In addition to being one of the largest energy retailers in the Greater New York Metropolitan Area, Approved Oil is also a leading wholesaler of Ultra Low Sulfur heating oil, No.4 heating oil, No.6 heating oil, Ultra Low Sulfur Diesel ("on road" and "off road") and Biodiesel. The wholesale business is run out of two strategically located deep water terminals in New York Harbor. One is in The Bronx (at 149th Street) and the other is in Brooklyn (at Court Street). Approved Oil is a significant stockholder in both locations, having signed a multi-year agreement to lease these terminals from Buckeye Partners L.P.
The Approved Oil Wholesale Division is run by 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 chose Soundview to run its wholesale division because of Soundview's experience, success and impeccable reputation. Soundview brings an array of creative marketing concepts to its customers, which allows them to be competitive and at the same time manage their risk. You can contact Soundview Energy at 201 461 0012 or by email at firstname.lastname@example.org.
Meet the Wholesale Team
Our team serves wholesale accounts by maintaining consistent, 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:
Over 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.”
Jim brings to the team a proven track record developed over 30+ years served with the Hess Corporation and Direct Energy. His extensive knowledge of the New York Harbor, Northeast and Mid-Atlantic markets will be leveraged to create value for Approved Oil’s existing and prospective customers. “My approach is always centered on building long-term mutually beneficial relationships. I am excited to join a team with a reputation built upon excellence in service and plan to enhance this brand identity.”