Patrick Reames - Author Archive

Trading Halt Shows UN Carbon System in Jeopardy

From Bloomberg: An unprecedented freeze in United Nations carbon trading is fanning speculation the five-year-old market designed to combat greenhouse-gas emissions in poor countries is in danger of becoming superfluous. Not a single UN Certified Emission Reduction, or CER, changed hands on July 22 and July 23, according to data... continue reading

DOE study: Fracking chemicals didn’t taint water

From USA Today Kevin Begos, Associated Press 10:23 a.m. EDT July 19, 2013 PITTSBURGH (AP) — A landmark federal study on hydraulic fracturing, or fracking, shows no evidence that chemicals from the natural gas drilling process moved up to contaminate drinking water aquifers at a western Pennsylvania drilling site, the... continue reading

The Triple Point Acquisition by Ion is a Done Deal

While no press announcements have been forthcoming from either Triple Point or Ion, the acquisition of Triple Point by Ion Investments has been consummated. The Westport CT (home of Triple Point) newspaper says the deal was announced last Saturday (though you’d be hard pressed to find that announcement anywhere other... continue reading

EKA has quickly moved into the Upper Echelon of the CTRM Markets

EKA Software Solutions, with the recent announcement of their investment in Australia-based Matrix Group, has now built a base of products, personnel and revenues that has separated the company from the mid-tier physical-capable CTRM vendor pack and moved them into a select group of vendors – those with more $25... continue reading

Barclays to fight $453 million power fine in U.S. court

NEW YORK (Reuters) – Barclays will contest a record $453 million fine imposed by a U.S. energy regulator against the British bank and four of its power traders, setting up a likely federal court battle. The fines, which were upheld by the Federal Energy Regulatory Commission (FERC) on Tuesday, confirm... continue reading

Eka Acquires Stake in Commodity Handling Software Specialist MatrixGroup

16 July 2013 Adelaide, Calgary, Norwalk, London & Bangalore: Eka Software Solutions, a global provider of end-to-end commodity solutions, today announced that it has extended its commodity management platform with MatrixGroup, the state-of-the-art automated commodity handling software vendor.   Manav Garg, Eka CEO and founder, commented: “Our investment in MatrixGroup... continue reading

Europe Reversing Course on some Biofuels?

Published today by Reuters…If this change of direction occurs, one has to wonder about the impacts on the oilseeds markets.   EU lawmakers back limit on some biofuels, more votes to follow * U-turn follows concerns that some biofuels harm climate * Industry says limit on crop-based fuels is too... continue reading

Can Commodity Hedge Funds Grow via Junk Mailing?

From the ComTechAdvisory Blog The Securities and Exchange Commission voted yesterday to allow hedge funds and other private investment firms to start publicly advertising for investor dollars, something that has been strictly off-limits since the 1930’s.  With this change, firms will no longer have to limit their fund raising to... continue reading

The Big Story in US Crude Production is not North Dakota

While doing a bit of research for an upcoming ComTechAlert article, I was reviewing oil production stats for the US and was a bit surprised by the numbers. Much of the attention paid to the increasing crude production in the US is focused on the Bakken field in North Dakota,... continue reading

Moody’s Indicates that the Triple Point deal is a Fait Accompli

From the Blog Moody’s released their rating of the new debt being taken on in Ion’s acquisition of Triple Point…pretty much sealing this transaction as a done deal, even if not officially announced yet. Some interesting tid bits from the rating narrative: “The Caa1 Corporate Family Rating reflects Moody’s... continue reading

Barack Obama pledges to bypass Congress to tackle climate change

The Guardian News Barack Obama has taken an historic step forward in confronting climate change, asserting his power as US president to cut carbon pollution and protect future generations from catastrophic global warming. In a speech on Tuesday at Georgetown University, delivered outdoors on a sweltering hot day, Obama went further than... continue reading

Sizing-up Market Trends in E/CTRM

A Commodity Technology Advisory ComTechAlert Article June 26, 2013 ComTech Advisory is beginning to pull together the granular analysis that is the foundation of our E/CTRM Technology Market Sizing Report due out in the next several weeks.  In determining an estimate for market size, we examine not only the current... continue reading

Triple Point Sale – A Poorly Kept Secret?

As posted in the Blog… Its being widely reported, both in the press and through the grapevine, that the buyer for Triple Point is ION Trading. ION is a Dublin-based software vendor whose products have been primarily focused on the financial services space. They have been an active buyer... continue reading

ComTech Advisory Inverviews Ray Hood – President and CEO of Allegro Development

In the premier episode of Commodity Technology Advisory’s new video series examining the trends and issues in CTRM technology, we visit with Mr. Ray Hood, president and CEO of Allegro Development. In this video, Mr. Hood discusses the recent executive management changes at Allegro, current market conditions and his views... continue reading