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Marketplace

Marketplace focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. It is noted for its accessible coverage of business, economics and personal finance.

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Energy

A fire burns at the Philadelphia Energy Solutions refinery hours after a series of early morning explosions on June 21, 2019. (Emma Lee/WHYY)
Science

Most of a dangerous toxic chemical at the PES refinery is now neutralized — but risk remains

A small amount of hydrofluoric acid is left to be dealt with in a 'complicated operation.'

7 years ago

Crews work at the site of a sinkhole along the Mariner East pipeline route near the Pennsylvania State Police barracks on Route 1 in Delaware County on Thursday, April 25, 2019. (Kimberly Paynter/WHYY)
Courts & Law
StateImpact Pennsylvania

Criminal defense counsel represents DEP in Mariner East probe

The agency says it's routine to have outside counsel, but several environmental lawyers say they haven't seen it before.

7 years ago

File photo: In the distance, construction of the Mariner East 2 pipeline at Raystown Lake Recreation Area in Huntingdon County, Pennsylvania. (StateImpact Pennsylvania/Lindsay Lazarski)
Courts & Law
StateImpact Pennsylvania

DEP fines Sunoco/Energy Transfer $313K for Mariner East construction violations

This latest assessment brings the total financial penalties assessed to the company for Mariner East construction to more than $13 million.

7 years ago

Oyster Creek Generating Station in Forked River. (Exelon Corporation, file)
Community

Residents skeptical of plans to dismantle Oyster Creek nuclear plant

Residents mistrust Holtec’s assertion it can decommission the Oyster Creek site in 8 years, as opposed to the 60 years proposed by the previous owner.

7 years ago

Signs are held up as a standing room only crowd listens to testimony given by environmental experts, community activists and residents during a community meeting regarding the future of the site of Philadelphia Energy Solutions in August 2019. (Bastiaan Slabbers for WHYY)
Community

New uses, even non-use, will complicate ongoing PES refinery cleanup, DEP says

Pennsylvania’s DEP offered an update on, and a possible wrinkle in, the ongoing Sunoco-era remediation at the Philadelphia Energy Solutions complex.

7 years ago

Philadelphia Energy Solutions Refinery on August 8, 2019. (Bastiaan Slabbers for WHYY)
PlanPhilly
Money

Former PES refinery CEO Rinaldi says he wants to make renewable fuels at the complex

Philip Rinaldi announced a new company, Philadelphia Energy Industries, and a plan to buy and restart the Point Breeze and Girard Point refineries.

7 years ago

(Mark Henninger for Billy Penn)
Money
Broke in Philly

Could electric bills in Pa. become more affordable? This agency holds the key

All the info you didn’t know you needed about the Pennsylvania Public Utility Commission.

7 years ago

Mariner East 2 pipeline construction crews work in the backyards of homes on Lisa Drive in West Whiteland Township, Chester County, on May 2. Sinkholes that opened in the area prompted the state's Public Utility Commission to order that an existing pipeline nearby, the Mariner East 1, be shut down until it could be determined that the sinkholes didn't threaten its safety. PUC on May 3 approved a re-start of Mariner East 1. (Marie Cusick/StateImpact Pennsylvania)
Community
StateImpact Pennsylvania

PUC’s review of pipeline safety regulation prompts attacks by residents, groups and lawmakers

Some argued for no added regulations, but most urged tighter curbs on the pipeline industry.

7 years ago

Smoke rising from the refinery
Money

Renewable energy producer S.G. Preston interested in buying PES refinery

The company is the first of at least two prospective buyers to publicly express interest in taking over the damaged Philadelphia Energy Solutions complex.

7 years ago

Smoke rising from the refinery
Community

No severance pay or benefits for PES refinery workers; next round of layoffs Friday

Friday will be the last day for union workers at the fire-damaged Philadelphia Energy Solutions refinery, except for 83 who will stay on.

7 years ago

Patty Beach, a worker at the South Philadelphia refinery, makes her case to save her place of employment. (Brad Larrison for WHYY)
PlanPhilly
Community
PlanPhilly

Emotions raw, PES refinery workers fight to keep plant open

Refinery unions say the closure of the facility will impact about 36,000 jobs indirectly and that the region will lose $16 billions if it closes permanently.

7 years ago

Members of the Southwest Philadelphia community discuss ideas for what to do at the PES refinery. (Kimberly Paynter/WHYY)
Community

Community meeting on the future of PES refinery was packed, loud and divided

People who live near the South Philly refinery said they want it shut and gone forever, while laid-off refinery workers are hoping someone will buy it.

7 years ago

This May 22, 2017, file photo, shows the control room at the Three Mile Island nuclear power plant in Middletown, Pa. (AP Photo/Matt Rourke, File)
The Why
Science

Three Mile Island is closing. Now what?

Pennsylvania is shutting down Three Mile Island for good next month. With the nuclear plant gone, how will the state produce carbon-free energy?

Air Date: August 21, 2019

Listen 13:18
Philadelphia Energy Solutions refinery in South Philadelphia. (Emma Lee/WHYY)
Community

PES refinery lays off all but select few union workers, despite safety concerns

Union leaders had hoped to persuade Philadelphia Energy Solutions to keep some workers on past Aug. 25. “It’s a mismanaged mess,” said a USW official.

7 years ago

Philadelphia Energy Solutions refinery. (Kimberly Paynter/WHYY)
Science

‘Great progress’ in South Philly refinery cleanup, fire commissioner says

About half of the original 30,000 gallons of highly toxic hydrofluoric acid remains. “A good week,” Philadelphia Fire Commissioner Adam Thiel says.

7 years ago

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