Approved Oil
Electricity, Oil & Gas · New York, United States · 116 Employees
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About
Headquarters
6717 4th Ave, Brooklyn, New York, 11220, United...Phone Number
(718) 238-1050Website
www.approvedoil.comRevenue
$111.1 MillionIndustry
Most Recent Scoops
Highlights
<$5M
Total Funding Amount
<$5M
Most Recent Funding Amount
1
Number of Funding Rounds
Who is Approved Oil
Approved Oil has been providing exceptional service in New York City since 1932. Over the years, we have supplemented our Oilheat delivery with imp ortant new services that greatly benefit our customers. We now offer total care for our customers' heating equipment, including preventive maintenance, emergency service and installation of new equipment. Our service contracts provide regular preventive maintenance and help control repair costs. We have also added a number of services that make it easier to buy fuel. Our budget plan makes payment more manageable, and our price protection protects customers against inflation. Exceptional service and innovation have helped Approved Oil become the largest family-owned oil company in New York City. We recently grew our business five-fold in a 10-year span, and we now have 150 employees and 84 vehicles, operating out of our new, state-of-the-art facility in Bayridge, Brooklyn. Despite our phenomenal growth, we are as committed as ever to the needs of each individual customer. We've come a long way with this philosophy, and we will never waver.Read more
Popular SearchesApproved Oil CoApproved Oil Co of Brooklyn IncApproved OilApproved Energy LLCApproved EnergySIC Code 51,517NAICS Code 45,457Show moreApproved Oil Org Chart
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Approved Oil financials insights
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Approved Oil News & Media
Approved Oil Company consigue un contrato plurianual exclusivo para abastecer de gasóleo renovable a todas las agencias de Nueva York, impulsando iniciativas ecológicas en toda la ciudad
NUEVA YORK, 1 de diciembre de 2023 /PRNewswire-HISPANIC PR WIRE/ -- Approved Oil Company, líder del sector en soluciones energéticas, se enorgullece de anunciar un logro revolucionario que remodelará el futuro del transporte en la ciudad de Nueva York. En un acto histórico, Approved Oil...Approved Oil Company Secures Exclusive Multi-Year Deal to Power All NYC Agencies with Renewable Diesel, Boosting Green Initiatives Citywide
NEW YORK, Dec. 1, 2023 /PRNewswire/ -- Approved Oil Company, an industry leader in energy solutions, is proud to announce a groundbreaking achievement that will reshape the future of transportation in New York City. In a historic move, Approved Oil Company has emerged as a leader in the...Approved Energy Enters Pennsylvania Power Markets
Will Serve All Customers and Service Areas NEW YORK, Jan. 17, 2023 /PRNewswire/ -- Approved Energy, a leading provider of energy products and services headquartered in New York City, has been granted a license by the Pennsylvania Public Utility Commission to serve all classes of electric...Approved Oil Co. Enters Updated Credit Facility
BROOKLYN, N.Y., Nov. 7, 2022 /PRNewswire/ -- Approved Oil Co. of Brooklyn, Inc. (the "Company" or "Approved Oil"), announced today that it has entered an amended and restated asset-based credit facility (the "Credit Facility"), which expires in October 2027 and provides the borrower under...
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Frequently Asked Questions Regarding Approved Oil
Approved Oil has been providing exceptional service in New York City since 1932. Over the years, we have supplemented our Oilheat delivery with important new services that greatly benefit our customers. We now offer total care for our customers' heating equipment, including preventive maintenance, emergency service and installation of new equipment... Read More