- Sees 2009 Capital Spending $350M
- Capital required that remains outstanding at $60M
- Woods Cross Refinery full project cost 1230M
- Navajo Refinery full project cost $279M

Other headlines for [HOC]

• SUN 12/15/2008 08:38am
  Sunoco Inc CEO: Firm is to significantly cut CAPEX in 2010 - industry conference- May seek partners for long term JV's and projects including Canadian oil sands operations - Looking to sell chemicals unit - more...
  
• SUN 12/15/2008 08:08am
  Sunoco Inc Cuts refining and supply capital forecast - filing- Guides FY09 refining CAPEX program at $546M v $877M previous estimate on 12/2007 - Reports 2008 retail gasoline margin ytd at 12.4% v 9.3% y/y - more...
  
• HOC 12/3/2008 08:50am
  Holly Corporation Price Target lowered to $16 from $21 at Caris
  
• HOC 12/2/2008 07:05am
  Holly Corporation Plans to increase refining capacity by 18% to 131K bpd in 2009; Capital required to reach capacity levels $460M- Sees 2009 Capital Spending $350M - Capital required that remains outstanding at more...
  
• 11/25/2008 05:23pm
  S&P Index Changes- WCN to replace PHLY in the S&P 400 - STBA to replace WCN in the S&P 600 - MTD to replace BGP in the S&P 400 - HOC to replace LFG in the S&P 600 - TMP to replace SPC in the S&P more...
  

Energy sector headlines

• OII Today 04:13pm
  Oceaneering International Guides ROV fleet utilization in mid- to high 80% range, 2008 earnings +10% y/y - filing- Expects ROV fleet utilization rate during the 4th quarter of 2008 will be in the mid to high 80% range, and more...
  
• PCX Today 04:05pm
  Patriot Coal, Inc. To cut jobs, implements prior plans to close Jupiter mine, citing market conditions- The Company announced on September 29, 2008, its intention to idle the Jupiter thermal coal facility. - In more...
  
• TMR Today 02:02pm
  Meridian Resource Corp. Names Chairman Paul Ching interim CEO
  
• EDF.FR Today 12:45pm
  Electricite de France S&P cuts EDF S.A. to A+ from AA-- British Energy rating raised to BBB- - these actions follow the merger
  
• Today 11:56am
  Deutsche Bank lowers Q1 oil price forecast to $45 from $55, expects bottom of market at year's end (timing uncertain)