ExxonMobil(US:XOM) 智通财经网·2025-09-26 09:24Group 1 - ExxonMobil has doubled the number of traders in the UK over the past two years, aiming to leverage its extensive global energy infrastructure for increased profits [1] - The company currently employs around 300 traders, analysts, and support staff in London and is actively recruiting globally to expand its network [1] - Despite the expansion, ExxonMobil's trading division remains smaller than competitors like BP and Shell, and its strategy is more conservative compared to peers [1] Group 2 - The growth in personnel is primarily due to external hiring, with some staff relocating from Brussels after a shift in trading operations [1] - CEO Darren Woods is focusing on arbitrage opportunities related to the company's assets, adopting a more cautious approach than European competitors [1] - The expanded London trading department will cover crude oil, natural gas, refined products, electricity, and freight, with ongoing recruitment including plans to hire graduates [1] Group 3 - In Singapore, ExxonMobil has hired the former head of Vitol Group's LNG business, Sid Bamba Waller, to lead its global LNG trading efforts [2] - The company aims to double its LNG sales to over 40 million tons per year by 2030 [2] - ExxonMobil is adjusting its compensation structure to align more closely with industry standards, offering performance-based cash bonuses to traders [2] Group 4 - As the London trading team expands, ExxonMobil plans to close its long-standing office in Letham Head, with remaining employees transitioning to the London trading center or the Fawley refining and integrated base [2]