.August 22, 2023

U.S. natural gas pipeline exports to Mexico set monthly high in June 2023

U.S. natural gas pipeline exports to Mexico averaged a record 6.8 billion cubic feet per day (Bcf/d) for June 2023, which is 0.1 Bcf/d greater than the previous record set in June 2021, according to data from Wood Mackenzie. Read More

Accelerating projects: Rapid response expedited fabrication delivers in record time

The need for expedited fabrication projects can arise from various situations, from unforeseen circumstances to discovery during planned outages or turnarounds and unplanned shutdowns. Read More

Suncor Energy announces executive leadership team changes

The changes are designed to drive greater clarity, simplicity and focus on corporate strategy, business fundamentals, execution excellence and sustainability. Read More

EIA expects new milestones for U.S. crude oil production

The U.S. Energy Information Administration expects U.S. crude oil production to surpass 12.9 million barrels per day for the first time in late 2023 and to exceed 13 million barrels per day in early 2024. Read More

Texas population growth drives record electricity use

Power consumption hit its most recent record of 85,435 megawatts on Aug. 10, according to the Electric Reliability Council of Texas (ERCOT) which operates the grid for around 90% of the state’s customers. Read More

U.S. awards $1.2 billion to carbon air capture hubs by Oxy, Climeworks

The U.S. Department of Energy announced that projects in Texas and Louisiana to remove more than 2 million metric tons of carbon emissions per year will get over $1 billion in federal grants, a key step in scaling up direct air capture technology. Read More

2023 API Storage Tank Conference and Expo

Join API at the 2023 Storage Tank Conference, October 9-12, 2023, in Denver, Colorado. This conference will give attendees an opportunity to learn about new and existing industry codes and standards, and to hear about emerging trends from industry experts. Learn More

Valuable Resources

BIC Photos: The PRIME Expo 2023
BIC Website: Top News on BICMagazine.com
BIC Video: The economic outlook for U.S. chemical markets
BIC Website: Texas’ summer electricity generation is critically being supported by natural gas

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