Gas/LNG
Foster Smith
Foster Smith, head of US gas and power trading at JP Morgan, tells David Watkins his fast-track career path is par for the course in commodities
Dysfunctional market
US natural gas for less than $1.00 is a sign of dysfunctional markets saysDaven Voorhies of Logical Information Machines
ICE and Platts partner on pricing
Commodities information provider Platts is to integrate OTC market data from IntercontinentalExchange (ICE) into its forward curve data products for North American gas and power markets.
An unfair competition
As one of the largest importers of natural gas in the European Union, Italy is a clear example of why liberalisation is harder in net importing countries. Alberto Cavaliere, professor of public economics at the University of Pavia, looks at the state of…
Breaking the chain
Most gas sold in continental Europe is still priced against oil products, even though the rationale for this link has waned. But some end-users have had enough. Oliver Holtaway reports
Lehman bros to build natural gas trading hub
Global investment bank Lehman Brothers and its affiliate, Lehman Brothers Commodity Services (LBCS), is to build a 40 mile-long natural gas trading hub between Perryville and Delhi in Northeast Louisiana
Gaz de France and Suez agree merger
The boards of French utilities Gaz de France and Suez have reached an agreement to merge. The merger, in negotiation since February 2006, will create the world’s third largest utility company, GDF Suez, with market capitalisation of around €90 billion…
CFTC: Amaranth manipulated gas prices
US futures market regulator alleges that the defunct hedge fund sought to influence the settlement price of Nymex natural gas futures by selling heavily during the closing range. David Watkins reports
Going with the flow
The competitive edge that physical natural gas players have historically enjoyed is being eroded by advances in information flows. Vincent Kaminski and Russell Braziel discuss their study, which suggests new information flows have transformed natural gas…
Amaranth manipulated gas prices: CFTC
The US Commodity Futures Trading Commission has charged failed hedge fund Amaranth Advisors and its former head trader, Brian Hunter, with trying to manipulate natural gas futures prices.
EDF and RasGas sign LNG supply deal
Utility EDF, through its subsidiary EDF Trading, has signed a liquefied natural gas (LNG) supply contract with Qatari company Ras Laffan Liquefied Natural Gas (RasGas).
Amaranth trades “altered natural gas prices.”
Energy hedge fund Amaranth Advisors exploited legal loopholes and altered natural gas prices through “excessive speculation” before its 2006 implosion, a US senate investigation has found.
UET selects Monaco gas scheduling solution
Gas service company United Energy Trading (UET) has selected NewEnergy Associates’ Monaco solution to facilitate their front to back-office activities.
World Energy acquires EnergyGateway
World Energy Solutions, an operator of online exchanges for energy and energy related products, has completed the acquisition of EnergyGateway, a leading online broker of natural gas and electricity for commercial and industrial consumers in the United…
EDF Trading builds its natural gas business in Spain
EDF Trading, the subsidiary of French utility EDF, responsible for wholesale energy market activity, has been granted a licence to trade physical natural gas in Spain and plans to start delivery of physical gas to market counterparties later this year.
ICE acquires ChemConnect's commodity business
IntercontinentalExchange (ICE) has agreed to acquire ChemConnect’s commodity trading business. ChemConnect is an electronic marketplace for the $150billion US natural gas liquids (NGLs) and chemicals markets.
Electrabel
European Natural Gas House of the Year
Morgan Stanley
US Natural Gas House of the Year
UBS enters European power and gas
UBS has launched its European power and gas business with a trade in the UK gas market.
Navigating risk
The growth of the LNG spot market means more voyages, but with this comes a likely increase in the number of problems and delays to voyages. Clare Calnan, partner at shipping law firm Curtis Davis Garrard, discusses the extent to which shipowners may be…