The Riverhead Terminal and bulk petroleum storage facility was purchased from ConocoPhillips purchased by United Riverhead Terminal, Inc in November 2012 and is now operated as an affiliate of United Refining Company, Inc..

The facility, located 80 miles east of New York Harbor on a 286 acre site in Suffolk County, New York, consists of 20 storage tanks, a truck transfer rack, and an off-shore barge/ship platform which is the only deepwater loading/unloading platform on the U.S. East Coast. With an operating draft of 64 feet, the terminal's offshore platform routinely receives Suezmax vessels and is capable of handling VLCC tankers carrying crude, gasoline, diesel, and heavy fuel.

The loading platform is located in the deepest channel on the East Coast . The storage capacities of the tanks exceed 5 million barrels which ranks the terminal as one of the largest facilities in the region and in the United States. 72 acres of the site is a waterfront tract located on the north side of Sound Shore Road and its 214 acre inland tract is located on the south side of Sound Shore Road in Riverhead, Long Island, New York.

The terminal's eastern Long Island location is significant as the Atlantic Ocean is approximately 30 miles to the east. This enables large ships to come from the Atlantic from all points of the globe, thereby avoiding the Port of New York/New Jersey. Delivered product can then be stored at the terminal and reloaded onto ocean-going barges for all parts of the East Coast; its primary business is the central and north Atlantic region. A significant amount of the product is received by ship, stored and delivered by ocean-going barge and tankers, and a minimal amount is delivered by transport truck, primarily for heating fuel for eastern Long Island.

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