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Vol. 8, No. 6 Week of February 09, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Tesoro continues string with $27.7 million loss for fourth quarter

Other refining operations revive, but Tesoro says geography hurt

Allen Baker

PNA Contributing Writer

Tesoro Petroleum Corp. added to its string of losses this year with $27.7 million in red ink for the fourth quarter, including $12.2 million in charges for losses on asset sales. The company made $4 million in the same quarter a year ago. But since then, the San Antonio, Texas, company has racked up....

    [additional news subjects in this story]

Big debt looms

Margins remain thin


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