What does SUNOCO mean in Business?
This page is about the meanings of the acronym/abbreviation/shorthand SUNOCO in the field in general and in the Business terminology in particular.
Sun Oil Company
Submitted by WerterBuch on November 7, 2014
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Definition
What does SUNOCO mean?
- 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. Sunoco has also been the sole fuel supplier for NASCAR since 2004.
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"SUNOCO." Abbreviations.com. STANDS4 LLC, 2024. Web. 4 Jun 2024. <https://www.abbreviations.com/term/1590695>.
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