CollectionsRefinery
IN THE NEWS

Refinery

NEWS
December 24, 2014 | BY JOHN F. MORRISON, Daily News Staff Writer morrisj@phillynews.com, 215-854-5573
WHEN TRACEY Schrufer saw her father in the Crozer-Chester Burn Center, he looked like a mummy, wrapped in white bandages. Tracey was 7, and she didn't realize it then, but there was no reason why her father, George L. Schrufer, was still alive. He had suffered burns on 78 percent of his body in the horrendous 12-alarm Gulf refinery fire in August 1975, a blaze in which eight firefighters died and 14 others, including George Schrufer, were injured. Not only did George suffer burns, but his lungs were damaged by the smoke and oil vapors he had inhaled as he struggled through burning thigh-deep oil and foam to try to help his fellow firefighters.
NEWS
December 21, 2014 | By Kristen A. Graham, Inquirer Staff Writer
George L. Schrufer, 72, a firefighter who survived one of the worst blazes in Philadelphia history, died Thursday, Dec. 18, at his home in Bridesburg. He had suffered numerous health issues since being injured in the massive Gulf Oil refinery fire in 1975. Mr. Schrufer had been a firefighter for nine years when vapor from a Gulf Oil tanker ignited at the South Philadelphia refinery on Aug. 17, 1975. Eight firefighters were killed in the blaze, and Mr. Schrufer was disabled. An officer at the scene of the blaze told Mr. Schrufer's daughter Charlene Schrufer Rothe that when the tank blew, "everybody was running from the building, but my dad ran into the building to save the people from his engine.
BUSINESS
December 13, 2014 | By Linda Loyd, Inquirer Staff Writer
Airline stocks soared Thursday after Delta Air Lines said the sharp drop in oil prices would translate into a $1.7 billion savings in fuel costs next year. Delta said at an investor conference in New York that its Trainer refinery in Delaware County would produce a $75 million profit in the current quarter, helping to offset losses on the airline's fuel-hedge contracts. Delta buys some of its fuel in advance, to hedge against higher costs. But when fuel prices dramatically decline, the airline is locked in and takes a hedge loss.
BUSINESS
November 2, 2014 | By Andrew Maykuth, Inquirer Staff Writer
The Philadelphia refinery executive who is leading an effort to promote the region as an energy hub called on city officials Friday to "reclaim" a collapsed $1.86 billion sale of the municipal gas utility. Philip Rinaldi, chief executive of Philadelphia Energy Solutions, urged Mayor Nutter and Council President Darrell L. Clarke to restart the sale process after Clarke's surprise announcement Monday that Council would not endorse Nutter's proposed sale of the Philadelphia Gas Works to UIL Holdings Corp.
BUSINESS
October 18, 2014 | By Linda Loyd, Inquirer Staff Writer
Delta Air Lines said Thursday that its Trainer oil refinery in Delaware County produced a $19 million profit in the third quarter, and is expected to have a $20 million profit in the current fourth quarter. Delta, the first U.S. airline to report earnings, had Thanksgiving revenues up by 8 percent, and Christmas and New Year's bookings "look solid," company president Edward Bastian reported on a conference call. Management said it has seen no change in booking trends due to the Ebola outbreak in West Africa.
BUSINESS
September 2, 2014 | By Jane M. Von Bergen, Inquirer Staff Writer
Maybe, on Labor Day, at the head of the annual Labor Day parade of union members - the T-shirted battalions of union teachers, truck drivers, trash crews, postal workers, hospital dieticians, building engineers, stagehands, and riggers - Patrick J. Eiding will be able to forget, for a moment, the relentless union bashing he often encounters. To Eiding, 73, president of the Philadelphia Council of the AFL-CIO, a federation of about 100 Philadelphia-area union locals, it seems so frustratingly backwards.
BUSINESS
July 25, 2014 | By Linda Loyd, Inquirer Staff Writer
Delta Air Lines said Wednesday that its Trainer oil refinery in Delaware County produced a $13 million profit in the second quarter. Delta, the first U.S. airline to report earnings, posted a second-quarter profit of $889 million, or $1.04 a share, that beat analysts' estimates, driven by strong passenger demand and higher revenue from corporate contracts. Revenue rose 9.4 percent to $10.6 billion. "We will post even better results in the third quarter, with a forecast operating margin of 15 percent to 17 percent," Delta chief executive officer Richard Anderson said on a conference call.
BUSINESS
July 22, 2014 | By Linda Loyd, Inquirer Staff Writer
Delta Air Lines' subsidiary Monroe Energy L.L.C. has signed a five-year agreement with a Texas-based company, Bridger L.L.C., to receive 65,000 barrels of domestic crude a day at its oil refinery in Trainer, Delaware County. The contract will supply about one-third of the crude refined daily at the former ConocoPhillips refinery, which Delta bought in 2012. The Trainer refinery supplies Delta's Northeast operations with jet fuel, the largest and most volatile expense for airlines.
BUSINESS
June 20, 2014 | By Andrew Maykuth, Inquirer Staff Writer
Gov. Corbett's labor secretary, Julie K. Hearthway, on Wednesday presented Philadelphia Energy Solutions with a special commendation for amassing 3 million consecutive hours without an injury. And PES employees were rewarded with a surprise bonus. The company, which acquired the South Philadelphia refinery in 2012 in a joint venture with Sunoco Inc., went almost a year without an injury, a significant accomplishment for a heavy industry that processes 13.9 million gallons of fuel a day. At a barbecue lunch for staff on Wednesday, the company announced that all 1,141 PES employees would receive a $500 bonus this week in recognition of the safety record.
NEWS
May 15, 2014 | By Andrew Maykuth, Inquirer Staff Writer
At the Delaware River wharf where Appalachian coal trains once unloaded their cargo, 108 rail tankers lined up Tuesday to deliver a new distant energy source - crude oil from North Dakota. The Eddystone Rail Facility, built on leased land surrounding an aging Exelon Corp. power plant, is the latest oil-by-rail facility to open in the area, adding capacity to handle the cheap domestic crude oil that has become the salvation of the region's financially embattled refineries - but has also raised safety concerns about unprecedented rail movements of oil. "If we didn't do what we did, the refineries are gone," said Jack Galloway, who created Eddystone Rail Co. and enlisted Enbridge Inc., one of North America's largest energy distributors, as the operating partner in the project.
« Prev | 1 | 2 | 3 | 4 | 5 | Next »
|
|
|
|
|