Here is update on Sunoco Tulsa Refinery – they seem to have backed themselves into a corner… or in this case a terminal since No upgrade or coker ~ =no refinery.
Since they canceled the $375 MM upgrade that would also have made them compliant with environmental & product quality compliance, they are now forced to either sell or become a terminal.
The article mentions Valero has 2 Mid-Continent refineries that haven’t sold do to economic reasons – it is doubtful that currently configured sweet crude Tulsa refinery would be considered ahead of them. Looking at all Valero’s refineries for sale & current Western’s refinery sale wish list makes it an even darker horse/candidate.
Regards
