Editor's letter
Special recognition in the form of our Outstanding Achievement of the Year award goes to Shannon Burchett and his team at Risk Limited for their fuel relief work in New Orleans in the aftermath of Hurricane Katrina. You can read about the extraordinary efforts they went to to get much-needed fuel supplies into and around New Orleans.
With energy markets emerging and developing so quickly, much of the skill of any firm operating within them is in judging where the next big opportunity will be and moving in fast. In the article 'A prime time for energy prime brokerage', Ron Villarin discusses whether prime brokerage for energy companies could be the next business opportunity for banks. With electronic trading bringing in more players and more market places, energy companies may prefer to use the service of one bank for clearing, rather than develop separate relationships with a variety of exchanges, he argues.
Finally, Energy Risk's annual USA conference takes place in Houston between May 16th and May 18th this year. I hope to see many of you there!
More on Risk management
Energy Risk reaction: Venezuela and oil sanctions
Energy Risk talks to Rob McLeod at Hartree Partners about the energy risk implications of the US’s control of Venezuelan oil
CRO interview: Shawnie McBride
NRG’s chief risk officer Shawnie McBride discusses the challenges of increasingly interconnected risks, fostering a risk culture and her most useful working habits
Increasingly interconnected risks require unified risk management
Operational risk is on the rise according to a Moody's survey, making unified risk management vital, say Sapna Amlani and Stephen Golliker
Energy Risk Europe Leaders’ Network: geopolitical risk
Energy Risk’s European Leaders’ Network had its first meeting in November to discuss the risks posed to energy firms by recent geopolitical developments
Energy Risk US Leaders’ Network: tackling volatility
Energy Risk’s inaugural US Leaders’ Network convened in Houston in October to discuss risk management challenges caused by geopolitical upheaval, policy uncertainty and volatility
LNG trading strategies set to change amid major market shifts
The global LNG market is on the brink of significant changes set to alter trading dynamics and market behaviour, say analysts
Why commodity finance is ripe for stablecoin
Digital currency brings cost efficiencies to financing, but its real benefit to commodity firms lies in making huge pools of new capital available, write Jean-Marc Bonnefous and Ronan Julien
US shutdown leaves commodity traders without key data
Commodity traders are ‘flying blind’ without Commitment of Traders reports
