.February 15, 2024

 

 

Verde Clean Fuels, Inc. and Cottonmouth Ventures LLC announce JDA in West Texas

The expectation for the project is to produce approximately 3,000 barrels per day of fully refined gasoline utilizing Verde’s patented STG+® process. By consuming natural gas in the pipeline-constrained Permian Basin as feedstock, the proposed project could demonstrate the ability to mitigate the flaring of up to 34 million cubic feet of natural gas per day, while also producing a high-value, salable product. Read More

Midwest refinery outage is affecting petroleum product markets

Spot petroleum product prices at the Chicago trading hub are increasing after an unplanned outage of bp’s refinery in Whiting, Indiana, on February 1. The 435,000 b/d refinery, the largest in the Midwest (PADD 2), has been offline since then because of a power outage. Read More

 
 

Phillips 66 appoints Robert W. Pease to board of directors

Following the appointment, the board consists of 14 directors, 12 of whom are independent. In addition, Phillips 66 and Elliott Investment Management L.P. have agreed to work together to identify a second mutually agreed director to be named over the coming months.

Read More

Shell to acquire Brewer Oil Company

Shell will acquire 45 BOC sites in New Mexico, comprised of convenience stores, cardlocks for fleet vehicles, and traditional fueling stations. Approximately 450 BOC employees will join Shell via the acquisition, providing the foundation for Shell's retail footprint in New Mexico.

Read More

 

Lake Charles Methanol announces plan for new $3.2 billion manufacturing plant in Southwest Louisiana

If the project moves forward as outlined, the company expects to create 123 direct new jobs in Calcasieu Parish, with an estimated average annual salary of $135,955. LED estimates the project would result in 605 indirect new jobs, for a total of 728 potential new jobs in the Southwest Region. Read More

ExxonMobil Baton Rouge Refinery Manager Regina Davis discusses the BRRIC suite

Davis gives insight on updates made to the Baton Rouge site and how the Baton Rouge Refinery Integrated Competitiveness suite will give it a unique advantage. Watch

 

Valuable Resources

  • BIC Photos: HASC Tailgate 2024
  • BIC Website: Pipeline/Transportation
  • BIC Video: Brandon Mabile unpacks labor market challenges and legislative priorities for industrial contractors
  • BIC Website: M&A/Investment
 

Top Jobs of the Week

  • Director of Business Development - Houston, TX
  • Territory Sales Executive - Environmental - Corpus Christi/Victoria, TX
  • Business Development - Atlanta, GA

  • Project Manager - Deer Park, TX

See more at BICRecruiting.com

 
 

Upcoming Industry Events

  • TCA's Sweethearts and Shotguns 2024 - Feb 22-23, Corpus Christi, TX

  • 5th American LNG Forum - Feb 26-27, Houston, TX

  • 4th American Hydrogen Forum - Feb 28-29, Houston, TX

  • 2024 AFPM Annual Meeting - March 10-12, Grapevine, TX
 

Expansions |  Resources | Jobs | Events

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