Gulf Coast of the United States

Bridging the Gap: Storage & Distribution in the Hydrogen Value Chain, IDTechEx Report

Retrieved on: 
Tuesday, August 15, 2023
Hydrogen, LRC, FCEV, Gulf Coast of the United States, IV, Uniper, Daimler Truck, H2, Linde, Safety, Hyundai Nexo, LOHC, Port, Kawasaki Heavy Industries, Port of Rotterdam, CHP, Suiso Frontier, Toyota, Nexø, US, Air Liquide, GKN, McDermott, Traction, Vopak, Hyundai, Orangi Pilot Project, Ammonia, Mucolipidosis type IV, LH2, Natural gas, Distribution, Hexagon, Mirai, Air Products, Heat, Transport, Compression, HESC, Chiyoda Corporation, Hyundai ix35 FCEV, Propane, Industrial gas

For a more in-depth exploration of each technology and associated commercial activities, please refer to IDTechEx's new market report, " Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications ".

Key Points: 
  • For a more in-depth exploration of each technology and associated commercial activities, please refer to IDTechEx's new market report, " Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications ".
  • Safety risks with compressed gas storage and boil-off issues with liquid H2 storage lead to hydrogen loss, further exacerbating the challenges.
  • Compressed gas and liquid hydrogen storage tanks will likely continue to serve stationary storage applications, such as hydrogen refueling stations.
  • The new "Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications" report offers an exhaustive overview of the value chain, including technological analyses, comparisons, commercial activities, innovations, and market trends.

Global Management Partners Acquires Koch Project Solutions

Retrieved on: 
Monday, August 14, 2023
GMP, KPS, Growth, EPC, Gulf Coast of the United States, KES, Acquisition, Construction

GREER, S.C., Aug. 14, 2023 /PRNewswire-PRWeb/ -- Global Management Partners (GMP), based in Greer S.C., is pleased to announce the acquisition of Koch Project Solutions (KPS), a Koch Engineered Solutions (KES)-owned company based in Houston, Texas.

Key Points: 
  • S.C.-based Global Management Partners (GMP) announces the acquisition of Koch Project Solutions, a Koch Engineered Solutions (KES)-owned company based in Houston, Texas.
  • GMP is a growing comprehensive Project Management Contractor, and this move expands its EPC project management and project delivery services into the Gulf Coast region.
  • GREER, S.C., Aug. 14, 2023 /PRNewswire-PRWeb/ -- Global Management Partners (GMP), based in Greer S.C., is pleased to announce the acquisition of Koch Project Solutions (KPS), a Koch Engineered Solutions (KES)-owned company based in Houston, Texas.
  • GMP is a growing comprehensive Project Management Contractor and, with its new KPS acquisition, will expand its geographical reach into the Gulf Coast region while allowing the company to continue providing quality EPC project management and project delivery services its customers have come to expect.

United States Green Hydrogen Industry Report 2023-2028: Sustainable Solutions and Expanding Applications Fuels Expansion

Retrieved on: 
Monday, August 14, 2023
Hydrogen, National Renewable Energy Laboratory, Gulf Coast of the United States, Climate, Electrolysis, National Fire Protection Association, Public, Oxygen, Business Energy Investment Tax Credit, Electricity, United States Department of Energy, Tax, United States Code, Plug Power, Climate change mitigation, Research, Carbon, DOE, Primary energy, Government, Wind, Competition, Organization, Green hydrogen, Climate change, Application, Code, Air Products, Growth, Federation, City, Transport, Relaxation, NREL, Retail, Renewable energy, Electric battery

The United States Green Hydrogen market is poised for substantial growth in the forecast period up to 2028.

Key Points: 
  • The United States Green Hydrogen market is poised for substantial growth in the forecast period up to 2028.
  • Additionally, state and federal policies, grants, and incentives further promote the growth of the green hydrogen market, setting the stage for a cleaner, more sustainable energy future in the United States.
  • Therefore, owing to the above factors, the United States ' green hydrogen market is going to rise in the forecasted period.
  • Nel Hydrogen's "Herning Hydrogen Hub": Nel Hydrogen is developing a green hydrogen production facility in Herning, Denmark, which will be powered by wind energy.

8 Rivers' Calcite Technology Wins Department of Energy DAC Hub Grant Funding

Retrieved on: 
Friday, August 11, 2023
Carbon, Front-end loading, Georgia Tech, University, Alabama Power, U.S. Department of Defense Strategy for Operating in Cyberspace, Atmosphere, River, Carbon dioxide, Southern States Energy Board, Gulf Coast of the United States, DOE, DAC, FEED, Project team builder, XPRIZE, International Energy Agency, Growth, Project team, CO2, Commerce, RTI International, Cement, Renewable energy, Calcite, Energy, Frontier, Southern Company

DURHAM, N.C., Aug. 11, 2023 (GLOBE NEWSWIRE) -- 8 Rivers’ cutting-edge Calcite technology was announced as a winner of the U.S. Department of Energy’s Direct Air Capture (DAC) Hub grant, as an anchor technology in the Alabama regional DAC hub led by Southern States Energy Board.

Key Points: 
  • Southeast DAC Hub Team wins DOE funding, with Calcite to design a facility to capture 50,000 tonnes per year of CO2 from air in Mobile County, Alabama
    DURHAM, N.C., Aug. 11, 2023 (GLOBE NEWSWIRE) -- 8 Rivers ’ cutting-edge Calcite technology was announced as a winner of the U.S. Department of Energy ’s Direct Air Capture (DAC) Hub grant , as an anchor technology in the Alabama regional DAC hub led by Southern States Energy Board.
  • 8 Rivers’ cutting-edge Calcite DAC technology uses a calcium sorbent to capture CO2 directly from the air and sequester it safely underground.
  • 8 Rivers’ Calcite facility will serve as an anchoring technology for the SEDAC Hub, and a key component of the global push for Net Zero by 2050 .
  • The SEDAC Hub is led by the Southern States Energy Board in coordination with site host Alabama Power Company.

Team of Battelle, Climeworks, Heirloom Receive Notification of Selection on Direct Air Capture Hub from U.S. Department of Energy

Retrieved on: 
Friday, August 11, 2023
Other Energy, Mining, Minerals, Environmental Health, Alternative Energy, White House, Federal Government, Energy, State, Local, Natural Resources, Environment, Green Technology, Climate Change, Public Policy, Government, Secretary of State of Louisiana, U.S. Department of Energy, Office of Inspector General, Commercialization, Gulf Coast of the United States, U.S. Department of Defense Strategy for Operating in Cyberspace, Life, Atmosphere, Selection, Policy, Direct air capture, Carbon, DOE, Primary energy, DAC, Climeworks, Investment, Hong Kong Applied Science and Technology Research Institute, Cypress, Economic development, GCS, Climate, Ecosystem, CO2, VI, Renewable energy, Heirloom

Battelle and leading clean technology developers Climeworks and Heirloom have received Notification of Selection from the U.S. Department of Energy (DOE) for a proposal for the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program.

Key Points: 
  • Battelle and leading clean technology developers Climeworks and Heirloom have received Notification of Selection from the U.S. Department of Energy (DOE) for a proposal for the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program.
  • “Carbon capture opens a new era of energy and manufacturing dominance for Louisiana.
  • “It’s for this reason that I wrote the original Direct Air Capture Hub program and ensured its inclusion in the infrastructure bill.
  • “Our talented energy workforce and embrace of lower carbon technologies make us the perfect fit for innovative projects like this Direct Air Capture Hub.

Ark Restaurants Announces Conference Call

Retrieved on: 
Wednesday, August 9, 2023
Retail, Restaurant, Bar, Food, Beverage, Gulf Coast of the United States, Tropicana, Bensusan Restaurant Corp. v. King, Rustic Inn, Internet, Hard Rock Cafe, Seminole, Security (finance), Spanish Fort, News, Planet Hollywood Las Vegas, Hard Rock Hotel and Casino, Hotel, Biloxi Shuckers

Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call for investors and analysts to discuss financial results for the third quarter ended July 1, 2023 on Tuesday, August 15, 2023 at 11:00 a.m. Eastern Time.

Key Points: 
  • Ark Restaurants Corp. (NASDAQ:ARKR) will hold a conference call for investors and analysts to discuss financial results for the third quarter ended July 1, 2023 on Tuesday, August 15, 2023 at 11:00 a.m. Eastern Time.
  • The dial-in numbers to participate in the conference call are:
    The Company will also broadcast its conference call over the Internet.
  • A replay of the broadcast will be available within three hours of the call, and will be available until Tuesday, August 22, 2023, 11:59 p.m. Eastern Time.
  • The dial-in telephone numbers for the replay are:
    Ark Restaurants owns and operates 17 restaurants and bars, 16 fast food concepts and catering operations primarily in New York City, Florida, Washington, DC, Las Vegas, Nevada and the gulf coast of Alabama.

Genesis Energy, L.P. Authorizes Common Unit Repurchase Program

Retrieved on: 
Tuesday, August 8, 2023
Other Energy, Oil, Gas, Natural Resources, Energy, Other Transport, Maritime, Transport, Mining, Minerals, Partnership, Gulf Coast of the United States, FN Minimi, Genesis Energy, GEL, Gulf of Mexico, Genesis, Bank, Security (finance)

This Program is in addition to our opportunistic repurchases of our outstanding Class A Convertible Preferred units, of which to date we have redeemed a total of $50 million.

Key Points: 
  • This Program is in addition to our opportunistic repurchases of our outstanding Class A Convertible Preferred units, of which to date we have redeemed a total of $50 million.
  • The Program does not obligate GEL to acquire a particular number of Class A common units and any Class A common units of GEL that are repurchased will be canceled.
  • 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.

Denbury Reports Second Quarter 2023 Financial and Operational Results

Retrieved on: 
Thursday, August 3, 2023
Alternative Energy, Energy, Other Energy, Oil, Gas, LOE, Bell Creek, CCA, Tinsley, Public expenditure, WTI, Depreciation, BOE, Beaver Creek, Hand, CO2, EOR, Gulf Coast of the United States, Rocky Mountains

Second quarter 2023 commodity hedging receipts totaled $5 million, or $1.24 per Bbl.

Key Points: 
  • Second quarter 2023 commodity hedging receipts totaled $5 million, or $1.24 per Bbl.
  • Lease operating expenses (“LOE”) in second quarter 2023 totaled $130 million, or $30.48 per barrel of oil equivalent (“BOE”).
  • Denbury ended the second quarter with $85 million borrowed on the Company’s bank credit facility, up $56 million from the end of 2022.
  • Average production from the West Yellow Creek field was 443 Bbl/d for Denbury in the second quarter of 2023.

Culverhouse Contributes $100,000 to Support Sarasota Mental Health Court To Bridge Shortfall

Retrieved on: 
Thursday, August 3, 2023
Learning, Gulf Coast of the United States, Prison, University, Education, MBA, Private practice, Certified Public Accountant, Imprisonment, Culverhouse, Natural Resources, Business administration, CTC, CPA, Security (finance), Mental health, Nursing, Science, New York University

SARASOTA, Fla., Aug. 3, 2023 /PRNewswire/ -- After learning about the public funding shortfall for the Sarasota County Comprehensive Treatment Court (CTC) this year, attorney and CEO of Palmer Ranch Holdings Hugh Culverhouse Jr. contributes $100,000 to ensure the 2023 program is fully funded. CTC is a mental health diversion program implemented in the local courts that helps move individuals who commit non-violent offenses suffering from mental health disorders out of the jails and into treatment programs.

Key Points: 
  • CTC is a mental health diversion program implemented in the local courts that helps move individuals who commit non-violent offenses suffering from mental health disorders out of the jails and into treatment programs.
  • "When I saw the dramatic impact this program is making and heard that the public funding fell short, I wanted to do more," said Hugh Culverhouse Jr. "Supporting mental health initiatives helps destigmatize mental health issues and provides critical resources for individuals struggling with mental illnesses, leading to healthier and more resilient communities."
  • The contribution follows recent donations from Culverhouse and the Gulf Coast Community Foundation.
  • Culverhouse currently serves as the CEO of Palmer Ranch Holdings Ltd in Sarasota, FL.

The Presidio Group Advises Group 1 Automotive on the Sale of Nissan of Mobile

Retrieved on: 
Thursday, August 3, 2023
Finance, Automotive, General Automotive, Public Relations, Investor Relations, Banking, Communications, Business, Professional Services, Other Automotive, Group 1 Automotive, Presidio, Group 1, Appetite, Sale, GPI, Kia, Acquisition, Investment, Transport, NYSE, Financial services, Gulf Coast of the United States, Nissan, Subaru, Daphne

The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Group 1 Automotive Inc. (NYSE: GPI) on the sale of Nissan of Mobile in Mobile, Ala., to Tameron Gulf Coast, a dealership group in Daphne, Ala.

Key Points: 
  • The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the automotive retail and consumer mobility sectors, exclusively advised Group 1 Automotive Inc. (NYSE: GPI) on the sale of Nissan of Mobile in Mobile, Ala., to Tameron Gulf Coast, a dealership group in Daphne, Ala.
    For Tameron Gulf Coast, the acquisition of Nissan of Mobile gives it a sixth dealership along the popular and growing Gulf Coast.
  • Tameron already owned a Subaru store in Mobile; Honda, Buick-GMC and Chrysler-Dodge-Jeep-Ram-Fiat dealerships in Daphne; and a Kia store in nearby D’Iberville, Miss.
  • “It has been an honor to help Group 1 Automotive execute this important transaction,” said Alex Watterson, managing director of The Presidio Group.
  • “We are so pleased to help Group 1 and Tameron Gulf Coast execute this important deal.”
    The Presidio Group provided exclusive M&A advisory services to Group 1 Automotive through its wholly owned investment bank, Presidio Merchant Partners LLC.