Rhodes, Mike
People
Susan Dio has been appointed Chairman and President of BP America Inc., BP’s chief representative in the US.
Industry Metrics
US refinery margins showed seasonal y–o–y growth, mainly supported by gasoline and diesel stocks drawdowns due to refinery maintenance.
People
Metso’s board of directors has appointed CFO Eeva Sipilä as Metso’s interim President and CEO, succeeding Nico Delvaux.
Industry Metrics
US refining margins showed slight gains on the top of the barrel as a result of cold weather-related refinery outages, rebounding slightly from the previous month.
People
Amy Hebert has joined Haldor Topsoe A/S as Deputy CEO and Executive VP (EVP), Chemicals.
Industry Metrics
Record low temperatures in the eastern US strengthened the diesel market but extended the downward trend in refining margins.
People
SIMMONS EDECO has appointed Niels Versfeld as Chief Executive Officer.
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.
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