Aaron D. Lockett
Missouri City,Texas
Summary
Results-driven energy industry leader with 19 years of experience in renewable fuels, trading operations, finance, and digital transformation. Leads teams in RFS and LCFS compliance, regulatory reporting, and process optimization. Translates complex regulatory requirements into scalable solutions, enhances controls, and mitigates risk. Builds partnerships and drives strategic initiatives to improve performance and support growth.
Overview
20
20
years of professional experience
Work History
Team Lead, RFS/LCFS
Shell Trading
Houston, TX
09.2023 - Current
- Led inventory management and reconciliation activities for 2MM+ LCFS state compliance credits, supporting timely reporting, retirement planning, and compliance execution.
- Led a cross-functional initiative to develop an LCFS compliance system (CI Tracker) that improved inventory controls, carbon intensity data management, and regulatory reporting processes across multiple state programs
- Served as Team Lead for the Portland Diesel Ban implementation, partnering with Commercial, Trading, Supply, and Regulatory stakeholders to develop compliant fuel supply and reporting solutions.
- Managed annual LCFS verification processes for STUSCO and Inland businesses, ensuring accurate reporting, audit readiness, and successful verification outcomes.
- Managed the preparation and submission of feedstock sustainability reports, ensuring accurate documentation, regulatory compliance, and timely reporting for renewable fuel programs.
- Managed end-to-end RIN lifecycle activities, including generation, import processing, inventory management, reconciliation, and retirement of renewable fuel credits to meet regulatory obligations.
- Oversaw the end-to-end execution of SAF blending transactions in CA/OR, supporting renewable fuel credit generation and retirement, inventory management, and regulatory reporting requirements.
Manager, Operational Excellence, Inventory & Performance
Shell Trading
01.2020 - 09.2023
- Led offshore team through monthly closing cycle to actualize 2,600+ commodity contracts, minimizing profit leakage.
- Conducted reporting for negative inventory, estimate to actuals, and inventory scorecard on monthly and quarterly basis. Oversaw all controls and audit requests.
- Led the volume team handling 6,000+ monthly onshore lease movements from point of purchase to point of delivery. Monitored lease trucks and bulk movements for accuracy in North America, while managing loss gain movements.
- Led digitalization team to create automation processes that streamlined activities and implemented latest technology in crude operations.
Commercial Lead - Digital Transformation
Phillips 66
01.2019 - 01.2020
- Led six-person cross-functional team to identify digital opportunities driving innovation and continuous improvement.
- Identified four companies for immediate returns and streamlined processes; developing Proof of Concepts (POCs) and rollout plans for Midstream.
- Evaluated 30+ start-up companies in Silicon Valley for technical and strategic direction on Digital Technology initiatives across Midstream.
Director, Business Development
Phillips 66
01.2017 - 01.2020
- Secured $500M in FEL funding to evaluate $2.8B capital spend.
- Identified growth opportunities along Gulf Coast, securing long-term fee-based revenue and strategically growing company assets.
- Managed commercial deals for $200MM storage facility and coordinated permit requirements with Louisiana Department of Natural Resources.
Director, Terminal Projects
Phillips 66
01.2015 - 01.2017
- Developed five-year $800MM capital plan with team, targeting EBITDA increase of over $150MM.
- Oversaw $100MM Methanol project projected to generate over $260MM in revenue over 15 years.
- Secured $201MM in capital funds for development of 3.2MM barrels of storage and flushing system, generating $0.8MM/year in revenue.
Natural Gas Liquid Scheduler
Phillips 66
01.2013 - 01.2015
- Managed daily inventory positions of $30MM for multiple fractionators, ensuring timely delivery of ratable and spot buy/sells of heavy NGLs to over 40 competitors.
- Developed sustainable process for selling $1MM/month of Natural Gasoline to Canadian customers, effectively clearing inventory surplus.
- Coordinated scheduling for maintenance and operations teams across multiple facilities.
- Managed daily work orders using advanced scheduling software tools.
- Communicated with cross-functional teams to ensure timely completion of tasks.
Sr. Finance & Performance Analyst
Phillips 66
01.2007 - 01.2013
- Led Long-Range Plan (LRP) development for Midstream fractionators and joint venture partners, detailing five-year growth projections and net income.
- Generated and distributed monthly financial statements for third-party joint venture, ensuring transparent financial reporting.
- Managed $37MM U.S. marketing advertising budget, developing regional brand allocations and identifying sport sponsorships to enhance brand value.
Education
BS - Marketing & International Business
Kansas State University
Manhattan, KS01-2001
Associates Degree - Accounting
Houston Community College
Houston, Texas01-2009
Skills
- Inventory Management
- Data Analytics
- Financial Analysis
- Financial Modeling
- Business Intelligence (BI)
- Endur
- Digital innovation
- Process improvement
- Excel
- PowerPoint
- Word
- Outlook
- Team leadership
- Effective communication
- Strategic Partnerships
Professional Skills Achievements
- MS Office: Excel, Word, PowerPoint, Outlook, SAP Coordinator, Right Angle, Endur, Hyperion, BI
- Commercial Manager, Recruiting - Howard University and University of Houston
- Finance Recruiter - Kansas State University
Timeline
Team Lead, RFS/LCFS
Shell Trading
09.2023 - Current
Manager, Operational Excellence, Inventory & Performance
Shell Trading
01.2020 - 09.2023
Commercial Lead - Digital Transformation
Phillips 66
01.2019 - 01.2020
Director, Business Development
Phillips 66
01.2017 - 01.2020
Director, Terminal Projects
Phillips 66
01.2015 - 01.2017
Natural Gas Liquid Scheduler
Phillips 66
01.2013 - 01.2015
Sr. Finance & Performance Analyst
Phillips 66
01.2007 - 01.2013
BS - Marketing & International Business
Kansas State University
Associates Degree - Accounting
Houston Community College