Killajoules

Sunoco Logistics Partners L.P. Announces Binding Open Season For Eaglebine Express Pipeline
Sunoco Logistics Partners L.P. (NYSE: SXL) today announced that Sunoco Pipeline L.P. will commence a binding Open Season for the Eaglebine Express pipeline. The pipeline will provide takeaway capacity for the growing production of the Eaglebine and Woodbine crude areas to Nederland, Texas, including
Sunoco Logistics’s Nederland Terminal.

Sunoco Logistics Announces Binding Open Season for Mariner South Pipeline
Sunoco Logistics Partners L.P. (NYSE: SXL) today announced that it will commence a binding Open Season for its Mariner South Pipeline, a pipeline that will transport export grade propane and butane, from Lone Star NGL LLC’s storage and fractionation complex in Mont Belvieu, Texas to Sunoco Logistics’ terminal in Nederland, Texas. In addition to export grade propane and butane, the pipeline will be available for other natural gas liquids and petroleum products depending on shipper interest.

Sunoco Logistics Partners L.P. Announces Successful Open Season For Project Mariner East
Sunoco Logistics Partners L.P. (NYSE: SXL) announced today a successful open season for Mariner East, a pipeline project to deliver propane and ethane from the liquid-rich Marcellus Shale areas in Western Pennsylvania to Sunoco, Inc.’s facility in Marcus Hook, Pennsylvania, where it will be processed, stored, and distributed to various domestic and waterborne markets. Binding commitments for all of the pipeline capacity offered have been received from shippers enabling the project to move forward. Mariner East, along with the previously announced Mariner West project which will deliver ethane to the Sarnia, Ontario market by mid-2013, will provide Marcellus Shale basin producers with a comprehensive natural gas liquids takeaway solution. Sunoco Logistics is projecting to invest over $600 million for the Mariner projects.

Sunoco and The Carlyle Group Complete Formation of Philadelphia Refinery Joint Venture
Sunoco, Inc. (NYSE: SUN) and The Carlyle Group, L.P. (NASDAQ: CG) have completed the formation of Philadelphia Energy Solutions, a joint venture that will operate the Philadelphia Refinery. The refinery processes 330,000 barrels of crude oil per day into various refined products.

Sunoco Logistics Partners L.P. Announces Successful Open Season For Allegheny Access Pipeline Project
Sunoco Logistics Partners L.P. (NYSE: SXL) announced today a successful open season for Sunoco Pipeline L.P. and Inland Corporation’s Allegheny Access pipeline project, which will transport refined products from the Midwest to eastern Ohio and western Pennsylvania markets. Enough binding commitments from shippers have been received to enable the project to move forward.

The Carlyle Group and Sunoco Agree to Form Philadelphia Refinery Joint Venture
Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) and Sunoco, Inc. (NYSE: SUN) announced today that they have agreed to form Philadelphia Energy Solutions, a joint venture that will enable the historic Philadelphia Refinery to continue operating. The refinery, the oldest continuously operating one on the east coast, processes 330,000 barrels of oil per day into various refined products and was scheduled for shut down in August of 2012. The joint venture is expected to save 850 jobs, secure the region’s fuel supply by continuing the daily flow of 10 million gallons of various fuels, and create 100-200 new, permanent jobs, as well as thousands of construction jobs.

Sunoco Logistics Partners L.P. Announces Binding Open Season For Permian Express Phase I
Sunoco Logistics Partners L.P. (NYSE: SXL) announced today that Sunoco Pipeline L.P. will commence a binding Open Season for project Permian Express Phase I. The project is being developed to deliver 150,000 barrels per day of West Texas crude oil to Gulf Coast markets, providing West Texas producers and Gulf Coast refiners with a fast, flexible and cost-efficient supply solution for Permian Basin crude.

Sunoco Logistics Announces Permian Express Project To Increase Crude Oil Outflow From West Texas By 150,000 BPD Expandable to 35
Sunoco Logistics Partners L.P. (NYSE: SXL) announced today Permian Express, a new project to transport West Texas crude oil to Gulf Coast markets. Phase I of the project will have a capacity of approximately 150,000 barrels per day. Permian Express could be expanded to at least 350,000 barrels per day.

Energy Transfer Partners to Acquire Sunoco in $5.3 Billion Transaction
Energy Transfer Partners, L.P. (NYSE: ETP) and Sunoco, Inc. (NYSE: SUN) today announced that they have entered into a definitive merger agreement whereby ETP will acquire Sunoco in a unit and cash transaction valued at $50.13 per share, or a total consideration of approximately $5.3 billion, based on ETP’s closing price on April 27, 2012. This combination will create one of the largest and most diversified energy partnerships in the country by expanding ETP’s geographic footprint and strengthening its presence in the transportation, terminalling and logistics of crude oil, NGLs and refined products.

Sunoco Enters into Exclusive Discussions with The Carlyle Group Regarding Philadelphia Refinery Joint Venture
Sunoco, Inc. (NYSE: SUN) announced today that it has entered into exclusive discussions with The Carlyle Group, a global alternative asset manager, regarding a potential joint venture involving Sunoco's 330,000 barrel-per-day refinery in Philadelphia. If a transaction were to be consummated, Sunoco would contribute its Philadelphia refinery assets in exchange for a non-operating minority interest in the joint venture. In addition, Sunoco would have no on-going capital obligations with respect to the refinery. Carlyle would contribute cash to the joint venture, hold the majority interest and oversee day-to-day operations of the joint venture and the facility. No other financial terms of the potential transaction were disclosed and there can be no assurances that the two companies will come to agreement.