News
Carbon market buoyed by legislative outlook
While the value of the global carbon market fell by 21% in the third quarter, a recent report has forecast 107% growth in volume in 2009.
Power project could link US grids
A proposal to link the three US power grids could create the country’s first renewable energy trading hub.
Report notes potential of NGV demand
Natural gas demand could be boosted by two initiatives being debated in Congress that promote natural gas vehicles (NGVs).
Industry experts bearish on IEA oil demand
Industry experts at the annual Oil & Money Conference in London this week challenged International Energy Agency (IEA) forecasts for demand growth.
Gazprom Marketing & Trading and ecolutions collaborate on CDM
Gazprom Marketing & Trading (GM&T), a subsidiary of Russian gas company Gazprom, has partnered with renewable energy firm ecolutions to develop emissions-reduction projects in China.
Gazprom and EDF announce transatlantic gas swap
Gazprom Marketing & Trading and EDF Trading have announced details of an agreement to swap natural gas between the US and European markets.
Parity Energy introduces WhenTech valuations
Electronic trading platform Parity Energy has launched real-time option pricing through a collaboration with WhenTech Markets, a risk management and pricing software programme.
CME accepts gold as collateral for trades
The clearing house of global exchange CME Group - CME Clearing - has announced it will now accept gold as collateral for trades on the exchange.
International energy regulator launched
The creation of the International Confederation of Energy Regulators (ICER), a group of 12 regional energy regulatory associations, was announced by John Mogg, president of the Council of European Energy Regulators (CEER), at the fourth World Forum of…
BlueNext launches outright spread contract
BlueNext has introduced an outright spread contract that will allow members to price the difference between spot European emission allowances (EUAs) and certified emission reduction (CER) contracts.
Skilling granted appeal hearing
The US Supreme Court has agreed to hear an appeal from Jeffrey Skilling, former chief executive of Enron.
$12m US carbon offset deal announced
Goldman Sachs, Blue Source and CE2 Carbon Capital have announced details of a $12 million US carbon offset transaction.
Citi sells Phibro to Occidental
Citi has announced the sale of commodities trading unit Phibro to Occidental Petroleum.
StanChart signs $500m risk-sharing deal with Ofid
A $500 million trade-finance agreement has been signed between global bank Standard Chartered and the Organisation of Petroleum Exporting Countries Fund for International Development (Ofid), which aims to boost world trade flows for emerging market banks.
Record high sugar prices hit ethanol market
Ethanol prices in Brazil have recently risen due to a decrease in production. According to experts, record high sugar prices in the region are encouraging mills to refine sugar over ethanol, which is giving a 50% better return.
Nord Pool Spot expands into Estonia
Nordic power exchange, Nord Pool Spot, has announced plans to incorporate Estonia into its pricing area for physical power from April 2010.
India’s energy efficiency scheme won't impact CDM, say experts
India’s plans for a domestic energy efficiency cap-and-trade scheme have raised concerns over how the market for Clean Development Mechanism (CDM) projects will be affected.