Sunoco

(Newser) - Sunoco is selling most of its convenience stores, with their accompanying gas pumps, to Seven & i Holdings, the parent company of 7-Eleven, in a deal valued at $3.3 billion as it looks to focus more on its fuel supply business, per the New York Times . About 1,110...

(Newser) - Add one more victim to the soaring price of petroleum—refineries. Yes, despite gas prices rising another 6% in February, refineries in the US Northeast are shutting down because they're losing money, reports Wall Street Journal . And with Philadelphia-based Sunoco set to close the largest refinery in the region...