Carl Ellett

Senior Economist and Strategic Planner at PBF Energy
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Contact Information
us****@****om
(386) 825-5501
Location
Hermosa Beach, California, United States, US

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Experience

    • United States
    • Oil and Gas
    • 700 & Above Employee
    • Senior Economist and Strategic Planner
      • Aug 2017 - Present

      I work for PBF Energy (NYSE:PBF), an independent petroleum refining company with midstream pipeline and trucking terminal systems across the United States. My primary responsibility is to lead a team of four that creates short and mid-range operating tactics for PBF’s west coast business operations, an LLC with gross revenue exceeding $5b annually. Our team has 80 years of collective experience with a mix of advanced business and technical degrees. My team studies technical supply and demand trends for the Los Angeles fuels market, monitors fundamental economic factors, and tracks competitor movements to create superior feed and production run plans for the refinery. Our supply plans are executed by a separate group that arranges crude deliveries for processing and then markets its refined products. My group actively manages execution of the refinery run plan to ensure maximum product value is lifts from the crude oil we selected. It is in the crude selection, planning, coordination, oversight of execution, and submission of production forecasts that my group creates value.Other key accountabilities include:• Lead continuous improvement work processes to track lost production opportunities, cost of unreliability, fuels quality giveaway, hindsight analysis of run plans• Issue cash flow projections to the Executive Committee • Study capital investment strategies and supply chain improvements to deliver on the strategic vision provided annually by the Executive Committee• Identify, quantify, report, and track business vulnerabilities

    • Business Team Manager
      • Jul 2016 - Jul 2017

      One of four business team managers accountable for the operation and business performance of a $1Bn petroleum refinery. My team of 56 direct reports delivers safe operations and competitive business results for high-pressure, high-severity hydroprocessing operations. I am responsible for adequate staffing for my operations, procedures are available, emergency response plans are prepared, and personnel are routinely trained. Complicated by our location in a densely-populated suburb of Los Angeles, my role is regulated by multiple government agencies (OSHA, EPA, SCAQMD, FEMA). My team is managing rapidly changing regulations from government agencies that seek to restrict plant operations in response to social media assaults from local activists and rising global sentiment against the petroleum industry.Strategically, I manage improvements within my operating complex to achieve 5 and 10-year corporate goals. More recently, my team has been executing a multi-million dollar project with assistance from functional support groups to ensure safe operations for the next five years (also known as a ‘Turnaround’). The event will deliver reliability projects, catalyst upgrades and capital projects to meet regional demand for motor fuels and changing environmental regulations.

    • Oil and Gas
    • 700 & Above Employee
    • Turnaround Event Manager
      • Apr 2014 - Jun 2016

      One of two managers responsible for delivering a sequence of maintenance turnarounds with annualized cost of $150M that will ensure continuous refinery operation over equipment lifecycles. Our team of 80 cross-functional experts in piping, machinery, electrical & instrumentation, cost controls and procurement specialists developed work scope and detailed planning. The timeline for each turnaround covered several years to prepare for 40-day events that costs more than $1M per day and bring up to 1,500 craftsmen from across the country. Personal responsibilities included general team performance, maintaining external relationships with contract companies, creating contract bid strategies, design of quality control programs, oversight of logistics & communication plans, and optimizing work processes. Other achievements: Investigation lead into a plant explosion in February 2015, shared role as mechanical lead for the mechanical recovery from that event, and member of site team for transfer of refinery assets to PBF Energy.

    • Oil and Gas
    • 700 & Above Employee
    • Work Management & Hard Trades Section Supervisor
      • Jan 2013 - Feb 2014

      Managed a team responsible for planning, scheduling, work management and analytics for $42M of recurring refinery maintenance annually that used 160 employees and contractors to achieve plant utilization targets. Other achievements: Delivered a 10% reduction in annual maintenance cost via refinements to the work management system with focus on continuous improvement processes, implemented a system of maintenance planning and execution that measured productivity against industry standards, promoted use of performance-based contracts to promote accountability of contractors.

    • Process Supervisor
      • Apr 2007 - Apr 2013

      Managed 30 plant operators to safely operate a crude distillation unit, gas plant and a distillate hydrotreater that produced blend stocks for motor fuels and feed for downstream units. Responsible for achieving daily business targets set by the Refinery Coordinator. Other achievements: Member of several strike teams that studied regional plant competitiveness, process staffing requirements, minimum contractor needs, asset valuation, budget targets and cost management programs. Also, improved management accountability for their budget through education, stewardship and engagement.

Education

  • University of Oxford
    Master of Business Administration - MBA
    2019 - 2021
  • University of Oxford - Said Business School
    Post Graduate Diploma, Global Business
    2018 - 2019
  • University of Oklahoma
    Master of Business Administration (M.B.A.), Energy
    2014 - 2016
  • Lamar University
    MBA Courses
    1989 - 1989
  • University of Oklahoma – Gallogly College of Engineering
    Bachelor of Science (BS), Chemical Engineering
    1980 - 1988

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