Lars Ege

Highly experienced oil product trader

Stavanger, Rogaland, Norway

About

Energy commodities professional with long experience and large contact network in physical oil products trading, risk management and componant blending into marketable grades. Specialties: Physical and derivatives distillates blending and trading. Risk management. Mentoring less experienced peers.

Experience

  • Senior Trader at MOL Group
    Sep 2017 - Apr 2021 · 3 yrs 8 mos

    Developing and maintaining profitable seaborne MED supply and trading activities Developing and executing product desk risk management activities Trading system development and implementation (OpenLink) Supporting and mentoring team members

  • Statoil (Stavanger-området, Norge)
    • Principal Middle distillate trader
      Jan 2009 - Jan 2014 · 5 yrs 1 mo

      Commercial responsibility for Statoil’s middle distillates activities in ARA. This included marketing, optimizing and trading around the physical equity volumes supplied from Shell Pernis in Rotterdam as well as blending and trading operations from own terminal.. Long experience in blending Marine diesel fuel (DMA) and various north African gasoil blends. Developing, negotiating and concluding on business cases related to rental agreements of third party oil product storages in ARA.

    • Senior Paper Trader Middle distillates
      Jun 2007 - Dec 2008 · 1 yr 7 mos

      Active paper position taking and risk control of both exchange traded futures on ICE and standard middle distillates OTC swap contracts. Marketing activity of Dutch Gasoline and Diesel biotickets

    • Senior trading Analyst
      Jun 2005 - Jun 2007 · 2 yrs 1 mo

      Responsibility for position monitoring, analysis and recommendations of potential trading opportunities for the International clean Product Trading group. Marketing activity of Dutch Gasoline and Diesel biotickets.

  • Audit Supervisor at KPMG Norway
    Jan 1992 - Jun 1997 · 5 yrs 6 mos

    Main responsibility was related to financial audits, tax planning and consultancy for external national and international customers. Training and mentoring responsibility for less experienced members of the group.