News
OILspace Named As Finalist In Annual Platts Global Energy AwardsNew York, October 17, 2005
OILspace has been named a finalist in the 7th Annual Platts 2005 Global Energy Awards for the Rising Star category. The Rising Star Award recognizes outstanding achievement and vision in the global energy industry by a newcomer that stands out in a heavily saturated industry. Finalists were chosen from hundreds of entries based on their ability to use innovation, skill, best practices and leadership to become a leading player in the energy field.
Established in 1999, and commercially launched in 2001, OILspace (www.oilspace.com) delivers fully integrated, real-time, web-based supply chain management, market information, data management and decision support solutions to the world's top energy companies.
OILspace's OILwatch application has experienced tremendous growth over the past few years and now has thousands of subscribers logging in from more than 50 countries, including 9 of the world's top 10 oil companies. Energy buyers, sellers and analysts worldwide rely on OILwatch to view critical news and pricing benchmarks essential for making minute-by-minute financial decisions. News and pricing feeds include: NYMEX and ICE futures, Platts, Dow Jones Energy, Petroleum Argus, NGI, OPIS, Forex data and more. Its intuitive interface allows users to easily browse through panels of market data to swiftly track, chart and forecast transactions.
OILwatch allows companies to integrate multiple pricing feeds and save money traditionally spent on implementing, integrating and maintaining complex, multiple legacy systems. It also gives professionals freedom to track volatile energy markets while out of the office on handheld wireless PDA and BlackBerry devices.
Other OILspace applications include: ASPect Office, an integrated suite of front- and mid-office supply chain management applications; and TeamWorks, a collaborative system for efficiently buying, selling and shipping oil. OILspace provides 14-Day FREE Trials to OILwatch at www.oilspace.com/eng/applications/energy.php.
"OILspace is very pleased to be recognized as a finalist for this prestigious award from Platts, the world's most recognized benchmark for energy prices and news. This recognition further validates our vision and understanding of the needs of today's busy downstream energy professionals," says Steve Hughes, OILspace President and CEO.
"Our customers want flexibility and choices in technology. Our component-based applications allow them to keep their existing investments in technology, and easily plug in real-time solutions as needed, and as their business grows," says Mr. Hughes. "This is a powerful alternative to older, more costly systems that replace everything throughout the enterprise, even working applications, and disrupt business environments needlessly."
The winners will be announced at a gala celebration on Thursday, December 1, 2005 at the Roosevelt Hotel in New York City.
About OILspace
Founded in 1999, OILspace delivers supply chain management, market information, data management and decision support solutions to the world's top oil companies and employs over 120 staff in Houston, London, Singapore, New York, Shanghai and Moscow. Clients produce, refine, market, ship and trade globally and rely on OILspace's expertise in complex physical oil, natural gas and petrochemical markets. OILspace is an applications developer and integrator with a proven track record for delivering scalable solutions that produce measurable returns-on-investment (ROI) through adaptive, component, real-time web-based applications. Visit www.oilspace.com, for more information about OILspace's service-oriented architecture (SOA) and Energy Service Bus (ESB) real-time messaging platform.
OILspace US/ Canada
Brigette Gebhard
bgebhard@oilspace.com
+1 732 797 0046
EMEA PR Agency
Kevin Fiske
kevin@sagepartnership.com
+44 1189 344007
OILspace Asia-PAC
Kishor Sujanani
ksujanani@oilspace.com
+86 21 6122 1075
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