Officials Celebrate Opening of Fuel Transport Facility in Southwest PhillyThe first trainload of crude oil arrived Wednesday from North Dakota's Bakken shale region, only about a year after PES and the Carlyle Group took over the operation of the refinery complex from Sunoco.
Former Sunoco Refinery Gets New Life Under New ManagementThe joint venture between Sunoco and the investment firm The Carlyle Group keeps the refinery and its 850 jobs alive.
Sunoco Reaches Deal To Save South Philadelphia RefinerySunoco's South Philadelphia refinery -- slated to close next month -- will remain open under a deal announced on Monday. 850 jobs are being saved by the deal.
Sunoco Being Acquired By a Texas-Based Oil Company, But HQ Will Remain HereA Texas-based energy company has offered to buy Sunoco for $5.3 billion but says it will keep a strong Philadelphia presence.