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Burnaby, B.C., Oil Refinery to Fall Under U.S. Control in $9.1B Deal

The Burnaby refinery supplies 25% of Vancouver's gasoline and 30% of its airport jet fuel, with the $9.1 billion deal expected to close by Halloween 2025.

Summary by CTV News
British Columbia’s largest oil refinery is set to fall under U.S. control this week with the expected takeover of Canadian fuel refiner and retailer Parkland Corporation by American fuel giant Sunoco.

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Burnaby, B.C., oil refinery to fall under U.S. control in $9.1B deal

British Columbia’s largest oil refinery is set to fall under U.S. control this week with the expected takeover of Canadian fuel refiner and retailer Parkland Corporation by American fuel giant Sunoco.

·Canada
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Daily HiveDaily Hive
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Parkland Burnaby refinery will soon be under American control | Business & Tech

Parkland has announced that it expects to close the deal on a transaction that involves the Burnaby refinery this Halloween.

·Canada
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  • 67% of the sources are Center
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Daily Hive broke the news in Canada on Wednesday, October 29, 2025.
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