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Linn Energy terminates $68m of commodity contracts with Lehman

Following its bankruptcy, it is estimated that Lehman Brothers would owe Linn Energy $68 million dollars for the terminated commodity hedges. However, costs to enter into identical commodity hedge positions matched this and Linn’s overall position remains unchanged.

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CRO interview: Brett Humphreys

Brett Humphreys is head of risk management at environmental markets specialist Karbone. He talks to Energy Risk about the challenges of modelling outcomes in unpredictable times and how he’s approaching the risks at the top of his risk register

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