SAN ANTONIO, Texas (AP) ¿ Tesoro Corp. said Tuesday that it expects to resume operating its coking unit at its Wilmington refinery in the middle of this month. The unit, located near Los Angeles, was the site of a major fire on Sept. 25. Tesoro said it will operate at full rates, which will allow the refinery to return to planned production levels. The facility processed 100,000 barrels of crude oil a day into gasoline, jet fuel and other products. Company officials said at the time it would continue operations at reduced rates. Tesoro shares rose 7 cents to close at $14.51 after the news was announced.
More from Investing
How ESG Investing Can Benefit Your Portfolio and 401k
Curious about getting involved in ESG investing? Here's how it can benefit your portfolio.
Dick's Sporting Goods Reportedly Again Mulls Halt to Firearms Sales
Dick's has been the most publicly prominent among the retailers about the subject of firearms sales, CNN reports.
U.S. Steel Stock Lower After News of 200 Furloughs in Michigan
The steelmaker plans to halt production and temporarily lay off about 200 workers at its Great Lakes, Mich., facility.
KeyBanc Upgrades Residential Solar Companies on Growth Prospects
Recent weakness in residential solar stocks creates 'an attractive entry point,' KeyBanc analyst says
TPI Shares Spin Higher After Analyst Upgrades Wind-Turbine-Blade Maker
Analysts at Raymond James say a recent sharp decline in TPI's stock price has created a buying opportunity for investors, especially given shares of other cleantech companies are up double digits in 2019.