On Thursday, U.S. independent refiner Sunoco Inc (SUN.N) reported that planned turnarounds at its refineries in Marcus Hook, Pennsylvania, and Toledo, Ohio will probably reduce production in the first quarter of 2010.
Continue reading "Sunoco’s Q1 output"
Friday, August 7, 2009
Sunoco Inc. has begun the six-week planned turnaround of its 160,000 barrel per day refinery in Toledo, Ohio, in early August and expects it to last until mid-September, the company declared in a second quarter earnings call. For full story, click here
Continue reading "Sunoco has planned Q3 Refinery Work at Toledo"
Saturday, July 11, 2009
Sunoco Inc., the No. 2 independent U.S. oil refiner, declared that it suspended four employees after they took unauthorized actions in a bidding process. For full story, click here
Continue reading "Sunoco has removed 4 staff on unauthorized bidding"
Friday, July 10, 2009
Sunoco Inc., the No. 2 independent U.S. oil refiner, declared that it suspended four employees after they took unauthorized actions in a bidding process. For full story, click here
Continue reading "Sunoco has removed 4 staff on unauthorized bidding"
Tuesday, May 19, 2009
A fire is burning out on Monday at a Sunoco Inc. oil refinery on the Pennsylvania-Delaware border, but any immediate shortfall to gasoline and diesel output is expected to be mitigated by idle processing capacity. For full story, click here
Continue reading "Idle Capacity has come to rescue in Sunoco Refinery Fire"
Monday, May 18, 2009
Crude oil rose for a second day in New York on Tuesday, as gains in the stock market increased optimism that the global economy is recovering. "Sentiment has driven this market from its lows in the hopes of an imminent recovery," said Toby Hassall, research analyst at Commodity Warrants Australia Pty in Sydney. "If we do see equities continue their rally, oil and a lot of other commodities are probably going to follow."
Continue reading "Disruption Concerns Prop Crude"
Thursday, May 7, 2009
U.S. Northeast refiner Sunoco Inc. declared that it sees a challenging market environment for the rest of 2009 due to a weaker economy. For full story, click here
Continue reading "Sunoco CEO declared market challenging for rest of ’09"
Friday, March 13, 2009
Sunoco, Inc. reported that it will reduce its salaried workforce by around 750 positions in 2009, which represents about twenty percent of the workforce included in the first phase of the company’s Business Improvement Initiative. For full story, click here
Continue reading "Sunoco Inc. reported its plans to reduce workforce"
Thursday, August 7, 2008
Sunoco Inc. reported sharply lower second-quarter profit as record-high oil prices hit the profit margins for its fuel and chemical products. For full story, click here
Continue reading "Sunoco profit hit by high oil prices"
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Friday, February 5, 2010