OPEC meeting – wrap-up and thoughts

In an historic day for the oil market, the OPEC members met in Vienna in a closed door session and reached an agreement on 1.2 Mbpd of production cuts.  Combined with a non-OPEC pledge to cut 600kbpd (including 300 kbpd from Russia), we will begin to see inventories slowly diminish.

Yet the language leading up to today was pessimistic.  The Saudi energy minister Continue reading OPEC meeting – wrap-up and thoughts

BitWatt – intro

This startup consultancy anticipates the convergence of energy and data management as one seamlessly engineered solution. Energy is increasingly needed for computational work. The internet, with all of its necessary data-centers, is the largest growing consumer of power. By some estimates it consumes 8% of the electricity produced in the developed world with an expectation to double in 4 years. This conjoined sector is ripe for analysis and optimization.

The E50 Fund – intro

Our challenge is to synthetically construct the best global energy company by constructing a long/short portfolio of 50 listed energy majors that represent a diverse mix of sectors and regions.  We include European utilities, Japanese gas traders, global oil service providers, Chinese coal producers, and many more.