Planning & Optimization Engineer at Marathon Petroleum

Houston, Texas, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Oil & Gas, Refining, EnergyIndustries

Requirements

Bachelor’s degree in Engineering required
Three (3) years relevant experience
Technical Services or Economics & Planning experience preferred
Skills: Action Planning, Adaptability, Business Acumen, Communication, Continuous Learning, Critical Thinking, Decision Making, Innovation, Problem Solving, Results Driven, Teamwork

Responsibilities

Coordinates the commercial aspects of refinery operations, including feedstock selection, product and intermediate placement, supply chain optimization, and market analysis
Demonstrates a fundamental understanding of refinery operations, economics, and market dynamics. Develops and communicates strategies that capture missed opportunities and closes production optimization gaps
Assists in collaboration meetings with the value chain to discuss both local and regional economic drivers
Develops optimized and executable production plans for refineries using linear programming simulation models. Modifies production plans as needed to adjust to demand/margin changes. Identifies constraints associated with refinery modeling, uses provided input to develop refinery plans
Conducts detailed analysis of buy-or-make options, considering factors such as cost, quality, supply chain implications, and market dynamics. Collaborates with cross-functional teams to gather relevant data and insights
Assists in developing decision-making frameworks and presenting findings to stakeholders
Analyzes historical refinery data to identify trends, patterns, and areas for improvement. Collaborates with cross-functional teams to validate data accuracy and completeness. Assists in developing backcast models and scenarios to evaluate past performance and identify optimization opportunities
Demonstrates understanding of refinery operations and commercial aspects of projects. Able to analyze data, identify issues, and propose solutions with guidance
Provides LP support in the development and justification of capital projects
Uses LP to develop long-term business plan for South region
Builds out turnaround cases in the LP 1 year+ ahead of time and identifies opportunities to optimize around them

Skills

Key technologies and capabilities for this role

linear programmingsimulation modelsrefinery operationssupply chain optimizationmarket analysisproduction planningfeedstock selectioneconomic analysiscritical thinking

Questions & Answers

Common questions about this position

What education and experience are required for this role?

A Bachelor’s degree in Engineering is required along with three years of relevant experience.

What are the key skills needed to succeed in this position?

The key characteristics for success are communication, critical thinking, driving for results, and adaptability.

What is the salary or compensation for this role?

This information is not specified in the job description.

Is this position remote or does it require working in an office?

This information is not specified in the job description.

What is the company culture like at MPC for this team?

MPC fosters a collaborative team environment that welcomes new ideas, encourages diverse perspectives, and develops its people.

Marathon Petroleum

Refines and markets petroleum products

About Marathon Petroleum

Marathon Petroleum Corporation operates in the energy sector, focusing on refining and marketing petroleum products. They process crude oil into usable products like gasoline, diesel, and jet fuel at the largest refining system in the United States, located in Findlay, Ohio. Their extensive network includes branded retail locations across the country, primarily under the Marathon brand, serving individual consumers and businesses that need bulk fuel supplies. Additionally, they have a midstream subsidiary, MPLX LP, which gathers, processes, and transports crude oil and natural gas, facilitating the supply chain from raw materials to refineries. Marathon Petroleum's integrated business model allows them to control multiple stages of the supply chain, optimizing operations and reducing costs, which enhances profitability. The company's goal is to maintain strategic growth and operational excellence while serving a diverse range of clients efficiently.

Findlay, OhioHeadquarters

1887Year Founded

IPOCompany Stage

EnergyIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

401(k) Company Match

Parental Leave

Professional Development Budget

Performance Bonus

Risks

Volatility in crude oil prices can impact MPC's profitability.

Stricter environmental regulations may increase operational costs for MPC.

The rise of electric vehicles could reduce demand for MPC's gasoline products.

Differentiation

MPC operates the largest refining system in the United States.

The company has a strong integrated business model from refining to retail.

MPC's midstream operations through MPLX LP enhance its supply chain control.

Upsides

MPC's focus on operational excellence ensures competitive advantage and profitability.

Recognition for energy efficiency by the EPA highlights MPC's commitment to sustainability.

MPC's extensive retail network strengthens its market presence and customer reach.

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