TotalEnergies Gas and Power serves as the trading arm of TotalEnergies in the field of low‑carbon energies, primarily gas, LNG, and power. The business operates within fast‑evolving market dynamics shaped by both internal and external factors, requiring constant adaptation and innovation.
The trading environment is characterized by uncertainties such as price volatility and supply‑demand imbalances, compounded by broader energy sector challenges including climate change policies, shifts in the energy mix, and the emergence of new energy sources. Within this context, Trading plays a critical role in driving growth and profitability across a key segment of the business, supporting TotalEnergies’ overarching objective of achieving carbon neutrality by 2050.
ActivitiesIn this role, you will provide in‑depth analysis to identify the current and future drivers of the U.S. gas market and offer proactive advisory insights to the relevant trading desks and management. You will help build and communicate a global perspective on energy markets, strengthening the company’s understanding of cross‑market interactions. Additionally, you will represent and promote TGP’s trading activities to market partners and counterparties through reports, meetings, and participation in external events and conferences.
Purpose: This position sits within the Modelling and Analysis for Trading Strategy (MATS) department, which is responsible for the end‑to‑end design and development of quantitative models, advanced analytical and AI tools, and research that support and optimize trading decisions across all TGP trading desks. Positioned at the strategic intersection of Trading, Risk Management, and IT, the team ensures the agility, robustness, and continuous innovation of the algorithms that drive TGP’s market strategy.
Objectives: The role primarily focuses on the U.S. gas markets traded by TGPNA, while also providing exposure to and support for projects across all commodities traded by TGP — including global gas, LNG, power, emissions, and dry products.
Impact: The position directly contributes to TGP’s trading performance by delivering scalable, reusable, and intelligent solutions that support long‑term P&L growth. Success in this role requires strong technical capabilities, critical thinking, and a collaborative mindset.
Location: Based in Houston.
Key Responsibilities
Develop and maintain models to analyze U.S. gas‑market prices and fundamentals (supply, demand, storage, weather, etc.) and stay current on market structure, infrastructure, and regulations.Work with IT and data scientists to build and maintain analytical tools, automate data processes, and identify new data sources to expand U.S. gas analytics.Develop and maintain forecasting models using quantitative and qualitative methods; monitor market drivers, apply economic concepts, and act as the main point of contact for U.S. gas fundamentals on the trading floor.Track pipeline inflows/outflows in key regions and maintain regional balance models.Understand trading‑desk strategies and positions to form market views and produce trading recommendations and price forecasts.Participate in forward‑market discussions with trading desks.Collaborate with U.S. power teams and global analysts to build cross‑commodity and cross‑geography analytics, and work with quantitative analysts and data scientists to apply advanced techniques.Conduct ad hoc analyses and support projects for traders and senior management.Produce written reports and presentations for global trading desks, senior management, Paris headquarters, affiliates, and market partners.Provide analytical support to Paris headquarters (Strategy, E&P, Business Development, etc.) on market‑related topics. Candidate Profile Bachelor’s degree in Economics, Business, Mathematics, Engineering, or a related field.Excellent modeling and analytical skills with strong attention to detail, demonstrated by 1–3 years of experience in an analytical or quantitative role.Knowledge of the U.S. gas market, U.S. gas infrastructure, and physical natural‑gas flows, as well as an understanding of U.S. gas production economics and market dynamics.Experience working in a trading environment is a plus.Strong programming skills (SQL/R/Python) and familiarity with data‑visualization tools (Tableau, Power BI, etc.) are strongly preferred.Ability to explain complex issues clearly and concisely, both in written and verbal communication. Additional Information TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.