Sentences with phrase «crude oil transactions»

The Dutch oil trader in cooperation with IBM and French bank Natixis has developed a blockchain - based solution for US crude oil transactions.

Natixis, IBM and physical commodities trading group Trafigura launched the first blockchain solution in commodity trade finance for US crude oil transactions

Natixis, IBM, and Trafigura have announced today establishment of the first blockchain solution in commodity trade finance for US crude oil transactions.

The US dollar survived the collapse of Bretton Woods in the «70s because its use in crude oil transactions made it the king of reserve currencies, but can it survive a collapse of petro dollars?

The Chamber of Petroleum Consumers (COPEC), says it will by close of day today [Monday], petition the office of the Special Prosecutor to investigate allegations of a shady crude oil transaction between the Bulk Oil Storage and Transportation (BOST) and an unlicensed private oil firm, BB Energy.

The distributed ledger platform, built on the Linux Foundation open source Hyperledger Fabric, allows major steps in a crude oil transaction to be digitized on the blockchain, ensuring improved transparency, enhanced security, and optimized efficiency.

Not exact matches

A US$ 250 million Crude pre-payment facility for Democratic Republic of Congo - based Orion Oil representing the largest reported transaction structured by an African investment bank in 2015 involving fresh capital within the African market.

«Both transactions are simply a shortlisting process, in which prospective off - takers of crude oil and suppliers of petroleum are selected under agreed terms, and in accordance with due process.

He then went ahead to cite a commercial transaction, saying inter alia that «the companies of both Jide Omokore and Kola Aluko lifted Nigerian crude oil and kept the proceeds.

«These transactions werenot required to be presented as contracts to the Board of NNPC and, of course, the monetary value of any crude oil eventually lifted by any of the companies goes straight into the federation account and not to the company.

Horizons HOU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200 %) the daily performance of the Solactive Light Sweet Crude Oil Front Month MD Rolling Futures Index ER.

Horizons HUC seeks investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to the performance of the Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER.

We work on transactions involving a broad array of maritime assets, including container vessels and terminals, crude oil and product tankers, bulk carriers, barges, and tugboats.

This round of financing will allow us to not only grow our Energy Settlement Network, but also enhance features and functionality for settlements with independent system operators (ISO) as well as transactions involving power, natural gas, crude oil, and refined products.»