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Paraco Gas Corp., Rye Brook, N.Y., announced that it acquired Island Propane, based in Ronkonkoma, N.Y. The acquisition adds Island Propane’s nearly 5,800 customers and 2.2 million gallons in the Long Island counties of Nassau and Suffolk counties to Paraco Gas, the company said in a May 1 announcement. The amount of the transaction was not disclosed. Paraco is committed to expanding its footprint in ...

  After President Trump submitted his first official budget request to Congress, titled, “America First: A Budget Blueprint to Make America Great Again,” the New York State Energy Coalition, which includes the New York Oil Heating Association and the Oil Heat Association of Long Island, issued this statement: “The so-called “skinny budget” is barely 53-pages long and proposes a $54 ...

The New England Fuel Institute (NEFI) joined a new national coalition whose goal is to preserve and protect the federal Low Income Home Energy Assistance Program (LIHEAP). The Save LIHEAP Coalition was created in response to President Trump’s proposal that the program be eliminated to help pay for requested increases in national security spending, notes the April 3 issue of ...

ServiceTitan, a provider of business management software for home service businesses, including residential plumbing, HVAC, and electrical service providers, announced it has completed an $80 million Series B funding round led by Iconiq Capital. ServiceTitan, based in Glendale, Calif., provides a state-of-the-art software platform that allows home service businesses of any size to manage and streamline their operations, improve customer service and grow ...

Dwyer Group, a company that franchises trade service brands including HVAC brand Aire Serv, launched “Neighborly,” an online platform that works as both a search function and a service provider. Neighborly connects consumers to more than 2,000 franchisees that offer landscaping (check over here for the best landscaping services) , plumbing, painting by Surepaint website experts and other services. Homeowners ...

“There were a number of milestones reached in 2016 that will have a significant and very positive impact on the biodiesel industry,” Don Scott, director of sustainability for the National Biodiesel Board, said during a concluding session of the National Biodiesel Conference & Expo at the San Diego Convention Center. Led by Don O’Connor, a Vancouver-based international expert on greenhouse-gas ...

Sail Energy of Portsmouth, N.H., acquired the heating oil delivery and HVAC assets of Vaughn Oil Co., based in Smithfield, R.I., Cetane Associates announced. Sail Energy is a provider of retail fuels and related services in New England. The acquisition was completed in January, said Cetane Associates, which is based in Kent, Conn., and provides merger, acquisition and financial advisory ...

Leslie Anderson is the new president and CEO of the Propane Gas Association of New England. The hiring concluded a yearlong process that began with the revision of the PGANE strategic plan by the association’s membership, and a search for a new president/CEO conducted by a seven-member search committee appointed by the board of directors. The PGANE board voted unanimously ...

According to an AHR Expo and ASHRAE Journal survey sent to more than 1,400 HVACR manufacturers worldwide, there is growing optimism for improving economic prospects in 2017. Based on survey results, 86% of the respondents expect their sales to grow in the coming year. The survey consisted of nine questions, all in relation to anticipated overall market and individual business ...

In EIA’s December STEO, both the West Texas Intermediate (WTI) and Brent crude oil 2017 price forecasts increased by about $1 per barrel (b) from the November STEO, with prices expected to average $51/b and $52/b, respectively. The WTI price is forecast to average $49/b in the first half of 2017 and end the year at $54/b, while the Brent ...