Who We Are
PetroChina Company Ltd is a state-owned business and the publicly listed arm of the China National Petroleum Corporation “CNPC”, one of the world’s largest global commodity trading companies. PetroChina International a subsidiary of PetroChina Company Ltd serves as the international trading arm and was founded in 2002 based in Beijing and has setup multiple subsidiaries and offices in 20+ countries, including three major Oil and Gas Trading and Operation Hubs in Houston (covering the Americas), London (Europe, Middle East and Africa) and Singapore (Asia).
PetroChina International is actively exploring international markets, developing value added trades, extending the value chain, innovating in trade models, and continuously enhancing trade methods.
The Company’s trading activities are now covering more than 100 kinds of products and through merger, acquisition, investment and equity participation, several business centres have been formed and integrated with storage facilities, refining capabilities, oil tanks and terminals as well as transportation capabilities in global main energy producing areas. All these investments provide strong support for the steady development of the Company’s international businesses.
Who You Are / Your Next Challenge
As part of our continued expansion into the trading market for metals critical to the green energy transition, we are expanding our dedicated Copper trading capability. PetroChina International London (PCIL) is now seeking to appoint a commercially minded and tenacious individual to be our Junior Metals Trader, Copper / Trader, Copper (dependent upon experience and scope). This role is ideal for a base metal - copper professional looking to develop further their prior trading experience gained within a commodities trading organisation (including Mining, Financial Institutions, Hedge Funds, NOC).
Whilst this is a fairly new Copper desk (circa. 2 years old), the successful candidate will join an ambitious Petrochemicals Team and operate within an established global trading organisation, with existing systems, risk frameworks and operational support already in place.
Based in our London, Charing Cross office, you will report directly to the Trading Manager, Copper with a dotted line into the GM of Petrochemicals, and will collaboratively support the day-to-day management of the global copper trading book, with increasing responsibility over time trading refined copper, concentrates, scraps, blisters, anodes, cathodes autonomously. You will naturally be involved across exposure management, hedging, market analysis, trade execution and systems integrity, while progressively developing your commercial and trading skillset, given the role will have a strong emphasis on physical trading, supported by derivatives to grow a profitable portfolio with long-term scale potential.
Therefore, the role requires previous experience in both the physical and derivatives markets, working closely a range of internal and external stakeholders including counterparties. You will have significant exposure and working capability overseeing negotiations processes, i.e., preparation, identification and evaluation of potential sources of new business by leveraging PetroChina’s global footprint/ platform for maximum synergistic opportunities. The successful candidate will need to be a self-starter, and solution-focused in approach, and be able to communicate effectively. So, if you’re open to a new challenge, in a fast-paced environment, which brings extremely high rewards, we would like to hear from you.