Oil & Energy Online

Geary Promoted to Chief Legal Officer at Global

Fuel wholesaler Global Partners LP announced that Sean T. Geary has been appointed by the company’s Board of Directors to serve as chief legal officer, effective March 1, 2022.
Fuel wholesaler Global Partners LP announced that Sean T. Geary has been appointed by the company’s Board of Directors to serve as chief legal officer, effective March 1, 2022.… https://oilandenergyonline.com/articles/all/geary-promoted-chief-legal-officer-global/

9 Steps to Manage Your Way Through a Price Spike

How to prepare your company and customers for higher costs
How to prepare your company and customers for higher costs Crude oil and propane prices are at their highest level since 2014. The bargain basement prices seen during the… https://oilandenergyonline.com/articles/all/9-steps-manage-your-way-through-price-spike/

Adapting to a Shifting Energy Industry with the NEFI Energy Leaders Program

High-impact remote learning connects business executives with Dartmouth College faculty
High-impact remote learning connects business executives with Dartmouth College faculty The energy industry has been volatile for years — but with emerging geopolitical… https://oilandenergyonline.com/articles/all/adapting-shifting-energy-industry-nefi-energy-leaders-program/

Six Steps to a More Resilient Organization

Strategic planning provides direction in turbulent times
Strategic planning provides direction in turbulent times It has never been easy to run a successful energy company. But the array of obstacles lining up to impede the path to a… https://oilandenergyonline.com/articles/all/six-steps-more-resilient-organization/

Buyer and Seller Wish Lists

What each party wants out of an acquisition
What each party wants out of an acquisition Despite a global pandemic, fluctuating oil prices, tight propane supplies, and pressure from politicians pandering to the… https://oilandenergyonline.com/articles/all/buyer-and-seller-wish-lists/

NEFI & Women in Energy to Offer Harassment Awareness Training

Industry-wide program will deliver valuable human resources tools for liquid heating fuel business managers
Industry-wide program will deliver valuable human resources tools for liquid heating fuel business managers The National Energy & Fuels Institute (NEFI) and Women in Energy… https://oilandenergyonline.com/articles/all/nefi-women-energy-offer-harassment-awareness-training/

Diversification for the Next Generation

Energy business consultants offer advice on expansion and succession planning
Energy business consultants offer advice on expansion and succession planning Whether tomorrow’s homes are heated by renewable liquid fuels, electric heat pumps, or some… https://oilandenergyonline.com/articles/all/diversification-next-generation/

Gray, Gray & Gray 2021 Energy Survey Results

Fuel dealers are confident and prepared despite significant challenges
Fuel dealers are confident and prepared despite significant challenges Energy industry accounting and advisory firm Gray, Gray & Gray, LLP has released the results of its 30th… https://oilandenergyonline.com/articles/all/gray-gray-gray-2021-energy-survey-results/

We, the PPPeople (Part 2)

An update on industry participation in the Paycheck Protection Program
An update on industry participation in the Paycheck Protection Program The Paycheck Protection Program (PPP) was established in March 2020 to incentivize small businesses to keep… https://oilandenergyonline.com/articles/all/we-pppeople-part-2/

Staffed Through the Pandemic?

Your energy business may be eligible for an Employee Retention Tax Credit
Your energy business may be eligible for an Employee Retention Tax Credit The Employee Retention Tax Credit (ERC) was introduced in 2020 as part of the federal government’s… https://oilandenergyonline.com/articles/all/staffed-through-pandemic/

Know Your Worth

Ten factors affecting business value in the energy industry
Ten factors affecting business value in the energy industry The turmoil of the lengthy pandemic and global shifts in fuel supply has impacted many aspects of the energy industry.… https://oilandenergyonline.com/articles/all/know-your-worth/

A Buyer’s — and a Seller’s — Market

Six reasons for the heating fuel industry’s recent spike in M&A activity
Six reasons for the heating fuel industry’s recent spike in M&A activity As we all know, we are in a consolidating industry. We estimate that there are around half as many… https://oilandenergyonline.com/articles/all/buyers-and-sellers-market/

When Is a Customer Not a Customer?

Tips for maintaining an updated account list
Tips for maintaining an updated account list Every fuel oil and propane dealer loses customers, and each for a different reason. Maybe the customer sold their home and moved out… https://oilandenergyonline.com/articles/all/when-customer-not-customer/

Building the Right Team for Your Energy Business

Five essential values to seek when making staffing decisions
Five essential values to seek when making staffing decisions A strong team plays a critical role in the success of any energy business. Nobody can handle on their own the… https://oilandenergyonline.com/articles/all/building-right-team-your-energy-business/

Gray, Gray & Gray Launches 30th Annual Energy Industry Survey

Survey will collect data from fuel oil and propane marketers spanning April 2020 through March 2021
Survey will collect data from fuel oil and propane marketers spanning April 2020 through March 2021 Gray, Gray & Gray, LLP, a consulting and accounting firm serving the fuel oil… https://oilandenergyonline.com/articles/all/gray-gray-gray-launches-30th-annual-energy-industry-survey/

The Weakest Link in Cybersecurity

It might already be glaring at you from your computer screen
It might already be glaring at you from your computer screen Cyberattacks are increasing in frequency and sophistication. The targets of these attacks are not necessarily billion… https://oilandenergyonline.com/articles/all/weakest-link-cybersecurity/

How Tax Changes May Affect Your Exit Timing

Thinking of getting out soon? Stop thinking and do it.
Thinking of getting out soon? Stop thinking and do it. If you have given any thought to selling your fuel oil or propane business and retiring, now might be a good time. And I… https://oilandenergyonline.com/articles/all/how-tax-changes-may-affect-your-exit-timing/

The Case for Strategic M&A Transactions

Plan for accelerated growth and added value
Plan for accelerated growth and added value Successful fuel oil and propane business owners understand that there are options to accelerate growth through the use of strategic… https://oilandenergyonline.com/articles/all/case-strategic-m-transactions/

Budget Planning in Uncertain Times

More important and demanding now than ever
More important and demanding now than ever While we can never be certain what the future holds, the grip of the global pandemic has made prediction an even more unreliable… https://oilandenergyonline.com/articles/all/budget-planning-uncertain-times/

Building a More Resilient Business

How energy marketers can plan for threats, both immediate and long-term
How energy marketers can plan for threats, both immediate and long-term The recently published results of our 29th annual Energy Industry Survey contain a wealth of valuable… https://oilandenergyonline.com/articles/all/building-more-resilient-business/