NEW YORK (Reuters) by Devika Krishna Kumar – U.S. shale producers promised investors they would keep a tight rein on spending in 2021, and the restraint on drilling has extended to their hedging strategies even as crude prices surged due to disarray among OPEC and allied producing countries. Oil demand...
Continue Reading »
An Interview with David Holt, CEO of Enegen ComTech Advisory: In the recent past, it has been made easier to bring smaller generation assets to the table. Can you describe how? David Holt: Whilst National Grid ESO, the UK electricity system operator (NGE) have not updated their core...
Continue Reading »
HOUSTON, TX, UNITED STATES OF AMERICA, July 1, 2021 /EINPresswire.com/ — Enuit Inc, an award-winning provider of enterprise risk management (ETRM / CTRM) solutions for energy and commodities trading companies worldwide, today announced that it has successfully completed SOC 2 Type 1 Service Organization Controls (SOC) examination. The examination affirms Enuit’s long-standing...
Continue Reading »
Her Majesty’s Treasury (HMT) has opened a consultation, the “Wholesale Markets Review”, which primarily covers the future application of MIFID II in the UK, now that a separate jurisdiction exists following the end of the Brexit transition period. The consultation page can be found here and the document...
Continue Reading »
LONDON (Reuters) – Global copper smelting activity slipped in June after a rebound a month earlier as Chinese plants closed for maintenance, data from satellite surveillance of copper plants showed. Satellite service SAVANT and broker Marex said in a joint statement on Friday that they were now monitoring...
Continue Reading »
Coinciding with its first-year anniversary, the global technology and market leader announces that it will be changing its name and corporate brand from October 2021 Hitachi ABB Power Grids today announced that it will be evolving to become Hitachi Energy from October 2021. The decision to change name has board...
Continue Reading »
Primary energy consumption totaled 93 quadrillion British thermal units (quads) in the United States in 2020, or 7 quads less than in 2019. Fossil fuels— specifically petroleum, natural gas, and coal— accounted for 79% of total U.S. energy consumption in 2020. About 21% of U.S. energy consumption in...
Continue Reading »
Yuriy Shcherbak works for Brady as a Senior Solutions Consultant for its Fintrade software product and has some interesting takes on the market and CTRM software in general. I spoke with him last week to discuss market trends. “Metals are currently the more volatile commodities (among those served...
Continue Reading »
Late last year, Likron was acquired by Volue AS after being in business independently for around 10-years. A pioneer and a market leader in short-term trading solutions, it and the former Visotech (acquired by Trayport) have essentially dominated the market for automated trading software solutions in Europe although...
Continue Reading »
I had an interesting conversation with Enegen’s David Calmonson this week. He reports that things may have slowed a little in terms of UK power and software in recent weeks, perhaps as we go into the summer, versus how busy it was a couple of months ago. Despite...
Continue Reading »