Canada's primary underground propane inventories decreased by 28.57% in March, Canada Energy Regulator (CER). The total represented a month-to-month decrease of 311.3 Mcm. Compared to a year earlier, stocks were higher, with 100 Mcm, or 14.75%, more product on hand.

EDP has acquired the propane assets of P. Gagnon & Son, a family-owned fuel company based in South Berwick, Maine, serving customers in Maine and New Hampshire. The acquisition aims to expand EDP's presence in New England and maintain P. Gagnon & Son's legacy of providing safe and reliable service under EDP's ownership.
Kohda Valve Japan and Cavagna Group Italy have formed an industrial cooperation joint venture agreement focused on specialty and high purity gases flow control products. The partnership aims to strengthen their market positions in High Purity Gases international markets, including North America, Europe and selected Far East markets.

 

Doug Dagan from Suburban Propane.Whippany, NJ — (March 18, 2024) — Suburban Propane Partners L.P., a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services has announced that Doug Dagan, vice president of Strategic Initiatives — Renewable Energy, has been named to The Bioeconomy 500 for 2024, which ce

During the latest mid-month period, prices at Mont Belvieu, Texas, decreased. The posted prices decreased 16 cents/gal, from February mid-month to March mid-month, and the spot prices decreased 17.5 cents. Conway, Kansas, postings decreased 16.4 cents/gal, and spots decreased 15.5 cents over the month.

Whippany, N.J. — March 5, 2024 — Suburban Propane Partners L.P., a nationwide distributor of propane, renewable propane, renewable natural gas, fuel oil and related products and services, commemorated the signing of New Mexico House Bill 41, establishing a clean transportation fuel standard program to reduce the carbon intensity of transportation fuels through 2040. 

ST. CHARLES, MISSOURI — March 13, 2024 — One-Tank has announced the addition of Jim Fitzgerald to its team. Fitzgerald will serve as a sales executive as the satellite propane tank monitoring company seeks to continue maximizing its offerings to its customers. 

West Palm Beach, FL (March 7, 2024) – Blue Peak Resources, a merger and acquisitions consulting firm, has announced the sale of W.F. McCoy Petroleum Products of Bridgehampton, New York to Star Group L.P.

Don Smith, director at Cetane AssociatesNew Milford, Conn. (March 7, 2024) — Cetane Associates announced that Don Smith has joined its financial advisory firm as director, effective March 1. With close to four decades of M&A expertise, Smith has successfully closed over 700 business transactions.

Matt Brock, southeast regional sales manager for Marshall Excelsior CompanyMarshall Excelsior Company (MEC), a manufacturer of LPG & NH3 equipment, announced the hiring of Matt Brock as the company's new southeast regional sales manager. Brock joins the outside sales team with over 13 years in the propane industry and a wealth of knowledge and experience.

As Young Gassers gears up for the 2024 NPGA Southeastern Expo, it is in the process of a major “reboot.” In addition to introducing two new Advisory Board members — Rachel Wendt and Evan Meier — the organization will make several exciting announcements during its annual Young Gassers Reception Friday evening, April 5, in Charlotte, North Carolina.

Jeremy Eaton has been appointed as the Chief Executive Officer of Otodata, a leading provider of remote tank monitoring solutions, where he will collaborate with President Andre Boulay and the team to drive the company's growth, leveraging his extensive experience from leadership roles at Honeywell and McKinsey.

Canada's primary underground propane inventories decreased by 22.93% in February, Canada Energy Regulator (CER). The total represented a month-to-month decrease of 324 Mcm. Compared to a year earlier, stocks were higher, with 24.9 Mcm, or 2.34%, more product on hand.

Propane storages in the West started February lower at 756.6 Mcm, which corresponds to 4.766 MMbbl, the agency reported. From January to February, volumes decreased by 137.6 Mcm, or 15.39%, and were 182.4 Mcm more the year prior's level of 574.2 Mcm.

West Palm Beach, Fla. — Feb. 29, 2024 — Blue Peak Resources, a merger and acquisitions consulting firm, has announced the sale of Blue Light Energy LLC of Bridgehampton, New York, to Star Group L.P.

Eastern Propane & Oil partners with Disabled American Veterans Department of Massachusetts, branding propane delivery trucks with the DAV logo and committing to donating one penny for every gallon of propane delivered through them, aiming to support Massachusetts Veterans. Additionally, they offer a Hometown Hero discount for Active-Duty Military, Veterans and First Responders.

During the latest mid-month period, prices at Mont Belvieu, Texas, increased. The posted prices increased 6.167 cents/gal, from January mid-month to February mid-month, and the spot prices increased 5 cents. Conway, Kansas, postings increased 5.828 cents/gal, and spots increased 6.5 cents over the month.