Oriental Energy (Singapore) International Trading Pte Ltd Licenses Entrade

For Immediate Release
February 28th, 2019

Oriental Energy (Singapore) International Trading Pte. Ltd. Licenses Entrade

OE has contracted the use of Enuit’s flagship software

Singapore — February 28th, 2019 — Enuit, LLC (Houston, Texas) announces Oriental Energy International’s (OE) selection of Enuit’s Entrade Energy Trading and Risk Management (ETRM) Solution system to manage its Liquified Petroleum Gases (LPG) trading business.

As mentioned by Karen Zhou, Vice President at Oriental Energy, “It was an easy decision after our initial introduction to Entrade as it is comprehensive from front to back, i.e. risk, workflow controls, exchange/accounting interfaces, at a reasonable price.”

By the end of 2019, Enuit will implement and deliver Entrade for OE, their ETRM system. “This new partnership allows us great opportunities and helps both companies expand beyond their present capabilities.” said Tony Teo, Director of Enuit’s Singapore office.

Over the next six months, a full release and implementation of the software will be made, allowing OE to better analyze their position in the market and establish a clear value of their production. “Entrade will help us optimise our risk managment,” shared Karen Zhou.

Tony Teo elaborated “Entrade’s out-of-the-box cloud solution allows for quick deployment, one of the key reasons Oriental Energy selected Entrade. Many Enuit clients have chosen Entrade for this reason too.”

Oriental Energy is an LPG trading company established in 1996, with its headquarters located in Nanjing city, China. Over the 23 years since they were founded, the company has engaged in distributing and developing clean energy and have expanded their operations from domestic distribution to international trading. The company is listed on the Shenzhen stock market in March 2008.

Enuit, LLC is a software development company specializing in software solutions for commodity trading and risk management enterprises. Its primary office resides in Houston, Texas, USA, with other offices located in Beijing, China, Singapore, and London to serve markets in China, Asia-Pacific, Middle East, Europe, and North America.
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For more information on Enuit’s Entrade Solution visit our website:
http://www.enuit.com/
For more information about Oriental Energy Company Ltd, visit their site here: http://www.chinadhe.com/

CITIC Metals Goes Live With Entrade

Starting in July 2018, CITIC has engaged Enuit to implement a Metals Trading Risk Management solution. This work has continued into December. In a period of about 6 months, Enuit delivered the first phase of the bulk commodity trading and risk management system on schedule.They did this while including the daily monitoring reports for our copper and aluminum business position, futures hedging exposure, and mark-to-market profit and loss. CITIC Metal has become the first enterprise in the domestic (China) metal trade field to successfully introduce and apply an international risk management system, thanks in part to Enuit.

-CITIC representative

Beijing National Oil Company Licenses ENTRADE

Contact Information:

Enuit, LLC
David Meyers (dcmeyers@enuit.com)

Enuit, LLC licenses Entrade
FOR IMMEDIATE RELEASE

Beijing, China (November 13, 2017) – Enuit, LLC recently entered into an agreement with a Beijing-based National Oil company to license Enuit’s commodity trading platform, called ENTRADE, to support its crude and products trading business.

“This deal is a BIG win for Enuit,” says Ken Han, CEO and co-founder of Enuit, LLC, which is a Houston, Texas-based software developer specializing in developing and deploying Commodity Trading and Risk Management (CTRM) software around the world.  “And, I believe, it is a BIG win for our client, too.  ENTRADE has all of the functions and features our client needs, and is easily adapted to any special needs within China’s market.”

ENTRADE is Enuit’s flagship product providing software tools to support commodity trading activities, including energy commodities, domestically within the US and internationally, as is shown by Enuit’s new Beijing-based client.  Enuit has a local presence within China in the form of its Beijing office and employees, who will be involved in ENTRADE’s implementation project for Enuit’s client.

David Meyers, President and co-founder of Enuit, added his words of welcome and enthusiastic support for Enuit’s new Chinese client.  “China is a huge, emerging market for commodity trading businesses.  We are thrilled to be involved in China’s growth as an dominant world economy.  And, we appreciate our new client providing an anchor for Enuit in this developing market.”

Enuit was founded in 2008 to develop and deliver next generation CTRM (Commodity Trading Risk Management) solutions to energy and other commodity markets.  Enuit recently released version 6 of Entrade, which has features and functions supporting trading company activities in all classes of commodities.

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US Natural Gas Producer Licenses ENTRADE

Contact Information:

Enuit, LLC
David Meyers (dcmeyers@enuit.com)

Enuit, LLC licenses Entrade
FOR IMMEDIATE RELEASE

Houston, Texas (April 30, 2017) – Enuit, LLC recently entered into an agreement with a Houston-based Natural Gas Production company to license Enuit’s commodity trading platform, called Entrade, to support its Natural Gas production activities.

“We recently acquired producing assets in the Marcellus shale formation,” says company’s Vice President of operations.  “Entrade’s reasonable cost and quick implementation helped us quickly get to focusing on our operations, which is where our focus needed to be at the earliest possible moment.  And, our implementation team did a great job.  Wonderful people to work with.”

Entrade is Enuit’s flagship product providing software tools to support energy marketing logistics activities of energy producers.  Netback price calculation and division of interest payments are two important functions supported by Entrade.

David Meyers, President and co-founder of Enuit, welcomes Houston-based into Enuit’s family of clients.  “Our new client is a great opportunity for Enuit to show how Entrade may be used to support the marketing activities of domestic energy producing companies.”

Enuit was founded in 2008 to develop and deliver next generation CTRM (Commodity Trading Risk Management) solutions to energy and other commodity markets.  Enuit recently released version 6 of Entrade, which has features and functions supporting trading company activities in all classes of commodities.

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Houston-Based Commodity Trading Company Selects ENTRADE

Contact Information:

Enuit, LLC
David Meyers (dcmeyers@enuit.com)

Enuit, LLC licenses Entrade
FOR IMMEDIATE RELEASE

Houston, Texas (Jan 2, 2017) – Enuit, LLC recently entered into an agreement with a Houston-based Trading company to license Enuit’s commodity trading platform, called Entrade, to support its Natural Gas, Power, and domestic bio-products trading activities.

“We selected Entrade because it supports our commodity trading business today and tomorrow,” says the President of Power trading. “And, it is intuitive and easy to use. We were up-and-running with Entrade in just a few months.”

Entrade is Enuit’s flagship product providing software tools to manage commodity trading activities and logistics needs of commodity trading companies, both domestically and internationally.

David Meyers, President and co-founder of Enuit, welcomes Houston-based into Enuit’s family of clients. “We are so excited to have been selected. It is a great company to showcase Entrade’s ability to manage trading activities over a broad range of commodities.”

Enuit was founded in 2008 to develop and deliver next generation CTRM (Commodity Trading Risk Management) solutions to energy and other commodity markets. Enuit recently released version 6 of Entrade, which has features and functions supporting trading company activities in all classes of commodities.

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Entrade Version 6 has arrived

If you are looking for an Energy or Commodity Trade and Logistics Management system, you have come to the right place.  Entrade v6 is ready to assist you with your trading needs today.

Manage crude, refined products, LNG, NGLs, natural gas, electricity, metals, softs, and freight trading in Entrade.  It’s all One Platform!  One technology.

Entrade reports all decomposed trading risks together in one consolidated report.  In real-time, even.  Because Entrade is fast.  And, its forms and reports are intuitive and easy to use.

Entrade doesn’t require customizations and enhancements.  It ready to go out-of-box.  Today.  Contact an Enuit representative today.  You will be glad you did.