Superior Plus buys Hopkins Propane & NC propane distributor
Superior Plus Corp., Toronto, ON, announced today it has closed the acquisition of the assets of a retail propane distribution company Hopkins Propane. Terms of the deal were not revealed. Superior also announced it has acquired …
Connecticut adopts renewable fuel mandate
In June of 2021, the Connecticut Energy Marketers Association (CEMA) ushered in a low carbon liquid fuel mandate in the state. ICM: Can you tell me what the mandate is for, what the time frame is …
R.W. Beckett Acquires Delavan Industrial Nozzle Business
North Ridgeville, OH: R. W. Beckett announced that it has acquired Delavan Spray LTD & Delavan LLC from Collins Aerospace Corporation. Delavan manufactures spray nozzles for fluid, diesel exhaust, and spray drying systems. The companies …
New York State enacts low-carbon heating fuel law
New York State's Governor Kathy Hochul has signed a bill phasing in a requirement for all heating oil sold in state to contain 20% biodiesel. Once fully implemented, the new law will reduce New York’s …
Synergy Commodity hires new Commodity Analyst
Synergy Commodity has appointed Jordan Manchester as Commodity Analyst. Prior to joining Synergy, Manchester worked at Sprague Operating Resources as a Refined Commodities Analyst. He has also worked as an Analyst for Star Group and …
NJ Answers State Electrification
As New Jersey faces public policy to mandate all electric home heating, the Fuel Merchants Association of New Jersey answers through its Executive VP, Eric Degesero ICM: Eric, can you give us some background on the …
Chesapeake Utilities expands footprint into the Carolinas with propane acquisition
Chesapeake Utilities Corp., Dover, DE, announced today that its propane subsidiary, Sharp Energy, has acquired the propane operating assets of Diversified Energy Co. Through this acquisition, Sharp Energy expands its operating footprint into North Carolina …
Recent heating oil company acquisitions: Lavallee Oil & Sheller Oil
Dead River Company, LLC, has acquired the full-service oil heat delivery business of Lavallee Oil, Inc., a New Hampshire-based corporation, for an undisclosed sum. The transaction closed on Dec. 2. Lavallee Oil, Inc., founded in 1945, …
NEFI calls for moratorium on electric heat pumps after grid warning
On Dec. 16, the National Energy & Fuels Institute (NEFI) and its State association partners delivered a letter to the governors of the six New England states, demanding a moratorium on utility-funded conversions to electric …
Chesapeake Utilities expands into the Carolinas with propane acquisition
Chesapeake Utilities Corp. announced its propane subsidiary, Sharp Energy, has acquired the propane operating assets of Diversified Energy Co. Through this acquisition, the Chesapeake Utilities expands its operating footprint into North Carolina and South Carolina. …