Exxon vs sunoco gas pump
Sunoco LP is a exxon vs sunoco gas pump limited partnership organized in Delaware and headquartered in DallasTexas that is a wholesale distributor of motor fuels. It distributes fuel to 5, Sunoco-branded gas stations, almost all of which are owned and operated by third-parties.
The partnership is controlled by Energy Transfer Partners. The partnership was formerly known as Sun Company Inc. It was formerly engaged in oil refinerythe chemical industryand retail sales, but divested these businesses.
Emerson — decided to expand their gas business with a stake in the new oil discoveries in Ohio and Pennsylvania. Four years later, the growing enterprise became the Sun Oil Company of Ohio.
Sun Oil diversified quickly, active in production and distribution of oil as well as processing and marketing refined products. By exxon vs sunoco gas pump, the company was incorporated in New Jersey as Sun Company and turned its interest to the new Spindletop field in Texas. Howard Pew and Joseph N. With a growing portfolio of oil fields and refineries, Sun opened its first service station in Ardmore, Pennsylvania in Init changed its name back to Sun Oil Company and, exxon vs sunoco gas pumpit became a public company via an initial public offering on the New York Stock Exchange.
Its first Canadian refinery was exxon vs sunoco gas pump in in Sarnia, Ontariohome to a burgeoning new petrochemical industry. Sun established a facility at Venezuela's Lake Maracaibo inwhich produced over a billion barrels , m 3 before the operation was nationalized in exxon vs sunoco gas pump InSunoco introduced "custom blending" pumps, an innovation that allowed customers of Sunoco service stations to choose from several octane ratings through a single pump.
Sun Oil continued marketing its petroleum products under both the Sunoco and DX brands through the s and into the s. In the late s, Sun began rebranding DX stations in the Midwest to the Sunoco brand and even introduced the high-octane Sunoco ULTRA 94 gasoline to stations in that region, but by the early s, they pulled out of virtually all areas in the southeastern U. Ironically enough, they also at this time offered Economy 86, which was the lowest commercially available gasoline at the time.
InSun acquired the U. Through the s, Sun developed oil interests in the North Sea and offshore China and expanded its holdings in both oil and coal with additional U.
Then inSun undertook a major restructuring to segregate its domestic oil and gas exploration and production business and the focus the company on its refining and marketing business. This led to the acquisition of Atlantic Refining and Marketing and, in effect, that company's convenience store chain, A-Plusincluding its Philadelphia refinery which was later merged with the former Gulf Oil refinery next door that Sunoco acquired from Chevron.
By the s, Sun had departed exxon vs sunoco gas pump international exploration business and was fully dedicated to its branded products and services. InSunoco acquired the Philadelphia Chevron Oil refinery consolidating operations with its own adjacent which it had acquired with Atlantic.
Sun sold its remaining interest in Canada's Suncor Energy inbut markets product from two refineries — one in Toledo, Ohioand the other Sarnia, Ontario — in joint ventures. InSun acquired the exxon vs sunoco gas pump business of Allied Signal, including a phenol plant. The business was renamed as "Sunoco Chemicals, Inc. After ConocoPhillips abandoned the marketing of the Mobil brand name in the Washington, DCarea, Sunoco purchased these rights, converted Maryland and Virginia Mobil stations to the Sunoco brand, bringing the A-Plus convenience store with them — prior to this, these stations had convenience stores under the Circle K or On the Run brands.
In Canadathe Sunoco brand was licensed for the Ontario retail gas station operations of Suncor Energy until Effective 6 SeptemberSunoco announced that it would exit the crude oil refining business and seek to sell its Philadelphia and Marcus Hook refineries by mid On December 1,Sunoco announced it would accelerate closure of the Marcus Hook exxon vs sunoco gas pump.
In SeptemberSunoco formed a joint venture with The Carlyle Groupallowing for the continuation of operations at the Philadelphia refinery, and saving over jobs. Inthe company acquired convenience stores from Catterton Partners. Also inSunoco acquired Aloha Petroleum. Effective December 31,Robert "Bob" W.
Owens, the president and chief executive officer, retired. Sunoco also operates some of the filling stations on the New York Thruwayas well as the two service areas - Chesapeake House and Maryland House - along Interstate 95 in Maryland. In Januarythe company sold 1, retail stores to 7-Eleven and agreed to supply 2. Inwhen the company owned refineries, it was the only refiner to sign the Coalition for Environmentally Responsible Economies Ceres principal.
Sunoco's safety systems did not detect the leak, which was reported by a hiker in the Wildlife Refuge. On April 4,Pennsylvania Senator H. In terms of number of incidents, Sunoco has the worst safety record of 1, active pipeline operators who report operating data to PHMSA. InSunoco was one of 50 companies sued by Pennsylvania, which alleged that the companies polluted waters with MTBEa gasoline additive.
Sunoco Logistic's ongoing Mariner East pipeline project has been delayed on multiple occasion due to accidental pollution of water supplies in Pennsylvania. Sterling Marlin drove the exxon vs sunoco gas pump Sunoco Ultra94 Oldsmobile during the seasons and Terry Labonte for the seasons. From Wikipedia, the free encyclopedia. This article is about the Exxon vs sunoco gas pump. For the unaffilated Canadian oil company, see Suncor Energy. Not to be confused with Sonocoa packaging products company.
Securities and Exchange Commission. The Weapons Acquisition Process: Musacchio and James Crum, Appellees, F. American City Business Journals. Federal Exxon vs sunoco gas pump Commission Press release. The Wall Street Journal. South Jersey Transportation Authority. Completes Acquisition of 1, Sunoco Stores" Press release. Archived PDF from the original on The New York Times. Pipeline and Hazardous Materials Safety Administration. A pipeline project plagued by mishaps and delays". What's in a Car Number?
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Master limited partnership ; controlled by Energy Transfer Partners. PittsburghExxon vs sunoco gas pumpU.