Tomas Prokop

About

Fuel oil trader with 15 years experience with physical trading bias and solid paper strategy/execution experience. Build Shell's LSFO book in the East during IMO transition with record profitability. Broad experience across the fuel oil and feedstock trading space, including HSFO, LSFO, HSSR, LSSR and VGO. Traded both in Europe and Asia. In charge of IMO VLSFO transition and building 0.5 S book. Specialties: Fuel oil trading LSFO blending Low sulphur fuel oil, high sulphur fuel oil, feedstocks European fuel oil market, Singapore fuel oil market Physical and derivative trading (proprieatary trading, customer flow).

Experience

• Shell (Singapore)
  • Head of Fuel Oil and Bitumen Trading Asia/Middle East
    Mar 2022 - Present · 4 yrs 4 mos

    Responsible for delivery and P&L for Fuel Oil, Feedstocks and Bitumen trading East of Suez. Managing a team of 11 traders, analysts and bunker sales based in Singapore and Dubai.

  • Senior Fuel Oil and Feedstocks Trader/LSFO Book Lead
    Aug 2012 - Feb 2022 · 9 yrs 7 mos

    - LSFO Book lead Singapore: built market leading LSFO book with record profitability during IMO transition - Managed HSFO trading and blending operation at 400 k CBM storage at Universal Terminal in Singapore - Managing HSSR/feedstock blending and trading strategy in the East, including optimisation with Shell refinery system, sales to other refiners in Singapore, Korea, Japan and China. - Developing strategies to expand in the utilities trading space - Paper trading strategy - Global LSFO trading strategy

• Trader, Vice President Commodities at JPMorgan Chase
  Aug 2011 - Aug 2012 · 1 yr 1 mo

  Managed own proprietary trading book. Executed flow trading for customers in the Fuel Oil market, including pricing options. Developed physical and structured trading opportunities by partnering with bunker companies and physical players.

• Shell Trading (8 yrs 11 mos)
  • Trader - Fuel Oil
    Jan 2008 - Aug 2011 · 3 yrs 8 mos

    Physical and derivative trader at STASCO in London. Managed own book focusing on the LSFO European market. Put in place profitable physical and paper trading strategies. Completed Shell Trader Development Program in 1 year with rotations in operations, blending, futures trading.

  • Gas To Liquids Analyst
    Jan 2005 - Dec 2007 · 3 yrs

    Business Development of GTL Projects (also CTL and BTL) GTL Products pre- Marketing (Pearl GTL) Base Oil GTL R&D Coordination

  • Consultant - Financial and Economic Modelling
    Oct 2002 - Dec 2004 · 2 yrs 3 mos

    Financial and Economical modelling of projects: - capial investment projects (LNG, Pipelines) - divestment (country exits, refinery sales)