Editing Sunoco (section)

===2000s===
In 2003, [[Speedway LLC]], then a subsidiary of [[Marathon Petroleum]], sold 193 convenience stores to Sunoco.<ref>{{cite news |url=https://www.bizjournals.com/louisville/stories/2003/02/03/daily45.html |title=Sunoco buying 193 stations from Marathon Ashland unit |work=[[American City Business Journals]] |date=February 7, 2003}}</ref> It also acquired service stations from Coastal Petroleum.<ref>{{cite press release |url=https://www.ftc.gov/news-events/press-releases/2003/12/ftc-closes-investigation-sunocos-proposed-acquisition-coastal |title=FTC Closes Investigation of Sunoco's Proposed Acquisition of Coastal Eagle Point Oil Company |work=[[Federal Trade Commission]] |date=December 29, 2003}}</ref>

[[File:Sunoco Fuel Tanker Truck Auto Club 2022.jpg|thumb|right|Sunoco UltraTech race fuel tanker truck at [[Auto Club Speedway]]]]
In 2004, Sunoco replaced the [[ConocoPhillips]]' [[76 (Phillips 66)|76]] brand as the ''Official Fuel of [[NASCAR]]''.<ref>{{cite news |url=https://www.bizjournals.com/philadelphia/stories/2004/05/10/focus3.html |title=Sunoco and NASCAR forge winning team |first=Mike |last=Mathis |work=[[American City Business Journals]] |date=May 10, 2004}}</ref>

After ConocoPhillips abandoned the marketing of the [[Mobil]] brand name in the [[Washington, D.C.]] area, Sunoco purchased these rights, converted Maryland and Virginia Mobil stations to the Sunoco brand, bringing the A{{En dash}}Plus convenience store with them {{En dash}} prior to this, these stations had convenience stores under the [[Circle K]] or [[On the Run (convenience store)|On the Run]] brands.

In September 2009, Sunoco sold its retail [[heating oil]] and [[propane]] distribution business to Superior Plus for $82.5 million in cash.<ref>{{cite press release |url=http://www.marketwired.com/press-release/superior-plus-completes-us86-million-acquisition-of-sunoco-retail-heat-tsx-spb-1269316.htm |title=Superior Plus Completes US$86 Million Acquisition of Sunoco Retail Heat |publisher=[[Marketwired]] |date=September 30, 2009}}</ref><ref>{{cite news |url=https://www.reuters.com/article/superiorplus/update-1-superior-to-buy-sunocos-fuel-distribution-biz-idUSBNG10144020090902 |title=Superior to buy Sunoco's fuel distribution biz |first=Koustav |last=Samanta |publisher=Reuters |date=September 2, 2009}}</ref>

In Canada, the Sunoco brand was licensed for the [[Ontario]] retail fuel station operations of [[Suncor Energy]] until 2010. Following Suncor's acquisition of [[Petro-Canada]], all Canadian Sunoco outlets were converted to Petro{{En dash}}Canada branding,<ref>{{cite web |url=http://www.sunoco.ca/ |title=Sunoco.ca}}</ref> except for one location in [[Port Colborne, Ontario]], which closed in 2023.

In December 2010, Sunoco sold its refinery in [[Toledo, Ohio]], to [[PBF Energy|PBF Energy, Inc.]] for $400 million. Effective September 6, 2011, Sunoco announced that it would exit the crude oil refining business and seek to sell its [[Philadelphia]] and [[Marcus Hook, Pennsylvania]] refineries by mid-2012. The company stated that its cost for exiting the refining business could be as high as $2.7 billion. According to one report, it had lost some $800 million on refining operations since 2009; an earlier report provided a figure of $772 million.

On December 1, 2011, Sunoco announced it would accelerate closure of the Marcus Hook facility.<ref>{{cite news |url=http://www.philly.com/philly/hp/news_update/20111202_Sunoco_abruptly_shuts_Marcus_Hook_refinery.html  | title=Sunoco abruptly shuts Marcus Hook refinery | first=Andrew | last=Maykuth | work=[[Philadelphia Media Network]] | date=December 2, 2011}}</ref> The Marcus Hook facility, founded in 1902 and covering 781 acres, was dedicated exclusively to the processing of [[Sweet crude oil|light sweet crude oil]]; this processing focus combined with volatility in crude oil prices are considered contributing factors to both this refinery's closure and Sunoco's exit from the refinery business.<ref>{{cite news | url=https://www.bizjournals.com/philadelphia/blog/peter-key/2012/01/how-the-oil-refining-industry-is-like.html | title=Venture that saved a Philadelphia refinery launched | first=Peter | last=Key | work=[[American City Business Journals]] | date=January 20, 2012}}</ref>

In 2012, Sunoco demolished its Eagle Point refinery complex in [[West Deptford Township, New Jersey]], which had been idle since 2010.<ref>{{cite news |url=https://patch.com/new-jersey/westdeptford/sunoco-demolishing-eagle-point-refinery |title=Sunoco Demolishing Eagle Point Refinery |first=Bryan |last=Littel |publisher=[[Patch Media]] |date=February 16, 2012}}</ref>

In September 2012, Sunoco formed a [[joint venture]] with [[The Carlyle Group]], allowing for the continuation of operations at the Philadelphia refinery, and temporarily saving over 800 jobs.<ref>{{cite press release | url=https://www.carlyle.com/media-room/news-release-archive/carlyle-group-and-sunoco-agree-form-philadelphia-refinery-joint | title=The Carlyle Group and Sunoco Agree to Form Philadelphia Refinery Joint Venture | publisher=[[The Carlyle Group]] | date=July 1, 2012}}</ref><ref>{{cite news | url=https://www.bizjournals.com/philadelphia/news/2012/09/19/venture-that-saved-a-philadelphia.html | title=Venture that saved a Philadelphia refinery launched | first=Peter | last=Key | work=[[American City Business Journals]] | date=September 19, 2012}}</ref> However, on January 22, 2018, the joint venture, named Philadelphia Energy Solutions, filed for [[bankruptcy]].<ref>{{cite news | url=https://www.bloomberg.com/news/articles/2018-01-22/biggest-u-s-east-coast-oil-refiner-seeks-bankruptcy-protection | title=Biggest U.S. East Coast Oil Refinery Files for Bankruptcy | first1=Barbara J. | last1=Powell | first2=Dan | last2=Murtaugh | work=[[Bloomberg L.P.]] | date=January 22, 2018}}</ref>

Sunoco acquired [[NuStar Energy]] in January 2024 for $7.3 billion.<ref>{{Cite web |date=2024-01-22 |title=Sunoco to buy NuStar Energy in $7.3 bln deal as it expands midstream business |url=https://www.reuters.com/markets/deals/sunoco-buy-nustar-energy-all-stock-deal-73-billion-2024-01-22/ |access-date=2025-05-13 |website=Reuters}}</ref> The deal gave Sunoco access to 63 terminal and storage facilities as well as 9,500 miles of pipeline.<ref>{{Cite web |last=Hamilton |first=Tracy Idell |date=2024-01-22 |title=NuStar Energy to be acquired by Sunoco in $7.3B deal |url=https://sanantonioreport.org/nustar-energy-sunoco-acquisition-buyout/ |access-date=2025-05-13 |website=San Antonio Report |language=en-US}}</ref>