Image

January 2024

 

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

 

 

Chesapeake Energy and Southwestern Energy combine in $7.4 billion all-stock transaction

Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock outstanding at closing.

 

 

U.S. monthly dry natural gas production set a new record in December 2023

U.S. dry natural gas production in the Lower 48 states reached an all-time monthly high of 105.5 billion cubic feet per day (Bcf/d) in December 2023, according to data from S&P Global Commodity Insights.

 

EIA expects average U.S. gasoline and diesel prices to decrease in 2024 and 2025

In EIA's January Short-Term Energy Outlook (STEO), the average U.S. retail gasoline prices are expected to decrease in 2024 because of increased inventories related to increased refinery capacity.

 

VIDEO: The state of the chemical industry with American Chemistry Council CEO Chris Jahn

Jeremy Osterberger speaks with Chris Jahn, CEO, of the American Chemistry Council, who breaks down the American chemical industry, including key insights on economic conditions, regulatory impacts, and the role of the U.S. in global chemical manufacturing.

 

 

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

Texans faced brutally cold weather from Winter Storm Heather, which brought prolonged sub-freezing temperatures across the state as well as wintery precipitation.

 

 

Aramco expands global venture capital program with $4B funds injection

It will more than double the capital allotted to Aramco Ventures, increasing its total investment allocation from $3 billion to $7 billion.

Expansions | Resources | Jobs | Events

Facebook TwitterLinkedInYouTubeInstagram

Copyright © 2024, BIC Magazine, All rights reserved.

 

BIC Magazine

Advertising Information * Contact Us

BICMagazine.com

For newsletter questions, contact
Brad Martin, Digital Operations Manager

BIC Alliance
311 Columbia Memorial Pkwy
Kemah, TX 77565