So, with a half-billion-dollar potential hit to the regional economy looming in just three months, what does the future hold for the Delaware Valley’s three local refineries? Sunoco CEO Brian MacDonald isn’t sure.
The feds have approved some $5 million that will aid displaced workers at a pair of shuttered oil refineries in Delaware County.
Delaware County has authorized a $100,000 study to look into potential new uses for the shut-down Sunoco oil refinery in Marcus Hook.
Meanwhile, there’s word that an oil executive has expressed an interest in the Sunoco refinery in Southwest Philadelphia.
Pennsylvania is expected to be the gas hot spot of the country in the coming months.
Nearly a third of the employees at the Sunoco Marcus Hook refinery had their last day on Friday. As Sunoco continues to move out of the plant, it could be only a matter of time for the remaining employees.
More than 100 workers at Sunoco’s Marcus Hook refinery have been told not to report to work after this week.
Sen. Bob Casey is calling for a legislative hearing to see how energy prices would be affected by the possible closure of three Philadelphia-area oil refineries.
Delaware County Emergency Service officials met with representatives from Sunoco and Conoco Phillips oil refineries on Thursday to discuss public safety concerns following the closure of the two facilities.
The CEO at Sunoco is stepping down at the end of the month after four years at the helm, overseeing changes that include a decision to get out of the oil refining business in favor becoming a retail operation.
Standing in front of the former Sunoco refinery in West Deptford, Assemblyman John Burzichelli is among those who want the company to pay for the loss of some 500 jobs.
Officials of Sunoco and ConocoPhillips told state lawmakers yesterday they are still working to find a buyer their idled Delaware County refineries, while local emergency response officials expressed concerns that they may be left holding the bag if no buyers are found.
With operations at two Delaware County oil refineries suspended, and a third in Southwest Philadelphia threatened in the New Year, thousands of local jobs hang in the balance.
“What we heard today was absolutely nothing,” said United Steelworkers VP Gary Beevers after a meeting in Marcus Hook.
Sunoco is idling a refinery in suburban Philadelphia, and the company says about 490 layoffs are expected.