Sunoco News

With the completion of its crude distillation unit , the refinery's 600,000 bpd capacity eclipses Exxon Mobil Corp's 560,640 bpd Baytown, Texas, refinery, as the largest U.S. refinery.

Sunoco Inc. has chosen contractor Paragon Environmental Construction Inc. to complete critical projects in upstate New York this summer.

Valero Energy is the largest independent downstream refiner and distributor of oil in the world, with a capacity of around 2.8 million barrels per day.

The Sunoco oil refinery along the Schuylkill, with the Platt Bridge in the background.

Sunoco Inc. restarted two units at the Girard Point section of its 335,000 barrel per day refinery in Philadelphia after maintenance for repairs, according to the Philadelphia government.

Concerning state Sen. Stephen Sweeney's letter about the Eagle Point refinery property tax settlement, "West Deptford settling for too little," on May 11: Sweeney and his Democratic Party created this mess in the first place, delaying the inevitable for 24 years while spending millions of West Deptford taxpayers' dollars in legal and expert fees ... (more)

"Paying for Growth" compares the returns posted by one of my favorite MLP investments , Enterprise Products Partners LP to units of fellow midstream master limited partnership Energy Transfer Partners LP .

With more than 4,900 locations in the United States-including two on Ridge Avenue in Roxborough A and Andorra - Sunoco's recent acquisition by Energy Transfer Partners is something to take notice of.A The April 30, $5.3 billion sale puts into question the future of the Philadelphia-based gas company.

Though it is really Sunoco's pipeline affiliate that he covets, Kelcy L. Warren, the chief executive of the Texas pipeline company that is buying Sunoco Inc.

Sunoco Inc's fire-damaged crude distillation unit at its 335,000-barrel-per-day refinery in Philadelphia will reach full rates by late Friday or early Saturday, a trade source familiar with refinery operations said on Friday .

Energy Transfer Partners could fetch up to $1.8 billion for the 4,900 gasoline stations it acquired when it agreed to buy Sunoco last month in a $5.3 billion deal, Raymond James analysts said, according to a Wall Street Journal report in its "Deal Journal" blog.

The Sunoco station on Old Keene Mill Road in Central Springfield will be razed and rebuilt with additional pumps and a mini-mart. The proposed project is one of several taking place at virtually the same time, along a small stretch of a heavily-traveled commercial corridor.

The first is that analysts with Raymond James have estimated that Energy Transfer Partners, which is buying Sunoco for its stake in Sunoco Logistics, could get up to $1.8 billion for Sunoco's 4,900 gas stations.

The Sunoco refinery along the Schuylkill. The 1,400 acres spark in dreamers grand visions of new land uses, but a city official says that given the site's history, industrial or commercial activities make more economic sense.

I don't want to come off like Pollyanna about Europe with Greece ungovernable , Spanish stocks down nearly 4% overnight, and UK retail sales as ugly as a nasty cold sore on that famous stiff upper lip.

The fire was extinguished in the CDU in Girard Point section of the refinery early Wednesday morning, and the unit was subsequently shut.

Gasoline cracks in north-west Europe fell to around $10 per barrel on Thursday, well off recent highs, and the return of refinery capacity will push margins down further into the northern hemisphere summer, traders and analysts said.

A crude distillation unit at Sunoco Inc's 355,000 barrels-per-day Philadelphia, Pennsylvania, refinery will restart following inspection in 1-2 days after a hole was discovered following a fire, a source familiar with the situation said.

The firm currently has a $52.00 price target on the stock. Zacks ' analyst wrote, "Following the proposed acquisition of Sunoco by ETP, we are upgrading the former's shares to Neutral from Underperform.

Outright product swaps fell after a nearly $6 a barrel drop in Brent crude oil futures over the week as concerns resurfaced over demand following a round of disappointing U.S. jobs data and worries about euro zone growth.