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NEFI: Eliminate Fossil Energy for Heating by 2050

The National Energy & Fuels Institute, with management consulting firm Kearney, announced a plan for the heating oil industry to eliminate fossil energy use by 2050. The plan outlines how the trade association aims to carry out a pledge made last year when more than 300 heating oil industry professionals committed to achieve 15% carbon reductions by 2023, 40% reductions ...

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NYPGA Hails Restart of Enbridge Line 5 Segment

Enbridge announced the restarting of the east segment of Line 5 in the Straits of Mackinac after receiving authorization from the Pipeline and Hazardous Materials Safety Administration (PHMSA) and approval from the Michigan Circuit Court. “This is relieving news to propane companies dependent upon supply from Sarnia [Ontario], especially NYPGA members in the Western half of New York,” Bruce Whitney, executive director ...

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Brideau Oil Acquires Montuori Oil

Brideau Oil Corp. acquired the heating oil, diesel, and bulk gasoline delivery businesses of Montuori Oil Delivery and related entities. Cetane Associates (www.cetane.net), Kent, Conn., which served as advisor to Montuori Oil, announced the acquisition. Both enterprises are based in Fitchburg, Mass. Montuori Oil, founded in 1926, delivers heating oil and diesel to residential and light commercial customers in northern ...

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Suburban Propane Acquires Stake in Oberon Fuels

Suburban Propane Partners, a nationwide distributor of propane, fuel oil and related products and services, announced a deal to purchase a 39% stake in Oberon Fuels, Inc., based in San Diego, California. Oberon is working to develop low-carbon, renewable dimethyl ether (rDME) transportation fuel, according to a Sept. 17 statement by Suburban, announcing the deal. Oberon’s rDME fuel is being ...

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Sierra Club Takes Trump Administration to Court Over Methane Rollback

The Sierra Club and a coalition of environmental groups filed a lawsuit on Sept. 15 challenging the Trump administration’s rollback of regulations on methane leaks. “Under the leadership of former fossil fuel lobbyist Andrew Wheeler, Trump’s EPA took final action to weaken rules that require oil and gas companies to monitor and repair leaking equipment,” the Sierra Club and other environmental groups said in ...

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Tower Energy Acquires Barrieau Oil

Tower Energy in Plainville, Conn., acquired the full-service energy business of Barrieau Oil Co. in West Hartford, Conn., Cetane Associates announced. Barrieau Oil, founded in 1971, provides heating oil delivery and HVAC and plumbing services to residential customers in much of central Connecticut under the brands Barrieau Oil Co., The James O’Toole Company, Ney Plumbing and Heating, and The Wm ...

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A Huge Victory in Massachusetts

By Shane Sweet It’s no secret to marketers of propane and heating oil: There are those who work daily to do us ill. This includes activists who seek our complete and utter demise, often with inflammatory, unsubstantiated claims. Some of these activists seem to believe every word they utter. Others, it seems, are pursuing an agenda, a means to a ...

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Chevron Announces Agreement to Acquire Noble Energy

Chevron Corporation announced that it has entered into a definitive agreement with Noble Energy, Inc. to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or $10.38 per share. Based on Chevron’s closing price on July 17, 2020, and under the terms of the agreement, Noble Energy shareholders will receive 0.1191 shares ...

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Dominion Energy and Duke Energy Cancel Atlantic Coast Pipeline

Dominion Energy and Duke Energy canceled the Atlantic Coast Pipeline, citing ongoing delays and increasing cost uncertainty which they said threaten the economic viability of the project. Here’s more, slightly edited, from a statement issued by the companies: Despite last month’s overwhelming 7-2 victory at the United States Supreme Court, which vindicated the project and decisions made by permitting agencies, ...

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IRRC Approves 15 PPM Sulfur Standard for Heating Oil in Pennsylvania

On June 18, the Independent Regulatory Review Commission voted unanimously to approve a regulation reducing the sulfur content of heating oil from 500 ppm to 15 ppm, Ted Harris of the Pennsylvania Petroleum Association announced in an email to members.The IRRC canceled meetings in March, April, and May on the regulations due to COVID-19 restrictions and a provision in their ...

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