While hydrogen initiatives have been grabbing headlines thanks to large-scale national plans and projects at corporate level, renewable natural gas (RNG) also deserves attention as an emerging tool for decarbonization. RNG comes from capturing biogas from areas like landfills and…

Press Release: New York, June 30, 2020: Asia’s biggest sugar and bio-energy producer, Mitr Phol, has selected Eka’s cloud-native platform to manage risk across its global hedging and pricing portfolios. The investment in new technology was part of Mitr Phol’s move…

Did negative oil prices signify the market was operating effectively, or that something was wrong? Source: Risk feed

Since issuing the first Visa card 15 years ago using solutions provided by trusted partner Compass Plus, Techcombank, one of the top commercial joint stock banks in Vietnam, has become the country’s market leader for Visa payments volume and has…

According to a Contigo post on Linkedin, Contigo has been selected by Crown Commercial Services. The announcement on Linkedin is as follows, Contigo Software are pleased to announce that Crown Commercial Services (CCS) have selected our enTrader product for their…

Key facts: FIS and The Venture Center announce the ten startup companies selected to take part in the 2020 FIS Fintech Accelerator program Each company will receive in-depth mentoring and feedback from FIS leadership along with a monetary investment. The…

MOSCOW (Reuters) – Russian oil exports to Europe are set to hit their lowest levels in two decades in July, with an output cut deal prompting other suppliers to fill the gap left by Moscow, data from traders and Refinitiv…

Recent declines in demand for petroleum products have led commercial crude oil inventories in the United States to reach an all-time high of 541 million barrels as of the week ending June 19, which is 5 million barrels more than…

Following the collapse of Wirecard, James McGivern, Head of NBFI at Cashfac, reinforces the need for operational accounting and reconciliation in eMoney and Payment Service Providers The other day an ex-colleague reminded me that we had tried to sell a…

> Banking, Treasury and Risk Management solutions Profile Software, the international financial solutions provider, announced today that Allica Bank, the bank that empowers small and medium businesses to succeed, has comprehensively implemented Profile’s FMS.next, and RiskAvert to manage… Profile Software…

Managers are using alternative data to assess the pandemic’s effect on individual stocks Source: Risk feed

Deals with use-it-or-lose-it mechanism can qualify for capital relief, EBA policy expert says Source: Risk feed

As part of a strategic project to modernise its infrastructure, Xalq Bank, one of the leading banks in Azerbaijan, has launched the open development payments platform TranzAxis from Compass Plus. The flexibility of this software solution will allow the bank…

Esma launched informal review just before UK Treasury opted out of settlement regime Source: Risk feed

Funds are embracing stress-testing, and swing pricing, after “a real liquidity crisis” in March Source: Risk feed

LONDON (Reuters) – BHP Group has completed its first blockchain trade in iron ore with China Baoshan Iron & Steel Co Ltd, in a transaction worth around $14 million. BHP and technology firm MineHub said in separate statements on Monday…

(Reuters) – BP (BP.L) will sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $5 billion, the oil major said on Monday as it achieves its asset sale target of $15 billion a year in advance. Its London-listed…

Experts fear trades referencing SOFR and €STR will not be eligible for hedging relief Source: Risk feed

U.S. operable atmospheric crude oil distillation capacity increased 0.9% during 2019, reaching a record of 19.0 million barrels per calendar day (b/cd), up 0.2 million b/cd from the previous record of 18.8 million b/cd the year before. According to the…

Philippe Sauquet, president, gas, renewables and power at Total, spoke with Stuart Elliott about the company’s energy transition strategy and trends in a number of sectors, from LNG to hydrogen. France’s Total was the first mover among European oil and…