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. …
Superior Plus suffers ransomware attack, investigation ongoing
Superior Plus Corp. issued a statement that the company was subjected to a ransomware incident on Dec. 12, which impacted computer systems. According to the statement, "upon learning of the incident, Superior took steps to secure …
HOP Energy accused of heating oil price gauging in class action suit
According to reports, HOP Energy has been accused of home heating oil price gauging. Ryan Melville, Woodstock, CT, filed a class action complaint on Dec. 6 in U.S. District Court in White Plains, NY. It demands …
Otodata buys Wireless Applications Corp.
Tank monitoring hardware and software specialist Otodata Technologies USA has acquired Wireless Applications Corp. (WACnGO), a leading player in the South American and Israeli tank monitoring and delivery markets. Terms of the deal were not …
Electrification mandate in NJ Governor’s Energy Master Plan
TRENTON, NJ – On Monday December 6, 2021, the Murphy Administration left a big lump of coal in the stockings of New Jersey commercial building owners, tenants, schools and others, when it proposed a boiler …
Christensen, Inc. buys Yorkston Oil Co.
Christensen, Inc., Richland, WA, has acquired Yorkston Oil Co., a Bellingham, WA-based fuel and lubricant distributor, and CFN cardlock marketer, serving customers in northwestern Washington State. Terms of the deal were not revealed. Since 1939, Yorkston …