OIL ORIGINATION ANALYST

Eni; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global energy company in London is seeking an Oil Origination Analyst to join their team. This role involves evaluating new markets for crude oil and oil products, with opportunities for career advancement in business development or trading. Candidates should have a strong academic background and experience in oil trading or logistics. This position supports Eni's commitment to sustainability and allows for significant professional growth.

Benefits

Comprehensive benefits package

Flexible working options

Career growth opportunities

Qualifications

• Experience in crude oil and oil products-related activities.
• Full command of the English language required.
• MBA or PhD is a plus.

Responsibilities

• Evaluate opportunities for Crude Oil and Oil Products origination.
• Support the Business Development team with competitor analysis.
• Develop and present analysis to management on business opportunities.

Skills

Strong interpersonal skills

Analytical skills

Proficient in Excel

Knowledge of contracts

Results-oriented mindset

Communication skills

Education

Strong academic background from a leading university

Tools

Excel

PowerPoint

Job description

Overview

Job title: Oil Origination Analyst

Location: London, UK

Job reference #: 32170

Contract type: Permanent

Language requirements: Proficient in English

At Eni, we are seeking an Oil Origination Analyst to join Eni Trade & Biofuels (ETB) in London, UK.

Reporting to the Head of Business Development - Crude, you will play a direct role in developing and executing origination initiatives for Crude Oil and Oil Products. This includes participating in joint study teams to evaluate new markets and developing economic models to support decision-making processes for these products.

This role offers exposure to the full commodity trading lifecycle - both physical and financial - through collaboration with Front Office, Risk, Finance, Back Office and various business units.

ETB is committed to professional growth, offering a vibrant environment that prizes knowledge, innovation and career advancement. This position will allow you to gain extensive experience in various areas of the energy business and could be a gateway to progression in business development or, with the right skills and desire, move into a trading position or pursue new challenges across our global network.

About Eni Trade & Biofuels

ETB is at the cutting edge of sustainability and innovation in the global energy market. As a dynamic force within the Eni group, which is a leader in the energy transition, ETB is establishing itself as a key player in the new energy landscape. When you join ETB, you become part of Eni - a leading global energy company with over 32,000 employees in 61 countries. Eni specializes in exploration, production, transport, marketing and trading of oil, natural gas and biofuels. ETB handles crude oil, refined oil products and biofuels trading and shipping, with teams in Rome, London and Singapore, plus ETS Inc in Houston for US marketing. Our team is involved in marketing Eni\'s oil equity productions, sourcing hydrocarbons and bio feedstocks, and managing the output of our traditional and green refineries.

Main responsibilities

• Evaluating opportunities for Crude Oil and Oil Products origination in line with ETB\'s trading strategy, including modelling the economic value of transactions.
• Supporting the Business Development team with competitor analysis to identify potential opportunities.
• Developing and presenting analysis to management on future business development opportunities, and supporting the monitoring of outcomes from current activities.
• Assisting Originators in negotiations and contributing to the conclusion of agreements essential to the trading desks\' commercial activities.
• Ensuring that all transactions are supported and approved by the relevant trading bench and are in line with the deal approval process.
• Maintaining regular communication with all ETB departments (e.g. Back Office, Middle Office, Operations, Compliance), as well as with personnel in other Eni departments and units for integrated projects.
• Ensuring that all activities are carried out in compliance with relevant policies and regulations.

Skills and experience required

• Strong academic background from a leading university (an MBA or PhD is a plus).
• Demonstrated experience in crude oil and oil products-related activities, such as oil trading, refining (e.g. crude supply, slate optimisation, oil products sales), or logistics optimisation.
• Proficient in Excel (for business plan modelling) and PowerPoint (for business presentations).
• Knowledge of contracts and legal structures.
• Strong interpersonal and communication skills, with the ability to present information clearly and concisely.
• Results-oriented mindset, capable of identifying and setting priorities, as well as solving problems proactively.
• Strong numerical and analytical skills, including knowledge of modelling and economic evaluations.
• Full command of the English language (written and spoken); knowledge of additional languages would be an advantage.

Why ETB

• Impactful Work: Join a team that plays a crucial role in Eni\'s Net Zero 2050 strategy, benefiting from Eni\'s strong trading position and global integration.
• Collaborative Culture: Experience a truly multicultural, supportive, and dynamic work environment.
• Career Growth: Rapid learning opportunities with potential for movement across teams and international roles.
• Work-Life Balance: Enjoy a balanced lifestyle with a comprehensive benefits package that may include health, well-being, and flexible working options.

How to apply

• Applications are only accepted through our online application system.
• Please upload your CV in English.

About Eni

Eni is a global energy company operating in 61 Countries, with over 30,000 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni\'s goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers. In line with this goal, Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources, bio-refining, carbon capture and storage are only some examples of Eni\'s areas of activity and research. In addition, the company is exploring game-changing technologies such as fusion energy - a technology based on the physical processes that power stars and that could generate safe, virtually limitless energy with zero emissions.

Working at Eni

At Eni we believe in enterprising people, capable of making a difference and making their contribution with passion and innovation, to respond to the global challenges of the energy transition. For us, the skills and attitudes of each individual , continuous training , and diversity and inclusion are fundamental. We promote flexible ways of working with particular attention to well-being, welfare and work life-balance. Eni will evaluate applications considering plurality and diversity as sources of enrichment. If your application is assessed to be among those most in line with the required profile, you will be contacted to continue the selection process. Whatever your ambition, at Eni you can find the tools to make it happen.

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