Risk management
Vultures in Congo
Energy companies have long accepted a degree of country risk when investing in developing nations. But oil and gas companies now face a new threat to their international investments - and its origins lie closer to home. Andrew Derman, Andrew Melsheimer…
Kick-start for coal futures
Ice Futures and the European Energy Exchange have gone head-to-head in the latest attempt to kick-start coal derivatives trading. Oliver Holtaway investigates
Amine Bel Hadj Soulami
Amine Bel Hadj Soulami talks to Stella Farrington about his rise to global head of commodity derivatives at BNP Paribas
Delta hedging the load-serving deal
In this article Andrew Klingler takes a closer look at the residual risk when a load-serving contract is hedged with forwards. The residual risk components are described quantitatively and a formula for the minimum variance hedge is outlined
Jaime Roman, risk managing director, Endesa, Spain
Jaime Roman is chief financial officer and risk managing director at Spanish utility Endesa. Holding a PhD in Electrical Engineering, he was in academia before being approached to join Endesa in 1997
Valid Assumptions Required: Volatility
Brett Humphreys reviews the assumptions associated with calculating volatility based on historical data.
Brazil switches on to risk management
As Brazil's electricity market restructures, increasingly sophisticated risk management tools and systems are required, writes Leigh Parkinson
Jane McCarthy, manager of portfolio risk management BHP Billiton
Jane McCarthy is manager of portfolio risk management at BHP Billiton. She is responsible for quantitative portfolio modelling and risk analysis, including regular reporting to the board and financial risk management committee
Paul de Fries, group risk manager, Noble Group
Paul de Fries is group risk manager of Noble Group. He began his career at the IPE, was a derivatives trader with Hull, and later joined ING Bank. He was head trader at Macquarie Bank before joining Noble in 2001
Petter Kapstad, head of risk management, Statoil
Petter Kapstad is head of risk management at Statoil, Norway's largest oil company. In 1997, Kapstad helped to steer Statoil through the implementation of a groundbreaking enterprise-wide risk management (EWRM) programme
Vladislav Soloviov, chief financial officer, RUSAL
Born in 1973, Vladislav Soloviov, is the chief financial officer at Russian aluminium giant RUSAL. Before joining RUSAL he held key roles in The Russian Federation's Ministry of Taxes and Dues
GlobalView adds TFS, ICAP, CBOT to data offerings
Chicago-based data management company GlobalView has increased its data offerings to include data from brokerage Tradition Financial Services (TFS), an increased offering from ICAP, and futures data from the Chicago Board of Trade (CBOT).
Technology - Software selection - Selection success
Getting the best results from external ETRM software offerings requires careful preparation and an ongoing commitment from management. Addam Alderete outlines the key issues