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INEOS Energy is the energy division of INEOS. We produce and trade oil, gas, power, liquefied natural gas (LNG) and carbon credits. Operating across the Danish and UK North Sea with offshore oil and gas assets, onshore assets in South Texas, US and a recently acquired portfolio in the deepwater of the Gulf of America. This is supported by our investments and projects in low carbon technologies, which will help sustain our business through the energy transition. Direct examples of these areas are ‘Project Greensand’, our pioneering carbon storage project in the Danish North Sea and our investment in HydrogenOne Capital.
The key focus for INEOS Energy Trading US (IETUS) is a single face to market ensuring stable, reliable market access and fair market values amongst all commodities while also pursuing value-adding growth and opportunities.
IETUS is looking for an experienced crude Trading Operator to be accountable for the logistics planning and execution needed in physical trading deals to ensure that all safety requirements and obligations are met including Contractual, Compliance and Commercial. Trading Operators play a pivotal role in ensuring that the front to back office processes run smoothly and that valuable data and information is collected, entered and validated in a timely manner to allow effective management and oversight of the deal lifecycle.
IETUS is a newly formed small team that is growing our presence in the market while setting the foundation for the INEOS Energy Trading Houston footprint.
- Execute all physical movements of commercial deals safely and in compliance with legal and regulatory requirements.
- Ensure monthly production plans are met while optimizing logistics costs.
- Schedule crude oil movements on third-party gathering systems, major trunkline pipelines, and terminals across regions including Texas, Mid-Con, Rockies, Canada, Louisiana, and Offshore.
- Perform accurate and timely plant and pipeline nominations; monitor and resolve volumetric discrepancies or pipeline cuts.
- Monitor tank inventories and manage operational flows to maintain optimal levels.
- Track oil reject tickets and collaborate with field personnel to minimize associated costs.
- Communicate operational changes effectively to internal and external stakeholders.
- Develop and maintain strong relationships with customers, midstream contacts, field personnel, and logistics service providers.
- Provide traders with forecasts of equity crude volumes available for market.
- Estimate daily production sales volumes and track production, transportation, and wellhead imbalances.
- Maintain accurate operational data in the ETRM system (Horizon).
- Develop and update scheduling spreadsheets and monthly operational KPIs.
- Act as liaison with volume accounting for pipeline statement and invoice reconciliation.
- Lead month-end processes to ensure accurate financial reporting and improve efficiency.
- Read, understand, and apply key commercial contract terms.
- Support special projects and identify opportunities for cost efficiencies and process improvements.
- Bachelor’s degree
- 10+ years work experience with 5+ years in crude Trading Operations- Knowledge of relevant industry regulations
- Deep understanding of domestic crude terminals, flows and pipelines
- Superior working knowledge in all Microsoft Office applications, specifically: Word, PowerPoint, Excel, Teams and SharePoint
- Energy Trading and Risk Management (ETRM) system experience, Horizon experience is a plus
- Prioritizes health, safety and wellbeing of themselves and the people around them
- Maintain confidentiality, act with integrity and uphold ethical standards
- Strong organizational skills with the ability to manage time effectively and prioritize tasks, maintain records, and use organizational tools to keep track of information and schedules
- Strong communicator both written and verbal clearly conveying information and listening to understand needs and concerns
- Problem-solver and identify issues, analyse them and develop effective solutions
- Attention to detail ensuring accuracy in tasks and overall efficiency
- Adaptability to adjust with changing priorities in a growing, fast-paced environment
- Ability to navigate sensitive situations and maintain professionalism
- Ability to communicate and resolve issues in a professional and tactful manner
- Role requires 24x7 responsibility of scheduling area. Weekends may be required
- Willingness to travel as needed
- Work Location: Houston, TX
- Travel as needed.
- INEOS is a drug free workplace. All offers to successful candidates will be subject to successful background check and drug screen.
Preferential treatment will be granted to candidates residing in the Houston metropolitan area.
INEOS Energy Petroleum USA Inc. is not currently sponsoring employment visas for this position.
INEOS Energy Trading offers a competitive compensation and benefits package. This role will be exempt, and compensation includes both an annual salary and incentive compensation schemes. The benefits package includes healthcare, dental, and vision insurance for employees and eligible dependents. INEOS also offers several other wellness, financial, and work/lifestyle-specific benefits. 401(k) retirement has both an automatic 6% company contribution and a match of up to an additional 6% of eligible compensation. We offer generous paid time off that includes both sick and vacation which is based on and increases, with industry experience.
Note:
This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
INEOS does not accept unsolicited resumes from recruiters, employment agencies, or other staffing services. Unsolicited resumes include any resume or hiring document sent to INEOS in the absence of a signed Service Agreement where INEOS has expressly requested recruitment/staffing services specific to the position at hand. Any unsolicited resumes, including those submitted to hiring managers or other business leaders, will become the property of INEOS and INEOS will have the right to hire that candidate without reservation - no fee or other compensation will be owed or paid to the recruiter, employment agency, or other staffing service.