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This profile was last updated on 3/13/15  and contains information from public web pages.

Group Head of Trading

Email: m***@***.com
Mercuria Energy Trading S.A.
5 Greenway Plaza, Suite 810
Houston , Texas 77046
United States

Company Description: Mercuria Energy Canada Inc. (MECI) was formed after the acquisition of the Navitas Energy Group Ltd in March 2006. MECI aggregates and trades over 10 different...   more

Employment History


  • M.S. , Shipping , Trade and Finance
    International Centre for Shipping , Trade and Finance
  • B.S. , Chemistry
    University of London
12 Total References
Web References
This is a transparent and reliable ..., 13 Mar 2015 [cached]
This is a transparent and reliable model that puts the client first to ensure the quality and delivery of their energy needs to their marine vessels," said Magid Shenouda, Mercuria's global head of trading. "We are investing substantial resources into the bunkering business. Minerva is the natural complement to Mercuria's fuel oil trading structure." Shenouda continued, "We are building upon Mercuria's skill sets and balance sheet to expand relationships in the physical fuel oil business.
"This is a natural expansion of ..., 15 Dec 2014 [cached]
"This is a natural expansion of our robust fuel oil trading infrastructure," said Magid Shenouda, Mercuria's group head of trading.
"With many years of experience in ship fuel management, these individuals have specialized skills to help reduce marine fuel price risk and control costs for counterparties," continued Shenouda.
NEW YORK (Reuters) - Goldman ..., 29 Oct 2013 [cached]
NEW YORK (Reuters) - Goldman Sachs (GS.N) global commodities co-head Magid Shenouda is leaving after 14 years at the bank, according to an internal memo seen by Reuters, the Wall Street firm's second senior-level departure in as many weeks.
London-based Shenouda, who has run the commodities business for the past two years alongside New York-based Greg Agran, had been credited with helping build out Goldman's physical energy trading franchise - a part of the bank that is under intense political and regulatory scrutiny in the United States.
Shenouda joined Goldman in 1999 from privately held Swiss-based commodity trading house Trafigura, where he traded fuel oil. He went on to run Goldman's European crude oil and products trading business, as well as European power and gas. He was made partner at the bank in 2008, the memo said.
Environmental and Energy Study Institute, 6 Jan 2006 [cached]
Magid Shenouda, Goldman's head of European power and gas trading in London, said the volume traded in the European market has grown to over 300 million tonnes of carbon dioxide (CO2) in 2005. At an average price of about 20 euros per tonne of CO2, that equates to a market of roughly 6 billion euros ($7.1 billion). Shenouda said, "What is clear is that it's massive and it's growing.... the market was trading 100,000 tonnes a day, max, last year and it's up to 1.5 million to 2.5 million a day more recently. The bottom line, Goldman maintains, is that global capital markets, long blamed for fostering environmental destruction, can now be a force for environmental reconstruction. "We believe Kyoto will play an important role in reducing greenhouse gases," Shenouda said.
Weathervane - Speaker Bios, 4 April 2006 [cached]
Magid ShenoudaManaging Director, Goldman Sachs
Magid Shenouda is a managing director at Goldman Sachs in London, where he heads European gas and power trading.He joined Goldman Sachs in 1999 as an oil trader.Prior to joining the firm, Shenouda worked as a physical fuel oil and feedstock's trader for Trafigura Ltd.He earned a B.S. (Hons) in Chemistry from the University of London in 1992 and an M.S. in Shipping, Trade and Finance from the International Centre for Shipping, Trade and Finance (City University Business School) in 1994.
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