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Quick Takes Sunoco exiting oil refining business Sunoco Inc., Philadelphia ..... refineries and plans to leave the oil refining business to complete what it calls ..... which is withdrawing from the refining business , agreed in July to sell its
refinery, considered pivotal to East Coast product supply, from closing in July. Sunoco, which is exiting the refining business , said it has entered exclusive discussions with the Carlyle Group about a joint venture that would keep the refinery
By OGJ editors HOUSTON, July 26 -- As part of a strategy announced last year to exit the refining business , Murphy Oil Corp. has entered an agreement to sell its 33,250-b/cd refinery at Superior, Wisc., to Calumet Specialty
to sell its plants at Marcus Hook (which it idled on Dec. 1) and Philadelphia, with the intent of leaving the refining business in 2012. ConocoPhillips Co. announced later that month that it planned to shut down its Trainer refinery prior
interest in Ruhr Oel of Germany at $6,868/b/d, and PetroChina's offer of a 50% stake in the European refining business of INEOS at $4,833/b/d. "Russian oil and gas companies remain interested in downstream integration in the
PROCESSING — Quick Takes Murphy agrees to sell Wisconsin refinery As part of a strategy announced last year to exit the refining business , Murphy Oil Corp. has entered an agreement to sell its 33,250-b/cd refinery at Superior, Wisc., to Calumet
joint ventures use natural gas liquids and refined products as feeds, which are natural extensions of its NGLs and refining business . Aramco's current and planned JVs include those with Sumitomo Chemical Co. (PetroRabigh) and Dow Chemical Co
it warned of trouble if Sunoco closes its 335,000-b/d refinery in Philadelphia. The company is exiting the refining business and wants to sell the Philadelphia facility, its last. If unsuccessful by July, it will quit running crude. Market
acquire Sunoco Inc. in a unit and cash transaction valued at $5.3 billion. Sunoco has been withdrawing from the refining business and now operates mainly as a logistics and retail business, owning the general partner interest of Sunoco Logistics
La., and related properties to Valero Energy Corp. for $625 million. Murphy, which is withdrawing from the refining business , agreed in July to sell its 33,250 b/d refinery in Superior, Wisc., to Calumet Specialty Products Partners