BB Energy USA Announces New Managing Director and Regional Head of Trading

Joe joins BB Energy with over 20 years of experience in Crude and Fuel Oil Trading, most recently serving as Global Head of Light Crude Trading at Suncor. His extensive experience also includes senior trading positions at Hartree Partners LP, Mercuria, and BP.

In his new role, Joe Garcia will report directly to BB Energy CEO, Mohamed Bassatne, and will be responsible for driving BB Energy USA’s ambitious growth plans. His leadership will be instrumental in advancing the company’s strategic objectives in the region.

“We are thrilled to welcome Joe Garcia to our team at BB Energy USA,” said Mohamed Bassatne, BB Energy CEO. “Joe’s wealth of experience and proven track record in crude trading make him the ideal leader to spearhead our growth plans in the Americas.”

As BB Energy welcomes Joe Garcia, the company also confirms the retirement of Vitor Bruno. Vitor has been an invaluable member of the BB Energy USA team since the business was established in 2016. His contributions have been critical to the success of the company, and he leaves behind a strong legacy on which the team will continue to build.

“We are deeply grateful to Vitor Bruno for his dedication and significant contributions to BB Energy USA,” added Mohamed Bassatne. “His leadership and expertise have set a solid foundation for our success and we wish him well for his future endeavours.”

Joe Garcia will officially join the team on September 30 and will be based in the Houston office.

About BB Energy

BB Energy was founded by the Bassatne Family in the 1960s; with an operational history of more than 50 years.  Over the last decade, the Group has expanded its trading operations from the Mediterranean and is now considered one of the leading independently owned energy trading companies, globally. The Group is primarily engaged in trading Crude, refined oil products, LNG, LPG and is further diversifying into the Renewable space through the BB Energy Renewable Division and SolarCentury Africa. While BB Energy remains a physical trader, it has invested in midstream and downstream assets to create a platform for further international expansion.

Today, BB Energy is a dynamic independent energy trading company with key trading hubs in London, Dubai, Houston, and Singapore, and has approx. 370 professionals in more than 10 offices worldwide and over 500 employees including the downstream businesses. During 2023, BB Energy achieved traded volumes of c. 25 million tons of crude and petroleum products and gas which resulted in a turnover of approx. USD 18.5 billion.