Entity:
Supply, Trading & Shipping
Job Family Group:
Job Description:
The Agile LP Solutions team is an agile flow-to-work team of refinery Asset Economists/AE’s responsible for all LP activity in support of both long term (M+3 and beyond) planning and refinery performance analysis across bp's global refining system.
The Asset Economist will use refinery LPs for one or more bp refineries to identify opportunities to improve the refinery commercial performance. They will own and drive the resolution of actions to effect the additional margin capture. They will also support mid/long term planning activities including development of refinery strategies and volume plans.
Key Accountabilities
Provide LP based performance analysis and medium term planning activity including:
Project economic evaluation
Term supply or sale evaluation
TAR volume and optimisation planning before crude selection window
Deep dive studies on new opportunities e.g. spec changes
Provide LP based analysis of site operations identifying opportunities across:
Crude purchasing, product sale decisions, commercial strategy and execution of refinery operations
Identify areas for improvement and propose actions to capture additional margin and improve processes
Communicate feedback to relevant refinery and supply stakeholders
Apply best practice in retrospective and long term planning across bp and actively improve these processes
Analyse deviations of the LP model with actual results to drive improvements in the model.
Engage with stakeholders in midstream, refining and finance to progress priorities, improve performance and support planning activities
Develop capability to support more than one refinery
Support refinery reporting through evaluation of lost profit opportunity
Education and Experience
Bachelors degree in engineering, chemistry or related technical field required
Fluent in English
Minimum 6 years of experience in the petrochemical or refinery industry.
Minimum 2 years of experience in refinery optimization, process engineering, supply operations or production planning
Commercial experience or LP/Modelling experience desired
Excellent oral and written communication skills; influential, efficient communication is frequently required
Demonstrated ability to work independently and in a team with strong impact and influencing skills with a track record of success
Self-Starter with strong work ethic, and great time management and interpersonal skills
How much do we pay (Base)? (121,000.00 - 225,000.00 (Minimum & Maximum)) *Note that the pay range listed for this position is a genuinely expected and reasonable estimate of the range of possible base compensation at the time of posting.
This position is eligible for US Benefits – Core This position offers paid vacation depending on your years of relevant industry experience and will range from 120 – 240 hours of vacation per year for full time employees (60 - 240 hours of vacation per year for part time employees). You will also be eligible for 9 paid holidays per year and 2 personal choice holidays. You may learn more about how we calculate paid vacation and view our generous vacation and holiday schedules at Core U.S. Benefits [INSERT LINK TO APPLICABLE BENEFITS]. Bp has a parental leave policy as well, which offers up to 8 weeks’ paid leave for the birth or adoption of a child. Learn more by visiting Core U.S. Benefits.
We offer a reward package to enable your work to fit with your life. These offerings include a discretionary annual bonus program, long-term incentive program, and generous retirement benefits that include a 401k matching program. You may learn more about our generous benefits at Core U.S. Benefits.
As part of bp’s wellbeing package, bp offers access to health, vision, and dental insurance, as well as life and Short-Term Disability and Long-Term Disability. You may learn more about our generous benefits at Core U.S. Benefits.
At bp, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity! We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. We offer benefits to enable your work to fit with your life, including flexible working options and paid parental leave policy, among others.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Travel Requirement
Relocation Assistance:
Remote Type:
Skills:
Legal Disclaimer:
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.