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Ohio Utica Shale

Natural gas pipeline owner buys Sunoco

By Bob Downing Published: April 30, 2012

Texas-based Energy Transfer Partners LP has agreed to buy Sunoco Inc. for $5.3 billion in shares and cash to add oil transportation and distribution assets.

The firm, based in Dallas, is a natural gas pipeline owner and has been seeking to diversify, Bloomberg News reported.

"Our goal is to derive more of our distributable cash flow from the transportation of heavier hydrocarbons like crude oil, natural gas liquids and refined products," said Kelcy Warren, Energy Transfer CEO, in a statement.

Sunoco, an owner of oil refineries since 1895, said last year it would sell or shut down its last two refineries in eastern Pennsylvania because they were losing money.

Its logistics and retail business will continue to be based in Philadelphia.

 

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ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

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Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

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Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

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Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

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Allegheny Front, environmental public radio for Western Pennsylvania.