Agenda

Agenda

Energy Risk Europe New Agenda

07:4508:45

Breakfast briefing
Investment opportunities in the new era of European power trading (invitation only)

07:45 - 08:45

Thumbnail

Interest in power trading is rising as electricity takes an ever-more central role in the transition to the low carbon economy. Europe’s electricity markets are maturing and presenting some exciting new investment opportunities. Liquidity in electricity futures is growing fast with volumes in major contracts up 25% year-on-year.  With oil and gas majors now entering the electricity sector as providers, opportunities to trade power futures have never been higher. Find out more at this breakfast briefing hosted by Energy Risk and EEX which will cover:

  • Why trade power futures? What trading opportunities are there in European power futures?
  • What are the major trading hubs and how do they interconnect?
  • What contracts are available and how liquid are they?
  • What are the major risks to investment funds trading power?
  • Assessing the latest products and arbitrage opportunities
  • A look at margining, clearing and electronic market access

Register your interest here

Tim Greenwood

Director of sales and managing director, exchange

European Energy Exchange (EEX)

Tim holds the roles of director of sales and managing director, exchange at the European Energy Exchange AG.

Tim has been working at the European Energy Exchange for the last 15 years in a number of client facing roles. In addition, he is also a member of the supervisory board of the PXE Power Exchange Central Europe. Tim’s speciality is in the power markets and the expansion of trading and clearing solutions to new market areas.

Tim was previously the managing director of the Global Environmental Exchange and also has extensive experience in emissions trading. Before that, he worked as a specialist for a boutique consultancy firm advising utilities on energy liberalization transition.

Tim is originally from the UK but has been living in Germany for the last 20 years and has Brexit-proof citizenship of both countries. He studied Economics at Sheffield and finished his MSc in Economics at Nottingham university. In addition, he completed the CFA Chartered Financial Analyst program and is currently an ADA fellow, a movement for the promotion of digital transformation in Germany.

 

Chris Macaree

Senior sales manager

European Energy Exchange (EEX)

Chris is a senior sales manager at the European Energy Exchange (EEX). Chris has over 15 years of experience working in a variety of positions in Financial Companies. He is currently responsible for European based Hedge fund and other buy side client activity at EEX. Chris is focusing on innovative ways to build the financial investment side of EEX’s business, as well as forging strong working relationships with existing investors within the EEX framework.

Chris’ career started at U.S broker Lind Waldock & Co and has since seen him engaged in roles at, Goldman Sachs, Constellation Energy, EDF Trading and Societe Generale.

08:3008:50

Registration and refreshments

08:30 - 09:00

08:5009:00

Welcome remarks

08:50 - 08:55

Stella Farrington

Senior editor, Energy Risk

Energy Risk

09:0009:05

Chair's opening remarks

11:40 - 11:45

Earl Burns

GM – Global Risk, Pricing & ERM

Phillips 66

Earl Burns Jr. is general manager, Global Risk, Pricing & Enterprise Risk Management, for Phillips 66. He has more than 25 years of experience in the energy sector serving in various operating, financial, trading and supply roles.

Burns was previously manager, Americas Distillate Trading in the Commercial organization. Prior to that, he resided in London and held the role of manager, Crude Trading Europe, Med, Africa and Russia for Phillips 66 Limited, where he was responsible for all crude trading and supply activities.

He began his career with Mobil Oil Corporation in a variety of positions in the U.S., Africa and Latin America inclusive of treasury, financial trading, logistics and sales positions. Previously, Burns served as the crude trading manager for BP in Chicago as well as manager, Global Strategy and Commercial Development (Commercial Marine) at ConocoPhillips. Prior to his time at ConocoPhillips, Burns spent five years in the U.S. Naval Reserve, receiving an honorable discharge as Lieutenant.

Burns holds a Bachelor of Science degree in marine engineering from the United States Merchant Marine Academy (Kings Point), a Master of Science degree from Purdue University, and a Master of Science degree from the University of Pennsylvania.
 

09:0509:35

Keynote: navigating through increasing geopolitical tensions and volatility

09:00 - 09:30

Ade Adeola

Managing Director, Energy and Natural Resources

Standard Chartered Bank

09:3510:00

Disruption and innovation keynote: deep hedging

09:30 - 10:00

Deep Hedging:

  • What is it, what are the benefits?
  • How machine learning can drive better risk management
  • To proxy-hedge or not?  Insights into tricky dilemmas
  • Managing complex assets in thin markets: a practical application
Neil Palmer

Co-Head of Client Solutions

Beacon Platform

Neil joined Beacon in 2016.  Prior to that he had twenty years' experience in a variety of front office quant and structuring roles - including at RWE Supply & Trading, Goldman Sachs, Constellation Energy, BP and Centrica.

Neil read Mathematics at the University of Cambridge and has a Masters in Mathematical Trading and Finance from Cass Business School.

10:0010:40

Technology panel – knowing where to invest

10:00 - 10:40

  • How to avoid both over-investing and getting left behind
  • Cloud, blockchain, RPA, machine learning, AI - how do you know when it’s right for your organisation?
  • Should investment decisions be based on what your competitors are doing?
  • Use-case examples of new technologies in commodities
  • Which technologies are most likely to take off?
Jason Tate

Chief Operating Officer European Gas & Power

BP

Since joining BP in 2002, Jason has worked in various areas within BP’s chemical, natural gas, NGL and power businesses.  These include Business Development, Strategic Planning, Logistics, Systems Implementation, Project Management, Asset Optimization, Trading and Origination.  In his current role with the company, Jason has the responsibility for leading the commercial and operational activities associated with BP’s European gas and power business.

Prior to his recruitment by BP, Jason worked in various Risk Management and Industrial Development segments for CSX, a major railroad in the Eastern United States.

Jason holds a Bachelor of Science degree in Risk Management/Business from Florida State University and attained his MBA from the Kellstadt Graduate School of Business at De Paul University in Chicago.

Jason has served on committee’s for numerous transportation, biofuel and energy industry board’s and is active in national natural gas, power and environmental commodity organizations.  He is married with two daughters and one son and currently resides in London. 

Marco Scherer

Senior Vice President, Sales & Trading IT

Uniper

Sidhartha Dash

Research director

Chartis

Sidhartha is a Research Director at Chartis with over 20 years of experience in the financial, energy, and commodities markets in various functions across the trade life-cycle (risk management, trading, and product structuring) and software development life-cycle (risk, analytics, and trading). Sidhartha has held various roles in product development, trading, risk management, software development, and consulting in banks, hedge funds, and risk advisory and software firms, including Standard Chartered Bank, TCG Group, HCL, and Cognizant.

His specific areas of interest and research include risk data, model risk management, quantitative models in illiquid markets, high performance analytics, energy and commodity trading risk, market structure design, new computational models, and the use of innovative mathematical methods in various emerging areas of risk management.

Sidhartha holds an MBA from the Indian Institute of Management and is a qualified Chartered Alternative Investment Analyst CAIA , Financial Risk Manager (FRM) and Energy Risk Professional (ERP) member of GARP.

 

10:4011:20

IMO 2020 panel – impact on markets, pricing and hedging

10:40 - 11:20

  • Managing the market risk around IMO 2020 for oil, products and gas
  • How will crack spreads respond longer term?
  • How will crude prices and spreads be impacted in the short, medium and longer term?
  • Outlook for low sulfur fuel oil hedging contracts
Earl Burns

GM – Global Risk, Pricing & ERM

Phillips 66

Earl Burns Jr. is general manager, Global Risk, Pricing & Enterprise Risk Management, for Phillips 66. He has more than 25 years of experience in the energy sector serving in various operating, financial, trading and supply roles.

Burns was previously manager, Americas Distillate Trading in the Commercial organization. Prior to that, he resided in London and held the role of manager, Crude Trading Europe, Med, Africa and Russia for Phillips 66 Limited, where he was responsible for all crude trading and supply activities.

He began his career with Mobil Oil Corporation in a variety of positions in the U.S., Africa and Latin America inclusive of treasury, financial trading, logistics and sales positions. Previously, Burns served as the crude trading manager for BP in Chicago as well as manager, Global Strategy and Commercial Development (Commercial Marine) at ConocoPhillips. Prior to his time at ConocoPhillips, Burns spent five years in the U.S. Naval Reserve, receiving an honorable discharge as Lieutenant.

Burns holds a Bachelor of Science degree in marine engineering from the United States Merchant Marine Academy (Kings Point), a Master of Science degree from Purdue University, and a Master of Science degree from the University of Pennsylvania.
 

Richard Fullarton

Founder and Chief Investment Officer

Matilda Capital Management Ltd

Richard is founder and Chief Investment Officer (CIO) of Matilda Capital Management, a commodity derivatives fund manager specialising in relative value strategies in oil, products and natural gas. He previously worked at Glencore where he was a Senior Energy Derivatives Portfolio Manager and at Shell Trading London where he was the Team Leader Crude Oil Derivatives Trading for over thirteen years and instrumental in building the company’s global crude oil and product options trading business. He was educated in Australia

Ahmed Mehdi

Energy Specialist

Oxford Institute for Energy Studies

Ahmed Mehdi is an energy consultant who advises oil companies and trading houses on oil and gas pricing, country strategy and energy economics. He previously acted as an advisor to BHP Petroleum’s strategy division and spent several years working with PricewaterhouseCoopers (PwC) in London. Ahmed is a Research Associate at the Oxford Institute for Energy Studies (OIES). Ahmed comments widely on energy issues in the media, including the New York Times, Bloomberg, Foreign Affairs, Middle East Economic Survey (MEES), Petroleum Economist and S&P Global Platts. He is the founder of the London-based Commodities Intelligence Network. Ahmed was educated at the University of Oxford and University College London.

Stella Farrington

Head of Content

Energy Risk

Stella Farrington has been writing about energy markets for 20 years, working at Futures World News and Dow Jones Newswires before moving to Energy Risk in 2004. She spent eight years as the editor of Energy Risk and the last six as a writer, before moving into her current role as Energy Risk’s head of content.

Sunil Krishnakumar

Senior Technical Adviser

International Chamber of Shipping

11:2011:40

Morning break and meet the authors

11:20 - 11:40

Meet the authors – Join Risk Book authors Joaquin Narro, Managing Director and Monica Caamano, Director from Alcazar Investment Management at the Risk.net stand. Discuss key industry insights from their new book ‘Systematic trading in energy markets’.

Joaquín Narro

Managing Director

Alcazar Investment Management

Monica Caamano

Director

Alcazar Investment Management

Dr Monica Caamano, Director, Alcazar Investment Management Ltd

Monica has been Head of Research at Alcazar Investment Management Ltd since 2012. She has experience in research and development of quantitative models (focussing on commodity markets); implementing proprietary derivatives trading strategies; Portfolio management including analysis, trading and execution as well as risk management. Monica has a PhD in Nuclear Physics and a degree in Physical Sciences.

11:4012:45

Stream

Stream 1: Disruptive forces & digitalisation

Chair's opening remarks

11:40 - 11:45

Neil Palmer

Co-Head of Client Solutions

Beacon Platform

Neil joined Beacon in 2016.  Prior to that he had twenty years' experience in a variety of front office quant and structuring roles - including at RWE Supply & Trading, Goldman Sachs, Constellation Energy, BP and Centrica.

Neil read Mathematics at the University of Cambridge and has a Masters in Mathematical Trading and Finance from Cass Business School.

A quantamental outlook for commodity markets

11:40 - 12:10

  • How much variability from oil comes from fundamentals v non-fundamentals (PCA)     
  • Oil dry powder, mismatches and flow       
  • Mismatches
  • Brent curve recognition – ACH model and RSI       
  • OBOS                       
  • Seasonality
  • Blending signals together and backtesting them             
Michael Haigh

Managing Director, Global Head of Commodities Research

Societe Generale

Michael Haigh, Managing Director, Global Head of Commodities Research, SOCIETE GENERALE

Michael Haigh is Managing Director and Global Head of Commodities Research for Société Générale and is based in NYC. For 2017, 2016, 2015, 2014 and 2013, SG CIB has been voted by the industry as the Best Overall in Commodity Research in both Risk and Energy Risk, two highly respected publications dedicated to risk management, trading and regulation for the global commodity markets. Immediately prior to running the Global Commodities Research team, Haigh was Global Head of Commodities Research at Standard Chartered Bank, based in Singapore. Prior to joining Standard Chartered Bank, Haigh held the positions of Managing Director at K2 Advisors LLC, a Global Hedge Fund of Funds, where he focused on Commodity Research/Investing and also as Managing Director and US Head of Commodities Research and Strategy at Société Générale in NYC. Haigh also spent several years as the Associate Chief Economist at the US Commodity Futures Trading Commission (CFTC). Haigh began his career in academia and held a position as a tenured Associate Professor of Economics at the University of Maryland, US. Haigh has taught graduate (MBA) & undergraduate derivative courses at several universities including NYU Stern School of Business, Johns Hopkins University and George Washington University and has supervised numerous Ph.D. dissertations on the commodity and financial markets. He has published numerous scholarly research papers on commodity and derivative markets in several leading journals including the Journal of Finance, Journal of Business, Journal of Futures Markets and the Journal of Applied Econometrics. Michael holds a PhD in Economics with a minor in statistics from North Carolina State University.

The future of blockchain technology in the energy sector

12:20 - 12:50

  • What progress has been made in blockchain applications in energy?
  • Is blockchain the future for trade financing?
  • What impact could asset tokenisation have on commodities markets?
  • Where are the most valuable applications of blockchain in commodities?
  • Could blockchain advance the sustainability agenda?

Etienne Amic is CEO of VAKT, a blockchain-based platform designed to streamline physical energy post-trade processes. He is also the Chairman and a co-founder of Vortexa, a cargo tracking and analytics company delivering market intelligence on crude oil and refined products trade in real-time. Etienne has over 20 years’ experience in commodities trading. He was Head of European Energy at Mercuria Energy Group. Before that, he was a Managing Director at J.P. Morgan and held a number of senior roles in trading, sales and principal investments over a period of 9 years at the bank. Prior to that, Etienne was the Global Head of Commodities at Credit Agricole CIB. Etienne started his career at TOTAL as a power and oil trader.
Etienne holds a M. Sc. In Quantum Physics and a Ph.D. in Theoretical Physics from Universite Pierre et Marie Curie, a M. Sc. In Financial Markets from Universite Paris Dauphine and M. Sc. in Engineering from Mines ParisTech. He is a former
student from Ecole Normale Superieure, Paris.

Stream

Stream 2: Risk management

Chair's opening remarks

11:40 - 11:45

Earl Burns

GM – Global Risk, Pricing & ERM

Phillips 66

Earl Burns Jr. is general manager, Global Risk, Pricing & Enterprise Risk Management, for Phillips 66. He has more than 25 years of experience in the energy sector serving in various operating, financial, trading and supply roles.

Burns was previously manager, Americas Distillate Trading in the Commercial organization. Prior to that, he resided in London and held the role of manager, Crude Trading Europe, Med, Africa and Russia for Phillips 66 Limited, where he was responsible for all crude trading and supply activities.

He began his career with Mobil Oil Corporation in a variety of positions in the U.S., Africa and Latin America inclusive of treasury, financial trading, logistics and sales positions. Previously, Burns served as the crude trading manager for BP in Chicago as well as manager, Global Strategy and Commercial Development (Commercial Marine) at ConocoPhillips. Prior to his time at ConocoPhillips, Burns spent five years in the U.S. Naval Reserve, receiving an honorable discharge as Lieutenant.

Burns holds a Bachelor of Science degree in marine engineering from the United States Merchant Marine Academy (Kings Point), a Master of Science degree from Purdue University, and a Master of Science degree from the University of Pennsylvania.
 

Connecting ERM and financial steering

11:40 - 12:10

  • How commodity risk links into the overall risk perspective
  • Communication between ERM and traditional risk departments
  • The growing influence of ERM on financial risk management
  • What ERM and financial risk
Henrik Specht

director risk analysis and deputy CRO

Vattenfall

Risk managing the renewable liquid fuels portfolio

12:20 - 12:45

  • Global landscape for renewable fuels 
  • Market effects
  • Portfolio challenges
  • Risk managing the portfolio
Earl Burns

GM – Global Risk, Pricing & ERM

Phillips 66

Earl Burns Jr. is general manager, Global Risk, Pricing & Enterprise Risk Management, for Phillips 66. He has more than 25 years of experience in the energy sector serving in various operating, financial, trading and supply roles.

Burns was previously manager, Americas Distillate Trading in the Commercial organization. Prior to that, he resided in London and held the role of manager, Crude Trading Europe, Med, Africa and Russia for Phillips 66 Limited, where he was responsible for all crude trading and supply activities.

He began his career with Mobil Oil Corporation in a variety of positions in the U.S., Africa and Latin America inclusive of treasury, financial trading, logistics and sales positions. Previously, Burns served as the crude trading manager for BP in Chicago as well as manager, Global Strategy and Commercial Development (Commercial Marine) at ConocoPhillips. Prior to his time at ConocoPhillips, Burns spent five years in the U.S. Naval Reserve, receiving an honorable discharge as Lieutenant.

Burns holds a Bachelor of Science degree in marine engineering from the United States Merchant Marine Academy (Kings Point), a Master of Science degree from Purdue University, and a Master of Science degree from the University of Pennsylvania.
 

12:4513:45

Lunch and networking break

12:45 - 13:45

13:4514:55

Stream

Stream 1: Disruptive forces & digitalisation

Impacts of AI and machine learning on commodities trading

13:45 - 14:15

Federico Tondi

Head of Technology Innovation

Shell

Forecasting prices of electricity futures

14:15 - 14:55

  • The need for electricity
  • The cost-price conundrum
  • A balancing act
  • The power market
  • Pricing futures
  • Tail events and regime changing in electricity markets
Joaquín Narro

Managing Director

Alcazar Investment Management

Stream

Stream 2: Risk management

Renewables in a non-feed in tariff world panel

13:45 - 14:25

  • Outlook for renewables over the next decade
  • Will Renewable Power Purchase Agreements (PPAs) replace Feed-In Tariffs?
  • Update on the latest development in the Renewable PPA space
Christoph Bilshausen

Head Origination Germany

Axpo

Jonas Nihoej

Director of Energy Trade

European Energy

Jens Gobel

head of power and emissions trading

ENI Trading & Shipping

Jens Gobel started his career at Enron Capital & Trading in the Continental European Power desk in London in 1998. Eventually Jens served in various roles in Origination, Trading and Principal Investments at Enron’s offices in London, Houston and Frankfurt. In 2002 he joined Statkraft Markets in Germany as Head of Structuring and eventually assumed more commercial responsibility as Head of Origination for Western Europe, managing director of Statkraft’s Hungarian affiliate and “Prokurist” for Statkraft Markets GmbH.

In 2008 he joined the Leadership Team of Shell Energy Trading where he was responsible for Power Trading Development. After the merger with Shell Energy Europe Jens became Head of Structured Trading Power at the merged entity Shell Energy Europe. He also served on the Board of the Shell UK Pension trust company and served on its Investment Committee.

Since July 2013 Jens has been with eni Trading And Shipping in London and currently serves as Head of Power and Emissions Trading. Since June 2015 Jens has also been a Deputy Chairman on the EEX Exchange Council.

 

Viviana Ciancibello

Senior Business Developer

European Power Derivatives

Rudi Colin

Head of Services to Renewables

Engie

In charge if the upstream origination activities in CWE countries for both subsidized and non-subsidized renewable assets
 

Creating a more efficient end of day

14:25 - 14:55

Matthew Joy

Senior product manager for energy & commodities

TP ICAP

14:5515:20

Afternoon break and knowledge cafes
Grab a coffee and join a roundtable of your choice to share ideas and network with fellow industry professionals

14:55 - 15:20

Table 1: Benchmark, measure and manage portfolio exposure to climate risk - Daniel Norton, head of energy supply hedging, Centrica

Table 2: Rethinking the ERM framework - Best practices and challenges - Ulrich Adamheit, head of business risk analysis, Vattenfall

 

Daniel Norton

Head of Energy Supply Hedging

Centrica

Daniel leads the team buying gas, electricity and renewable certificates for British Gas’ residential and business customers – the largest supply portfolio in the UK. He is responsible for complying with the obligations placed on UK energy retailers and reporting on the carbon intensity of the fuel mix. More than ever, he finds that this activity is driven by customers’ requirements for green energy supply and sourcing products to meet those needs.

Ulrich Adamheit

Head of Business Risk Analysis

Vattenfall

Ulrich Adamheit has 15 years’ experience in energy business, mainly in electricity Transmission topics (TSO), Corporate Strategy, Environmental Strategy and Environmental Risk Management, Corporate Sustainability and currently in Corporate Risk Management. He is German, lives with his wife and three children in Stockholm/Sweden, leading different international teams for many years. On the current job he provides independent oversight by delivering independent second opinions on Vattenfall’s business´s risk profiles and risk management activities and risk culture. Since 2019, Ulrich is member of the Board of Swedish Risk Management Association (SWERMA).

15:2015:50

European electricity trading in a time of change

15:40 - 16:10

  • Outlook for liquidity and volatility
  • Has the regulatory drive to increase clearing been helpful for power markets?
  • Is the move still ongoing?
  • Is more spec trade required and will it come?
  • The role of regional power markets – do they provide the best way of managing basis risk or do they split liquidity?
  • What will be the biggest influences on power curves in future?
Tim Greenwood

Director of sales and managing director, exchange

European Energy Exchange (EEX)

Tim holds the roles of director of sales and managing director, exchange at the European Energy Exchange AG.

Tim has been working at the European Energy Exchange for the last 15 years in a number of client facing roles. In addition, he is also a member of the supervisory board of the PXE Power Exchange Central Europe. Tim’s speciality is in the power markets and the expansion of trading and clearing solutions to new market areas.

Tim was previously the managing director of the Global Environmental Exchange and also has extensive experience in emissions trading. Before that, he worked as a specialist for a boutique consultancy firm advising utilities on energy liberalization transition.

Tim is originally from the UK but has been living in Germany for the last 20 years and has Brexit-proof citizenship of both countries. He studied Economics at Sheffield and finished his MSc in Economics at Nottingham university. In addition, he completed the CFA Chartered Financial Analyst program and is currently an ADA fellow, a movement for the promotion of digital transformation in Germany.

 

15:5016:30

Talent in energy: attracting and retaining the best for your team in today’s industry

16:10 - 16:50

  • What the key motivators are for talent looking to move
  • How can companies retain talent for the longer term
  • Diversity and inclusion
  • How millennials perceive the energy industry and why a graduate would choose to enter energy trading and risk management over financial services
Michele Governatori

Head of Public and Regulatory Affairs

Axpo Italia

<p>Michele Governatori is Director of Public and Regulatory Affairs for Axpo Italia S.p.A. . Before joining the Axpo group in 2004, he has been working for Eni, Edison, and for the Italian state-owned Single Buyer of electricity. <br />After his BA in Economics at Bocconi University in 1996, he completed the Master in Management of the Energy and Environment Industry of Eni Corporate University. <br />Since 2013 he is President for the Italian Energy Traders and Wholesalers Association (AIGET).</p>

Anthony Baron

director

Eleven Recruitment

Fiona Jackson

Founder and CEO

Fiona Jackson Consulting Ltd

Phil Harding

Head of content, Risk.net marketing solutions

Risk

16:3017:10

Climate risk panel – how is the transition to the low carbon economy impacting energy firms?

16:50 - 17:30

  • What’s the impact on energy firms of the green investment movement?  
  • Impact of climate change related risk on the energy companies portfolio
  • How can energy firms accurately quantify transition risk?
  • What action is being taken to mitigate this risk?
  • Considering both the needs of energy customers and the investor community
  • Best practices in climate risk disclosure and environmental impact disclosure
Daniel Norton

Head of Energy Supply Hedging

Centrica

Daniel leads the team buying gas, electricity and renewable certificates for British Gas’ residential and business customers – the largest supply portfolio in the UK. He is responsible for complying with the obligations placed on UK energy retailers and reporting on the carbon intensity of the fuel mix. More than ever, he finds that this activity is driven by customers’ requirements for green energy supply and sourcing products to meet those needs.

Ulrich Adamheit

Head of Business Risk Analysis

Vattenfall

Ulrich Adamheit has 15 years’ experience in energy business, mainly in electricity Transmission topics (TSO), Corporate Strategy, Environmental Strategy and Environmental Risk Management, Corporate Sustainability and currently in Corporate Risk Management. He is German, lives with his wife and three children in Stockholm/Sweden, leading different international teams for many years. On the current job he provides independent oversight by delivering independent second opinions on Vattenfall’s business´s risk profiles and risk management activities and risk culture. Since 2019, Ulrich is member of the Board of Swedish Risk Management Association (SWERMA).

Stella Farrington

Senior editor, Energy Risk

Energy Risk

17:1017:15

Chair's closing remarks

17:30 - 17:40

Earl Burns

GM – Global Risk, Pricing & ERM

Phillips 66

Earl Burns Jr. is general manager, Global Risk, Pricing & Enterprise Risk Management, for Phillips 66. He has more than 25 years of experience in the energy sector serving in various operating, financial, trading and supply roles.

Burns was previously manager, Americas Distillate Trading in the Commercial organization. Prior to that, he resided in London and held the role of manager, Crude Trading Europe, Med, Africa and Russia for Phillips 66 Limited, where he was responsible for all crude trading and supply activities.

He began his career with Mobil Oil Corporation in a variety of positions in the U.S., Africa and Latin America inclusive of treasury, financial trading, logistics and sales positions. Previously, Burns served as the crude trading manager for BP in Chicago as well as manager, Global Strategy and Commercial Development (Commercial Marine) at ConocoPhillips. Prior to his time at ConocoPhillips, Burns spent five years in the U.S. Naval Reserve, receiving an honorable discharge as Lieutenant.

Burns holds a Bachelor of Science degree in marine engineering from the United States Merchant Marine Academy (Kings Point), a Master of Science degree from Purdue University, and a Master of Science degree from the University of Pennsylvania.
 

17:1518:15

Networking drinks reception

17:15 - 18:15

Thumbnail