Statoil Principal Trader, Lightends in Stamford, Connecticut
Principal Trader, Lightends
Job ID: 204606
Location: Stamford, Connecticut
Company: Statoil US Holdings Inc.
Contact Name: Anke Jardine
Discipline: Marketing & Supply
Education Preferred: Not Indicated
Experience Preferred: Not Indicated
Closing Date: Jul 32017
Statoil is an international energy company with operations in more than 30 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Norway with 21,000 employees worldwide, and are listed on the New York and Oslo stock exchanges. In just a few years Statoil has positioned itself as one of the largest lease holders in deepwater Gulf of Mexico (GoM). Our GoM portfolio is managed out of our Houston office. The Statoil Houston office, which was established in 2002, also manages our Alaska, Marcellus, Eagle Ford and Bakken shale gas portfolios. To date Statoil has invested more than USD $11 billion in US upstream activities, and currently produces more than 200,000 barrels of oil equivalent a day. We have US offices located in Anchorage, Austin, Houston, Stamford and Washington D.C. USA, and are looking for talented people to contribute to our growing activity base.
Marketing, Midstream and Processing (MMP) shall maximise corporate value creation in Statoil’s mid- and downstream business through safe, reliable and efficient operations. We are responsible for capturing the full value potential of all marketed and traded products such as crude oil, liquids and natural gas.
The Principal Trader, Light Ends at Statoil US Holdings Inc in Stamford, CT will market gasoline produced in our European refineries in North and South America;
Market gasoline from 3rd party supply positions;
Interface with trading in Norway to provide market insight from a North American perspective;
Build new North and South American business through existing contacts and developing new ones;
Utilize refinery expertise to provide group insight into US refining market and make profitable trading decisions;
Utilize logistics expertise to minimize transportation cost and develop new logistics infrastructure positions with Asset Management;
And utilize trading expertise to properly hedge pricing exposures and build a portfolio trade book based on market views.
15% domestic and international travel is required.
Work schedule is Monday through Friday; 40 hours per week; 8:30 a.m. to 5:00 p.m.
Bachelor's Degree in Chemical Engineering, or closely related field, plus a minimum of 7 years of commercial experience in oil and gas trading, refining and logistics planning.
The experience must include at least one year of experience with each of the following:
Trading in physical gasoline markets;
Trading in oil product derivatives across the barrel;
Logistics planning for both marine and pipeline connected refineries;
Linear programming for use in product blending and refinery optimization.
Interested candidates can apply online at www.statoil.com or by mailing a resume to Anke Jardine at Statoil, 2107 CityWest Boulevard, Houston, TX 77042.
Contact Anke Jardine at AJARD@statoil.com if you have any questions or need information about this application.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.