LOGO
LOGO

Sunoco Logistics Partners Evaluates Impacts Of Sunoco Decision To Idle Eagle Point Refinery - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Sunoco Logistics Partners LP (SXL) said that it is evaluating the impacts of Sunoco Inc.'s decision to idle its Eagle Point Refinery and to consolidate production at its Marcus Hook and Philadelphia refineries.

The Eagle Point docks and terminal assets owned by Sunoco Logistics provide logistics support for crude oil, intermediates and refined products for the Eagle Point Refinery.

Sunoco has announced that they expect to continue to distribute refined products through the Eagle Point terminal during the period the refinery is idled.

Sunoco Logistics expects to work with Sunoco Inc. to address any revenue impacts from idling the Eagle Point Refinery.

The terminal and dock assets have an approximate net book value of $34 million and have generated about $13 million in revenue during the nine months ended September 30.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.