March 9, 2023

Marathon Petroleum Corp. announces acquisition of LF Bioenergy

Marathon Petroleum Corp. announced the acquisition of a 49.9% interest in LF Bioenergy, an emerging producer of renewable natural gas (RNG) in the United States, from Cresta Fund Management for $50 million. Read More

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Refinery finds method to seal and secure leaking tubes in heat exchangers

An oil refinery customer recently had an issue with leaking tubes in one of its Fin Fan Exchangers. Read the case study on how it came to be that a step design that plugs the tube sheet hole directly while also providing a support structure for the remaining tube still in place came to the rescue. Read More

CERAWeek: bp says fuel efficiency has more impact on oil demand than EVs

Fuel efficiency in new light vehicles is having a bigger impact on fuel demand than rising sales of electric vehicles, BP Chief Executive Bernard Looney said at CERAWeek. Read More

U.S. says intel suggests pro-Ukrainian group sabotaged Nord Stream pipelines

New intelligence reviewed by U.S. officials suggests that a pro-Ukrainian group of likely Ukrainian or Russian nationals carried out the attack on the Nord Stream pipelines last year, but the intelligence reached no firm conclusions, the New York Times reported. Read More

Wind, solar and batteries increasingly account for more new U.S. power capacity additions

In 2023, these three technologies account for 82% of the new, utility-scale generating capacity that developers plan to bring online in the United States, according to our Preliminary Monthly Electric Generator Inventory. Read More

CERAWeek: Chevron CEO says natural gas markets fundamentally changed by war

The global natural gas market has been more fundamentally changed for the long term than the oil market by Russia's invasion of Ukraine, Chevron Corp Chief Executive Mike Wirth said at CERAWeek. Read More

AFPM 2023 International Petrochemical Conference

IPC is one of the largest petrochemical events in the world, attracting more than 3,000 participants from 525 companies in 55 different countries. In addition to private meeting spaces and networking events, attendees will hear from industry leaders on key political, economic and environmental issues facing the petrochemical industry. Register

Valuable Resources

• BIC Video: Pepperl+Fuchs shares innovative solutions
• BIC Website: Top News on BICMagazine.com
• BIC Podcast: Advisian Americas' Paul Sullivan discusses topics for the upcoming American LNG Forum
• BIC Social Media: Follow us on Instagram
  

Top Jobs of the Week

• Senior Mechanical Engineer - Houston, TX
• Industrial Cleaning Services Manager - Atlanta, GA
• Account Manager - Baton Rouge, LA
• Regional Operations Manager- Industrial Cleaning - Houston, TX

See more at BICRecruiting.com

VIDEO: HASC | Safety Essentials

Safety Essentials addresses the challenges industry faces with onboarding and ongoing training compliance. Safety Essentials has been engineered to be more effective, engaging, and meaningful for learners. Watch

Upcoming Industry Events

• S&P Global CERAWeek - Mar 6-10, Houston, TX
• 4th American LNG Forum - Mar 13-14, Houston, TX

• AFPM 2023 International Petrochemical Conference - Mar 26-28, San Antonio, TX

• 4C Conference - Apr 5-7, Austin, TX

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