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 supply chain challenges prompt risk management rethink
As supply chain challenges grow, energy risk managers are taking a more dynamic and holistic approach to managing and anticipating supply chain risk, say Sapna Amlani and Stephen Golliker at Moody’s
Energy Risk Europe Leaders’ Network: the challenge of unpredictability
The European Leaders’ Network, sponsored by Engie, convened in London on June 29, 2026, and focused on the impact of geopolitical tension, price volatility and policy uncertainty on European energy markets.
Break down silos to manage geopolitics – risk managers
Risk Live: Experts says scenario planning helps identify who has information needed in a crisis
Treat AI models as would-be hackers, says quant
Risk Live: Models capable of “strategic deception” require different risk management, says former Risk.net quant of the year
AI autonomy may redefine risk management roles
Risk Live: Machine validation of autonomous processes may emerge “relatively soon”, EIF risk chief says
Managing extreme volatility in commodities
Persistent volatility requires a rethink of technology architecture, says Murex head of market risk practice
Commodity volatility prompts a rethink of risk frameworks
Commodity market volatility is exposing the cracks in firms’ risk management frameworks and policies
Asian banks close out energy clients as Iran war bites
Firms with short jet fuel positions faced losses up to $100 million as initial margin soared 566%
