.March 12, 2024

 

 

TC Energy's Keystone oil pipeline restarts after going offline

TC Energy's Keystone oil pipeline resumed service after going offline and temporarily restricting a major conduit of Canadian oil to the U.S., which sent oil prices higher. Read More

Uncovering hidden causes of poor plant railroad conditions

Railroads inside and outside of industrial facilities require regular maintenance to keep operations running efficiently. The critical item most don’t think about is the importance of proper drainage to divert water away from the subgrade. Read More

 
 

Enbridge completes acquisition of The East Ohio Gas Company

The gas utility will be doing business as Enbridge Gas Ohio and will join Enbridge's Gas Distribution and Storage Business Unit. East Ohio Gas (EOG) is a premier, is a premier single-state utility, serving over 1.2 million customers across more than 400 communities in Ohio, with key locations in major metropolitan areas. Read More

Fluor JV awarded DOE contract

The new contract has an estimated ceiling of $45 billion over a 10-year ordering period for environmental management operations at the Hanford Site in Washington state. Fluor will recognize its share of earnings from this new contract using the equity method of accounting. Read More

 

U.S. produces more crude oil than any country, ever

Crude oil production in the U.S., including condensate, averaged 12.9 million b/d in 2023, breaking the previous U.S. and global record of 12.3 million b/d, set in 2019. Average monthly U.S. crude oil production established a monthly record high in December 2023 at more than 13.3 million b/d. Read More

EQT, Equitrans Midstream to merge to create $35 billion firm

EQT Corp has decided to buy back its former unit Equitrans Midstream in an all-stock deal to create an integrated natural gas provider valued at more than $35 billion. Read More

 

Valuable Resources

  • BIC Photos: Greater Houston Industrial Group Meeting
  • BIC Social Media: Follow us on Facebook
  • BIC Video: Chief Economist Patrick Jankowski on the Houston and U.S. economy
  • Featured Segment: Natural Gas/LNG
 

Top Jobs of the Week

  • Accountant - Pasadena, TX
  • Business Development Manager - Baltimore, MD
  • Territory Sales - Houston, TX

  • Safety Officer - Pasadena, TX

See more at BICRecruiting.com

 
 

Upcoming Industry Events

  • CERAWeek - March 18-22, Houston, TX
  • Economic Alliance Economic Forecast Reception - March 21, Pasadena, TX
  • AFPM International Petrochemical Conference - March 24-26, San Antonio, TX

  • Region VI VPP 2024 Annual Safety Conference - April 30-May 2, Oklahoma City, OK
 

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