With politics starting to heat up for primaries as we head into the end of year, fracking has taken a front seat in a bad way. Every Democratic front-runner has stated a ban or limitation to fracking in the U.S….

CRUDE OIL US crude oil inventories posted a substantial increase of 9.3 MMBbl last week, according to the weekly EIA report. Gasoline and distillate inventories decreased 2.6 MMBbl and 3.8 MMBbl, respectively. Total petroleum inventories decreased 1.6 MMBbl. US crude…

Energy used in the buildings sector—which includes residential and commercial structures—accounted for 20% of global delivered energy consumption in 2018. In its International Energy Outlook 2019 (IEO2019) Reference case, the U.S. Energy Information Administration (EIA) projects that global energy consumption…

MENAFN – Daily News Egypt) The Egyptian Exchange (EGX) has completed the feasibility study for the holding company that will be set up to manage the country’s first exchange market for industrial and agricultural commodities. Informed sources told Daily News…

Earlier this month, Gen10 representatives joined a record number of energy trading and operations experts at ETOT 2019, Europe’s leading operations and technology summit. The key takeaway from both Gen10 CEO Richard Williamson’s panel and the summit in general, was…

Planixs, the leading provider of real time, intraday cash, collateral and liquidity management solutions, today announced the introduction of artificial intelligence (AI) technology into its existing product suite. Planixs’ product suite, Realiti, is built on Graphite – its… Planixs Source:…

The number of announcements from vendors regarding new sales of E/CTRM software have been few and far between through 2019 to date. In part, this reflects a stronger reluctance on the part of buyers to publicly ‘endorse’ vendors whose software…

If you are buying or selling commodities, chances are you have either implemented a CTRM (or ETRM) system, evaluated one, or built one. You use that system to manage commodity trading, but it’s probably not enough. It’s missing the position…

LONDON,(Reuters) – Global renewable energy capacity is set to rise by 50% in five years’ time, driven by solar photovoltaic (PV) installations on homes, buildings and industry, according to the International Energy Agency (IEA). Total renewable-based power capacity will rise…

Source: Risk feed

Working natural gas inventories in the Lower 48 states totaled 3,519 billion cubic feet (Bcf) for the week ending October 11, 2019, according to the U.S. Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report (WNGSR). This is the first…

The latest news on Brexit is that a new deal has been negotiated (see here on the Sky News web site). However, with a “no-deal” exit still possible on 31st October, it is still necessary to be as prepared as…

BEIJING (Reuters) – China’s third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production, boosting the case for Beijing to roll out fresh support. Gross…

New ‘proxy’ Honia could help change discount rate from Hibor to OIS for local swaps, says HKEX Source: Risk feed

For those of us who have had the great, good fortune to be paid to use our brains to find oil & gas, and to maximize its production, please give some thought to building that opportunity for the generations to…

A couple of weeks ago, the Adaptive team participated in the Symphony Innovate conference in New York. Our team all enjoyed the conference. It was great to see all the demonstrations of Symphony in action. We particularly enjoyed the demos…

NEW YORK (Reuters) – The United States became a net exporter of crude and petroleum products for a second week in a row for the first time on record last week, data from the Energy Information Administration showed on Thursday….

Natural gas storage inventories increased 104 Bcf for the week ending October 11, according to the EIA’s weekly report. This is slightly lower than the market expectation, which was an injection of 108 Bcf. The injection this week ties 2019…

US crude oil stocks increased by 9.3 MMBbl. Gasoline and distillate inventories decreased 2.6 MMBbl and 3.8 MMBbl, respectively. Yesterday afternoon, API reported a crude oil build of 10.5 MMBbl alongside a gasoline draw of 0.93 MMBbl and a distillate…

Imports of Latin American crudes into the US Gulf Coast from January to date have plummeted 30% versus the same period in 2017, to 280 million barrels. This is mostly due to a lack of imports from Venezuela, US Customs…