Risk management
Q&A: Kwame Okyere-Mensuo, Ministry of Finance and Economic Planning, Ghana
Kwame Okyere-Mensuo, technical adviser at Ghana’s Ministry of Finance and Economic Planning, talks about the country’s pioneering import hedging programme, as well as the hedging of output from the Jubilee field
Energy Risk Manager of the Year, Asia: Morgan Stanley
Morgan Stanley wins this year's Energy Risk Manager of the Year, Asia award due to the continued expansion of its diverse physical operations, and the tight integration of its risk management function with other areas such as corporate finance.
Turning Points: Icap Energy’s co-president Todd Creek
Early M&A and recruitment experience has served Icap Energy’s Todd Creek well. He speaks to Pauline McCallion about international expansion and hunting for talent in today’s energy sector
Brazil energy appeals to investors but many hurdles remain
Brazil’s expected rise as a major global energy supplier has been one of the biggest stories of the past decade. Although one of the most politically stable emerging market economies, doing business there is still fraught with difficulties. Alex Davis…
Biofuels swaps
Interest in biofuels swaps has grown rapidly over the last two years, but further regulatory clarity is needed if the market is to mature, say participants. Gillian Carr looks at the outlook for the global biofuels swaps market
Q&A: Shell Energy North America's president, Frans Everts
After being appointed president of Shell Energy North America last June, Frans Everts is now getting to grips with both new markets and new regulations. He talks to Pauline McCallion about the Dodd-Frank Act and his outlook for natural gas and carbon…
CME names Gary Morsches as energy managing director
CME Group has appointed Gary Morsches as managing director of its global energy business
The rise of sovereign commodity risk management
The unprecedented commodity price volatility of the past four years has led to a surge of interest from governments in risk management strategies. Investment banks are in talks with sovereigns worldwide on setting up financial hedges, and say uptake is…
Trading positions - October 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Speculation not a major cause of commodity market volatility: FOA
Futures and Options Association report refutes negative impact of speculators on commodities markets
Hellman & Friedman to buy OpenLink
New-York-based commodity software firm OpenLink has announced its owners The Carlyle Group will sell it to a US private equity firm
Cutting edge: solutions for three-asset spread options
Three-asset spread options are becoming increasingly important in energy and commodity markets. Elisa Alòs, Alexander Eydeland and Peter Laurence present two fast asymptotic, analytic pricing formulas. The first is based on a new stochastic calculus…
Turning Points: Craig Breslau, SG CIB's managing director, commodities trading
SG CIB’s Houston-based managing director, commodities trading, Craig Breslau, speaks about his journey through the energy and commodities sector
Who should pay for wind power risk?
Wind power is being relied on by governments around the world to deliver on their promises of low-carbon power. But who is left holding the financial risks inherent to this resource? And what are the prospects for a mature wind derivatives market…
Q&A: Gerardo Rodriguez, Mexico's Ministry of Finance and Public Credit
Gerardo Rodriguez, deputy finance minister at Mexico’s Ministry of Finance and Public Credit, speaks about the government’s oil price hedging strategy
Trading positions - September 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Major disagreement over commodity trade repositories
Ice and CME’s plans to launch commodity derivatives repositories to run alongside the DTCC/EFETnet’s offering are polarising opinion within the industry, as Ned Molloy reports
Commodity trading data leak relights speculation debate
Leaked US CFTC data on commodity market positions in the run-up to 2008’s record oil price spike has fanned the flames of the long-running speculation debate. Pauline McCallion reports