Economics Analyst

CITGO Petroleum Corporation; Houston (TX); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Remote Work options available for in-s

9/80 Work Schedule

Annual Vacation Incentive

Paid Vacation Time

Company-Paid Holidays

Caregiver Leave

Excellent 401(k) Match

Pension Plan

Performance Incentive

Company-Paid Sick Leave and Long-Term

Medical, Dental, & Vision Plans

Company-Paid Life Insurance

Healthy Rewards Program

Educational Assistance Plan

Scholarships

Gym Membership Reimbursement

Employee Discounts

On-site Health Clinic

On-site Cafeteria

On-site Credit Union

On-site Fitness Center

Job summary

CITGO Petroleum Corporation in the Houston area seeks a Production Planning Engineer to use refinery linear programming models and economic analysis to develop production plans and optimize profitability.

You will evaluate crude, feedstock, and product economics, support refinery and commercial decisions, and collaborate across Operations, Engineering, Logistics, and Commercial teams to ensure feasible, profitable outcomes.

Qualifications

• Requires a Bachelor's degree in Chemical Engineering and 2+ years in refining process planning/economics.
• Strong spreadsheet and quantitative analysis skills; must organize assumptions, calculations, and results for review.
• Proficiency with Excel; ability to learn Aspen PIMS; capable of explaining economic incentives and trade-offs to support decisions.

Responsibilities

• Run and analyze refinery LP cases for optimization under changing conditions.
• Evaluate crude, feedstock, and product economics; develop cost-to-produce estimates and blending analyses.
• Support refinery and commercial decisions; collaborate with Operations, Engineering, Logistics, and Commercial teams.
• Develop production plans and forecasts; incorporate prices, limits, outages, and commitments into planning cases.
• Maintain quality and continuity of analytical work; document assumptions and improve reporting tools.
• Perform other duties as assigned by supervisor.
• Job duties above are not all-inclusive; site-specific responsibilities may be assigned.
• Job duties are not all-inclusive; site-specific responsibilities may be assigned.

Skills

Quantitative analysis

Spreadsheet modeling

Technical communication

SQL basics

Refinery LP concepts

Python basics

Education

Bachelor's Degree in Chemical Engineering

Tools

Aspen PIMS

Microsoft Excel

Python

Job description

CITGO PETROLEUM CORPORATION

CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO owns and operates three refineries located in Lake Charles, LA.; Lemont, IL.; and Corpus Christi, TX, and wholly and/or jointly owns 43 active terminals, nine pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 829,000 barrels-per-day (bpd), positions CITGO as one of the best-branded supplier companies in the industry.

At CITGO our people are our most important resource. Our core values are Safety, Integrity, Respect, Accountability, and Care.

Job Summary

Uses refinery linear programming models and economic analysis to develop production plans, evaluate crude, feedstock, and product alternatives, and recommend actions that improve refinery profitability.

Minimum Qualifications

• Bachelor's Degree in Chemical Engineering
• 2 years of relevant refining experience in process engineering, planning, or economics.
• Working knowledge of refinery process units, material balances, product specifications, and the operating constraints that affect production plans.
• Strong spreadsheet and quantitative analysis skills; ability to organize assumptions, calculations, and results so that others can review and use the work.
• Ability to communicate technical findings clearly and work with refinery, logistics, and commercial personnel to assess whether an economic recommendation is executable.
• Proficiency with Microsoft Office, particularly Excel; ability to learn Aspen PIMS; strong mathematical skills; and ability to clearly explain economic incentives and trade-offs to support decisions
• Direct refinery LP experience is preferred.
• Python experience is a plus.

Job Duties

• Run and analyze refinery LP cases for routine optimization and changing market or operating conditions. Review results, test alternatives, identify economic drivers and constraints, and develop recommendations for refinery operation and product mix.
• Evaluate crude, feedstock, and product economics. Develop purchase or swap evaluations, breakeven values, cost-to-produce estimates, and blending or product-placement analyses to support timely decisions.
• Support refinery and commercial decisions. Work with Operations, Engineering, Logistics, and commercial counterparts to validate assumptions, assess feasibility, and communicate economic recommendations and trade-offs.
• Develop production plans and forecasts. Incorporate current prices, crude selections, operating limits, outages, and commercial commitments into planning cases. Prepare production, margin, and sensitivity outputs and explain material changes.
• Maintain the quality and continuity of analytical work. Check inputs and outputs, document assumptions, archive issued cases, identify suspected model or data issues, and improve recurring analyses and reporting tools.
• Perform other duties and responsibilities as assigned by the supervisor.
• Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned.

Job Duties II

Job duties displayed above are not all-inclusive, site-specific responsibilities may be assigned.

Here are the incentives we offer:

• Remote Work options available for eligible positions
• Options are department and/or location specific
• 9/80 Work Schedule Option (where applicable)
• Annual Vacation Incentive (40-120 hours of additional pay) for Eligible Employees
• Paid Vacation Time
• Company-Paid Holidays
• Caregiver Leave
• Excellent 401(k) Match
• Pension Plan
• Performance Incentive
• Company-Paid Sick Leave and Long-Term Disability
• Medical, Dental, & Vision Plans; FSA and HSA options
• Company-Paid Life Insurance for Active Employees
• Healthy Rewards Program
• Service Awards Program
• Educational Assistance Plan
• Dependent Children Scholarships
• Reimbursement for Gym Membership
• Employee Discount Programs
• On-site Health Clinic (select locations)
• On-site Cafeteria (select locations)
• On-site Credit Union and ATM (Corporate office only)
• On-site Fitness Center (select locations)

PLEASE NOTE ALL JOBS DO NOT QUALIFY FOR ALL PERKS

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Requisition ID - 2259