Waltersmith Petroman Oil subsidiary Waltersmith Refining & Petrochemical has let a contract to Velem—a joint venture of Lambert Electromec and VFuels—to build a 5,000-b/d modular refinery at Ibigwe, Nigeria.  Source: News

Denbury Resources Inc., Plano, Tex., has sanctioned a carbon dioxide enhanced oil recovery project at Cedar Creek Anticline, which extends across Montana, North Dakota, and South Dakota. Denbury has interest in about 175,000 acres.  Source: News

The Kuwait Energy Al Jahraa-6, the first of two development wells planned this year on the Abu Sennan license in Egypt’s Western Desert, also will test deeper-pool potential, reports Rockhopper Exploration PLC, a partner in the production-sharing contract.  Source: News

Occidental Petroleum Corp. and White Energy agreed to evaluate the feasibility of a carbon capture, utilization, and storage project that would capture carbon dioxide at White Energy’s ethanol infrastructure in Hereford and Plainview, Tex. Source: News

Ryan Gritzfeldt has been named chief operating officer of Crescent Point Energy Corp., Calgary. He had been vice-president, marketing and innovation, and before that vice-president, engineering and business development east. Source: News

Light, sweet crude oil prices gained on the New York market June 18 while Brent crude prices for August climbed by $1.90/bbl in London. Oil prices have fluctuated between gains and losses in recent trading sessions. Source: News

The US and Canada will need to invest a combined $791 billion, in real 2016 dollars, or an average $44 billion/year, for new natural gas, crude oil, and natural gas pipeline transportation systems from 2018 through 2035, the INGAA Foundation Inc. predicted in a new report.   Source: News