.May 1, 2025

U.S. oil companies spent less on interest over the last decade despite higher rates

Higher oil prices, increased drilling efficiency and structurally lower debt needs have contributed to lower interest expenses for some publicly traded U.S. oil companies over the past decade, despite the level of interest rates across the economy being relatively high. Read More

The cost of oversight: How proactive contractors are preventing hazards and slashing downtime

In the high-stakes industrial maintenance world, the smallest oversight can cascade into significant delays, costly rework or even safety incidents.Contractors and facility owners alike are under mounting pressure to complete critical work faster, safer and more efficiently. Read More

Experts eye renewable energy's role in recent power crisis

The hunt has begun for the cause of a massive blackout across Spain, Portugal and parts of France that halted trains, bank machines and traffic lights, in one of Europe's biggest ever power system collapses. Read More

Vaquero Midstream announces pipeline extension, gas processing projects in Delaware Basin

Vaquero Midstream announced plans for two major system expansion projects to increase Vaquero’s gathering capabilities from the state line area down to its expanded processing complex near the Waha Hub area in Texas.

Woodside, bp sign gas supply agreement for Louisiana LNG

This agreement represents the first tranche of a diversified portfolio of feedgas that will support the Louisiana LNG project, enabled by the project’s extensive interconnectivity to multiple producing basins and inter-connecting pipelines. Read More

Phillips 66 greenlights new gas plant in Permian Basin to expand NGL processing

Phillips 66 announced it will build a new natural gas processing plant in the Permian Basin, advancing its strategy to expand natural gas liquids infrastructure in one of the nation’s most productive basins. Read More

B-RAD X 3000

The B-RAD X 3000 is a powerful, battery-powered torque wrench for heavy-duty industrial applications. It boasts 3000 ft. lbs of torque, 30% faster performance than previous models and 40% more torque cycles per charge. With 4% accuracy to target, torque and angle functionality and enhanced safety features, the X 3000 sets a new standard for efficient and precise bolting. Read More

Valuable Resources

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BIC Video: The 2005 bp Texas City explosion 20 years later
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