{"id":42887,"date":"2024-01-02T11:19:06","date_gmt":"2024-01-02T11:19:06","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/u-s-energy-acquires-two-refined-product-terminals-in-illinois\/"},"modified":"2024-01-02T11:19:06","modified_gmt":"2024-01-02T11:19:06","slug":"u-s-energy-acquires-two-refined-product-terminals-in-illinois","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/u-s-energy-acquires-two-refined-product-terminals-in-illinois\/","title":{"rendered":"U.S. Energy\u2122 Acquires Two Refined Product Terminals in Illinois"},"content":{"rendered":"
\n

Appleton, Wis., Jan. 02, 2024 (GLOBE NEWSWIRE) — U.S. Energy<\/a>\u2122, a leading provider of refined products, alternative fuels, and environmental credits, acquired two refined product terminals in Mount Prospect and Rockford, Illinois.<\/p>\n

With the addition of these facilities, U.S. Energy now owns and operates 37 terminals across nine states with a collective storage capacity of over eight million barrels. The Mount Prospect and Rockford facilities contribute 380,000 \u00a0and 320,000 barrels of storage, respectively.<\/p>\n

\u201cThis acquisition complements our existing footprint in the Midwest,\u201d shared Josh Hermus, vice president of business development at U.S. Energy. \u201cWhile we already have a presence in Illinois from a renewable natural gas development and distribution standpoint, these terminals are our first owned and operated refined product assets in the state\u2014allowing us to better serve our customers and partners in PADD 2 markets.\u201d<\/p>\n

Each terminal is fed by pipeline with Mount Prospect receiving product from the West Shore pipeline (which also feeds the company\u2019s Milwaukee terminals), and Rockford receiving product from the Badger pipeline (which also feeds the company\u2019s Madison terminals).<\/p>\n

\u201cWe are excited to welcome four legacy employees from these facilities to the U.S. Energy team,\u201d shared Dan Morrill, vice president of operations at U.S. Energy. \u201cAcross our terminal network, we pride ourselves on our customer service, safety record, site uptime, and throughput turnaround. We are confident these team members will help us replicate this at our new locations.\u201d \u00a0<\/p>\n

Vertically integrated across the energy supply chain, U.S. Energy is positioned to help wholesale, retail, and commercial customers store, market, and receive product through its network of 37 owned and operated terminals. Combining its in-house trading floor, multimodal logistics capabilities, and nationwide supply network, U.S. Energy is helping organizations solve for their supply needs. For more information on throughput opportunities at these terminals, contact Alison Schmidt at aschmidt@us-energy.com<\/a>. \u00a0<\/p>\n

####<\/p>\n

About U.S. Energy<\/b><\/p>\n

U.S. Energy, a\u00a0U.S. Venture<\/a>\u00a0company, is a leading vertically integrated solutions provider proficient in refined products, alternative fuels, and environmental credits. Over our 70-year tenure, we\u2019ve diversified throughout the energy supply chain\u2014offering realistic, executable strategies that satisfy your economic and environmental goals. From energy project development, distribution, and marketing through wholesale, commercial, and retail channels, we partner with organizations\u2014providing comprehensive support for any fuel or energy type. U.S. Energy’s asset portfolio of more than 35+ refined product terminals, 40 renewable natural gas development projects, 50 alternative fuel stations, and two forestry projects helps our customers Stay Ahead\u00ae. Driven to be the very best and most trusted energy solutions provider dedicated to finding a better way toward a sustainable future, U.S. Energy is uniquely positioned to help organizations navigate the evolving energy industry. For more information, visit\u00a0www.us-energy.com<\/a>.\u00a0<\/p>\n\n <\/div>\n","protected":false},"excerpt":{"rendered":"

Appleton, Wis., Jan. 02, 2024 (GLOBE NEWSWIRE) — U.S. Energy\u2122, a leading provider of refined products, alternative fuels, and environmental credits, acquired two refined product terminals in Mount Prospect and Rockford, Illinois. With the addition of these facilities, U.S. Energy now owns and operates 37 terminals across nine states with a collective storage capacity of […]<\/p>\n","protected":false},"author":2,"featured_media":42888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/bafa8188-d868-4b85-a7d2-6d57ebfadcef","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-42887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/42887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=42887"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/42887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/42888"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=42887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=42887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=42887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}