Meritum Energy Holdings LP (San Antonio, Texas) has acquired Pico Petroleum, a propane and fuel distribution business in South Texas. Details regarding the transaction were not released. Pico Petroleum has a broad operating footprint in the region and a diverse customer mix throughout the area where it distributes propane, gasoline, diesel, oils, and lubricants.
The American Petroleum Institute (API) is urging policymakers to use the proven results of America’s market-driven model for addressing climate challenges during the upcoming climate summit in Paris. “America’s private sector has already taken the lead on reducing greenhouse gas emissions, even as we increase economic activity and domestic energy production to keep energy reliable and affordable for consumers,” said API president and CEO Jack Gerard.
Spot propane at Mont Belvieu and Conway, Kan. edged higher Thursday, Nov. 19, compared to the Monday email Update, with the Texas trading hub mid-morning posting 1.5- to 1.625-cent gains and the Midwest improving by nearly a penny. The moves up reversed a previous week of losses that saw the markets shed about a nickel. Market watchers noted that winter was providing little support as relative warmth in most regions has kept demand low, pressuring prices.
Bergquist Inc. (Toledo, Ohio)... William (Butch) Reabold has joined Bergquist Inc. (Toledo, Ohio) as area sales manager for New York and Eastern Pennsylvania.

Eastern Propane Gas Inc.
(Rochester, N.H.)...
ExxonMobil Corp. (Irving, Texas) asserts that media and environmental activists’ allegations about the company’s climate research are inaccurate and deliberately misleading. The allegations were contained in reports distributed by InsideClimate News, an anti-oil and gas activist organization, and the Los Angeles Times, prompting political attacks by U.S. Sen. and presidential candidate Bernie Sanders (I-Vt.), Sen. Sheldon Whitehouse (D-R.I.), and Reps.

 

Enterprise Products Partners LP (Houston) said Nov. 16 it had approved additional long-term contracts with customers to export about 125 MMbbl of LPG over a seven-year period from its terminal on the Houston Ship Channel. Enterprise’s LPG export facility, including the volumes associated with the most recent agreements, is now more than 90% subscribed through 2019 in terms of estimated operating capacity.
ExxonMobil (Irving, Texas) and Chevron (San Ramon, Calif.), the two largest U.S. oil and gas groups, have just reported big declines in third-quarter profits because of plunging crude oil prices. However, their earnings exceeded analysts’ expectations. Overall, of the two companies Chevron was affected to a greater extent. Chevron stated that it was cutting capital expenditures and operating costs, and would lose between 6000 and 7000 jobs from
Amongst the gloom over stubbornly depressed energy commodity prices, the accompanying loss of tens of thousands of well-paying jobs, and the Obama administration’s rejection of the Keystone XL pipeline, there was some good
Propane exports from the U.S. in September reached 21,069,465 bbl, according to the Department of Commerce (DOC). Those volumes were up 13.9%, or 2,571,268 bbl, over the August total. Compared to September 2014, exports soared 53.5%, and rose 7,343,560 bbl year on year. Propane imports, at 3,245,923 bbl in September, were 5.6%, or 171,187 bbl, higher for the month and up 3.5%, or 110,107 bbl, for the year.
Enterprise Products Partners LP said Nov. 9 it had executed an additional long-term contract to export ethane from its new terminal under construction at Morgan’s Point, Texas. With the additional volumes, Enterprise’s 200,000-bbld ethane export terminal is now about 90% contracted in terms of operating capacity.
Anne Arundel County students have boarded the first school bus fueled by propane autogas in Maryland. The Blue Bird Vision vehicle, from Jubb’s Bus Service Inc., went into operation for the 2015-2016 school year. The Type C bus, equipped with a Ford 6.8-liter, V-10 engine and a Roush CleanTech (Livonia, Mich.) fuel system, replaces an older diesel model.
Plant Project in Alberta Williams Cos. (Tulsa) said Oct. 28 it was proceeding to the next phase of development for its planned propane dehydrogenation (PDH) facility near Edmonton, Alta., Canada. The plant will have a capacity of 525 kilotons per annum (KTA) of polymergrade propylene production and will use low-cost, locally sourced propane as its feedstock.
The Indiana Office of Energy Development (OED) Nov. 5 said seven state public school corporations will receive $275,430 from its 2015 Indiana Propane School Bus grant program. The grants are the first from OED for propane-fueled school buses.
The U.S. House of Representatives in a 363-64 vote has passed a six-year, $325-billion transportation bill. The legislation includes an amendment by Rep. Tim Ryan (D-Ohio) ensuring states have the discretion to identify the most cost effective emission-reduction technologies, including alternative fuel vehicles. Rep. Grace Napolitano (D-Calif.) cosponsored the amendment.
Myrtle Beach based Alkane Truck Company, Inc. has completed compliance to the United States Department of Transportation standards and regulations. Alkane will begin assembly operations in early 2016 for their Class 7 Cab-Over truck as the sole source for a cab-over truck powered with LPG or CNG in the 26,000 GVW and 33,000 GVW weight classes in North America.
Alkane Propane Class7 Cab Over Truck

Alliance AutoGas recently won the 2015 Mobile CARE Award from the North Carolina Clean Energy Technology Center. Mike Phillips received the award on behalf of Alliance AutoGas from Nick Tennyson, NC DOT Chief Deputy Secretary. Businesses that support the expansion of advanced transportation technology, including producers, marketers, and distributors of alternative fuel vehicles, vehicle components, fuel and related refueling equipment, were eligible for this award.

Worthington Industries, Inc. recently announced that its Pressure Cylinders segment has acquired certain assets of Trilogy Engineered Solutions, a leader in compressed natural gas (CNG) fuel systems for heavy duty trucks.

Winnebago Industries Inc. (Forest City, Iowa) is recalling certain model year 2013-2016 Era, Travato, View, Trend, Via, Journey, and Tour motorhomes, as well as Itasca Navion, Viva, Reyo, Meridian, and Elipse models manufactured between June 26, 2012 and August 26, 2015. The propane hose may harden, resulting in a leak at the crimp fitting.
A Yale University-led investigation found no evidence that trace organic compound contamination in drinking water wells near the Marcellus Shale in northeastern Pennsylvania came from deep hydraulic fracturing, underground storage tanks, well casing failures, or surface waste containment points.
Spot propane climbed still higher Thursday to hold on to the gains seen over the previous week. Midwest spots rose another 1.125 cents to post a gain of 3.75 cents in a week’s time, while Texas trading climbed 3.5 cents over the period. Meanwhile, the spread between Mont Belvieu and Conway, Kan. has drawn to a narrow 2 to 3 cents. The late-week commodity price strengthening came despite crude oil futures dropping to their lowest settlement since late October, well below $46/bbl.
…The U.S. Department of Health and Human Services has released $3.05 billion in 2015 regular block grant funding for the Low Income Home Energy Assistance Program (LIHEAP). The funding was provided under a continuing appropriations resolution approved by Congress and signed by President Obama…