NuStar Energy

NuStar Energy L.P.(NYSE: NS), is a publicly traded master limited partnership. The company is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar owns 8,700 miles of pipeline and 79 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids.[2]

NuStar Energy L.P.
Public
Traded asNYSE: NS
IndustryOil and Gasoline, Transportation
FoundedApril 16, 2001
HeadquartersSan Antonio, Texas
United States
Key people
Brad Barron (President & CEO)
Mary Rose Brown (CAO)
Tom Shoaf (CFO)[1]
ProductsPetrochemical
Revenue $1.9 billion USD (2018)
Websitewww.nustarenergy.com

The partnership's combined system has approximately 93 million barrels of storage capacity, and NuStar has operations in the United States, Canada, Mexico, the Netherlands, including Sint Eustatius in the Caribbean, and the United Kingdom.

Operations are managed by NuStar GP, LLC. As of December 31, 2015, NuStar GP, LLC had 1,251 domestic employees and certain of their wholly owned subsidiaries had 393 employees performing services for their international operations.[3]

In 2018 Inter Pipeline acquired NuStar Energy L.P.'s European bulk liquid storage business ("NuStar Europe") for cash consideration of US$270 million.[4]

In 2019 NuStar received the first shipment of long haul Permian Crude at Corpus Christi terminal. [5]

Crockett facility fire

On 15 October 2019, the Nustar Fire, a 15-acre wildfire, was caused by an explosion of two ethanol storage tanks at NuStar's Crockett, California, fuel depot.

See also

References
  1. "NuStar Officers". NuStar Official Site. Archived from the original on 26 November 2015. Retrieved 26 November 2015.
  2. Aldridge, James (3 November 2010). "NuStar's earnings grew in third quarter, despite drop in shale production". San Antonio Business Journal. Retrieved 26 November 2015.
  3. "2015 Annual Report". AnnualReports. Retrieved 2 February 2017.
  4. "Inter Pipeline announces the acquisition of European bulk liquid storage business".
  5. "NuStar receives the first shipment of long-haul Permian Crude at Corpus Christi terminal".


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