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Sunoco
Sunoco LP is an American master limited partnership organized under Delaware state laws and headquartered in Dallas, Texas, that is a wholesale distributor of motor fuels. It distributes fuel to more than 5,500 Sunoco-branded gas stations, almost all of which are owned and operated by third parties. The partnership is controlled by Energy Transfer Partners. The partnership was known as Sun Company Inc. from 1886 to 1920 and 1976 to 1998, and as Sun Oil Co. from 1920 to 1976. (Sunoco is a condensation of SUN Oil COmpany.) It used to be engaged in oil refinery, the chemical industry, and retail sales, but divested these businesses. Sunoco today claims to be the largest distributor of fuels in the United States, distributing fuels to 10,000 locations across 33 US States. History 1800s to 1950s: founding and growth The partnership began as The Peoples Natural Gas Company in Pittsburgh, Pennsylvania. In 1886, its partners – Joseph Newton Pew, Philip Pisano, and Edward O. Eme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Transfer Partners
Energy Transfer LP is an American company engaged in natural gas and propane pipeline transport. It is organized under Delaware state laws and headquartered in Dallas, Texas. It was founded in 1995 by Ray Davis and Kelcy Warren, who remains Chairman and CEO. It owns a 36.4% interest in Dakota Access, LLC, the company responsible for developing the Dakota Access Pipeline. Corporate structure Energy Transfer owns controlling interests in Sunoco LP, 100% of Sunoco Logistics Partners Operations L.P., the general partner of USA Compression Partners L.P., 100% of Lake Charles LNG, which owns an LNG import terminal and regasification facility near Lake Charles, Louisiana, of natural gas transportation pipelines with approximately per day of transportation capacity and 3 natural gas storage facilities in Texas and of interstate natural gas pipelines with approximately per day of transportation capacity, 36.4% of the Dakota Access Pipeline and the Energy Transfer Crude Oil Pipeline, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Newton Pew
Joseph Newton Pew (July 20, 1848 – October 12, 1912) was the founder of Sun Oil Company (now Sunoco) and a prominent philanthropist. Early life Joseph N. Pew was born in Mercer County, Pennsylvania, to John Pew and Nancy Glenn. He worked on the family's farm as a child. Pew attended public schools in Mercer and graduated from Edinboro Normal School (1866). Pew taught school for two years and then became a real estate broker. Beginning in 1904, Pew lived in Bryn Mawr, Pennsylvania, at his estate named Glenmede, which was designed by architect Will Price. Oil industry Pew invested in Pennsylvania oil fields. With several partners, he began piping natural gas. Pew founded several petroleum-related companies and, in 1880, incorporated Sun Oil Company. Pew donated to various charities and sat on the board of directors of Grove City College in Grove City, Pennsylvania. He was a member of the Presbyterian Church and the Republican Party. Pew's sons, J. Howard Pew and Jos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marcus Hook, Pennsylvania
Marcus Hook is a borough in Delaware County, Pennsylvania. The population was 2,397 at the 2010 census. The current mayor is Gene Taylor. The borough calls itself "The Cornerstone of Pennsylvania". The 2005 film ''One Last Thing''... was set and partially filmed in Marcus Hook. History The earliest inhabitants of Marcus Hook were the Lenape Indians and their indigenous ancestors, whose succeeding cultures had occupied this area for thousands of years. The Lenape had a major settlement in Marcus Hook; New Sweden colonists established a trading post here in the 1640s. The village was called ''Chammassungh'', or "Finland" by the Swedes. It was located on the west side of the Delaware River, between Marcus Hook Creek and Naamans Creek. Dutch colonists renamed the settlement as ''"Marrites Hoeck"'' after they conquered the area in 1655. The name is derived from the word Hook, meaning promontory, or point of land projecting into the water and Marcus, a corruption of the name of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Petroleum Industry
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is usually divided into three major components: upstream, midstream, and downstream. Upstream regards exploration and extraction of crude oil, midstream encompasses transportation and storage of crude, and downstream concerns refining crude oil into various end products. Petroleum is vital to many industries, and is necessary for the maintenance of industrial civilization in its current configuration, making it a critical concern for many nations. Oil accounts for a large percentage of the wor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sonoco
Founded in 1899, Sonoco Products Company () is a United States-based international provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. With annualized net sales of approximately $4.9 billion, Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. The company is headquartered in Hartsville, South Carolina, and is South Carolina's largest corporation in terms of sales. Sonoco is a member of the New York Stock Exchange Century Index and the S&P 400. Operations Sonoco is the world's largest producer of tubes, cores, and fiber concrete columns under the brand name Sonotube concrete forms and a leading manufacturer of blow-molded plastic containers, consumer and industrial thermoformed plastic packaging, engineered molded and extruded plastic products, rigid paperboard containers, and convenience ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ardmore, Pennsylvania
Ardmore is an unincorporated community and census-designated place (CDP) spanning the border between Delaware and Montgomery counties in the U.S. state of Pennsylvania. The population was 12,455 at the 2010 census and had risen to 13,566 in the 2020 census. Ardmore is a suburb on the west side of Philadelphia within Lower Merion Township in Montgomery County and Haverford Township in Delaware County. Originally named "Athensville" in 1853, the community and its railroad station were renamed Ardmore in 1873 by the Pennsylvania Railroad, on whose Main Line, west out of Philadelphia, Ardmore sits at Milepost 8.5. The Autocar Company moved its headquarters to Ardmore in 1899 and constructed a factory on the edge of the downtown area. The factory closed in 1954; during demolition in 1956, a major fire broke out that threatened the downtown area before it was extinguished. Today, Ardmore consistently ranks among the most desirable suburbs of Philadelphia. Geography According to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph N
Joseph is a common male given name, derived from the Hebrew Yosef (יוֹסֵף). "Joseph" is used, along with "Josef", mostly in English, French and partially German languages. This spelling is also found as a variant in the languages of the modern-day Nordic countries. In Portuguese and Spanish, the name is "José". In Arabic, including in the Quran, the name is spelled '' Yūsuf''. In Persian, the name is "Yousef". The name has enjoyed significant popularity in its many forms in numerous countries, and ''Joseph'' was one of the two names, along with ''Robert'', to have remained in the top 10 boys' names list in the US from 1925 to 1972. It is especially common in contemporary Israel, as either "Yossi" or "Yossef", and in Italy, where the name "Giuseppe" was the most common male name in the 20th century. In the first century CE, Joseph was the second most popular male name for Palestine Jews. In the Book of Genesis Joseph is Jacob's eleventh son and Rachel's first son, and k ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American State
In the United States, a state is a constituent political entity, of which there are 50. Bound together in a political union, each state holds governmental jurisdiction over a separate and defined geographic territory where it shares its sovereignty with the federal government. Due to this shared sovereignty, Americans are citizens both of the federal republic and of the state in which they reside. State citizenship and residency are flexible, and no government approval is required to move between states, except for persons restricted by certain types of court orders (such as paroled convicts and children of divorced spouses who share child custody). State governments in the U.S. are allocated power by the people (of each respective state) through their individual state constitutions. All are grounded in republican principles (this being required by the federal constitution), and each provides for a government, consisting of three branches, each with separate and indepen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Auction
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically. Auctions are applied for trade in diverse contexts. These contexts include antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, real estate, online advertising, vacation packages, emission trading, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spindletop
Spindletop is an oil field located in the southern portion of Beaumont, Texas, in the United States. The Spindletop dome was derived from the Louann Salt evaporite layer of the Jurassic geologic period. On January 10, 1901, a well at Spindletop struck oil ("came in"). The Spindletop gusher blew for 9 days at a rate estimated at of oil per day., Texas State Historical Association Gulf Oil and Texaco, now part of Chevron Corporation, were formed to develop production at Spindletop. The Spindletop discovery led the United States into the oil age. Prior to Spindletop, oil was primarily used for lighting and as a lubricant. Because of the quantity of oil discovered, burning petroleum as a fuel for mass consumption suddenly became economically feasible. The frenzy of oil exploration and the economic development it generated in the state became known as the Texas oil boom. The United States soon became the world's leading oil producer. __TOC__ History Pattillo Higgins sought a so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
