During the last 18 months, Chaparral Energy Inc., Oklahoma City, has added to its senior leadership team. Source: News

The Australian Gas Infrastructure Group has reported plans for a further expansion to its Tubridgi gas storage facility in northwest Western Australia. The group has followed its $74-million (Aus.) redevelopment and commissioning of the Tubridgi facility in 2017 with a final investment decision in the last week to complete a seismic survey and expansion of […]

US crude oil inventories for the week ended Jan. 25, excluding the Strategic Petroleum Reserve, increased by 900,000 bbl from the previous week, data from the US Energy Information Administration showed. At 445.9 million bbl, US crude oil inventories are about 7% above the 5-year average for this time of year, the report indicated. […]

ExxonMobil Corp., Plains All American Pipeline LP, and Lotus Midstream LLC have formed the Wink to Webster Pipeline LLC joint venture and ordered nearly 650 miles of US-sourced 36-in. line pipe to construct a common-carrier pipeline to transport more than 1 million b/d of crude oil and condensate from multiple locations in the Permian basin […]

Lundin Norway has let an integrated engineering, procurement, construction, and installation contract to TechnipFMC for the Luno II and Rolvsnes development in 110 m of water in the North Sea. Source: News

Benchmarks for light, sweet crude oil and Brent crude both jumped to settle more than $1/bbl higher on Jan. 29 after the US announced sanctions on Venezuela and as US-China talks were scheduled in Washington, DC, Jan. 30-31. New US sanctions were imposed on Venezuela’s state-owned oil company Petroleos de Venezuela SA to block US […]

ExxonMobil Corp. has reached a final investment decision to proceed with a previously announced plan to expand crude refining capacity by more than 65% at its 366,000-b/d integrated refining complex in Beaumont, Tex. Source: News

Lundin Petroleum AB subsidiary Lundin Norway AS has agreed to acquire the Utsira High acreage position covering the Rolvsnes and Goddo basement area from Lime Petroleum AS, a subsidiary of Rex International Holding Ltd. Source: News

Lundin Norway AS has been granted a drilling permit by the Norwegian Petroleum Directorate for well 16/1-31 S in production license 338 in the Barents Sea. Source: News

Paul D. McKinney will succeed William M. Griffin as president and chief executive officer of SandRidge Energy Inc., Oklahoma City, effective Jan. 29. Source: News