Moves: Aramco Trading names former Motiva manager as senior crude trader
30/04/2024 16:55
HOUSTON, April 30 (Reuters) - Andrew Morales, a strategy
and business manager at Motiva Enterprises, has joined Aramco
Trading Americas as a senior crude trader, according to an
internal memo seen by Reuters.
Morales previously worked at Navitas Midstream Partners,
Devon Energy DVN.N and Enterprise Products EPD.N , according
to his LinkedIn profile and the memo.
He will report to Dan House, who took over as head of crude
trading at Aramco Trading Americas in January. The unit was
launched 15 months ago after Aramco 2222.SE acquired Motiva
Trading.
Some traders at the U.S. unit briefly walked off the job in
late March to protest lower-than-expected bonuses and the
deferral of some bonus payments, people familiar with the matter
have said.
An Aramco crude oil trader, David Herel, left the company
last week.
(Reporting by Arathy Somasekhar in Houston)
((arathy.s@thomsonreuters.com; +1 832 610 7346; Twitter:
@ArathySom;))