Stephen Sims Email & Phone Number

Houston, Texas, US

Help new technology startups targeting the energy industry. I am part of a group of 50 experienced industry professionals who provide pro bono guidance and mentoring for new technology startups targeting the energy industry.

Los Altos, CA, US

Universal Fuel Technologies has a new catalyst and process, flexiforming, that converts naphtha into gasoline at 1/3 the cost of current technology with comparable yields to semi-regen reforming + isom. An existing semi-regen reformer can be converted into a flexiformer at low cost giving yield improvement worth $50 MM/yr for a 20 K BPD plant.With ethanol.

LYONDELLBASELL - HOUSTON, TX AUG 12 - nowAssessed current situation and recommended procurement practices for technical materials and services with focus on operations’ requirements and procurement for capital projects.World Bank – Washington, DC Oct 09-nowOil industry expert advising on privatization alternatives for KPC state owned enterprises in.

Houston, Texas, US

The Rice Clean Energy Accelerator is a 10 week program of education and mentoring of select new technology startups to help them access customers and funding. The second class just completed.Website: https://ricecleanenergy.org/

• General Methanol is funding research at Texas A&M to develop a new process to convert natural gas to methanol at half the cost of current technology. (part time)Lead all aspects of:
• Researched and create business plan
• Organize and guide university research
• Intellectual property strategy
• Equity funding presentationsGraduate courses at University of Houston to better support General Methanol and HTC
• Entrepreneurship 1&2, Private Equity

Houston, Texas, US

• Led strategy development and commercial negotiations for Downstream JVs and asset sales.
• Led formation of $8 billion refining JV (due diligence, commercial negotiations and transition to operations) that was accomplished in less than 6 months.
• Managed overall relationship and served as primary point of contact with the Board, Major Project Development Steering Committee and Operating Committee leading to both timely budget approval and approval of $3.5.
• Designed and negotiated the initial crude product inventory accounting that preserved $50 MM of value to CoP.
• Provided corporate strategy and commercial negotiation oversight for a $700MM JV refinery debottleneck which will give a 20+% return and an added 200MBD processing train which would have a 5% return advantage over.
• Developed commercial negotiation strategy for LPG import terminals in China and Indonesia that retained control of the product supply with CoP.

Houston, Texas, US

• Led the development and implementation of corporate procurement strategies for capital projects totaling $5 billion/yr worldwide.
• Provided corporate procurement guidance, review and concurrence for all oil production & Downstream projects.
• Initiated and progressed an electrical equipment strategy with potential savings of 25% worth $50MM/yr and conducted initial negotiations with major suppliers and in-house project group.

Houston, Texas, US

• Led strategy development and commercial negotiations for marine business and new ventures.
• Led strategy development and customer-focused marketing plan for a new business of shuttling crude oil in the Gulf of Mexico, potentially becoming a 5 tanker fleet generating $40MM/yr worth $250MM NPV.
• Led strategy development and commercial negotiations for a shipbuilding alliance between a US and a Korean shipyard to construct 5 tankers for $500MM saving $200+MM compared to a typical US cost.
• Led strategy development for an innovative new business to supply a remote operated, offshore crude transfer device with forecast sales of 4/yr worth $200MM NPV.

Led and managed the sales of carbon anodes to the aluminum industry worth $25 MM/yr in a complex international setting with suppliers and customers in Venezuela, Yugoslavia, Egypt, Ghana and Tajikistan.

Houston, Texas, US

Led multi-function team to develop revised future state and strategies to capitalize on the excellent product quality from a new $500MM hydrocracker.

Mba, Accounting & Behavioral Management

Ms & Bs, Chemical Engineering

Education record