SIMMONS EDECO has appointed Niels Versfeld as Chief Executive Officer.
US product markets improved, supported by higher export opportunities amid unexpected refinery outages.
The US saw solid product demand, despite a decline following the end of the driving season, and reduced scheduled maintenance lent some support.
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.
EnLink Midstream has named Rhonda L. Price to succeed Jennifer K. Johnson as Senior VP of human resources.
US product crack spreads surged amid refinery outages as Hurricane Harvey affected US Gulf Coast (USGC) refinery operations.
US margins recorded solid gains as crack spreads for all products increased due to healthy domestic demand.
Dr. Béla Kelemen has been named President of the European Petroleum Refiners Association for the next 2-yr term.
High refinery runs contributed to high inventories, pressuring US product markets despite healthy summer driving season demand.
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.