OilX is a fast-growing, London-headquartered data analytics start-up; backed by the European Space Agency (ESA) and Citigroup. OilX combines satellite observations and conventional oil analytics using the latest data science techniques to generate a real-time snapshot of the global oil market.
ZE PowerGroup Inc. (ZE) and OilX have formed a collaboration to provide oil companies with seamless access to reliable oil data. Using the latest AI technology, OilX provides the most comprehensive visualization of the global crude oil, refined products and bio-fuels market covering all elements of the oil supply chain from production to consumption. ZE is excited to host these data sources on its award-winning data management and integration platform, ZEMA™. This presents an excellent opportunity for businesses in the oil markets to exploit ZE’s end-to-end data management and analytics services. The partnership between the global data management leader and the Oil Analytics company aims to provide bigger and better data analytics solutions for companies in the oil sector through the award-winning ZEMA™ platform. Customers can now tap into the extensive oil database on the ZE platform and gain invaluable insights for enhanced efficiency and operational excellence.
“We are ecstatic about the integration of oil data into ZEMA. It will enable the oil businesses to gain a competitive edge with improved operations, predictive maintenance, and streamlined production and delivery. This will pave the way for transformative efficiency for our clients. They’ll be able to reduce costs with better planning and predictive analysis,” remarked Aiman El-Ramly, Chief Business Officer at ZE PowerGroup. Florian Thaler, CEO of OilX said “We are pleased to be part of the data ecosystem supported by ZE. Many customers are benefiting from the combination of satellite, maritime and fundamental market data for the energy supply chain. ZE provides a level of data integration that all market participants can benefit from.“For more information, read our Partner Spotlight Blog on OilX.
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