Chip Mong Bank (CMCB) – a newly established bank and subsidiary of local conglomerate Chip Mong Group – chose Compass Plus’ TranzWare to help realise its vision and kick-start its operations in Cambodia. Chip Mong Bank aims to become a…

CTRM systems were created in the 1990s to help commodity trading companies – primarily oil companies initially – navigate the complexities around regulations, rates, terms and conditions of the sale and transportation of fossil fuel products. These first ETRM/CTRM systems…

KARUIZAWA, Japan (Reuters) – The world should take up the challenge to boost the use of hydrogen as a potentially emissions-free source of energy, the International Energy Agency (IEA) said on Friday in its first major report on the fuel….

Japan imported more than 210 million short tons (MMst) of coal in 2018, making it the world’s third-largest coal-importing country after only India and China. Japan continues to use steam coal to fuel one-third of its electricity generation and metallurgical…

Global oil markets were jolted late in the week by reports of attacks on two oil tankers near the Strait of Hormuz on June 13. Brent crude futures climbed almost 4% immediately after the attacks. ICE Brent eventually settled $1.34…

Firms risk hit to reputation by not committing to standards on market practice, investor says Source: Risk feed

GFT will be joining our partners Digital Asset in London next week for Synchronize Europe 2019. Taking place on Tuesday 18 June at etc.venues, St Pauls, Synchronize Europe is the leading conference dedicated to enterprise and institutional applications of Distributed…

Hedge funds turn to natural-language tools to pry more value out of their analysts’ internal writings Source: Risk feed

HOUSTON (Reuters) – Oil prices rose about 2% on Thursday following a suspected attack on two tankers in the Gulf of Oman near Iran and the Strait of Hormuz, a key passage for seaborne oil cargoes. The attacks stoked fears…

Natural gas storage inventories increased 102 Bcf for the week ending June 7, according to the EIA’s weekly report. This injection is nearly spot on with the market expectation, which was an inventory increase of 101 Bcf. Working gas storage…

U.S. imports of crude oil from members of the Organization of the Petroleum Exporting Countries (OPEC) in March 2019 totaled 1.5 million barrels per day (b/d), their lowest level since March 1986, based on data in EIA’s Petroleum Supply Monthly….

NEW YORK, N.Y. – June 13, 2019 – The financial services industry’s top priority for AI applications is data mining, according to the second annual AI Outlook Survey from Broadridge Financial Solutions Inc. (NYSE:BR), a global Fintech leader that is part of…

StatPro Group plc (AIM:SOG, “StatPro”, “the Group”), the AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, has acquired the environmental, social and governance (“ESG”) research and index… StatPro Group Source: Bobs…

The US exported more than 3 million b/d of crude for the second week in a row in the week ended June 7, aided by macroeconomic factors that have made US oil prices more attractive. According to S&P Global Platts…

European issuers forced to work with incomplete legislation for another six months at least Source: Risk feed

SINGAPORE/HOUSTON (Reuters) – World oil markets have undergone a U-turn, switching from supply-side risks like OPEC’s production cuts or U.S. sanctions against producers Iran and Venezuela, analysts said, to concerns of slowing consumption amid fears of a global recession. As…

I recently had the opportunity to visit with Mr. Jay Bhatty, CEO and founder of Houston-based NatGasHub.com (NatGasHub).  NatGasHub is a natural gas scheduling service/tool that helps streamline what is otherwise a very labor intensive, and potentially error prone, process….

Stump calls for US to enact BCBS-Iosco $50m threshold for operational requirements Source: Risk feed

US crude oil stocks posted an increase of 2.2 MMBbl from last week. Gasoline inventories increased 0.8 MMBbl and distillate inventories decreased 1.0 MMBbl. Yesterday afternoon, API reported a crude oil build of 4.9 MMBbl, alongside a gasoline build of…

Partnership bolsters Fenergo’s growth plans for APAC 12th June 2019 – Fenergo, a leading provider of Client Lifecycle Management (CLM) solutions for financial institutions announced its entry into the Taiwanese market through a partnership with TUNG-I Information Services (TUNG-I), a……