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Kinder Morgan to purchase El Paso for approximately $38B to form largest natural gas pipeline network and largest midstream energy enterprise in North America

Green Car Congress

OCTOBER 17, 2011

(KMI) and El Paso Corporation on Sunday announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth-largest energy company in North America with an enterprise value of approximately $94 billion and 80,000 miles of pipelines.

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El Paso North America Gas Purchase 225
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Sunoco Idles Eagle Point Refinery; Will Evaluate Feasibility of Using it to Produce Alternative Fuels in the Future

Green Car Congress

OCTOBER 9, 2009

Sunoco purchased the Eagle Point Refinery in January 2004 from El Paso Corporation. Sunoco owns and operates four refineries, including Eagle Point, with a combined crude oil processing capacity of 825,000 barrels per day. The acquisition increased Sunoco’s total refinery processing capacity by 20%.

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