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Phillips 66 (NYSE:PSX) To Purchase Largest Storage Capacity Terminal Near Beaumont, Texas

Boston, MA 06/09/2014 (wallstreetpr) – Phillips 66 (NYSE:PSX) agreed to purchase its largest storage capacity terminal near Beaumont, Texas. The logistics and energy manufacturing company announced its plan to buy a 7.1 million barrel capacity near Beaumont, which will be the company’s biggest terminal in its portfolio. Phillips 66 (NYSE:PSX) President, Tim Taylor, said that […]

Energy Stocks Surges lead by Tesoro (NYSE:TSO) – TSO, MRO, VLO, PSX, HES

On Monday, Energy stocks surged alongside the broader U.S. market, held up by expects that several resolution for the so-called fiscal cliff in the U.S. could be near. Energy shares let by Tesoro Corporation (NYSE:TSO), with the firm also ranking as one of the top advancers in the S&P 500 Index. Shares of the Tesoro […]