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However, Sunoco's acquisition of NuStar showcased how its controlled MLP can also make highly accretive deals that flow down to Energy Transfer. The company will get a $500 million earnings boost ...
As of December 31, 2015, NuStar GP, LLC had 1,251 domestic employees and certain of their wholly owned subsidiaries had 393 employees performing services for their international operations. [3] In 2018 Inter Pipeline acquired NuStar Energy L.P.'s European bulk liquid storage business ("NuStar Europe") for cash consideration of US$270 million. [4]
Energy Transfer owns controlling interests in Sunoco LP.It also owns 100% of Sunoco Logistics Partners Operations L.P., 46% non-economic general partner interest in USA Compression Partners L.P., and 100% of Lake Charles LNG which consists of an LNG import terminal and regasification facility near Lake Charles, Louisiana.
NuStar Energy L.P. Announces Closing of Sale of 50% of its Asphalt Operations to Lindsay Goldberg and Creation of Joint Venture Transaction Deconsolidates Asphalt Operations, ...
Sunoco also sponsored Penske Porsche + Audi Le Mans in the Sports Car Club of America Can-Am series, and Penske won his first Indianapolis 500 in 1972 with driver Mark Donohue. A Sunoco fuel tanker truck refueling Charlie Kimball's No. 83 Honda IndyCar Sunoco Ultra94 sponsored No. 94 NASCAR display at the Honda Indy Toronto race.
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Until 2010, Suncor marketed products and services to retail customers in Ontario through a downstream network of 780 company-owned, and 700 customer-operated retail and Diesel fuel sites, primarily in Ontario under the Sunoco brand (owing to Suncor having originally been established as a subsidiary of Sunoco).
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