Moving into high summer, US energy markets were taking stock of trends in power generation amid low gas prices. The US Henry Hub gas benchmark recently traded at historic lows, and with forward prices suggesting little upside, the fuel is…

As of January 1, 2019, U.S. operable atmospheric crude oil distillation capacity was a record-high 18.8 million barrels per calendar day (b/cd), an increase of 1.1% since the beginning of 2018, according to EIA’s annual Refinery Capacity Report. The previous…

STAMFORD, Conn., June 27, 2019 /PRNewswire/ — Effectively leveraging information technology has become critical to the success of paper, scrap and commodity exporters of all sizes, especially with today’s increasing customer demands, growing transaction volumes, logistical challenges, and exacting documentation requirements….

Risk Live: watchdog wants to know “how prevalent” ML models are, say execs Source: Risk feed

Source: Risk feed

Risk Live: Common standards for trade reporting should be mandatory, argues senior industry representative Source: Risk feed

New local centre aims to channel orders in bulk, cutting price slippage Source: Risk feed

TULSA, Okla. (PRWEB)June 27, 2019 – Waterfield Energy, a leading provider of advanced oil and gas software, has added a large chemical and energy company as an Upstream client. The client is a public oil and gas company focused on…

Risk Live: Machine learning models are changing the risk profile of banks, says UBS CRO Source: Risk feed

Natural gas storage inventories increased 98 Bcf for the week ending June 21, according to the EIA’s weekly report. This injection is near the expected injection, which was an injection of 97 Bcf. Working gas storage inventories now sit at…

Breaking taboos in the LNG industry is a time-honored tradition. The disruptors have sometimes succeeded and sometimes failed, but the commercial arc of the LNG universe is unquestionably bending towards change. These changes are happening out of necessity and not…

Issuers will struggle to adapt old deals to new STS rules, forcing banks to reshuffle HQLAs Source: Risk feed

Risk Live: Central bank adopts Sonia in Treasury swap programme, consults on restrictions for Libor collateral Source: Risk feed

By Antonella Comes, CMO, Auriga Both challenger and traditional banks are growing their focus on helping consumers save money. As customers increasingly look to save money for a rainy day and become more fiscally responsible, many banks have reacted by…

In mid-April, Colorado’s governor signed a law changing the way the state regulates its oil and natural gas industry. Senate Bill 181, also known as Protect Public Welfare Oil and Gas Operations, amends the Oil and Gas Conservation Act and…

The long running case against Fabiana Abdel-Malek, a former compliance officer at UBS AG, and Walid Choucair a day trader (see here) has returned a “guilty” verdict. Abdel-Malek was accused of providing Choucair with inside information in person, using a “burner” phone…

GFT has been working with our partner AWS to develop solutions that help financial institutions manage, transform, and store their data securely and we are delighted to be hosting a breakfast meting on 'Transforming your legacy technology' at AWS HQ…

New IMO2020 regulations coming into force have got the industry’s attention. What is this regulation? What will it mean and how will it impact us? We asked Alok Sharma of InaTech. ComTech Advisory: We notice that Inatech has been very…

Eight of the world’s biggest technology service providers were hacked by Chinese cyber spies in an elaborate and years-long invasion, Reuters found. The invasion exploited weaknesses in those companies, their customers, and the Western system of technological defense. By JACK STUBBS, JOSEPH…

Clearing houses to adjust repo balances the following day once rate moves to T+1 Source: Risk feed