May 2025

Catch up with 6 stories BIC subscribers clicked on the most this month!

Aramco signs $90B worth of MoUs and agreements with U.S. companies

Aramco, an integrated energy and chemicals company, announced the signing of 34 Memoranda of Understanding and agreements, with a potential total value of approximately $90 billion, with major US companies, through its Aramco Group Companies.

Infinium announces construction of eFuels production facility in Texas

The project, which includes investors Brookfield Asset Management and Breakthrough Energy Catalyst, is located in Reeves County, Texas, near the city of Pecos.

AFPM honors top refining and petrochemical facilities

These awards are a cornerstone of AFPM's comprehensive safety program, developed by the Safety and Health Committee to advance good practices, ensure safe operations and highlight facilities that demonstrate exceptional occupational and process safety performance.

Houston Ship Channel ranked No. 1 U.S. waterway

The 52-mile-long Houston Ship Channel serves more than 200 private and eight public terminals, in industries from petrochemicals and heavy machinery to consumer goods and energy.

ExxonMobil gets one step closer for new $10 billion Gulf Coast facility

Plans for ExxonMobil's $10 billion Gulf Coast plastics plant progressed this week when the Calhoun County Independent School District board unanimously voted to begin tax break negotiations with the company. 

Sunoco to acquire Parkland for $9.1B

Sunoco LP and Parkland Corporation announced that the parties have entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $9.1 billion, including assumed debt. 

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