.December 17, 2024

 

 

Improving well productivity helps U.S. oil companies increase production at a lower cost

In the first eight months of 2024, U.S. crude oil production has averaged a record high of 13.1 million b/d, making it likely the U.S. will be the world’s top producer of crude oil for the seventh consecutive year. Read More

Distributed natural gas pyrolysis for a sustainable energy future

As the U.S. seeks to modernize infrastructure and expand natural gas applications, cutting-edge technologies like natural gas pyrolysis are redefining the future of energy and materials. Read More

 

Carbon capture pipeline's future uncertain under potential tax credit repeal

The Summit Carbon Solutions' massive carbon dioxide pipeline project proposal would need to be reassessed if the United States repeals tax credits for carbon capture and storage. Read More

U.S. grid-scale energy storage with highest Q3 installations on record

The U.S. energy storage market continued its strong growth in Q3 of 2024, with the grid-scale segment setting a new Q3 record at 3,431 MW and 9,188 MWh deployed. Read More

 

INEOS Energy to acquire oil and gas assets in Gulf of Mexico

The third major investment by INEOS Energy in the U.S., in the past three years. Capital spend on energy assets in the U.S. now exceeds $3 billion, providing a strong platform for future growth. Read More

Phillips 66 agrees to sell interest in Gulf Coast Express

Gulf Coast Express Pipeline is an approximately 500-mile pipeline system that transports about 2 billion cubic feet per day of natural gas from the Permian Basin to the Agua Dulce, Texas area. Read More

 
 

Valuable Resources

  • BIC Podcast: BIC Weekly Industry Report

  • BIC Webinar: Preventing rotating equipment foundation failures
  • BIC Video: Modern Hydrogen: Decarbonizing natural gas with methane pyrolysis
  • Featured Content: More power: ALL Crane sets two generators that double Minnesota dam’s capacity for electricity
 

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