Rhodes, Mike
Industry Metrics
US product markets improved, supported by higher export opportunities amid unexpected refinery outages.
Industry Metrics
The US saw solid product demand, despite a decline following the end of the driving season, and reduced scheduled maintenance lent some support.
Industry Metrics
The global middle distillate market continued to improve on healthy demand and depleted stocks amid regional maintenance, while the bottom of the barrel saw pressure due to low demand and high inventory levels in Asia and Europe.
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.
- Haldia Petrochemicals awards ethylene plant digitalization contract to Lummus 5/2
- INEOS completes purchase of LyondellBasell's EO&D facility in Bayport, Texas (U.S.) 5/2
- HPLNG delays commissioning of Chhara LNG import terminal in India 5/2
- Shell records nearly $8-B Q1 profit on the back of refining, chemicals/products and LNG divisions 5/2
- Water treatment specialist SurfCleaner supplies Norwegian energy giant Equinor 5/2
- U.S. White House: Russia shipping fuel to North Korea above UN cap 5/2