PBF Energy Inc.

Refinery Economist

Posted on: 28 Nov 2021

Martinez, CA

Job Description

Position-Specific Requirements:

Must have legal authorization to work in the US on a full-time basis.
Candidate must have active TWIC card or be able to obtain a TWIC card. Information can be found at https://www.tsa.gov/for-industry/twic
Participate in the refinery on-call duty rotation schedule for E&P for off-hours support. 

Job Responsibilities Include:

Utilize the site Linear Program (LP, currently ASPEN PIMS-AO) to develop and present the Refinery Operating Plan (ROP) monthly.  This includes collecting key refinery operating limits and maintenance plans, inventory storage needs, and price premises from the commercial team and assuring the plan is widely communicated and understood for implementation.
Utilize the site LP to generate crude Break Even Values (BEV’s) and work with the commercial team to purchase a crude and feedstock diet that is feasible for site maintenance periods and maximizes profitability.  Work with the Crude Scheduler to ensure the crude mix throughout the month, based on cargo quality and delivery timing, is generating the value expected and feedback to the commercial team as needed. 
Maintain the weekly economics spreadsheet and present to operations weekly.  Work with the refinery scheduler to ensure monthly and weekly steers are aligned with current economics and refinery unit performance. 
Provide break-even values to commercial for product optimizations.  Work with the Gasoline and Distillates/Volatiles Scheduler to help optimize and close any gaps in the production forecast to maximize site value.  This could include providing economics to buy or sell finished products or components. 
Perform monthly lookback, including Loss Profit Opportunity calculation for Key Performance Indication (KPI) reporting and feedback to the model coordinator to ensure LP is tracking with current refinery operation.
Miscellaneous hydrocarbon and economics support such as hydrocarbon planning for Turnarounds, annual downtime values for refinery units, valuation for catalyst selection and project economics. 

Minimum Qualifications:

5+ years’ experience in an oil refinery in Technical Services (i.e., Operations Support / Process Engineering) roles or 10+ years’ experience in relevant operations, lab, or other supporting roles in refinery Operations

Preferred Qualifications:

Bachelor of Science in Chemical Engineering or related field
Operations Support experience in different parts of refinery operation.
Knowledge of typical refinery process units, interunit connectivity, utility systems, and internal / external logistics (tankage alignment, shipping, intermediate product transfer options, rail operations); specific knowledge of Martinez hardware and configuration.
Basic knowledge of operational and financial risk management as applied to contingency planning and inventory target setting.

PBF Energy Inc.

Parsippany, NJ

PBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products.

The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, and Mexico. It also offers various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. PBF Energy Inc. was founded in 2008 and is based in Parsippany, New Jersey.

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