On July 29, 2017 Dataminr for Finance alerted clients to an explosion and subsequent fire at Shell's Vondelingenweg refinery hours ahead of major news. Sitting just outside of Rotterdam in the Netherlands, this refinery is one of the largest in the world, processing 416,000 barrels of crude oil per day, or 21 million tons annually.
Major news did not move on the story until 3 a.m. the following day, nearly 10 hours after Dataminr’s first alert. When it was reported that the facility would remain suspended into the following week, the shutdown resulted in a price surge in gasoline, diesel, and jet fuel across northwestern Europe.
Dataminr for Finance alerted clients to an explosion and fire at Shell's Vondelingenweg refinery.
Dataminr for Finance's alert came hours ahead of major news, enabling clients to respond more quickly.
#Shell #Vondelingenweg explosie
Dataminr for Finance alerts kept clients aware of developments, including the eventual refinery shutdown.
Dataminr for Finance gave clients ongoing updates, providing early insights into the shutdown of Europe's largest refinery.
Translated from Dutch
Vondelingenweg: There is a fire in a high-voltage station of the Shell. This will shut down the largest refinery.
Nearly 10 hours later, major news reported on the explosion and shutdown. The shutdown resulted in a price surge in gasoline, diesel, and jet fuel in northwestern Europe
BUZZ-Shell shuts units at Dutch Pernis refinery after fire, power loss http://s.einnews.com/H-IxZdPiah