.July 23, 2024

 

 

U.S. wholesale natural gas spot prices fell to record lows in first half 2024

The average monthly wholesale spot natural gas price at the U.S. benchmark Henry Hub fell by 20% to $2.56 per million British thermal units between January and June of this year, according to data from Refinitiv Eikon. Read More

Delivering 3-in-1 multi-hazard fire protection to Canada’s largest LNG export terminal

A joint venture led by Royal Dutch Shell is building Canada’s largest LNG export terminal at Douglas Channel in British Columbia. Instrumental to that project has been the application of a massive amount of passive fire protection material that will protect the facility’s staff and infrastructure once it opens in 2025. Read More

 

ONEOK announces refined products pipeline expansion to Denver area

ONEOK, Inc. announced plans to expand its pipeline capacity connecting Mid-Continent and Gulf Coast refined products supply with the greater Denver area to meet growing demand and increase connectivity with Denver International Airport (DIA). Read More

Avangrid produces first energy at True North solar project in Texas

With 20 MW commissioned thus far, this marks another major milestone for what will become the largest solar power project in Avangrid’s portfolio, and its first solar project in Texas. Read More

 

Intersect Power secures $837 million in project financing to build 1 GWh of battery energy storage systems in Texas

Intersect Power, LLC announced the closing of two separate transactions representing an aggregate of $837 million of financing commitments for the construction and operation of three standalone battery energy storage systems in Texas. Read More

Woodside acquires Tellurian

Tellurian Inc. announced that it has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd under which Woodside will acquire all the outstanding shares of Tellurian. Read More

 
 

Valuable Resources

  • BIC Photos: Hydrogen + Ammonia NA 2024 Conference & Exhibition
  • BIC Video: ICT's rapid response for cooling tower services
  • BIC Podcast: BIC Weekly Industry Report
  • Featured Segment: Natural Gas/LNG
 

Upcoming Industry Events

  • SWICA Poker Tournament and Social - July 27, Pasadena, TX
  • Port Arthur Chamber of Commerce 2024 Industry Show - August 1, Port Arthur, TX
  • 2024 TCA South Texas Casino Royale Night - August 16, Corpus Christi, TX

  • ASSP Safety Conference + Expo - August 7-9, Denver, CO

Top Jobs of the Week

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