SAN ANTONIO, June 27, 2016 - Tesoro Corporation (NYSE: TSO) today released its annual Social Responsibility Report for 2015 that outlines the Company's performance, approach, and commitment to social and environmental responsibility and demonstrates its commitment to operating in a responsible manner that creates shared value for shareholders, employees, customers, and communities.

The 2015 Social Responsibility Report highlights accomplishments in the following areas:

  • Safety: In 2015, Tesoro once again surpassed its own safety targets - on both personal and process safety - in addition to outperforming industry averages.
  • Oil spill prevention and response: Tesoro continued its commitment to environmental stewardship. In addition to conducting more than 30 emergency response drills in 2015, it also worked collaboratively with organizations like the Washington Department of Ecology, the U.S. Coast Guard, and BNSF Railway on the deployment of new emergency response technologies.
  • Air emissions: In 2015, Tesoro effectively reduced air emissions such as NOx, SOx and particulates by 15 percent over 2014. Additionally, Tesoro installed or upgraded flare gas recovery systems at five out of six refineries to help to further reduce emissions.

ABOUT TESORO

Tesoro Corporation, a Fortune 100 company, is an independent refiner and marketer of petroleum products. Tesoro, through its subsidiaries, operates six refineries in the western United States with a combined capacity of over 875,000 barrels per day and ownership in a logistics business, which includes a 36% interest in Tesoro Logistics LP (NYSE: TLLP) and ownership of its general partner. Tesoro's retail-marketing system includes over 2,400 retail stations under the ARCO®, Shell®, Exxon®, Mobil®, USA Gasoline(TM), Rebel(TM) and Tesoro® brands.

This release contains certain statements that are 'forward-looking' statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements concerning our operations, our ability to create value for our stakeholders and our ability to reduce air emissions. For more information concerning factors that could affect these statements see Tesoro's and TLLP's annual reports on Form 10-K and quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission. We undertake no obligation to publicly release the result of any revisions to any such forward-looking statements that may be made to reflect events or circumstances that occur, or which we become aware of, after the date hereof.

TESORO CONTACTS:

Investors:

Sam Ramraj, Vice President, Investor Relations, (210) 626-4757

Media:

Tesoro Media Relations, media@tsocorp.com, (210) 626-7702

HUG#2023375

Tesoro Corporation published this content on 27 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 June 2016 20:50:02 UTC.

Original documenthttp://phx.corporate-ir.net/phoenix.zhtml?c=79122&p=irol-newsArticle&ID=2180290

Public permalinkhttp://www.publicnow.com/view/A836D0E311EEAD0B599811896456FB4D58A9972B