HOUSTON, February 23, 2021 / PRNewswire / – TexasMax Midstream announced the hiring of Dan House as Global Trade Director. House previously served as Head of the US Crude Trade at Mercuria Energy Trading.
“The hiring of Dan House demonstrates once again that Max Midstream is serious about meeting the objective of exporting Texas oil to the European market this year “, said Todd Edwards, President and CEO of Max Midstream. “Dan is one of the most prominent energy traders in the world and we are excited to have him on our team. We are also pleased to announce that oil is already starting to reach the Port of Calhoun through our pipeline. Now, with Dan’s membership, we’re ready to take him to the market. “
Max Midstream announced last year that it had acquired Oaktree Capital’s Seahawk Pipeline and Terminal at the port of Calhoun and connect the port directly to the Eagle Ford and Permian basins to transport up to 20 million barrels per month. Max now hopes to export Texas oil to the European market perhaps already in the second quarter of 2021.
Spending ten years at Mercuria Energy Trading, Dan was responsible for building, managing and managing an oil trading and supply business in North America. Over a five-year period, he helped to dramatically increase the company’s volumes. He was also responsible for integrating US supply and marketing into the global market. He worked extensively with his team on Geneva, London, Beijing and Singapore to create a global crude oil strategy and drive the development of end customers and markets.
“I am excited to join Max Midstream and lead our new business organization,” said House. “We look forward to connecting customers around the world through our logistics and commerce.”
For more information about Max Midstream and this project, visit www.maxmidstream.com.
SOURCE Max Midstream