While Triple Point has recently released a raft of announcements noting multiple sales of products derived from their acquisition of INSSINC earlier this year; according to the rumor mill, they are not talking about what would be the largest license deal in the history of the ETRM/CTRM market.
According to multiple sources, the company has closed […]

UtiliPoint International is conducting research to examine the impacts of the recent and ongoing market shifts on companies participating in evolving commodity markets, particularly as they apply to the physical players in the market. Additionally, we’re looking at the impacts to the ETRM/CTRM software used to manage transactions in this volatile environment.
Based upon […]

UtiliPoint IssueAlertPatrick Reames
Energy Trading and Risk Management (ETRM) software providers have been enjoying considerable success over the last several years. With a market buoyed by higher commodity prices, high levels of volatility, new regulation and reporting requirements, and new market entrants, software vendors have been making some serious hay. These companies have been […]

With the failure of Lehman Bros., their energy trading group, Eagle Energy, is facing its own meltdown. Eagle, which was bought by Lehman in 2007, is being pounded by the fallout of having their credit tied to that of Lehman. Those that are selling gas to Eagle are canceling deals and those that […]

Triple Point announced this week that they have signed Sheetz, Inc., “one of the largest gas and convenience store operators in the US with $3.8 billion dollars in annual revenue”. Sheetz bought Triple Point’s Commodity XL for Oil to manage their wholesale gasoline procurement, hedging programs and supply chain logistics. In addition to […]

Ospraie Management this morning announced that it was shutting down its commodity fund and liquidating after taking a beating in the energy and commodities markets the last couple of months. Their holding lost almost 27% in August and more than 38% since the first of the year. Right now, the fund plans on […]

With Hurricane Gustav ripping it up in the Caribbean and projected to take aim at either Louisiana or the northwest Texas coast, market analysts are predicting at least a dime to quarter rise in gasoline prices as the storm is forcing evacuations and shut-in of platforms across a large swath of the Gulf. This […]

Last week the New York Times, a newspaper not normally considered a big supporter of US oil interests, published a pretty insightful article covering the conundrum faced by the major Western oil companies - falling production during a period of record high prices. As the article points out, most of the world’s oil is not […]

Last night I was watching one of the local news stations as they were reporting on Chevron’s discovery in Walker Ridge in the gulf.  Rather than just telling the facts, they felt the need to try to relate the story to their “average” viewer by posing the question “is this going to bring our gas(oline) prices […]

NYMEX Holdings, Inc., parent company of the preeminent physical futures exchange, and CME, the world’s largest and most diverse financial exchange, announced today that they have signed a definitive technology services agreement under which CME will become the exclusive electronic trading services provider for NYMEX’s energy futures and options contracts.
Access to electronic trading of NYMEX […]