.January 23, 2024

Largely supported by natural gas, the Texas electric grid remains resilient amid Winter Storm Heather

Required weatherization of power generation facilities, ensuring power was prioritized for oil and natural gas field operations, ancillary services, and enhanced communication between the Texas Division of Emergency Management, PUC, ERCOT and the Railroad Commission of Texas all resulted in Texans remaining warm in their homes.

Bloomberg and Ørsted announce 15-year renewable energy purchase power agreement

This is Ørsted's largest solar project in the U.S., as well as the company's first project to incorporate conservation efforts with the protection of native tallgrass prairie. Read More

Solar companies raise $34.3 billion in corporate funding in 2023, the largest amount in a decade

Total corporate funding, including venture capital funding, public market, and debt financing into the solar sector, came to $34.3 billion in 2023. This was the largest amount raised in over a decade. Read More

Port of Corpus Christi customers moved record tonnage through waterway in 2023

Port of Corpus Christi customers set a new high mark in annual tonnage during 2023, moving more than 200 million tons of goods through the Corpus Christi Ship Channel for the first time in its history. Read More

W.R. Grace making plans to expand 3 facilities in Louisiana

W.R. (Grace), a manufacturer of specialty catalysts and materials for the energy, petrochemical and industrial sectors, is preparing for major growth with an approximately $300 million expansion across three of its key Louisiana facilities in Baton Rouge, Norco and Sulphur. Read More

Sunoco to buy NuStar Energy in $7.3 billion deal

The deal, which has been approved by the boards of both the companies, will give Sunoco access to NuStar's transportation and storage facilities, including a portfolio of about 9,500 miles of pipeline and 63 terminals. Read More

Valuable Resources

BIC Photos: CLIMAX Annual Customer Appreciation Event
BIC Website: People Going Places
BIC Video: Merichem CEO Kendra Lee discusses the sale of the company’s technology business unit to Black Bay
BIC Website: Natural Gas/LNG

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