.December 14, 2023

ABC’s Construction Backlog Indicator inches up in November, contractors remain confident

Associated Builders and Contractors reported that its Construction Backlog Indicator inched up to 8.5 months in November from 8.4 months in October, according to an ABC member survey. The reading is down 0.7 months from November 2022. Read More

Texas’ natural gas sector is winter ready, urges planning across the board

Even with winterization techniques in place, production fluctuations are expected not only during extreme weather conditions but even on mild weather days, according to the RRC. Read More

TC Energy's Coastal GasLink seeks $737 million from pipeline contractor over delays

Coastal GasLink, a Canadian natural gas pipeline partnership operated by TC Energy, is seeking $737 million from one of its main contractors for construction delays and may be liable for a similar amount if an arbitrator rules against it. Read More

LNG developer Tellurian names new president as shakeup continues

Tellurian has appointed a new president and general counsel, days after the U.S. liquefied natural gas developer ousted co-founder Charif Souki as chairman. Read More

Shell agrees to sell stake in two U.S.-based renewable energy projects

Shell will sell 60% interest in Brazos Wind Holdings, LLC, an 182-MW onshore wind farm in Fluvanna, Texas, and 50% interest in Madison Fields Class B Member, LLC, a 180-MW solar development in Madison County, Ohio. Read More

Occidental lands $12 billion takeover of shale producer CrownRock

Occidental Petroleum has agreed to buy closely-held U.S. shale oil producer CrownRock in a cash-and-stock deal valued at $12 billion including debt, expanding its presence in the largest U.S. shale oilfield. Read More

Downstream producer 2023 survey reveals owner-operator priorities

42% of owners-operators placed data analytics as their top tech priority, according to a recent survey conducted with 200+ CAPEX and OPEX decision makers around budget and spending trends. Access the findings to gain exclusive insight on where downstream spent in 2023, key challenges, where they plan to spend in 2024 and why. Learn more

Valuable Resources

BIC Photos: BIC attends 16th Annual National Aboveground Storage Tank Conference & Trade Show
BIC Website: How to improve safety during your next turnaround
BIC Video: A look into the ECC Extra Conference 2024
BIC Website: Keeping fire suppression in proportion

Top Jobs of the Week

See more at BICRecruiting.com

Upcoming Industry Events

Expansions | Resources | Jobs | Events

BIC Magazine

Advertising Information * Contact Us

BICMagazine.com

For newsletter questions, contact
Brad Martin, Digital Operations Manager

BIC Alliance
311 Columbia Memorial Pkwy
Kemah, TX 77565