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Sunoco Reports Third-Quarter, Nine-Month Loss
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 loses $312 million, scales back pension plan
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.
Sunoco swings to loss on weak margins, deep cuts
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.
Sunoco -- Doing Whatever It Takes In La Porte
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.
Swiss Farms planning to expand
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.
Rare horse armor headed to Art Museum
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.
Sunoco Logistics Fairly Priced
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.
H1N1 flu vaccine: Who is getting what when? Laid off yet again, one Sunoco worker digs in Parking rules for trucks tightened in Center City Rare horse armor headed to Art Museum Teen shoots street vendor in West Philadelphia Woman, 19, robbed and assaulted near Temple Woodlynne baker shot to death during robbery SnapGlow.TV: Fashion's young guns ...
Plan for future at Eagle Point
Gloucester County's skilled, dedicated work force is apparently paying the price for low gasoline prices and the switch to electronic documents.
Sunoco Joins Valero Shuttering Refineries as Winter No Match for Fuel Glut
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 Idles Eagle Point Refinery; Will Evaluate Feasibility of Using ...
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 Selling $10 Billion in Assets to Improve Returns
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.
USPS Closure Means 100s More S. Jersey Jobs Axed
Officials with the USPS say they're losing too much money to keep the Philadelphia Logistics and Distribution Center in Logan Township open.
Closing of postal service center, oil refinery costs Gloucester County about 1,050 jobs
Stephen Sweeney confirmed the closing of a U.S. Postal Service center to the Gloucester County Times The closings of oil refinery and a U.S. Postal Service center will result in a loss of about 1,050 jobs in the next few months, a report in the Gloucester County Times said.
A Fine Mess For U.S. Refineries
Excess capacity, weak demand for fuels and rising product inventories continue to squeeze margins for U.S. oil refiners.
Sunoco idling Eagle Point, furloughing 400
Sunoco Inc. said Tuesday it is indefinitely idling its Eagle Point refinery in Westville, N.J., and furloughing all 400 workers there.
The Scene from MEGA Career Fair
Sunoco's use of deadly hydrofluoric acid at its Philadelphia refinery has come under scrutiny after a March accident that sent 13 contract workers to the hospital.
Deadly acid poses a safety issue for Sunoco
Sunoco's use of deadly hydrofluoric acid at its Philadelphia refinery has come under scrutiny after a March accident that sent 13 contract workers to the hospital.
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