Jobs, the lagging indicator once more?

The U.S. labor market is finally improving, just when many of the other economic indicators are wavering. Jobs are considered a lagging indicator. They typically recover many months after the economy comes out of a recession, and this cycle was no exception. So will troubles in Japan, Libya and elsewhere push up U.S. unemployment later this year? “The... 

Western Refining Wholesale Turns to KSS Fuels for Pricing Intelligence Solution to Maintain Competitive Edge

Western Refining Wholesale, a division of Western Refining Inc., an independent refining and marketing company headquartered in El Paso, Texas, will use KSS Fuels’ RackPrice wholesale pricing solution to help it manage fuel prices at its wholesale locations. Western Refining is a crude oil refiner, wholesale fuel and lubricants distributor and retailer... 

Genoil Inc. Provides Update on HYT Project Status

Genoil Inc. is providing an update on ongoing marketing and financing efforts on Genoil’s heavy oil and refinery residue upgrading project with Haiyitong Inc. (“HYT”) in China. Genoil continues to work towards the development and financing of its heavy oil and refinery residue upgrading project with HYT. Genoil had previously press... 

Energy Management in Oil Refineries – What Is Driving It and Where Do the Opportunities Lie?

Frost & Sullivan’s Energy & Power Systems practice in Asia Pacific will host an analyst briefing via webinar on Energy Management in Oil Refineries on November 18th 2008 at 11:00 hrs (GMT +08:00hrs) Singapore time. 2008 has been the most dramatic and dynamic year for global energy prices. The volatility of oil prices has demanded agonizing... 

CMAI Completes 2009 World Polyolefins Analysis

Chemical Market Associates, Inc. (CMAI) announces the completion of the 2009 World Polyolefins Analysis. This market study provides clients with a historical perspective and insight into the forecast of supply and demand dynamics, production capacity, trade patterns, pricing relationships, profitability, production economics and technology for global... 

NEMI and Aviva to merge, creating a growth-oriented international coal and energy business.

NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across... 

Avista Re-Files in Oregon for Lower Annual Natural Gas Adjustment

Avista has re-filed a request with the Public Utility Commission of Oregon to decrease the company’s annual purchase gas cost adjustment (PGA) effective Nov. 1, 2008. If approved by the commission, a residential customer using an average of 53 therms of natural gas per month would see their monthly bill decrease by $3.28, or 4.1 percent, for a... 

Enterprise Selects Triple Point to Manage FAS 133 Compliance – Marks Milestone as 50th Hedge Accounting Client

Triple Point Technology®, the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today that Enterprise Products Partners L.P., with an enterprise value of nearly $21 billion, has chosen Triple Point’s Commodity XL for Hedge Accounting™ to ensure FAS 133 compliance and protect against earnings... 

Sheetz Chooses Triple Point Oil Trading and Risk Management Software

Triple Point Technology®, the leading global provider of multi-market commodity and enterprise risk management software solutions, announced today that Sheetz, Inc., one of the largest gas and convenience store operators in the US with $3.8 billion dollars in annual revenue, has selected Commodity XL for Oil™ to manage wholesale gasoline procurement,... 

Vietnam: Energy sector focuses on risk management

A conference designed to raise awareness in the energy sector of ways to minimise the negative impacts of global oil price fluctuations took place in Ha Noi on Thursday. “Risk management during oil price volatility in Viet Nam” was jointly organised by BIDV Insurance Co (BIC) and Ginga Viet Nam Holdings, who have already signed a contract...