Propane companies in Southwest Missouri are replacing customers’ gas tanks after propane deliveries were accidentally contaminated with ammonia, auroraadvertiser.net reports. The concerns emerged after a trucking company failed to properly clean a tanker that had previously been used to haul anhydrous ammonia, a liquid chemical frequently used as fertilizer. The tanker was then contracted by […]
Enterprise Products Partners, Anadarko Petroleum and Enbridge Energy Partners announced their plans to build a new natural gas liquids pipeline connecting the Texas Panhandle to propane central, Mont Belvieu, according to a recent FuelFix.com report. Because NGLs like propane can’t be transported through the same pipelines as natural gas, they need their own system. As […]
One of the country’s leading propane suppliers has been handed a share upgrade by equities analysts Zacks Investment Research, localizeduas.com reports. Zacks elevated Suburban Propane Partners, L.P. shares from “underperform” to “neutral” in a research note to investors last week. The share upgrade reflects a stronger financial performance by the national energy company, which has […]
Irving Energy, a major family-owned propane and heating oil provider for residents in Northern New England, announced they’re hosting an open forum to gather customer opinions about price protection plans on their website. More than 500 fuel consumers have already weighed in about whether or not they’ll be locking-in their propane or heating oil prices […]
To celebrate their 62nd year in business, Texas marketer Sharp Propane employees volunteered this month for a wide range of state non-profit organizations, Reuters reported yesterday. It isn’t exactly a new development – the company does “Sharp Service Month” every August to renew their commitment to community service. “Our company values giving back, and we […]
A Connecticut propane truck has become stuck on a small bridge while making a home propane delivery. The truck was delivering 2300 gallons of propane to a home in Wolcott when it became stuck on a narrow bridge on the homeowner’s driveway Tuesday morning, News 8 reported. Police said the eight-foot wooden bridge runs over a […]
The huge tanks on bobtail propane delivery trucks are usually plain black or white, embossed with the company’s logo. But more and more companies nationwide are using that space to send a message and confirm a campaign. The Ciardelli Fuel Company in New Hampshire is the latest to partner with the American Breast Cancer Foundation […]
Yesterday NGL Energy Partners LP announced its new partnership with E. Osterman Propane, Inc. in a move that could place NLG Energy among the top ten retail propane marketers in the country, according to a MarketWatch report. The agreement states that Osterman Propane will contribute all its assets, including cash and common units, to NLG […]
Inergy, LP, one of the country’s largest propane retailers, purchased an underground salt cavern facility near Seneca Lake outside Watkins Glen, NY, capable of holding approximately 2 billion cubic feet of liquid propane gas, MarketWatch reported. Salt caverns are ideal for storing propane because they’re huge and essentially impermeable. The acquisition originally faced opposition and […]
ArcLight Capital Partners, LLC recently made a $100 million equity commitment to JP Energy Partners, allowing JP Energy to significantly expand its propane-related business. Essentially, JP Energy acquires and consolidates propane businesses, including retailers and distributors catering to both commercial and residential customers. In late June, ArcLight made its first installment, enabling JP Energy to […]