Permian Moves: Sunoco Logistics Purchases Permian Midstream Assets for $760 Million
October 6, 2016
Sunoco acquisition of Vitol’s Permian assets expands the company’s midstream infrastructure at the premier plays in the country Netherlands-based energy trader Vitol Group announced last week that its partner in its Permian Basin crude oil system, Pennsylvania-based MLP Sunoco Logistics (ticker: SXL) will purchase an integrated crude oil business in West Texas for approximately $760 million plus working capital. The
