Gary Vasey - Author Archive

Is Blockchain Simply Hype or Are There Lessons to be Learned?

I came across a very interesting blog post late last week. The article appears on MERLTech and is by John Burg, Policy, Planning and Learning Fellow at USAID; Christine Murphy, Monitoring, Evaluation and Learning Capacity-Building Specialist at Social Solutions International, Inc; and Jean Paul Pétraud, Monitoring and Evaluation Fellow at USAID.  The authors... continue reading

SSE Business Energy announce the launch of their Foresight online Energy Trading Portal

SSE Business Energy has announced the launch of their new Foresight online energy trading portal supported by VuePoint Solutions’ Energy Risk VuePoint service. Foresight will enable SSE’s business customers and TPIs with flexible power and gas contracts to both buy energy more efficiently and to better manage their positions. Whilst... continue reading

FERDEC is delighted to announce the latest release of its energy and commodity specialised transaction surveillance software – ferdecTS® R5.0

Friday, 30th November 2018 – Berlin. This release features several enhancements to both the market leading ferdecTS® analytics engine and to client usability features. Many of these enhancements were customer led. “This release is a fantastic example of how we at FERDEC place our clients at the heart of our roadmap... continue reading

Oil toils after worst month in a decade

LONDON (Reuters) – Oil toiled at a more than one-year low after its worst month in a decade on Friday, while most major markets were keeping moves tight ahead of a weekend meeting between U.S. and Chinese presidents Donald Trump and Xi Jinping. Europe’s main share indexes in London, Frankfurt... continue reading

November 2018: VAKT goes live with world first enterprise grade blockchain platform

LONDON – NOVEMBER 29, 2018 – VAKT, the company re-imagining commodity post-trade processing underpinned by blockchain, has launched its platform in its first market. Participants in the physically traded BFOET crude oil business – including some of the world’s premier energy traders – will now benefit from improved security and efficiency. This... continue reading

Perception is Everything

Looking at LinkedIn this morning, it seems like everyone recently won some kind of award from one publication or another. Congrats to all. ComTech, being an analyst firm, doesn’t do awards nor report them though we admit, they are a lot of fun and we always enjoyed getting suited up... continue reading

NR Capital executes electronic Bill of Lading (eBL) for floating gasoil storage deal

Source: Bolero NR Capital, the innovative Singapore-based digital commodity trade finance fund manager has executed the world’s first-ever electronic Bill of Lading (eBL) for an SME in a gasoil floating storage investment transaction. The transaction, which took place on November 26th, follows NR Capital’s agreement earlier this year to partner... continue reading

2018 CTRM Vendor Perception Study Report Issued by Commodity Technology Advisory LLC

Houston, TX, USA and Prague, Czech Republic, November 27th 2018. Commodity Technology Advisory (ComTech Advisory), the leading analyst firm covering commodity trading and risk management (CTRM) technologies, has just released its latest CTRM Vendor Perception report. This report, issued every two years, presents the result of a comprehensive survey to... continue reading

Energy One Enters into Agreement to Acquire Contigo

It was announced on ASX overnight that Australian ETRM supplier, Energy One, has entered into an agreement to acquire UK-based Contigo. The transaction is expected to close November 30th. We will have more information later however the ASX announcement can be found here.... continue reading

Gen10 Innovating with Collaborative Supply Chain Apps and Ecosystem Approach

I recently wrote about Richard Williamson (CEO of Gen10) and his vision of developing an ecosystem of applications in and around the commodity supply chain. In fact, the Gen10 approach is interesting and somewhat innovative in that it focuses on the collaborative aspects of commodity supply chains seeking to optimize... continue reading

Oil falls to lowest since late 2017 on emerging supply glut, OPEC expected to cut

SINGAPORE (Reuters) – Oil prices plunged to their lowest since late 2017 on Friday in choppy trading, weighed down by an emerging crude supply overhang and a darkening economic outlook. To counter bulging supply, the Organization of the Petroleum Exporting Countries (OPEC) is expected to start withholding output after a... continue reading

Happy Thanksgiving

A Happy Thanksgiving to all our readers!... continue reading

U.S. crude stockpiles rise more than forecast in ninth weekly build: EIA

NEW YORK (Reuters) – U.S. crude oil stockpiles rose more than expected last week, building for the ninth consecutive week, while gasoline and distillate inventories fell, the Energy Information Administration said on Wednesday. Crude inventories rose 4.9 million barrels in the week to Nov. 16, compared with analysts’ expectations for... continue reading

Harvesting in a trade war: U.S. crops rot as storage costs soar

(Reuters) – U.S. farmers finishing their harvests are facing a big problem – where to put the mountain of grain they cannot sell to Chinese buyers. For Louisiana farmer Richard Fontenot and his neighbors, the solution was a costly one: Let the crops rot. Fontenot plowed under 1,000 of his... continue reading

Checking in on Blacklight Systems

Last week, in London, I stopped by BlackLight Systems on the offer of a walkthrough of the system. Sebastian Ferraccu, Co-Founder and CEO, had invited me to take a look at where they were with the solution. Mr. Ferraccu is an ex-trader that having interacted with a variety of ETRM... continue reading

UPDATE investors hit by natgas swings -INTL FCStone

By Scott DiSavino NEW YORK, Nov 19 (Reuters) – Commodities trading adviser suffered losses due to recent volatility in U.S. energy markets, causing accounts to be liquidated, the firm’s clearinghouse, INTL FCStone Inc, said in a statement on Monday. The liquidation of Tampa, Florida-based OptionSellers accounts comes after one... continue reading