EIA: US crude stocks up 2.1 million bbl

US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, gained 2.1 million bbl to 538.6 million bbl during the week ended Apr. 15 from the previous week’s total. Source: News


Bill, ozone limits implementation both draw fire before House panel

A bill that would delay the US Environmental Protection Agency’s implementation of a 70 ppb ground-level ozone limit drew nearly as much fire as EPA’s implementation of the new limits did at a US House Energy and Commerce subcommittee hearing. Source: News


Chambers named CEO of White Star Petroleum

Elliot J. Chambers has been named chief executive officer, in addition to his role as chief financial officer, of White Star Petroleum LLC, formerly an affiliate of American Energy Partners LP known as American Energy-Woodford LLC. Source: News


White Star to buy Devon assets in Oklahoma

White Star Petroleum LLC, until recently known as American Energy-Woodford LLC, has entered a definitive agreement to buy Mississippi Lime and Woodford shale properties from Devon Energy Corp. for $200 million. Source: News


MARKET WATCH: NYMEX oil prices rally above $41/bbl

Crude oil prices on the New York market rallied more than $1/bbl on Apr. 19, settling above $41/bbl on reports of the Kuwaiti oil-workers strike and pipeline outages elsewhere. The Brent crude oil price for June delivery rose by more than $1 to close above $44/bbl on the London market. Source: News


Petronas lets contract for RAPID complex

State-run Petronas, through a contractor, has let a contract to MECS Inc., a subsidiary of E.I. DuPont de Nemours & Co., to provide sulfur-removal technology for its refinery and petrochemical integrated development (RAPID) complex at Pengerang in southeastern Johor, Malaysia. Source: News