Rhodes, Mike
People
EnLink Midstream has named Rhonda L. Price to succeed Jennifer K. Johnson as Senior VP of human resources.
Industry Metrics
US product crack spreads surged amid refinery outages as Hurricane Harvey affected US Gulf Coast (USGC) refinery operations.
Industry Metrics
US margins recorded solid gains as crack spreads for all products increased due to healthy domestic demand.
People
Dr. Béla Kelemen has been named President of the European Petroleum Refiners Association for the next 2-yr term.
Industry Metrics
High refinery runs contributed to high inventories, pressuring US product markets despite healthy summer driving season demand.
People
John Flannery, the President and CEO of GE Healthcare, has been named CEO of the company, effective August 1, and Chairman and CEO effective in January 2018. Jeff Immelt, Chairman and CEO, will remain Chairman of the Board through his retirement at the end of the year.
Industry Metrics
US gasoline crack spreads continued to rally, but were offset by supply-side pressure as higher refinery runs contributed to increased inventories.
People
Randy Schmidt has been named Managing Director of the Burns & McDonnell Terminals and Pipelines group, replacing Ted Born, who is retiring.
Industry Metrics
US gasoline demand increased with the shift to summer fuels and higher export opportunities to Latin America.
Industry Metrics
Asian refinery margins remained healthy ahead of the spring maintenance season, despite a slight fall due to signs of a bearish gasoline market.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
