News
Amaranth losses puts risk management in the spotlight
As well as spooking players in the natural gas markets, the $6 billion losses of multi-strategy hedge fund Amaranth have put the issue of risk management, and particularly capital-at-risk, under closer scrutiny than ever
5% salary growth continues for energy risk execs
Salaries and total compensation for risk professionals at energy companies continued to grow at an average of 5% in 2005 over the previous year, according to the Professional Compensation Survey.
First physical and futures freight fund launched
Dry bulk shipping fund advisor M2M Management today launches Global Maritime Investments, the first physical and futures maritime freight fund.
ECX and Ice Futures to launch emissions options
The European Climate Exchange (ECX) and Ice Futures will launch the Ice Futures ECX CFI Options Contract (ECX CFI Option) on Friday 13 October, subject to regulatory approval.
Crosstex Energy selects Quorum NGL marketing software
Crosstex Energy, a Dallas-based midstream natural gas company, has selected Quorum Liquids Marketing software from Quorum Business Solutions. The software will manage Crosstex’ commercial natural gas liquids (NGL) marketing activities.
Point Carbon launches North American operations
Point Carbon, a provider of market intelligence, analysis, forecasting and advisory services for the energy and environmental markets, today announced the launch of operations in North America.
Nord Pool Spot opens Elbas for cross-border trading
Nord Pool Spot, which runs Elbas, the first intra-day trading system in Europe, is to extend it to cover the German bidding area “Kontek” on September 25.
Natsource in billion dollar green house gas transaction
Carbon asset manager Natsource has announced that two of its entities will participate in a billion dollar green house gas (GHG) transaction.
SGX AsiaClear to offer clearing on partials
The Singapore Exchange (SGX) has announced that SGX AsiaClear will offer the clearing of OTC balance-of-month fuel oil 180cst and 380cst swaps from September 4.
ETF Securities launches 29 new exchange-traded commodity securities
ETF Securities, a leading player in exchange-traded commodities (ETCs), will simultaneously launch 29 separate ETCs in the UK within the next few weeks, comprising 19 individual securities and 10 index securities.
EECM and Coastal Partners launch offshore energy fund
New York-based Energy & Environment Capital Management (EECM) and Coastal Partners of the Bahamas will together launch an offshore version of the Energy & Environment Fund.
Climate Change Capital creates world's largest private carbon fund
Climate Change Capital (CCC), a UK-based investment bank that focuses on investment in clean energy and a low carbon economy, announced this morning that it has created the world's largest private sector carbon fund.
GFI to acquire Amerex's North American operations
GFI is acquire the North American brokerage operations and assets of Amerex Energy, a leading interdealer broker of power, natural gas and emissions products and related derivative and option contracts in North America.