Toledo Mid-Term Asset Economist
Chicago , Illinois
October 17, 2017
Role synopsis
Assists the Refining Supply Manager (RSM) in coordinating the regional "below the line" 4-30 Month operating plan review.

Key accountabilities

•Models key assumptions into the refinery Linear Program set-up after Refinery Supply Manager, Marketing Supply Manager and Refinery Optimization Manager agree what constitutes a P-50 plan.
•Executes the 30 month LP runs for feed into the below the line regional supply Review as required, interpreting the output and assembling it into an appropriate format for communication.
•Completes a cycle-on-cycle analysis determining drivers of changes in gross margin (crude avails, crude prices, margins, refinery avails, etc., etc.), communicating these within the below the line process, with Toledo Planning and Performance Reporting, and summarizing them for roll-up to the North America Supply Review
•Provides updated economic values for refinery opportunities and vulnerabilities on a fit-for-purpose frequency.
•Collaborates with Out Month Asset Economist to ensure appropriate consistency between the 0-3 month runs for generating the 4-30 Month P-50 regional plan and those used for Crude Feedstock decision support.
•Supports the Refinery Supply Manager in coordinating all of the appropriate content for distribution as pre-read or use in the actual below the line regional supply review.
•Supports the Mid-Term Planning Manager and team in collecting the appropriate regional content in the appropriate format for the North America Supply Review
•Supports the Refinery Optimization Engineers in the economic evaluation of potential refining constraint removal opportunities or other optimization opportunities.
•Support evaluation of additional mid-term optimization opportunities, or high level estimation of value already captured through delivery of optimization efforts/initiatives (for eg., Commercial Review or Business Improvement Plan elements).

Essential Education
Bachelor's Degree Required, Engineering degree or equivalent commercial optimization experience preferred

Essential experience and job requirements
Minimum of 1 full year of direct LP user experience or 3 years of commercial optimization or process modeling in refinery or supply environments.

Other Requirements (e.g. Travel, Location)
There are no additional requirements. Please respond with N/A below.

Desirable criteria & qualifications
Chemical engineering degree with 5+ years refinery optimization and/or supply experience

Relocation available

Travel required

Is this a part time position?

About BP
Our business is the exploration, production, refining, trading and distribution of energy. This is what we do, and we do it on a truly global scale. BP operates with business activities and customers in more than 80 countries across six continents. Every day, we serve millions of customers around the world. We are continually looking for talented, committed and ambitious people to help us shape the face of energy for the future.

The Downstream Segment is responsible for the supply and trading, refining, marketing and transportation of crude oil and petroleum products to wholesale and retail customers. We market our products in over 100 countries, operating primarily in Asia, Europe and North America but also in Australia, Africa and Central and South America.


Closing Date
[ "28-Oct-2017" ]

A little about us:
One of the world's leading international oil & gas companies, BP employs over 80,000 talented minds in 80 countries, fostering innovation & diversity.

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