Approved Oil :: Wholesale Division

Wholesale Division

Wholesale-1-NEW.pngIn addition to being one of the largest energy providers in the Greater New York Metropolitan Area, Approved Oil is also a leading wholesaler of Ultra Low Sulfur heating oil, No.4 heating oil, Ultra Low Sulfur Diesel ("on road" and "off road") and Biodiesel. Our wholesale business is run out of four strategically located deep water terminals in The Bronx, Newark (NJ), Pennsauken (NJ), and Baltimore (MD), leased from Buckeye Partners L.P.

The Approved Oil Wholesale Division operates through Soundview Energy, Inc., headed by its President and founder, Nick Fasano. Soundview Energy has been in the global energy business since 1991 and has traded oil in a variety of markets around the world. In addition to its global experience Soundview has been successfully involved in the New York City market for the past 23 years.

Approved Oil’s partnership with Soundview guarantees customer satisfaction that comes from experience, success and impeccable reputation. Our creative marketing model allows us to remain a top industry competitor, while simultaneously managing risk.

For more information about Approved Wholesale and Soundview Energy, please contact 203 822 7400 or email

Meet the Wholesale Team

Our team of dedicated wholesale professionals maintains consistent and direct communication to ensure each client’s customized needs are being prioritized each day.

For customer support, or general wholesale inquiries, feel free to contact our team leaders directly:

Leonard Camporeale - National Wholesale Director

Lenny3_NEW.pngLeonard Camporeale works alongside Nick Fasano and Nick Fasano Jr. of Approved Energy to coordinate the joint expansion of Approved’s Wholesale Group.

Prior to joining the Approved team, “Lenny” enjoyed a noteworthy career within both supply-side trading and wholesale sales. He began his career in the 1980s with Coastal Oil and Gas, where he engaged in contract negotiations and global arbitrages with foreign counterparts. After a successful tenure and wide-ranging exposure, he transitioned to management level roles within the industry, including Product Supply Risk Trading Manager at Total in the 1990s and Supply Manager at Stuyvesant Oil in the 2000s.

When Stuyvesant Oil sold its 149th Street Bronx Terminal Business to the Hess Corporation, Lenny joined Hess to focus on NY Harbor and East Coast wholesale marketing, Over the course of five years, he was able to draw upon his knowledge of supply-side trading and logistics to bring unparalleled value downstream to the wholesale markets he served. His open communication style and industry insights proved a valuable asset in growing sales and attracting mutually beneficial entrepreneurial opportunities between his customers and Hess.

Most recently, Lenny has worked for TAC Energy as a Senior Trader and United Metro Energy as a Supply Manager.

Lenny earned his BS in marketing from Manhattan College and successfully completed his Series 4 commodities exam. Outside of work, Lenny enjoys golfing, bowling, and spending time with his family.

Cell Phone: (732) 439-4636

Daniel Falcone

Daniel_Falcone.pngOver the past 20+ years, Daniel has been active in nearly every facet of the downstream petroleum space. As a former owner of a New York Harbor retail oil company, he intimately understands the needs of the market, ranging from supply reliability to operational flexibility. More recently, Daniel has dedicated himself to becoming a pioneer in the burgeoning biodiesel and renewable fuel industry. He joins us from the Renewable Energy Group, where he amassed an immense understanding of the physical and financial incentives associated with renewable fuels. “Value Add. This is what I plan to bring to the wholesale community. My goal is to further the group’s goal of being an industry leader in creative price offerings and utilize my expertise to unleash the hidden values of the renewable space within each customer’s book.”

Cell Phone: (917)533-4853