PivotPoint Consulting LLC’s Post

Where do you feel the power industry is headed in the coming years? Share your thoughts in this survey for the upcoming report, 2024 State and Future of the Power Industry, which examines what’s next for utilities and energy companies: https://lnkd.in/ewyUqdDM

ENERGY INDUSTRY CONSOLIDATION: #Chevron is buying #HessCorp. for $53B as the biggest #US #oil #companies use a recent windfall in #profits to buy up smaller competitors #climateChange #globalWarming #CVX #HES https://loom.ly/TVhnXOA

QUARTERLY REPORT: #VertexEnergyInc reports #NetLoss of $81.4M for Q2 2023 as #Revenue Falls to $734.9M #energy #sustainableDevelopment #VTNR https://loom.ly/NUk8vv4

US energy and infrastructure-focused Elda River launches with $1.5bn in AUM following a spin-out from alternatives asset manager Magnetar. 📰 Read more: https://okt.to/Tdqxvw #alternativeassets #spinouts #energy #infrastructure #RealAssets

***Tell me what you really think*** Within reason :) 2024 Energy Outlook survey is now live. https://lnkd.in/eT5NiXqX 100% anonymous #energy #cleanenergy #oilgas #capitalmarkets #equityresearch #renewableenergy #upstream #midstream #downstream

In my latest Blog Post, I look back at the predictions made 10 years ago by a diverse group of experts on what the utility industry would look like ten years out. There were some hits, but mostly misses. Check it all out at https://conta.cc/3DS15Dp.

More and more Upstream companies are taking control of how they manage contracts and volumes with their purchasers to ensure accuracy and ultimately that there is no lost revenue. Even 3-5% variance (which is average) adds up. Not to mention they can be proactive on any compliance, regulatory, and audit needs instead of being reactive when problems arise. FlowCal - it’s not just for midstream! #oilandgas #measurement #midstream #upstream

Navigating the unpredictable tides of the oil and gas markets can be quite a challenge. Remember, every storm passes and calm seas await. Stay informed, patient, and proactive in your strategies. We're all in this together! #EnergyMarket #StayPositive #TradingTips

A good reminder on vigilance and learning from past events   The 2003 Northeast Blackout was a result of multiple missed barriers that initiated a series of cascading electricity outages across the Northeast and Canada.  These barriers failed due to complacency, latent errors and neglect in multiple areas including a lack of effective grid monitoring tools, operator training (communications) and not trimming trees. A lot of learning and industry collaboration as well as the development of a common set of industry reliability standards, enforceable under the Law resulted from the blackout.   Today should serve as a reminder to our industry to continue to be vigilant in understanding grid operations, design, monitoring, planning and system events (no matter how small). Learning from small events and making incremental improvements will help prevent recurrence, improve future responses and provide important lessons learned to our interconnected neighbors. A continued culture of improvement will inevitably avoid future BIG events by ensuring the right barriers are in place to preserve grid reliability. 

Hang in there, folks! The oil and natural gas markets can be wacky, but remember volatility also creates opportunities. Stick to your strategies and stay informed. It's a wild ride, but we're here with you every step of the way. #OilTrading #NaturalGas #MarketVolatility