News
Evolution Markets enters biofuels market
Evolution Markets has launched brokerage and financial services for the US and global biofuels market.
globalCOAL settles with GFI in dispute over physical coal contract
Electronic trading platform globalCOAL has fended off another attempt by a major inter-dealer broker to use its products on their own screens, after reaching an agreement with GFI to prevent any use of its Standard Coal Trading Agreement (SCoTA) on its…
Statoil buys Hydro’s oil and gas assets
Norwegian companies Hydro and Statoil have agreed a merger of Hydro’s oil and gas activities with Statoil, creating the world’s largest offshore operator in an estimated $28billion deal.
Nybot members support Ice merger
Members of the New York Board of Trade (Nybot) have voted overwhelmingly in favour of a proposed merger with IntercontinentalExchange (Ice).
Shell makes Sakhalin-2 offer to Gazprom
Shell has reportedly offered Russian gas giant Gazprom a controlling stake in the Sakahalin-2 oil and gas exploration project. The offer was made during discussions between Shell’s chief executive Jeroen van der Veer and Alexei Miller, chairman of…
CO2 venture launches in US
Blue Source, a US-based company which invests in carbon reduction projects and supplies offsets, has teamed up with private equity firm First Reserve to create the first US venture to reduce CO2 emissions across the energy, manufacturing and…
Head gas trader quits JPMorgan
The head natural gas trader for JPMorgan has resigned after being asked to leave the investment bank, sources close to the situation said Friday.
GFI opens Singapore biofuel desk
Inter-dealer broker GFI has opened a physical biofuel broking desk in Singapore. The new desk is a response to the continued growth in global demand for green energy products, and will be overseen by experienced GFI broker Jeremy Searle.
Democrats' victory to boost carbon trade
A Democratic victory in the mid-term US elections is good news for green energies, but not necessarily for big oil, writes David Watkins
BNP Paribas expands CER portfolio
BNP Paribas has entered into two new contracts to purchase certified emissions reductions (CERs) generated from Clean Development Mechanism projects in Mexico and India.