US energy company Max Midstream has hired Dan House as its new global head of trading. House was formerly head of US crude trading at Mercuria Energy Trading.
Todd Edwards, president and CEO of Max Midstream, said: “The hiring of Dan House demonstrates again that Max Midstream is serious about achieving the goal of exporting Texas oil to the European market this year.”
In September 2020, Max Midstream bought the Seahawk Pipeline and Terminal at the Port of Calhoun, Texas, from Oaktree Capital, with a view to transforming Calhoun into an alternative to Houston and Corpus Christi for oil exporters, and to connect the port directly to the Eagle Ford and Permian basins in Texas.
Edwards said the first oil is now reaching Calhoun through its pipeline. The company expects to begin exporting Texas oil to Europe as soon as Q2 2021.
At Mercuria, House built, ran and managed a North American crude supply and trading business, and was responsible for integrating the US supply and trading into the global market. He worked with his team in Geneva, London, UK, Beijing, China, and Singapore.
For more information visit maxmidstream.com