stations ; 2007 tesoro acquires usa gasoline ; 2009 tesoro employees move into a newly completed corporate campus in july . 8 2011 tesoro forms tesoro logistics lp tllp as a master limited partnership ; 9 2011 tesoro acquires 250 arco thrifty style stations and thrifty stations in southern california ; 2012 tesoro changes the 250 arco thrifty style stations and thrifty stations in southern california to usa gasoline ; 2013 tesoro purchases the carson refinery and the arco brand from bp ; 2013 tesoro sells its kapolei refinery to par petroleum . 10 11 2016 tesoro purchased dakota prairie refining in dickinson north dakota from wbi energy . construction of the refinery was completed in the spring of 2015 . citation needed executives edit tesoro corporation s executive management team comprises 12 greg j. goff president and ceo keith casey executive vice president operations kim k. rucker executive vice president general counsel and secretary steven sterin executive vice president cfo media controversy edit environmental record edit tesoro s anacortes refinery at the north end of march point southeast of anacortes washington having taken over bp installations researchers at the political economy research institute identified tesoro as being the 24th largest corporate producer of air pollution in the united states releasing roughly 3 740 000 lb 1 700 t of toxic chemicals annually . 13 major pollutants emitted annually by the corporation include more than 400 000 lb 180 t of sulfuric acid . 14 following which the environmental protection agency named tesoro a potentially responsible party for at least four superfund toxic waste sites . 15 tesoro has settled and or closed each of the superfund sites for which it has been named as one of many responsible parties . tesoro was listed as a de minimis contributor to a superfund site in abbeville la and the site has since been closed by the epa . tesoro has given over 1 million in support of california proposition 23 which aims to suspend the global warming solutions act of 2006 . 16 explosion edit on april 2 2010 there was an explosion at the anacortes refinery with seven deaths . 17 libya edit after the overthrow of colonel gaddafi tesoro bought libyan crude oil in early april 2011 from the vitol group to supply its then hawaiian refinery . 18 see also edit texas portal companies portal list of automotive fuel brands oil companies references edit products and services tesoro retail locations . tesoro corporation . tesoro refinery locations . tesoro corporation . a b c d e f tesoro corporation tso . yahoo finance . tesoro corp tso new york . bloomberg business . www.investopedia.com tesoro corporation company history robert v. west jr. 85 ; founder of independent oil producer tesoro . los angeles times . www.mysanantonio.com www.tesorologistics.com www.hawaiinewsnow.com www.par petro.com nasdaq corporate solutions profile toxic 100 . political economy research institute . retrieved august 14 2007 . tri rtknet.org the right to know network . rtknet.org . www.publicintegrity.org www.ca.gov renegade refiner osha says bp has systemic safety problem the center for public integrity us refiner tesoro buys cargo of libyan rebel oil reuters external links edit official website collaboration key to shaping energy future profile on bruce smith in bic magazine june july 2007 california refineries california air resources board emission impacts of refineries april 23 2009 v t e city of san antonio nickname alamo city attractions the alamo alamo cenotaph la antorcha de la amistad basilica of the national shrine of the little flower cathedral of san fernando hemisfair 68 houston street retama park racetrack san antonio zoo tower of the americas tower life building museums artpace blue star contemporary art museum briscoe western art museum casa navarro state historic site fort sam houston museum gallista gas gallery guadalupe cultural arts center guinness world records utsa institute of texan cultures mcnay art museum museo alameda museum of aerospace medicine o. henry house museum ripley s believe it or not san antonio academy museum san antonio museum of art barney smith s toilet seat art museum southwest school of art spanish governor s palace edward steves homestead texas air museum texas transportation museum united states army medical department museum witte museum yturri edmunds historic site see also list of museums in central texas entertainment alamodome arneson river theater at & t center aztec on the river fiesta noche del rio fiesta san antonio freeman coliseum majestic theatre morgan s wonderland nelson w. wolff stadium san antonio missions baseball san antonio rampage san antonio scorpions san antonio spurs san antonio stars san antonio stock show & rodeo san antonio symphony san antonio talons santikos theatres seaworld six flags fiesta texas splashtown texas folklife festival toyota field tobin center for the performing arts san antonio municipal auditorium companies christus santa rosa iheartmedia visionworks of america firstmark credit union frost bank harte hanks h e b m7 aerospace newtek rackspace san antonio express news sas shoemakers sas saws security service federal credit union swbc tesoro toyota motor manufacturing texas usaa valero research and education the alamo colleges baptist school of health professions cancer therapy & research center children s cancer research institute oblate school of theology our lady of the lake university san antonio public library south texas medical center texas biomedical research institute southwest research institute st. mary s university texas a & m university san antonio texas neurosciences institute trinity university university hospital system university of the incarnate word university of texas health science center university of texas at san antonio military san antonio military medical center brooks city base camp bullis fort sam houston lackland air force base pershing house randolph air force base wilford hall ambulatory surgical center parks acequia park brackenridge park denman estate park dwight d. eisenhower park friedrich wilderness park government canyon state natural area hardberger park mahncke park orsinger park san antonio botanical garden japanese tea garden san antonio missions national historical park san pedro springs park o. p. schnabel park travis park restaurants and shopping bill miller bar b q enterprises buckhorn saloon & museum don pedro mexican restaurant earl abel s guenther house jim s restaurants la villita luby s market square north star mall pearl brewery rivercenter river walk the shops at la cantera taco cabana whataburger other acequia madre de valero architecture bexar county courthouse culture downtown henry b. gonzalez convention center history timeline st. joseph catholic church metropolitan area neighborhoods and districts san antonio conservation society san antonio international airport san antonio springs san antonio station via metropolitan transit bexar county san antonio new braunfels metro texas united states retrieved from https en.wikipedia.org w index.php title tesoro & oldid 743663137 categories oil companies of the united statespetroleum in texascompanies based in san antonioenergy companies established in 1968non renewable resource companies established in 19681968 establishments in texascompanies listed on the new york stock exchangeeconomy of the western united stateshidden categories all articles with unsourced statementsarticles with unsourced statements from april 2016articles with unsourced statements from june 2016 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages espa ol fran aisbahasa indonesia edit links this page was last modified on 10 october 2016 at 16 41 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view