Sunoco Plans to Start 50-Day Turnaround in late January at Burnaby Refinery in British Columbia -- OPIS

Dow Jones
01/07
 

Sunoco on Tuesday said it will begin a 50-day turnaround in late January at its 55,000-b/d refinery in Burnaby, British Columbia.

The company in a 2026 guidance statement didn't identify which units will be involved in the turnaround.

The refinery is operated by Canada-based Parkland, which Sunoco acquired in November.

Burnaby is one of two refineries on Canada's West Coast. The planned turnaround comes after the facility limited operations in December for maintenance work.

After acquiring Parkland in a $9.1 billion deal last year, Sunoco said refined products from the Burnaby refinery could be used to ease any refined product shortfalls in California in the wake of the late 2025 shutdown of Phillips 66's 139,000 b/d Los Angeles refinery and the planned closure of Valero Energy's 145,000 b/d Benicia refinery in April.

Sunoco on Tuesday also said it expects 2026 Ebitda will range from $3.1 billion to $3.3 billion, based in part on expected $125 million in synergies from the Parkland purchase.

The company also said it expects maintenance-related capital expenditures of $400 million to $450 million this year and growth capital expenditures of at least $600 million.

Sunoco added that it expects to complete its purchase of Germany-based petroleum storage company TanQuid in the first quarter. The 500-million-euro acquisition was announced in May.

 

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.

 

Reporting by Steven Cronin, scronin@opisnet.com; Editing by Jeffrey Barber, jbarber@opisnet.com

 

(END) Dow Jones Newswires

January 06, 2026 11:34 ET (16:34 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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