News
Non-bank commodity traders should adopt Fed letter commitments, says BP executive
BP's Alan Haywood says non-banks need to consider Fed letter commitments for the good of the industry
Energy Risk Asia: Dodd-Frank could hit Asian energy firms hard
Panellists at the Energy Risk Asia conference voice concerns over the extraterritorial implications of the Dodd-Frank Act
Airlines face 82-million tonne shortfall of carbon allowances in 2012
The commercial airline sector will have to buy 82 million tonnes of carbon allowances next year in addition to free allowances, according to an aviation consultancy
Speculation not a major cause of commodity market volatility: FOA
Futures and Options Association report refutes negative impact of speculators on commodities markets
Rule could make OTC-cleared energy contracts 'endangered species': O’Malia
CFTC commissioner renews support for over-the-counter energy clearing tool in the face of new Dodd-Frank rules that could affect operation
Brokers welcome Iosco commodity derivatives supervision principles
The recommendations of global regulators to harmonise commodity derivatives regulation have received praise from brokers for not trying to divide 'speculation' from 'hedging'
Shell Energy chief calls for regulatory data confidentiality rules
The confidentiality of energy trading data provided to regulators for market monitoring purposes continues to concern market players and regulators alike, after August leak by senator Sanders
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
Carbon tax here to stay: Alberta energy minister
Alberta, Canada, home to the world’s third largest oil reserves, will await further federal government moves before upping its own emissions limits or developing a carbon cap-and-trade scheme
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
Mexico’s hedging programme gears up for 2012
This week Mexico’s Congress will begin to debate the price at which the country hedges its oil exports next year
Credit Suisse: first cleared coking coal swap
Credit Suisse has announced the completion of the first cleared coking coal swap transaction, based on a new over-the-counter cleared contract on the CME
Shifting towards specialism will provide integrated oil companies with best returns says AT Kearney
Optimum shareholder value in the oil and gas sector is likely to come from a specialist approach rather than the traditional integrated oil company model, according to a recent report by management consulting firm AT Kearney
Slow return for Libya oil seen after Gaddafi topple
The overthrow of Libyan leader Colonel Muammar Gaddafi may have sent oil prices falling in recent days, but a return to full oil production in Libya is not likely for some time to come due to on-going security issues, say analysts
Cat product to transfer oil spill risk to capital markets
Catastrophe product looks to capitalise on perceived investor appetite for oil spill risk
US oil and gas M&A at $39 billion
Merger and acquisition (M&A) activity in the oil and gas sector registered a rise in average deal value, according to a PricewaterhouseCoopers (PwC) report
US energy security risk is rising, index warns
The risks facing US energy security are increasing, according to an index published by the US Chamber of Commerce
Spanish gas market growth slowing, says OIES
Although Spain's gas market has grown faster than all other major Euorpean countries, it now faces a number of challenges, says the Oxford Institute for Energy Studies (OIES)
Oil analysts count cost of recession on crude prices
Commodity analysts re-examine their oil price forecasts in light of current economic deterioration, as the long-term economic outlook remains unclear
Mexico driving put skew in Brent, say brokers
The put skew in Brent crude oil is close to its yearly high. This is being driven by the hedging programme of Mexico, as well as more general risk aversion on macroeconomic worries, according to brokers
Trading positions - August 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
UK electricity market reform ‘could deter investment’
A recent proposal to implement a capacity mechanism in the UK has sparked concern that government intervention could stifle infrastructure development.