SUNOCO

Sunoco Expands in New Jersey

Sunoco Inc. has reached an agreement with the New Jersey Turnpike Authority and Getty Petroleum Marketing Inc. to begin operating the nine fuel stations at service plazas along the Garden State Parkway, one of the most heavily traveled roads in the nation. The new six-year agreement begins January 2011 and runs through December 2016. Sunoco

SUNOCO

Sunoco Acquires 25 Locations in New York

Sunoco Inc. has reached a definitive agreement to acquire 25 retail locations from Lehigh Gas Corp., a Bethlehem, Penn.-based distributor of petroleum products. While the terms of the purchase were not disclosed, the retail assets are located in the Buffalo, Syracuse, Albany, and Rochester markets of central and northern New York. “The acquisition of these

Winner Announced in Sunoco’s “Free Fuel 5000”

Mary Young has won Sunoco’s 2010 “Free Fuel 5000″ promotion, which means she’ll be supplied with 5,000 gallons of high-quality Sunoco gasoline-enough fuel to keep her driving for eight years. As the official fuel of NASCAR, Sunoco’s “Free Fuel 5000″ promotion offered millions of Sunoco customers a decal identical to the ones on every racecar

Sunoco to Sell Toledo Refinery

Sunoco Inc. has reached a definitive agreement to sell its 170,000 barrel-per-day refinery in Toledo, Ohio to Toledo Refining Company LLC, a wholly owned subsidiary of PBF Holding Company LLC. Sunoco plans to sell the refinery for approximately $400 million (consisting of $200 million in cash and a $200 million two-year note). In addition, the

Sunoco To Supply NASCAR With E-15 Fuel

Sunoco Inc. is supplying the National Association for Stock Car Auto Racing (NASCAR) with a new high-performance fuel for the 2011 season. The new fuel-known as Sunoco Green E15—is a 15% ethanol blend that will be used in NASCAR’s three national touring series. “Since 2004, Sunoco has produced and delivered to NASCAR the world’s best

Sunoco Shifts Focus To C-Stores

Lynn Elsenhans, Sunoco’s CEO, told analysts she hopes to expand the company’s profitable retail business by ramping up its convenience-store offerings, Philadelphia Inquirer reported. “An area of opportunity for us to unlock even more value out of our real estate is by changing our mind-set from a fuels retailer that also sells some convenience items,

Ehrlich Steps Down at Certified Oil

By John Lofstock, Editor When Greg Ehrlich joined Certified Oil Co. in 2006, the company set myriad of goals aimed at upgrading the brand’s retail image, redesigning the convenience stores and developing a comprehensive loyalty program. With the projects complete, Ehrlich will step away from the day-to-day operations of Columbus, Ohio-based oil company and assume

Henderson Joins Sunoco

Sunoco Inc. has announced that Frederick “Fritz” Henderson has joined the company as a senior vice president to help prepare for the previously announced separation of SunCoke Energy from Sunoco. Henderson, 52, former president and CEO of General Motors, now is set to be chairman and CEO of SunCoke Energy upon completion of the separation.

Sunoco Reports Q2 Results

Sunoco Inc. reported its 2010 second quarter results today, including a net income attributable to Sunoco shareholders of $145 million ($1.20 per share diluted) compared to a net loss attributable to Sunoco shareholders of $55 million ($.47 per share diluted) for the second quarter of 2009. “While market conditions during the second quarter remained challenging,

Embracing Automated Cash Control

More convenience store operators are phasing out their drop safes and replacing them with sophisticated cash management systems that perform a variety of functions more easily and quickly than ever before. One of those is the linking of computer networks for easier access to information throughout the organization. In doing so, cash shrinkage due to

Ronald Samuel Wins Sunoco’s “Free Fuel 5000”

Sunoco has awarded 5,000 gallons of gasoline to the winner of its 2009 Free Fuel 5000 promotion, Ronald Samuel. As the official fuel of NASCAR, Sunoco’s “Free Fuel 5000″ promotion offered millions of Sunoco customers a decal identical to the ones on every racecar in NASCAR’s three top series. By getting spotted with a decal

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