LONDON (April 23, 2021) — Navigator Holdings Ltd. announced it has agreed to four, 12-month timecharter contracts with Mitsui & Co. Energy Trading Singapore Pte. Ltd. to be used for Pembina Pipeline Corporation's new LPG export facility at Prince Rupert, British Columbia, Canada. The four semi-refrigerated handysize vessels are expected to commence their charters to Mitsui from the second half of May 2021.
HOUSTON (May 4, 2021) — Equilon Enterprises LLC d/b/a Shell Oil Products U.S. (Shell), a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Puget Sound Refinery near Anacortes, Washington, to a subsidiary of HollyFrontier Corporation, an independent refiner headquartered in Texas, for $350 million in cash plus the value of the hydrocarbon inventory. The transaction is expected to close in Q4 2021, subject to regulatory clearance and other customary closing conditions.
CHICAGO — As a new regional vice president for the Central United States for Energy Distribution Partners (EDP), Chris Daly will be responsible for leading the operations management team to achieve safety, service, quality and operational goals.
The Baker Hughes United States Rig Count is up two from last week to 440, with oil rigs down one to 342, gas rigs up two to 96, and miscellaneous rigs up one to two.
During his campaign, President Joe Biden made several pledges regarding his first days in office. One of these was to halt the leasing of federal land to oil and gas companies as part of the broader initiative of reducing greenhouse carbon emissions by 50% of what it was in 2005 by 2030. During the Trump administration, 5.6 million acres of onshore federal land were sold for oil, gas and mineral development.
COLUMBIA, S.C. — South Carolina Governor Henry McMaster was joined by S.C. Superintendent of Education Molly Spearman and S.C. Department of Insurance (SCDOI) Director Ray Farmer to announce that the second round of funding from the state’s share of the Volkswagen Environmental Mitigation Trust will be invested in 235 new, propane fueled buses to update the state’s aging school bus fleet.
WASHINGTON — In celebration of Earth Day last week, The Propane Education & Research Council (PERC) reminded material handling professionals to download its forklift emissions fact sheet. This resource showcases findings from a study conducted by the Gas Technology Institute (GTI) and the Nexight Group.
Superior Plus Corp. has announced that one of its wholly-owned subsidiaries has entered into an agreement to acquire the assets of a retail propane distribution company based in South Carolina, operating under the tradename Freeman Gas and Electric Co. Inc. (Freeman) for an aggregate purchase price of approximately US $170 million before adjustments for working capital.
DUBLIN — With the liquified petroleum gas sector exploring almost a dozen different pathways to pave way for a decarbonized future, the bio LPG market is expected to register a double-digit growth, according to the "Bio LPG Market - Global Industry Analysis (2017 - 2020), Growth Trends and Market Forecast (2021 - 2025)" published by ResearchAndMarkets.com.
Whippany, NJ (April 28, 2021) — Suburban Propane Partners, L.P. has made a donation to Growing Up New Mexico: The Early Childhood Partnership in Santa Fe, New Mexico, providing 500 Spanish-language books and more than 100 educational, developmentally-appropriate toys.
Santa Fe Mayor Alan Webber presented Suburban Propane with a congratulatory proclamation, which designated the day as "Suburban Propane Day," also marking Suburban Propane’s second anniversary in Santa Fe.
Kansas City, Miss. (April 26, 2021) — Baty Otto Coronado PC is celebrating its 100-year history and has further expanded its litigation practice to include the attorneys and staff of Schlee & McCarthy, P.C.
The Baker Hughes United States Rig Count is down one from last week at 438, with oil rigs down one to 343, gas rigs unchanged at 94, and miscellaneous rigs unchanged at one.
HOUSTON — Phillips 66 is securing feedstock for the company's growing portfolio of renewable fuels projects by investing in a new soybean-processing plant in Iowa.
(April 16, 2021) — The Baker Hughes United States Rig Count is up seven from last week at 439, with oil rigs up seven to 344, gas rigs up one to 94, and miscellaneous rigs down one to one.
TORONTO — Superior Plus Corp. announced it has published its inaugural Sustainability Report, which outlines its established environmental, social and governance practices.
The report includes insight into Superior’s 2020 operations and future milestones, and the Sustainability Report is available here.
Brookneal, Virginia — As part of its FosterGives initiative and the company's centennial celebration, Foster Fuels and the Watt Foster Family Foundation will be awarding 100 scholarships to its customers as part of a one-time scholarship giveaway. Applications are being accepted now through May 31, 2021.
Ocean Springs, Miss. (April 20, 2021) — Seventy years ago, Blossman Gas, a full-service company that provides everything from propane delivery to appliance sales, installation, and service, was founded by Woodrow “Woody” Blossman in Ocean Springs, Mississippi. Within the first 20 years of Blossman going into business, the company went from one store in Ocean Springs to fourteen stores spanning three different states in the southeast.
KENT, Conn. (April 15, 2021) — Cetane Associates LLC announces a 15-year milestone of providing expert financial advisory services to business owners in the retail energy distribution industry. With the advice and guidance provided by Cetane, hundreds of retail energy business owners have successfully accomplished their transition goals.
KANSAS CITY, Mo. — The Federal Reserve Bank of Kansas City released the first quarter Energy Survey today. According to Chad Wilkerson, Oklahoma City branch executive and economist at the Federal Reserve Bank of Kansas City, the survey revealed that Tenth District energy activity continued to increase moderately.
DUBLIN (April 12, 2021) — The "Global LPG Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.
Canton, Mass. (April 20, 2021) — Gray, Gray & Gray LLP, a consulting and accounting firm serving the fuel oil and propane industry, has opened its annual Propane Industry Survey. The survey is available online here.
MARTINSBURG Pa. (April 2021) — In a move to strengthen Curry Supply’s footprint in its Great Lakes Region sales territory, the company has named John Brun, a West Virginia resident, as a regional sales manager. Brun will apply his experience in the heavy equipment industry to better serve the company’s valued customers located in Indiana, Michigan, Ohio and Western Pennsylvania.
