Effects of MARPOL VI on Petcoke, Distillates, Resids, Vacuum Tower Bottoms and the Light-Heavy Spread

Presented By

Edward Arnold - Argus Consulting

Conference: Galveston 2018

Effects of MARPOLThis presentation will outline and explain the current state of the US refining business. It will focus on current and likely upcoming changes that will affect all US refiners. It will cover:

  • Declining distillate demand
  • Stalled gasoline demand and the likely effects of electric vehicles
  • The changing refined products export market
  • The likely effects of MARPOL VI
  • The changing anode grade coke market
  • Canadian Dilbit imports
  • RINs and RVOs

Ed ArnoldEd is a senior consultant with 39 years of experience covering petrochemicals, refining, upstream and biotechnology. He has advised some of the world’s largest energy companies, as well as banks, sovereign wealth funds, government agencies and entrepreneurial firms. During his time as a Senior Group Manager for Jacobs Consultancy he performed due diligence for six North American refinery and chemical firm acquisitions, as well as numerous capital project valuations, project feasibility studies, new process technology development projects, and market risk analyses. Ed holds bachelor’s degrees in Chemical Engineering and Biochemistry from the University of California, as well as an MSc in Microbiology from the Illinois Institute of Technology and an MBA from University of Chicago.

Refining Community