Latest Propane Stories

WASHINGTON, Nov. 10, 2011 /PRNewswire-USNewswire/ -- The Propane Green Autogas Solutions Act ("Propane GAS Act") of 2011 offers significant economic growth, environmental and energy security benefits to the American economy, according to a study released today by the National Propane Gas Association. (Logo: <font size="2" face="Arial">http://photos.prnewswire.com/prnh/20110407/DC79591LOGO</font>) The study projects that the Propane Gas Act's impact on jobs...

WHIPPANY, N.J., Nov. 10, 2011 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced results for its fourth quarter and fiscal year ended September 24, 2011. Fiscal Year 2011 Results Net income for fiscal 2011 amounted to $115.0 million, or $3.24 per Common Unit, compared to $115.3 million, or $3.26 per Common Unit, in fiscal 2010....

GO Riteway adopts propane autogas vehicles as part of environmental goals, operating 21 ROUSH CleanTech Ford E-350 vans fueled by propane autogas to serve as ground transportation vehicles for the General Mitchell International Airport. Livonia, MI (PRWEB) November 09, 2011 GO Riteway, Wisconsin’s premier airport transportation provider, is operating 21 ROUSH CleanTech Ford E-350 vans fueled by propane autogas to serve as ground transportation vehicles for the General Mitchell...

All values are in Canadian dollars. CALGARY, Nov. 9, 2011 /PRNewswire/ - Provident Energy Ltd. (Provident) (TSX-PVE; NYSE-PVX) today announced its 2011 third quarter interim financial and operating results, updated 2011 adjusted EBITDA guidance and the November cash dividend. "Very strong NGL pricing and demand has resulted in record third quarter and nine month year-to-date EBITDA" said President and Chief Executive Officer, Doug Haughey. "Our outlook for the NGL industry...

WHIPPANY, N.J., Nov. 9, 2011 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, today announced the promotion of Michael A. Kuglin from Controller and Chief Accounting Officer to Vice President and Chief Accounting Officer. In making this announcement, Suburban Propane's President and Chief Executive Officer Michael J. Dunn, Jr., said, "With this...

OVERLAND PARK, Kan., Nov. 9, 2011 /PRNewswire/ -- Mesa Public Schools in Mesa, Ariz., has launched Arizona's first fleet of propane autogas-powered school buses through a partnership with Ferrellgas Partners, L.P. (NYSE:FGP), one of the nation's largest distributors of propane. Last week school officials took delivery of four buses that are powered by this clean-burning, domestic fuel. An additional 23 propane autogas-powered buses have been ordered. "Transitioning our fleet to propane...

All financial figures are in Canadian dollars unless noted otherwise CALGARY, Nov. 8, 2011 /PRNewswire/ - Gibson Energy Inc. ("Gibson"), TSX: GEI, announced today that its Board of Directors has approved a quarterly dividend of $0.24 per share on its common shares, payable January 17, 2012 to shareholders of record at the close of business on December 30, 2011. About Gibson Gibson is one of the largest independent midstream energy companies in Canada and a major participant...

KANSAS CITY, Mo., Nov. 7, 2011 /PRNewswire/ -- The following statement is being issued by Stueve Siegel Hanson LLP regarding the In re Pre-Filled Propane Tank Marketing and Sales Practices Litigation, MDL No. 2086. What is the Case About? A class action lawsuit called In re Pre-Filled Propane Tank Marketing and Sales Practices Litigation, MDL No. 2086, is pending in the U.S. District Court for the Western District of Missouri. The lawsuit claims that Blue Rhino, together with certain...

HARRISBURG, Pa., Nov. 4, 2011 /PRNewswire/ -- The Pennsylvania Propane Gas Association is a proud sponsor of Penn State Sports. During the 2011/12 basketball season, fans who attend Men's and Women's games at Bryce Jordan Center in University Park, PA will have access to fun and informative trivia content via QR Code. QR (Quick Response) Codes are relatively new in the United States. This technology allows mobile phone users to scan codes and be directed to multi-media content...

DOVER, Del., Nov. 3, 2011 /PRNewswire/ -- Net income was $2.4 million, or $0.25 per share, for the quarter ended September 30, 2011, compared to $1.6 million, or $0.17 per share, for the quarter ended September 30, 2010.Customer growth and a transmission system expansion in the natural gas operations, coupled with increased retail and wholesale marketing margins in the propane operations, generated $1.3 million and $624,000, respectively, of additional gross margin. Non-recurring items...