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This month, Exxon hired former BHP Billiton (LON:BLT) Plc trader Nelson Lee as an international crude trader, the people familiar with the matter said. In 2014, Lee orchestrated BHP’s first-ever crude exports by maintaining the lightly refined oil met criteria for an exportable product. The deals helped usher in the end to a U.S. prohibition on crude exports more than a year later.
The company has also added crude, products and liquefied natural gas specialists to London and Singapore offices. It recently hired Paul Butcher, a trader who has worked at BP (LON:BP) Plc, Glencore and Vitol [VITOLV.UL], to advise on North Sea markets and accounting for trading transactions.
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