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Economic Recession Forces Older Refineries to Permanently Shut Down, an Industrial Info News Alert
Petroleum companies have decided to indefinitely idle three refineries with combined capacities of 358,000 barrels per day because of poor market conditions.
Dark Ages Continue for Refiners
INTEGRATED OIL AND GAS MARGINS remain well off historical levels. Given where margins sit relative to historical levels, we thought it necessary to benchmark quarter-to-date data against historical averages.
Police: Gang of gunmen steal 2 cars in Olney
Get the latest Philadelphia news and headlines from across the Delaware and Lehigh valleys every day on 6abc.com. OLNEY - November 30, 2009 -- Police say five to six armed men carjacked two vehicles at a convenience store in Olney overnight.
Ambani's $12 Billion LyondellBasell Bid Mimics Valero, Tosco Expansions
Reliance Industries Ltd. a s bid for bankrupt LyondellBasell Industries AF would give Indiaa s biggest company a low-priced U.S. refinery, mimicking successful strategies by Valero Energy Corp.
Valero to shut down Del. refinery, production shifting to Paulsboro
DELAWARE CITY, Del. - Valero Energy Corp. announced Friday that it will permanently close its Delaware City refinery, causing 550 workers to lose their jobs.
Valero shutting Delaware refinery employing 550
Valero Energy on Friday said it's shutting down its refinery in Delaware City, Del., in a move that will eliminate 550 jobs.
Energy Stocks: Energy sector gains with broad market
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.
Energy Stocks: Energy stocks weaken despite bullish supply data
Energy stocks perked up from lows earlier in the session on Wednesday after bullish weekly petroleum inventory, but weak economic data from the real estate sector dampened enthusiasm over the sector.
Sinclair refinery to trim jobs before acquisition by Holly
Sinclair Tulsa Refining Co. will reduce its work force by an undisclosed number before buyer Holly Corp.
Upgrades & Downgrades: Adobe's On the Up
Stocks surged, sending the S&P 500 up for a sixth straight session and propelling the Dow to a 13 month high, after a G-20 host became the market's Darling for a day .
Recent Insider Buying Offers Tips
The following issues have seen significant recent insider stock purchases over the last week.
Biggest Oil & Gas Stocks Losers were SD, SUN, CVI : by Penny Stock Pick Alert
Dallas, TX - SandRidge Energy Inc. declined 4.33% to $10.16 on over 14.30 million shares after SandRidge Energy, Inc.
Sunoco 's third-quarter results demonstrate that fear and loathing continue to dominate the independent refining industry.
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.
Stocks in the Spotlight Friday
Dow Jones Reprints: This copy is for your personal, non-commerical use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool on any article or visit www.djreprints.com Sunoco Shares of the oil refiner fell 9% after the company posted a wider-than-expected loss for the third ...
Later, commenting on first-quarter results, I cautioned investors not to get burned by chasing then-hot shares.
Disappointing Quarter for Sunoco
Oil refiner and marketer Sunoco Inc. reported weaker-than-expected third quarter results as its refining and chemicals operations slipped in the red, pulled down by reduced margins and production.
Critical Alerts for eBay, Oracle, ADP, Sunoco, and Skyworks Released by Seven Summits Research
Seven Summits Research issues PriceWatch Alerts for EBAY, ORCL, ADP, SUN, and SWKS.
Sunoco Inc. Reports Operating Results
Sunoco Inc. filed Quarterly Report for the period ended 2009-09-30. Sunoco Inc. is principally a petroleum refiner and marketer with interests in cokemaking.
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.
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