NuStar Energy L.P.
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NuStar Energy L.P. | |
---|---|
Type | Public (NYSE: NS) |
Founded | April 16, 2001 |
Headquarters | San Antonio, TX, USA |
Key people | Curt Anastasio, CEO Bill Greehey, Chairman |
Industry | Oil and Gasoline, Transportation |
Products | Petrochemical |
Revenue | ▲ $5.8 billion (Projected) USD (2007) |
Website | www.nustarenergy.com |
NuStar Energy L.P. (NYSE: NS) is a Fortune 500 company based in San Antonio. The company was established in 2001 after separating from Valero. The company operates 9,113 miles of pipeline and 85 terminal facilities across six countries allowing allowing for the storage of almost 80 million barrels of oil making NuStar the second largest independent liquids terminal operator in the world.[citation needed]
In November of 2007 the company announced that it would purchase CITGO Asphalt Refining Co. for $450 million. This move makes NuStar the largest asphalt refiner on the East coast.[1]