.October 10, 2024

U.S. natural gas-fired electricity generation set new daily records in summer 2024

On August 2, 2024, 7.1 million MWh of natural gas-fired electricity was generated in the U.S., 6.8% more than the previous summer’s record set on July 28, 2023.

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Avoiding pitfalls in the construction of blast-resistant and other specialized buildings

On September 29, a plume from a chemical reaction was released by an industrial facility in Georgia, causing thousands in the surrounding area to shelter-in-place and making national headlines. Read More

Southland Steel Fabricators invests $25M for advanced technology and expansion at Louisiana facility

Southland Steel Fabricators Inc. is investing $25 million to add 100,000 square feet of production space and acquire cutting-edge welding technology at its original facility, about 48 miles northeast of Baton Rouge, in St. Helena Parish, Louisiana. Read More

Enbridge, Microsoft to use AI for enhanced safety, emissions reduction and asset optimization

Enbridge Inc., in collaboration with Microsoft, is harnessing the power of AI to drive significant advancements in safety, emissions reduction and asset optimization across its operations. Read More

U.S. natgas output to decline as demand hits record high in 2024

EIA projects dry gas production will ease from a record 103.8 bcf/d in 2023 to 103.5 bcf/d in 2024 as several producers reduce drilling activities after average monthly spot gas prices at the Henry Hub benchmark fell to a 32-year low in March. Read More

Woodside completes acquisition of Tellurian

Woodside has completed the acquisition of Tellurian Inc. and its U.S. Gulf Coast Driftwood LNG development opportunity. Woodside has acquired all issued and outstanding Tellurian common stock for approximately $900 million cash, or $1.00 per share. Read More

Valuable Resources

• BIC Podcast: BIC Weekly Industry Report

• BIC Webinar: Avoiding pitfalls in the construction of blast-resistant and other specialized buildings
• BIC Video: Solving construction labor challenges at AMECO
  
• Featured Content: What is multi-hazard? And what is a multi-hazard building?

Upcoming Industry Events

• 6th Annual Gulf Coast Energy Forum - October 14-16, New Orelans, LA

• 2024 AFPM Summit - October 15-17, New Orleans, LA

• BrandSafway Charity Golf Outing - October 21, Houston, TX

• Women's Leadership Luncheon - October 23, Pasadena, TX

Top Jobs of the Week

• Systems Engineer - TurboMachinery/Pressure Vessels - Houston, TX
• Sales Manager - Pumps - Houston, TX
• Business Development Manager - Houston, TX
• Branch Manager - Baltimore, MD

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