Jim Reddinger News Today

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Stabilis Solutions Reports Record Second Quarter Revenues ACCESSWIRE HOUSTON, TX / ACCESSWIRE / August 4, 2021 / Stabilis Solutions, Inc., (Stabilis or the Company) (NASDAQ:SLNG), a leading provider of energy transition services including liquefied natural gas (LNG) and hydrogen fueling solutions, today reported its financial results for its second quarter ended June 30, 2021. Second Quarter and Recent Events Highlights: Reported revenues of $16.1 million, the highest second quarter revenues e...

Galveston teams with Stabilis Solutions on LNG fueling for ships Stabilis Solutions Inc. entered into a memorandum of understanding with the Port of Galveston to facilitate the use of LNG as a marine fuel. Aug 03, 2021 Stabilis is a provider of energy transition services including LNG and hydrogen fueling solutions. Under the MOU, the port and Stabilis will work together to provide turnkey LNG fueling solutions to marine vessels, including identifying suitable dock space for shore-to-ship fuel...

New LNG Bunkering Operation Coming to Galveston Later This Year by Ship & Bunker News Team Wednesday August 4, 2021 Port authority Galveston Wharves has signed a deal to bring a new LNG bunker supply operation to the port later this year. Galveston Wharves has signed a memorandum of understanding with gas company Stabilis Solutions to facilitate the use of LNG bunkers at the port, it said in a press release on Tuesday. The two organisations will work together to identify dock space for sho...

The company has completed its acquisition of the Port Allen LNG plant from HR Nu Blu Energy.

The energy transition services provider on Monday (1 st June) said that it had acquired the location from HR Nu Blue Energy. Terms of the deal were not disclosed. Strategically located in the eastern Gulf Coast region, the acquired facility has a nameplate production capacity of 30,000 LNG gallons per day, which will increase Stabilis’ total nameplate production capacity by approximately 30%. Commenting on the deal, Jim Reddinger, President and CEO of Stabilis, said, “We are excited with th...

Stabilis Expands LNG Bunkering Footprint With Louisiana Acquisition Houston-based Stabilis Solutions Inc. is expanding its reach in the growing liquified natural gas (LNG) bunkering sector with the acquisition of a production facility in Port Allen, LA. The fuels specialist said Tuesday it had completed the acquisition of the facility from HR Nu Blu Energy LLC for an undisclosed amount.  The small-scale plant came online in 2018 and has nameplate production capacity of 30,000 LNG gallons/day, ...

Through the deal, Stabilise expands to expand its LNG marine bunkering services in the Gulf region.

Stabilis has completed the acquisition of an LNG production facility from HR Nu Blu Energy, LLC.