- 31Jul
Larger Than Expected Inventory Withdrawal Supports the Price Rally
US crude oil stocks posted a decrease of 8.5 MMBbl from last week. Gasoline and distillate inventories decreased 1.8 MMBbl and 0.9 MMBbl, respectively. Yesterday afternoon, API reported a crude oil draw of 6.0 MMBbl alongside gasoline and distillate draws…
0 comments Read more31JulCaseWare RCM Appoints Former World-Check CEO to Advisory Board
CaseWare RCM, a provider of financial crime detection and prevention solutions and a division of CaseWare International Inc., today announced the appointment of Daniel Peak to its Advisory Board. Andrew Simpson, Chief Operating Officer at CaseWare RCM, noted “We are…
0 comments Read more31JulTexas ranks first in U.S.-installed wind capacity and number of turbines
As of the beginning of 2019, 41 states had at least one installed wind turbine. Of these 41 states, Texas had the largest number of turbines, with more than 13,000, and the most installed wind capacity, at 24.2 gigawatts (GW)….
0 comments Read more31JulCORRECTED-ION turns to private debt after previous loans fall flat
(Corrects paragraph one to reflect private debt commitments instead of a syndicated loan; corrects throughout) NEW YORK, July 30 (LPC) – Irish software firm ION Group secured private debt commitments in mid July to fund its acquisition of financial media…
0 comments Read more31JulLondon Marketing Agency Launches Profile-Raising Programme
MD Consulting, a London-based agency specialising in marketing and PR for the Capital Markets and FinTech sectors, is pleased to launch a 12-month profile-raising programme aimed at founders and C-Level executives working in Financial Technology (FinTech), FX, Regulation Technology (RegTech)…
0 comments Read more31JulAmphora becomes VAKT interface partner
LONDON – July 31, 2019 – Amphora, a market leader in oil commodity trading and risk management (CTRM), is delighted to become an interface partner with VAKT. Chris Mudry, CEO at Amphora says: “VAKT offers the energy industry a genuine opportunity…
0 comments Read more31JulAsian LNG landscape shifts as emerging markets liberalize
Demand growth in the global LNG market will not only hinge on new infrastructure and growing economies. It will also require an influx of additional buyers entering the market in search of clean, reliable and affordable energy. Nowhere is this…
0 comments Read more31JulJP Morgan first to issue SOFR-linked preferred stock
BoA, Goldman Sachs and others are also preparing for Libor’s end Source: Risk feed
0 comments Read more30JulTexas shale pioneers struggle to appease investors
MIDLAND, Texas (Reuters) – Seven years ago, Diamondback Energy Inc went public with a modest parcel of drillable land in the Permian Basin of West Texas. Like dozens of other Permian startups, the firm then pursued a classic wildcatter’s strategy…
0 comments Read more30JulEfficiency requirements for residential central AC and heat pumps to rise in 2023
Beginning in 2023, all new residential central air-conditioning and air-source heat pump systems sold in the United States will be required to meet new minimum energy efficiency standards. The most recent minimum energy efficiency standards for these equipment types went…
0 comments Read more30JulPath Solutions upgrades Jaiz Bank’s core banking platform for enhanced performance
Path Solutions, the global Islamic banking software company, today announced that Jaiz Bank Plc., Nigeria’s premier non-interest (Islamic) bank has successfully upgraded its Islamic core banking platform iMAL R14.1 version. The upgrade is to enable innovation that will meet evolving……
0 comments Read more30JulDigital challenger MeDirect Group chooses CREALOGIX Invest to launch consumer digital investment platform
Fast-growing European savings bank and wealth manager MeDirect Group selected CREALOGIX to develop and launch its digital investment platform. The new solution has allowed the European challenger to attract thousands of new customers to their competitive regulated savings product. MeDirect,……
0 comments Read more30JulFCA extends “temporary transitional power” – but not for everything
Now that Brexit is back in discussion and a “no deal Brexit” more possible (see here), preparation activity is beginning to increase. Last week, the UK’s Financial Conduct Authority (FCA), announced an extension to the temporary relief previously granted, that…
0 comments Read more30JulEULAV Asset Management Live on INDATA Middle/Back Office Software Services
INDATA, a leading industry provider of software, technology and managed services for buy-side firms, today announced that EULAV Asset Management based in New York, NY with more than $3 Billion in AUM, has successfully implemented INDATA’s iPM Epic Middle and…
0 comments Read more30JulUS battery installs to accelerate strongly beyond 2020, but new risks emerge
Almost 10 GW of utility-scale and grid-connected battery storage will be operating in the U.S. by 2023, S&P Global Platts Analytics forecast in its latest U.S. Power Storage Outlook. A combination of dropping costs and diversification of use cases points…
0 comments Read more30JulNew White Paper: Speeding up Daily Forward Curve Management
When we launched the Drillinginfo Curves-as-a-Service (CaaS) fully managed forward curve building solution earlier this year, we issued a press release that provided a breakdown of its features. A press release doesn’t tell the human side of the story of…
0 comments Read more29JulThe Week Ahead For Crude Oil, Gas and NGLs Markets – July 29, 2019
CRUDE OIL US crude oil inventories posted a large decrease of 10.8 MMBbl last week, according to the weekly EIA report. Gasoline inventories decreased 0.2 MMBbl while distillate inventories increased 0.6 MMBbl. Total petroleum inventories posted a decrease of 6.7…
0 comments Read more29JulTug Hill Unlocks the Deep Utica in West Virginia
E&P business in full development, midstream system connects with multiple markets. The management team behind Tug Hill, which helped pioneer the Marcellus shale more than a decade ago, now says it has cracked the code to economic development of the…
0 comments Read more29JulAquilon announces appointment of Randy Wilson as Chief Executive Officer
HOUSTON, TX and LISLE, Ill. — July 29, 2019. Aquilon Energy Services, Inc. today announced the appointment of Randy Wilson as Chief Executive Officer and member of the board of directors. Company founder Jeffrey Wagner will continue in his role…
0 comments Read more29JulU.S. LNG exports to Europe increase amid declining demand and spot LNG prices in Asia
U.S. exports of liquefied natural gas (LNG) have been growing steadily and reached a new peak of 4.7 billion cubic feet per day (Bcf/d) in May 2019, according to the latest data published by the U.S. Department of Energy’s Office…
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