June 2023

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

Shell pivots back to oil to win over investors

Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while O&G profits are booming.

LyondellBasell announces delay in refining business exit

LyondellBasell announced plans to delay its refining business exit from year-end 2023 to no later than the end of the first quarter 2025.

Port Houston releases Houston Ship Channel economic impact study

Results from the John Martin Associates study showed that in 2022, the Houston Ship Channel generated $906 billion of economic value to the U.S., representing a 13% increase since 2018, when the study was last conducted.

In-the-Know with Thomas Brinsko: The shifting energy landscape and the reassessment of fossil fuels

VIDEO: Thomas Brinsko shares his thoughts on the global shift to clean energy, impacting policies, public sentiment, and votes. Gain insights into doubts around CO₂ perceptions, ESG initiatives, and potential energy sector changes.

Lightsource bp completes $460MM financing for solar projects in Louisiana and Indiana

Lightsource bp has successfully closed on a $460 million multi-project financing package, which will support the construction and operation of a 368-megawatt portfolio comprised of two utility-scale solar projects in the U.S.

Air Liquide announces long term agreements supporting electronics industry expansion in North Texas

Air Liquide announced that it has invested nearly $70 million in state-of-the-art plants in North Texas to supply ultra-high purity nitrogen and oxygen to the electronics industry.

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