Report: Mitsui Hires Crude Oil and Condensate Traders
Mitsui Energy Trading Singapore, a unit of Japanese trading house Mitsui & Co , has hired two traders to trade crude oil and condensate, two sources with knowledge of the matter said on Friday.Wei Xiyu, previously a crude oil trader and charterer at Petrowin Resources, will join the company in November, according to the sources and Wei's LinkedIn profile.Andy Ang, formerly a crude trader with Hengyi Industries International Pte responsible for sourcing feedstock for Hengyi's Brunei refinery, will join Mitsui in January next year, the sources said.Mitsui did not immediately respond to a
ExxonMobil Hires Crude Trader in Singapore
Crude oil trader Michael Huang is expected to join Exxon Mobil Corp in Singapore soon as the U.S. major expands its trading team to sell its oil into China, the world's top importer of the commodity, three industry sources said. Huang was recently a Singapore-based crude trader for Chinese independent refiner Wonfull Petrochemical, purchasing feedstock for its Shandong refinery and carrying out hedging activities. He left the company in late June, the sources said on Monday. Before Wonfull, Huang has worked for China's CEFC International Singapore, the Intercontinental Exchange (ICE)
Hardy Takes Over as Vitol CEO
Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider, Russell Hardy, as the new group CEO. Taylor said two years ago he was battling cancer although he continued to travel the world, chasing deals from Africa to the United States and Australia while also working as chairman of the board of trustees for London's Royal Opera House. Hardy, who started his career at BP and traded fuel oil, was long seen as one of two front-runners to succeed
Trafigura Hires ex-Noble Crude Oil Trader
Trading house Trafigura has hired Dan Stirk, formerly a North Sea crude oil trader at commodity trader Noble Group, to join its crude desk, according to trading sources. Stirk started his new job this week, one of the sources said. He served as North Sea trader at Noble starting in July 2016, according to his LinkedIn page. The move comes after Chinese trader Unipec hired three former Noble employees to join its middle distillates desk in London. Reporting by Ahmad Ghaddar
Gunvor Hires BP's Former Top US Trader
Gunvor has hired a senior veteran oil trader, David Garza, previously with BP and most recently U.S. oil refiner Tesoro, to run its U.S. operations as the Swiss trading house further expands in North American energy markets. Gunvor began building its U.S trading operations last year, expanding outside its core markets in Europe, Asia and Africa. The company initially focusing on refined products and natural gas but this year has hired several traders to launch a crude oil desk in Houston, Texas, and beefed up its Canadian trading desk. Garza will start in September as the new managing director
KPI Bridge Oil Appoints Seattle Trader
KPI Bridge Oil, a global broker and trader in marine bunkers, marine lubricants and risk management products, has appointed Daniel Chin as a Bunker & Lubricant Trader at its Seattle Office. Having worked as an oil trader in Korea as well as in Singapore and Pakistan, Chin has advantageous knowledge of the maritime industry and its needs. Previous to his joining KPI Bridge Oil Seattle, Chin was a Junior Trader and Manager with Daewoo Shipbuilding and Marine Engineering (DSME).
