Energy In-depth: Murphy USA announces addition to executive leadership team

Editor’s note: Each Friday, Talk Business & Politics provides “Energy In-depth,” a round-up of energy and regulatory news.

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MURPHY USA ANNOUNCES ADDITION TO EXECUTIVE LEADERSHIP TEAM
Murphy USA Inc. announced Tuesday (Aug. 30) that Rob Chumley will join the company in the recently established role of senior vice president of marketing. In his new role, Chumley will oversee the merchandising and marketing functions for Murphy USA’s retail and convenience store operations. His responsibilities include defining strategy for both marketing and merchandising and driving key initiatives to support retail operations and merchandising with a focus on loyalty, digital marketing and promotional programs.

Chumley brings a strong and diverse retail and consumer packaged goods background to the the El Dorado convenience store operator, including more than 25 years of experience at 7-Eleven, Kellogg’s, Coca-Cola, Gillette and Procter & Gamble. He earned an MBA from Dalhousie University and a Bachelors of Engineering from Royal Military College of Canada.

EIA NOW USING NEAR-REAL-TIME EXPORT DATA TO PROVIDE WEEKLY PETROLEUM CONSUMPTION DATA
Starting with Wednesday’s (Aug. 31) release of the Weekly Petroleum Status Report, the U.S. Energy Information Administration (EIA) is now publishing weekly petroleum export and consumption estimates based on near-real-time export data provided by U.S. Customs and Border Protection.

EIA previously relied on weekly export estimates based on monthly official export data published by the U.S. Census Bureau roughly six weeks following the end of each reporting month. This new methodology is expected to improve weekly estimates of petroleum consumption (measured as product supplied) by improving estimates of weekly exports of crude oil, petroleum products, and biofuels.

CHEVRON SIGNS 10-YEAR DEAL TO SUPPLY LNG TO CHINA
U.S. oil and gas giant Chevron Corp. announced on Aug. 29 that its wholly-owned subsidiary, Chevron USA Inc., has signed a binding LNG sales and purchase agreement with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural gas (LNG) to China from Chevron’s global supply portfolio.

Under the terms of the deal, ENN will receive up to 0.65 million metric tons per year of LNG over 10 years, with the first delivery expected to start in 2018 or the first half of 2019. ENN Energy Holding Ltd. is one of the largest natural gas distribution companies in China, operating in 150 cities across 17 provinces and autonomous regions, with over 12 million residential and 56 thousand industrial/commercial customers. ENN’s Zhoushan LNG receiving terminal is being constructed and expected to be in operation by 2018.