================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): AUGUST 26, 2002
TESORO PETROLEUM CORPORATION
(Exact name of registrant as specified in its charter)
<Table>
DELAWARE 1-3473 95-0862768
(State or other jurisdiction (Commission File Number) (IRS Employer Identification No.)
of incorporation)
300 CONCORD PLAZA DRIVE 78216-6999
SAN ANTONIO, TEXAS (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code: (210) 828-8484
================================================================================
ITEM 5. OTHER EVENTS
On August 26, 2002, Tesoro Petroleum Corporation ("Tesoro") issued a
press release (the "Press Release") announcing that Tesoro has entered into an
asset purchase agreement with Williams Energy Partners L.P. to sell Tesoro's
Northern Great Plains Products System for $110 million in cash. The system
includes a product pipeline from Mandan, North Dakota, to Minneapolis and
terminals in Jamestown, North Dakota, and Moorhead, Sauk Centre and Roseville
(Twin Cities), Minnesota. The transaction will require regulatory approval and
is expected to close in mid-October 2002. The foregoing is qualified by
reference to the Press Release which is filed as Exhibit 99.1 to this Current
Report on Form 8-K and is incorporated herein by reference.
On August 26, 2002, Tesoro issued a second press release (the "Second
Press Release") announcing that Tesoro has reduced its refinery runs to about
85% of crude capacity. Expected crude throughput rates will range between
475,000 to 480,000 barrels per day for September 2002 and between 500,000 to
505,000 barrels per day for the third quarter of 2002. The foregoing is
qualified by reference to the Second Press Release which is filed as Exhibit
99.2 to this Current Report on Form 8-K and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Financial statements of businesses acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
(c) Exhibits.
99.1 Press Release issued on August 26, 2002 by Tesoro
Petroleum Corporation
99.2 Second Press Release issued on August 26, 2002 by
Tesoro Petroleum Corporation
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Date: September 3, 2002
TESORO PETROLEUM CORPORATION
By: /s/ Gregory A. Wright
--------------------------------
Gregory A. Wright
Senior Vice President
and Chief Financial Officer
INDEX TO EXHIBITS
EXHIBIT NUMBER DESCRIPTION
- -------------- -----------
99.1 Press Release issued on August 26, 2002 by Tesoro Petroleum Corporation
99.2 Second Press Release issued on August 26, 2002 by Tesoro Petroleum Corporation