Gulf Coast of the United States

Genesis Energy, L.P. Sets Date for Release of Third Quarter Results and Conference Call

Retrieved on: 
Wednesday, October 25, 2023

Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Third Quarter ended September 30, 2023 on November 2, 2023, before the market opens.

Key Points: 
  • Genesis Energy, L.P. (NYSE: GEL) will announce its earnings for the Third Quarter ended September 30, 2023 on November 2, 2023, before the market opens.
  • Genesis Energy, L.P.’s Third Quarter Earnings Conference Call will be held Thursday, November 2, 2023, at 9:30 a.m. Central time (10:30 a.m. Eastern time).
  • Genesis’ operations include offshore pipeline transportation, soda and sulfur services, marine transportation and onshore facilities and transportation.
  • Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

Summit Financial Recognized as the Fastest Growing RIA in Louisiana for 2023

Retrieved on: 
Sunday, October 22, 2023

LAFAYETTE, La., Oct. 22, 2023 /PRNewswire-PRWeb/ -- Summit Financial Wealth Advisors ("Summit"), one of the largest independent wealth advisory firms in Louisiana, is proud to announce that CityWire magazine has recognized the firm as the fastest growing registered investment advisor ("RIA") in Louisiana for 2023. David Daniel, founder and Managing Partner, traveled to Austin to accept the award on behalf of the Summit team on September 28th, 2023.

Key Points: 
  • Summit Financial Wealth Advisors, one of the largest independent wealth advisory firms in Louisiana, is proud to announce that CityWire magazine has recognized the firm as the fastest growing registered investment advisor ("RIA") in Louisiana for 2023.
  • LAFAYETTE, La., Oct. 22, 2023 /PRNewswire-PRWeb/ -- Summit Financial Wealth Advisors ("Summit"), one of the largest independent wealth advisory firms in Louisiana, is proud to announce that CityWire magazine has recognized the firm as the fastest growing registered investment advisor ("RIA") in Louisiana for 2023.
  • David Daniel, founder and Managing Partner, traveled to Austin to accept the award on behalf of the Summit team on September 28th, 2023.
  • We believe that we've only scratched the surface of our potential though.

Autonomous Maritime Drone Manufacturer Ocean Aero Opens 63,000-Square-Foot Facility on Gulf Coast

Retrieved on: 
Tuesday, October 17, 2023

Ocean Aero announces the opening of their new headquarters and manufacturing facility located at the Port of Gulfport on the Mississippi Gulf Coast.

Key Points: 
  • Ocean Aero announces the opening of their new headquarters and manufacturing facility located at the Port of Gulfport on the Mississippi Gulf Coast.
  • With 63,000 square feet of state-of-the-art production capacity, the new Ocean Aero facility represents America’s latest addition to the industrial manufacturing base.
  • View the full release here: https://www.businesswire.com/news/home/20231017451588/en/
    Autonomous Maritime Drone Manufacturer Ocean Aero Opens 63,000-Square-Foot Facility on Gulf Coast.
  • MDA congratulates the Ocean Aero team on the opening of this new facility and looks forwards to the company’s continued progress on the Gulf Coast."

HyVelocity Selected by U.S. Department of Energy to Develop Gulf Coast Hydrogen Hub

Retrieved on: 
Friday, October 13, 2023

Houston, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Today, the HyVelocity Hub team announced it has been selected by the U.S Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for the development of the HyVelocity Gulf Coast Hydrogen Hub, which is estimated to receive up to $1.2 billion in Bipartisan Infrastructure Law funding.

Key Points: 
  • Houston, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Today, the HyVelocity Hub team announced it has been selected by the U.S Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for the development of the HyVelocity Gulf Coast Hydrogen Hub, which is estimated to receive up to $1.2 billion in Bipartisan Infrastructure Law funding.
  • HyVelocity is an industry-led hydrogen hub that includes seven core industry partners – AES Corporation, Air Liquide, Chevron, ExxonMobil, Mitsubishi Power Americas, Ørsted, and Sempra Infrastructure.
  • With more than 1,000 miles of dedicated hydrogen pipelines, 48 hydrogen production plants and dozens of hydrogen end-use applications, the Gulf Coast is already the heart of hydrogen infrastructure and use in the United States.
  • HyVelocity will build on the region’s diverse array of energy resources, including hydrogen production facilities and pipelines, renewable energy, a large base of industrial energy consumers, and a skilled workforce.

Mitsubishi Power Named a Sub-recipient in Two Clean Hydrogen Hubs Announced by U.S. Department of Energy

Retrieved on: 
Friday, October 13, 2023

Mitsubishi Power Americas has achieved another significant milestone in the company’s contributions to the development of world-class hydrogen hubs in the U.S.

Key Points: 
  • Mitsubishi Power Americas has achieved another significant milestone in the company’s contributions to the development of world-class hydrogen hubs in the U.S.
  • In response to the U.S. Department of Energy’s (DOE) request for cross sector hydrogen-based decarbonization solutions, Mitsubishi Power is a sub-recipient in two hydrogen hubs that have been selected to begin award negotiations with the U.S. DOE Office of Clean Energy Demonstrations .
  • Last year, the DOE opened applications for a $7 billion program to create regional clean hydrogen hubs (H2Hubs) across the country, which, according to the DOE will form a critical arm of America's future clean energy economy.
  • The Pacific Northwest Hydrogen Hub (PNWH2) aims to validate the DOE’s vision of a national clean hydrogen network by serving as a vehicle for funding multiple projects that accelerate the transition to clean hydrogen energy production and use.

Genesis Energy, L.P. Declares Quarterly Distribution

Retrieved on: 
Thursday, October 12, 2023

Genesis Energy, L.P. (NYSE: GEL) announced today that, on October 11, 2023, the Board of Directors of its general partner declared a distribution on Genesis’ common units and Class A Convertible Preferred Units attributable to the quarter ended September 30, 2023.

Key Points: 
  • Genesis Energy, L.P. (NYSE: GEL) announced today that, on October 11, 2023, the Board of Directors of its general partner declared a distribution on Genesis’ common units and Class A Convertible Preferred Units attributable to the quarter ended September 30, 2023.
  • Each holder of common units will be paid a quarterly cash distribution of $0.15 ($0.60 on an annualized basis) for each common unit held of record.
  • With respect to the preferred units, Genesis will pay a cash distribution of $0.9473 ($3.7892 on an annualized basis) for each preferred unit held of record.
  • Genesis’ operations are primarily located in the Gulf Coast region of the United States, Wyoming and the Gulf of Mexico.

Gulf Coast Sequestration Appoints Industry Veteran David Cook as CEO; W. Gray Stream Named Executive Chairman

Retrieved on: 
Wednesday, October 11, 2023

Gulf Coast Sequestration (GCS), a pioneering company building a secure, world-scale carbon sequestration hub on the Gulf Coast, today announced David “Dave” Cook as Chief Executive Officer, effective immediately.

Key Points: 
  • Gulf Coast Sequestration (GCS), a pioneering company building a secure, world-scale carbon sequestration hub on the Gulf Coast, today announced David “Dave” Cook as Chief Executive Officer, effective immediately.
  • W. Gray Stream, founder of GCS, will assume the role of Executive Chairman.
  • Completing the leadership team, Benjamin Heard will serve as Chief Strategy Officer, while Scott Stepp is Chief Financial Officer.
  • View the full release here: https://www.businesswire.com/news/home/20231011785806/en/
    “Dave brings extensive experience in our industry and an unmatched track record of performance delivery, organizational leadership, business transformation, and strategy execution,” said Stream.

AES Participating in Two Clean Hydrogen Hubs Awarded Funding by US Department of Energy

Retrieved on: 
Friday, October 13, 2023

ARLINGTON, Va., Oct. 13, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it is part of two Regional Clean Hydrogen Hubs receiving funding from the US Department of Energy. The two selections stand to receive up to $2.4 billion of grant funding allocated by the Bipartisan Infrastructure Law (BIL) to develop Clean Hydrogen Hubs across the country.

Key Points: 
  • ARLINGTON, Va., Oct. 13, 2023 /PRNewswire/ -- The AES Corporation (NYSE: AES) announced today that it is part of two Regional Clean Hydrogen Hubs receiving funding from the US Department of Energy.
  • The two selections stand to receive up to $2.4 billion of grant funding allocated by the Bipartisan Infrastructure Law (BIL) to develop Clean Hydrogen Hubs across the country.
  • "We are very pleased that two of the Regional Clean Hydrogen Hubs in which AES is participating were selected by the DOE to receive grants," said Andrés Gluski, AES President and Chief Executive Officer.
  • The Regional Clean Hydrogen Hubs program was established by the BIL and has allocated $7 billion to build 7 regional clean hydrogen hubs across the US, with a focus on creating networks of hydrogen producers, consumers and local infrastructure that advances the availability and use of clean hydrogen.

DEVELOPER OF THE RITZ-CARLTON RESIDENCES, ESTERO BAY SURPASSES 60 PERCENT SELL-OUT ON HEELS OF BREAKING GROUND

Retrieved on: 
Tuesday, October 10, 2023

NAPLES, Fla., Oct. 10, 2023 /PRNewswire/ -- On the heels of commencing construction this summer, The Ritz-Carlton Residences, Estero Bay are officially over 60 percent sold out, with purchases totaling $300 million to date and now under contract. The record sales pace for the city of Bonita Springs, Fla., and surge of activity is the result of unprecedented interest from buyers drawn to the unrivaled offerings and rare opportunity to live among nature on the shore of the thriving Estero Bay aquatic preserve. Led by visionary London Bay Development Group, the property will feature 224 distinguished residences within two elegant 22-story towers on nearly a mile of waterfront within the emerging village of Saltleaf on Estero Bay.

Key Points: 
  • In July, London Bay, city officials, development partners and friends gathered at the property's lavish sales gallery, at 5000 Coconut Road in Bonita Springs, to celebrate the groundbreaking.
  • Foot traffic through the stunning 5,000-square-foot space has been unrelenting throughout the season to seize the opportunity to call The Ritz-Carlton Residences, Estero Bay home.
  • The Ritz-Carlton Residences, Estero Bay are set within the new coastal village of Saltleaf on Estero Bay, a master-planned community that connects residents to over 500 acres of nature preserve.
  • The Ritz-Carlton Residences, Estero Bay are not owned, sold or developed by The Ritz-Carlton Hotel Company, L.L.C.

Zoom Drain to Open New Franchise Location on the Gulf Coast

Retrieved on: 
Thursday, October 5, 2023

MOBILE, Ala., Oct. 5, 2023 /PRNewswire/ -- Zoom Drain – a leading operator of drain and sewer services – opened its newest franchise in Mobile, AL, on Oct. 2. Located at 85 N. Sage Ave., Zoom Drain Gulf Coast will proudly serve the surrounding areas, including Mobile and Baldwin County in Alabama to Pensacola, FL. Currently, there are two Zoom Drain franchise locations in Alabama, with 56 total nationwide.

Key Points: 
  • Located at 85 N. Sage Ave., Zoom Drain Gulf Coast will proudly serve the surrounding areas, including Mobile and Baldwin County in Alabama to Pensacola, FL.
  • The owners of the new Zoom Drain location are Reilly Terrell, Russ Clarke, Judson Sanders, and Jonathan Rudolph.
  • All attended the University of Alabama and bring a wealth of previous professional experiences to their new roles as local owners of Zoom Drain Gulf Coast.
  • "We are thrilled to have the Gulf Coast team join the Zoom Drain team and bring their expert services to the Gulf Coast," said Jim Criniti, CEO of Zoom Drain.