Three decades of expertise, relationships, and results in the NY Harbor petroleum market.
Soundview Energy was founded by Nicholas Fasano, whose career in the petroleum industry began at Scallop Petroleum — a Royal Dutch Shell Group Company — in Houston, where he served as managing director of the light-end distillate trade group.
From there, Mr. Fasano founded Bridgeview Energy, a NY-based brokerage that became known for creative deal-making rooted in product blending, refinery processing, and products trading. Bridgeview became a conduit to processing deals for the royal family of Abu Dhabi, the exclusive bunker supplier for Poland's fishing fleet, and a premier liaison to Indonesia's LSWR market.
That global experience was ultimately focused inward on the New York Harbor, and the Soundview Energy model was born in 1991.
SVE engages in physical distillate, residual, and renewable products trading across several market locations, maintaining strong relationships with major refiners, global trading companies, and integrated brokerages.
SVE oversees overall product quality while optimizing a multitude of transportation assets including barge, pipeline, rail, and truck — ensuring timely delivery and minimized demurrage across all movements.
SVE specializes in financial futures trading to better manage physical inventory positions during volatile markets, with a 30+ year proven track record of protecting client margins.
An early adopter in aggressively marketing renewable products, SVE actively engages domestic and global biodiesel and renewable diesel markets — from R10 blends to maritime HVO bunker fuel.
Creative, customized buying options including fixed, cap, collar, Argus-plus, NYMEX-plus, and DTN intraday programs — each tailored to individual buyer risk profiles and market conditions.
Operating in complete partnership with Approved Oil Company, SVE brings unmatched depth in supply, logistics, and customer service — backed by a brand trusted in the NY Harbor since 1932.
SVE operates in complete partnership with Approved Oil Company — one of the premier fuel distributors in the NY Harbor. The Approved Oil brand has been a mainstay since 1932. Together, the partnership brings unmatched depth across supply, logistics, and customer service.
SVE's mission is to empower its core clientele to achieve excellence in marketing while protecting margins in volatile market conditions.
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