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October 2023

 

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

 

CF Industries plans $75 million investment in Donaldsonville comple

CF Industries plans to modify the Nitric Acid No. 3 plant and make improvements to the Diesel Exhaust Fluid (DEF) Unit to increase production of merchant-grade nitric acid and DEF.

 

ExxonMobil announces merger with Pioneer Natural Resources

ExxonMobil and Pioneer Natural Resources jointly announced a definitive agreement for ExxonMobil to acquire Pioneer.

DOE announces $7 billion for America’s first clean hydrogen hubs

In addition to positioning America as a global leader in emerging clean energy industries, the H2 Hubs will implement comprehensive local benefits and workforce proposals to support a vision of an equitable and inclusive clean energy future. 

 

New Speaker Mike Johnson expected to be pro-oil advocate in Washington

The 56th Speaker of the House, Mike Johnson, has made his way to Washington and his election has garnered favorable attention from the oil and gas industry.

 

Chevron announces agreement to acquire Hess

Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The total enterprise value, including debt, of the transaction is $60 billion.

 

U.S. invests $3.5 billion to bolster power grid, deploy clean energy

The funding for 58 projects across 44 states comes from the bipartisan infrastructure law signed in 2021.

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