PHILADELPHIA – The oldest and largest refinery on the East Coast will stay open thanks to a deal between Sunoco and the global asset manager The Carlyle Group, with the groups announcing Monday that ...

PHILADELPHIA (CBS)-- It will have a different name, but that doesn't matter to the 850 people whose jobs have been saved at Sunoco's South Philadelphia refinery. The company announced a deal Monday to ...

PHILADELPHIA (CBS) -- A Texas-based energy company has offered to buy Sunoco for $5.3 billion but says it will keep a strong Philadelphia presence. In a joint statement, Sunoco and Energy Transfer LP ...

After emerging as an exclusive bidder in April for the southwest Philadelphia refinery, The Carlyle Group has reached an agreement to purchase the site from Sunoco Inc., according to sources. The ...

PHILADELPHIA, Pa. -- Sunoco Inc. has teamed up with The Carlyle Group to save the biggest and oldest continuously operating refinery on the U.S. East Coast. The oil giant and the asset manager have ...

In 2004, the city of Philadelphia and the state of Pennsylvania pledged $53.5 million in special loans and grants to retain and grow six large companies in Philadelphia. In 2004, the city of ...

Texas-based Energy Transfer will buy Sunoco for $5.3 billion. The sale comes as Sunoco completes its tumultuous transition away from refining oil to focus on distributing energy. A recent Sunoco ...

On April 30 pipeline operator Energy Transfer Partners announced a $5.3 billion deal to buy Philadelphia-based Sunoco Inc. Clink on the following links for in-depth Philadelphia Business Journal ...

Natural gas pipeline company Energy Transfer Partners is buying Philadelphia-based Sunoco in a deal valued at about $5.3 billion. The acquisition would give Energy Transfer the capability to transport ...