Sunoco Logistics Partners LP News

DELAWARE CITY, Del. - Valero Energy Corp. announced Friday that it will permanently close its Delaware City refinery, causing 550 workers to lose their jobs.

Energy stocks moved up with the broad market on Friday, recovering from losses in the previous session, as investors weighed weaker crude-oil prices against strength in the consumer sector.

Sunoco is fading from Center City. Just four years into a 15-year lease, the company has asked Philadelphia office broker David Binswanger to find new tenants for its headquarters at Mellon Bank Center, 1735 Market St.

Sinclair Tulsa Refining Co. will reduce its work force by an undisclosed number before buyer Holly Corp.

Just four years into a 15-year lease, shrinking Sunoco has asked Philadelphia office broker David Binswanger to find new tenants for its headquarters in the Mellon Bank Center, 1735 Market Street.

Sunoco Inc. has reported a net loss of $312 million for the third quarter of 2009 versus net income of $549 million for third-quarter 2008.

The nation's benchmark mortgage rate is back below 5 percent. The average 30-year, fixed-rate home loan is going for 4.98 percent, down from 5.03 percent last week, mortgage company Freddie Mac reported Thursday after conducting its weekly nationwide survey.

Sunoco Inc. reported a third-quarter loss Thursday after slumping fuel demand prompted the company to cut rates on processing units, idle a refinery and make cuts to its pension program.

Independent oil refiner Sunoco Inc. posted a steep third-quarter loss Thursday, tallying the damage from a recession-ravaged fuel market and the high cost of shuttering operations to cope with a tough marketplace.

We have little understanding of how a local chemical manufacturing plant can flaunt state environmental regulations for an entire year and not get called on the carpet for it until nearly two years later, but that describes the goings-on at the Sunoco, Inc., plant in La Porte.

For more than four decades, Swiss Farms drive-through convenience stores have been providing a quick and easy way for Delaware County residents to grab a gallon of milk or a loaf of bread on the way home from work.

Len Norvilla has felt the sting of unemployment three times - and his wife was pregnant each time.

The Art Museum had been seeking the armor since the 1920s. Director Timothy Rub said getting it was "well worth the wait." 1 of 2 Pol: Sex was last thing on my mind Pa.

Analyst Report ) is a master limited partnership that acquires, owns, and operates a geographically diverse portfolio of refined product and crude oil pipelines and terminal facilities.

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Gloucester County's skilled, dedicated work force is apparently paying the price for low gasoline prices and the switch to electronic documents.

Oil refiners from Valero Energy Corp . to Sunoco Inc. are cutting the most capacity since the early 1980s, anticipating the coldest U.S. winter in a decade wona t be enough to soak up a glut of fuel.

Sunoco, Inc. is indefinitely idling all process units at its Eagle Point refinery located in Westville, New Jersey in an effort to reduce losses in its refining business at a time when a recessionary economy, weak demand for refined products, and increased global refining capacity have created margin pressure on the entire refining industry.

ConocoPhillips has announced an increase in its quarterly dividend along with plans to improve its financial position and increase returns on capital through a combination of enhanced capital discipline and portfolio rationalization.

Officials with the USPS say they're losing too much money to keep the Philadelphia Logistics and Distribution Center in Logan Township open.