Energy Transfer, Sunoco form joint venture of Permian crude businesses

Sunoco LP (Texas)

16/07/2024 14:20

July 16 (Reuters) - Energy Transfer  ET.N  and Sunoco
 SUN.N  on Tuesday said they would form a joint venture
combining their crude oil and produced water-gathering assets in
the Permian Basin.
    Dallas-based Sunoco is an affiliate of U.S. pipeline
operator Energy Transfer, which billionaire Kelcy Warren
controls.

 (Reporting by Seher Dareen in Bengaluru; Editing by Tasim
Zahid)
 ((Seher.Dareen@thomsonreuters.com; If in India call +91 74832
70128;))