POSTED BY Clare Annis ON June 11, 2018 IN Blog, Careers, Events
capSpire builds technology solutions for leading Energy clients around the world to make their businesses run more efficiently. But a few weeks ago, capSpire teammates faced the ultimate challenge: Competing to build boats out of sticky tape, foam, and a few pieces of wood under the pressure of a one-hour timeframe. Then the boats were …
POSTED BY Clare Annis ON June 6, 2018 IN Blog, Careers, E/CTRM, News
Are you a recent college graduate who’s considering joining the capSpire team? If so, you’re probably wondering what happens next after you go through the recruitment process. Once you’ve officially secured your place on capSpire’s team—after the obligatory celebration, of course — you’ll be on your way to capSpire ignite. What exactly is capSpire ignite? …
POSTED BY Bernard Wehbe ON June 5, 2018 IN Blog, Digital Transformation, E/CTRM, Optimization
You know because you likely just experienced this in March or April — refinery turnaround months are highly volatile. These changes are disruptive to your supply network and often costly. The expenses associated with diverting supply elsewhere to satisfy contractual obligations can reach into the millions of dollars in some scenarios. But what if there was …
POSTED BY capSpire ON May 31, 2018 IN Analytics, Blog, Digital Transformation, News
You’re driving along the freeway one evening after work, going to meet friends for dinner at a local barbeque restaurant. Stuck in the middle lane behind a lawn-care truck and with an 18-wheeler to your right, you’re coasting along at a steady pace of about 65 miles per hour (mph) to keep up with traffic …
POSTED BY Thomas Hunt ON May 18, 2018 IN Blog, Digital Transformation, E/CTRM, Optimization
In our last blog, we explored the impact of refinery shutdowns on the macro supply and demand of crude in regional hubs such as Midland. We also explored how refiners and midstream operators are increasingly leveraging optimization technology to help them manage their lease crude obligations during refinery shutdowns and turnarounds. In this blog, …
POSTED BY capSpire ON May 14, 2018 IN Advisory Services, Blog, News, Press Release
Mocoh, a leading global supplier of crude oil and refined products, chose capSpire to help the company evaluate commodity trading and risk management (CTRM) systems. Mocoh’s decision to invest in a CTRM system followed a period of incredible growth, including its recent contract with the Nigerian National Petroleum Company. Through its advisory services and drawing …
POSTED BY Thomas Hunt ON May 7, 2018 IN Blog, Digital Transformation, E/CTRM, Optimization
Between March and May of this year, we have seen a perfect storm of supply-and-demand imbalances in the Permian Basin. Production hit record levels of 3 million barrels per day (bpd) according to the EIA, refineries shut down for annual turnarounds, and pipeline takeaway capacity reached its limits. All this has culminated in the Midland-Cushing …
POSTED BY Lee Berry ON May 2, 2018 IN Blog, E/CTRM
Are you manually capturing exchange-based trades into your energy trading and risk management (ETRM) system? This can be costly and time consuming, and can lead to errors resulting in undesirable consequences to downstream position reporting and valuation. Are you interested in automatically capturing trades from your trading exchanges directly into your ETRM system? Out of …
POSTED BY Scott Creed ON April 23, 2018 IN Analytics, Blog, Digital Transformation, E/CTRM
In our last few articles, we’ve discussed question 1 and question 2 that commodity trading and risk management (CTRM) analytics answer. Question 3: How is my portfolio exposed to shifting market prices? Of course, companies using CTRM platforms want to make sure that their trades are profitable. But how do you see where changes in …
POSTED BY Rusty Robeson ON April 10, 2018 IN Blog, E/CTRM, RightAngle
How long does it take your company to process tickets, from product movement to accounts receivable? Since RightAngle s10, there have been many enhancements to the Automatcher engine. If your company is like most, you’re not fully taking advantage of this tool and are still inputting and matching tickets manually. This prolongs ticket-processing times to …
