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This article is about the American oil company. For the unaffiliated Canadian oil company, see Suncor Energy. Suncor Energy Inc () is Canada 's original Oil sands developer having produced the first barrel of Crude oil from the Athabasca oil sands
Sunoco Inc
TypePublic (NYSE: SUN)
Founded1886 (Pittsburgh, Pennsylvania, USA)
HeadquartersPhiladelphia, Pennsylvania, USA
Key peopleJohn Drosdick, CEO & Chairman
IndustryOil & Gas operations
ProductsPetrochemical
RevenueImage:green up.png$44. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. The United States of America —commonly referred to as the Philadelphia (ˌfɪləˈdɛlfiə John G Drosdick is an American businessman Since May 2000 he has been President Chief Executive Officer and Chairman of the Board of Directors of Sunoco Inc For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Petroleum ( L petroleum, from Greek πετρέλαιον, lit Natural gas is a Gaseous Fossil fuel consisting primarily of Methane but including significant quantities of Ethane, Propane, In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need Petrochemicals are chemical products made from raw materials of Petroleum or other Hydrocarbon origin In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 1 billion USD (2007)
Net incomeImage:red down.png$891 million USD (2007)
Employees14,900
Websitewww.sunocoinc.com

Sunoco (NYSE: SUN) is an American petroleum and petrochemical manufacturer headquartered in Philadelphia, Pennsylvania, formerly known as Sun Company Inc. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. The United States of America —commonly referred to as the Petroleum ( L petroleum, from Greek πετρέλαιον, lit Petrochemicals are chemical products made from raw materials of Petroleum or other Hydrocarbon origin Philadelphia (ˌfɪləˈdɛlfiə

In Canada, Sunoco is operated by Suncor Energy, a separate Canadian entity. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Suncor Energy Inc () is Canada 's original Oil sands developer having produced the first barrel of Crude oil from the Athabasca oil sands Sunoco is a Fortune 100 Company. Please do not add the complete list of fortune 500 companies The list is copyrighted by Fortune which makes money by selling the content It is also the biggest company based in Philadelphia and the 2nd biggest in Pennsylvania behind AmerisourceBergen. AmerisourceBergen is a Chesterbrook PA based Drug Wholesale company that was formed by the merger of Bergen Brunswig and AmeriSource in 2001

Contents

History

The integrated oil company now known as Sunoco began as The Peoples Natural Gas Company in Pittsburgh, Pennsylvania. In 1886, its partners—Joseph Newton Pew, Philip Pisano (see The Pew Charitable Trusts) and Edward O. The Pew Charitable Trusts is an independent nonprofit and Nongovernmental organization, founded in 1948 Emerson—decided to expand their gas business with a stake in the new oil discoveries in Ohio and Pennsylvania. Ohio ( is a Midwestern state of the United States. As part of the Great Lakes region, Ohio has long been a cultural and geographical crossroads The Commonwealth of Pennsylvania ( often colloquially referred to as PA (its abbreviation by natives and Northeasterners is a state located in the Northeastern Four years later, the growing enterprise became the Sun Oil Company of Ohio. Sun Oil diversified quickly, active in production and distribution of oil as well as processing and marketing refined products. By 1901, the company was incorporated in New Jersey as Sun Company and turned its interest to the new Spindletop field in Texas. New Jersey ( is a state in the Mid-Atlantic and Northeastern regions of the United States. Spindletop is a Salt dome Oil field located in south Beaumont, Texas (approx Texas ( is a state geographically located in the South Central United States and is also known as the Lone Star State. Pew's sons, J. Howard Pew and Joseph N. Pew, Jr. would take over the company after their father's death. Joseph Newton Pew Jr ( November 12, 1886 - April 9, 1963) was an American industrialist and influential member of the Republican

With a growing portfolio of oil fields and refineries in hand, Sun opened its first service station in Ardmore, Pennsylvania in 1920. Ardmore is an Unincorporated community in the US state of Pennsylvania. The name changed back to Sun Oil Company in 1922 and, in 1925, Sun became a publicly traded company on the New York Stock Exchange. The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Following World War II, Sun expanded internationally. World War II, or the Second World War, (often abbreviated WWII) was a global military conflict which involved a majority of the world's nations, including Its first Canadian refinery was built in 1953 in Sarnia, Ontario, home to a burgeoning new petrochemical industry. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Sarnia is a City in Southwestern Ontario, Canada (city population 71419 census area population Sun established a facility at Venezuela's Lake Maracaibo in 1957, which produced over a billion barrels (160,000,000 m³) before the operation was nationalized in 1975. Venezuela (ˌvɛnəˈzweɪlə) officially the Bolivarian Republic of Venezuela (Spanish República Bolivariana de Venezuela) is a country on the Lake Maracaibo is a large Brackish Lake in Venezuela at. It is connected to the Gulf of Venezuela by Tablazo Strait (55km on the northern edge

Sun is perhaps best known to consumers for its "custom blending" pumps, an innovation that, in 1956, allowed customers of Sunoco service stations to choose from several octane grades through a single pump. The octane rating is a measure of the resistance of Gasoline and other Fuels to Detonation ( Engine knocking) in spark-ignition Sunoco stations offered as many as eight grades of "Custom Blended" gasolines from its "Dial A Grade" pumps ranging from subregular Sunoco 190 to Sunoco 260, the latter a super-premium grade of 102 octane that was advertised as the "highest octane pump gas" and very popular with the 400 horsepower (298 kW) musclecars of that era.

In 1967, Sun established its Great Canadian Oil Sands Limited facility in northern Alberta, Canada, to help unlock the estimated 300 billion barrels (48 km³) of recoverable oil in the Athabasca oil sands. Alberta (ælˈbɝtə is one of Canada's prairie provinces. It became a province on September 1 1905 Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page The Athabasca Oil Sands (also known as the Athabasca Tar Sands) are large deposits of Bitumen, or extremely Heavy crude oil, located in northeastern

In 1968, Sun Oil merged with Tulsa, Okla. -based Sunray DX Oil Company, which refined and marketed gasoline under the DX brand in several midwestern states, and included several refineries including one in Tulsa that is still operated by Sun to the present day. This move expanded Sun's marketing area into the mid-continent region.

Sun Oil continued marketing its petroleum products under both the Sunoco and DX brands through the 1970s and into the 1980s. In the late 1980s, Sun began rebranding DX stations in the Midwest to the Sunoco brand and even introduced the high-octane Sunoco ULTRA 94 gasoline to stations in that region, but by the early 1990s, they pulled out virtually all areas in the southeastern US and west of the Mississippi, resulting in the closing and rebranding of service stations and jobbers to other brands in those areas, notably Sinclair in Oklahoma. Sinclair Oil is an American Petroleum Corporation, founded by Harry F

With increased diversification, Sun Oil Company was renamed Sun Company in 1976. In 1980, Sun acquired the U. S. oil and gas properties of Texas Pacific Oil Company, Inc. , a subsidiary of The Seagram Company, Ltd. For the rapper Seagram, see Seagram Miller The Seagram Company Ltd , for US$2. 3 billion -- the second largest acquisition in U. S. history to that date.

Through the 1980s, Sun developed oil interests in the North Sea and offshore China and expanded its holdings in both oil and coal with additional U. The North Sea is a marginal, Epeiric sea of the Atlantic Ocean on the European Continental shelf. China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National S. business acquisitions. In 1983, consumers saw the arrival of Sunoco ULTRA 94, the market's highest octane unleaded gasoline. Then in 1988, Sun undertook a major restructuring to segregate its domestic oil and gas exploration and production business and the focus the company on its refining and marketing business. This led to the acquisition of Atlantic Refining and Marketing (which, in effect acquired that company's convenience store chain, A-Plus), including its Philadelphia refinery which was later merged with the former Gulf Oil refinery right next door that Sunoco acquired from Chevron. Atlantic Petroleum was an oil company in the Eastern United States headquartered in Philadelphia, and a direct descendant of the Standard Oil Trust. A convenience store is a small store or shop. They are often located alongside busy roads or at gas/petrol stations. A-Plus is an American Convenience store chain owned & operated by Sunoco, Inc Gulf Oil was a major global oil company from the 1900s to the 1980s

By the 1990s, Sun had departed the international exploration business and was fully dedicated to its branded products and services. Sun sold its remaining interest in Canada's Suncor Energy in 1995, but jointly operate two refineries in Toledo, Ohio, and Sarnia, Ontario, in joint ventures. This article is about the city in Ohio, USA. For Toledo Spain, see that article Sarnia is a City in Southwestern Ontario, Canada (city population 71419 census area population [1] The "Sunoco" became central to the company in 1998 when Sun Company, Inc. became Sunoco, Inc.

In 2003, the Speedway SuperAmerica chain of gas stations and convenience stores exited the southeast United States and sold most of their operations to Sunoco. Speedway SuperAmerica LLC is a Brand name of a chain of combination Gas stations and Convenience stores in the Midwest. The United States of America —commonly referred to as the Shortly prior to this, Sunoco acquired many service stations from Coastal Petroleum, especially its stations in Florida. This has led to the reintroduction of the Sunoco brand to areas it pulled out of several years earlier.

In 2004, Sunoco replaced ConocoPhillips' 76 brand as the official fuel of NASCAR. ConocoPhillips Company ( is an international energy corporation with its headquarters located in Houston Texas. The National Association for Stock Car Auto Racing ( NASCAR) is the largest sanctioning body of Stock cars in the United States.

After ConocoPhillips abandoned the marketing of the Mobil brand name in the Washington, DC, area, Sunoco purchased these rights, and has since been converting Maryland and Virginia Mobil stations to the Sunoco brand, bringing the A-Plus convenience store with them (these stations before had convenience stores under the Circle K or On the Run brands). Mobil Gas Station by David Shankbonejpg|thumb|Mobil gas station East Village section of New York City]] Mobil was a major American oil company Washington DC ( formally the District of Columbia and commonly referred to as Washington, the District, or simply D Circle K is a international chain of Convenience stores originally founded in 1951 in El Paso Texas. On the Run is the flagship Convenience store Brand used by ExxonMobil at Exxon and Mobil stations in the United States, Most of the conversions done so far have been in Virginia.


Environmental record

Among oil corporations, Sunoco and BP are listed as the most environmentally responsible in the latest version of the Sierra Club's Updated Environmentalist's Guide to Gasoline[1]. BP plc, previously known as British Petroleum, is the third largest global Energy company, a multinational oil company (" Oil major Mission statement To explore enjoy and protect the wild places of the earth To practice and promote the responsible use of the earth's ecosystems and resources To educate and Sunoco is also the only oil company to sign the Coalition for Environmentally Responsible Economies (CERES) principal and as part of this agreement, Sunoco has made all of its environmental activities -- both successes and failures -- publicly available.

Researchers at the University of Massachusetts Amherst have identified Sunoco as the 55th-largest corporate producer of air pollution in the United States, with roughly 1. The University of Massachusetts Amherst (otherwise known as UMass Amherst, Massachusetts, or UMass) is a research and Land-grant university in Air pollution is the human introduction into the atmosphere of Chemicals Particulate matter, or Biological materials that cause harm or discomfort 7 million pounds of toxic chemicals released annually into the air. [2] Major pollutants indicated by the study include nickel compounds, naphthalene, aniline, and benzene. Nickel (ˈnɪkəl is a metallic Chemical element with the symbol Ni and Atomic number 28 Naphthalene, also known as naphthalin, naphthaline, tar camphor, white tar, albocarbon, or antimite and not to be Aniline, phenylamine or aminobenzene is an Organic compound with the formula C6H7N Benzene, or benzol, is an organic Chemical compound and a known Carcinogen with the molecular formula C 6 H 6 [3]


References

  1. ^ Pick Your Poison: An Updated Environmentalist's Guide to Gasoline - January/February 2007 - Sierra Magazine - Sierra Club
  2. ^ Political Economy Research Institute Toxic 100 (Study released May 11, 2006) retrieved 17 Aug 2007
  3. ^ Toxics Release Inventory courtesy rtknet.org

External links

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