Tesoro officially becomes Andeavor

Aug. 1, 2017
Tesoro Corp. and Tesoro Logistics LP have changed their names Andeavor and Andeavor Logistics LP, respectively.

Tesoro Corp. and Tesoro Logistics LP have changed their names Andeavor and Andeavor Logistics LP, respectively (OGJ Online, June 1, 2017).

The official name changes took effect on Aug. 1, the companies confirmed in a release.

"Our name change to Andeavor acknowledges the significant progress we have made in transforming the company over the last several years and the opportunities we see ahead," said Greg Goff, Andeavor chairman, president, and chief executive officer.

Tesoro was founded in the 1960s as a company primarily engaged in petroleum exploration and production. It built and commissioned its Kenai, Alas., refinery in 1969 and began shifting its focus to refining and marketing in the late 1990s.

With the former Tesoro’s acquisition of Western Refining Inc. completed on June 1, Andeavor now owns 10 refineries with a combined refining capacity of more than 1.1 million b/sd (1.05 million b/cd) (OGJ Online, Mar. 24, 2017).

Contact Robert Brelsford at [email protected].