Credit risk
Oil project economics
As oil companies look beyond current concerns over credit and costs, Pauline McCallion finds out how project economics are changing future plans
BarCap launches LNG services with Excelerate deal
Barclays Capital today launched a liquefied natural gas (LNG) services offering with a new agreement to market Excelerate Energy’s LNG cargoes in the northeast US market.
Risk Management After Lehman
Can the constants used by quants and risk managers be trusted in the post-Lehman environment? Chris Schlegel of Southern Company looks at some of the pitfalls risk managers need to look out for when using constants and assesses why they are both vitally…
Canada's oil sands growth seen steady
It’s been a rollercoaster 18 months for Canada’s oil sands – higher oil prices are now supporting the complex, but credit remains constrained. Pauline McCallion talks to experts about their outlook for the industry
Feeling Secure? Energy Risk's Risk Management Survey 2009
Budget constraints have become the biggest hindrance to effective risk management, and credit is the biggest risk to energy trading, according to respondents of Energy Risk’s 2009 Risk Management Survey. Rachel Morison presents the results
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.
Sponsored statement: Perilous markets demand enterprise-wide risk management
Rampant volatility, illiquidity, dramatically shifting relationships between physical products and financial instruments and the scarcity of credit are stressing energy and commodity markets like never before. Against this backdrop of uncertainty, says…
Corporate statement: Are you re-evaluating your energy risk management provider?
Many energy-price-dependent organisations, such as utilities, independent power producers and oil and gas producers, saw their hedges at risk with the crumbling balance sheets of several key hedge providers. The global credit crisis has forced many…
Cutting edge: Visualising value-at-risk
Risk transparency is an important yet elusive goal of any risk management process. One challenge is to understand the diversification effects of the portfolio elements. Wentao Zhao and Kevin Kindall introduce a graphical technique based on value-at-risk…
Evaluating credit & market exposure
Today’s volatile energy prices and the lower creditworthiness of some energy intensive users means energy providers have to assess counterparty risk thoroughly. David Coffman of GDF SUEZ Energy Resources provides some tips for assessing risk in the non…
Rewriting the rules
The proposed re-regulation of financial markets in the US could have far-reaching consequences for OTC commodity derivatives trading. Peter Malyshev, of counsel at law firm Winston & Strawn, analyses the proposals and identifies possible winners and…
ICE Futures Europe data added to COT reports
The Commodity Futures Trading Commission (CFTC) is to include positions of traders in West Texas Intermediate crude oil contracts on ICE Futures Europe in future Commitments of Traders (COT) reports.
Amerex launches consulting service
Amerex Brokers, an over-the-counter energy broker and wholly-owned subsidiary of GFI Group, has formed a fee-based energy risk management and execution consulting division called Amerex Energy Consulting Services (AECS).
Trayport links cleared OTC energy trades to LCH.Clearnet
Trading software provider Trayport has announced that it will now offer automated clearing for energy OTC trades on LCH.Clearnet.
“Slow and Painful” recovery for oil industry says Moodys
Ratings agency Moody's expects economic recovery within the global oil industry in 2010 to be 'slow and painful', according to its Industry Outlook for the Global Integrated Oil sector published last week.
Icap offers cleared broking service to Iberian electricity market
Interdealer broker Icap Energy is to offer its cleared OTC broking services on the Iberian electricity market (Mibel).
CME launches clearing services for physical NGL contracts
CME has announced the launch of clearing services for six new physically delivered natural gas liquids (NGL) futures contracts.
New Austrian natural gas exchange to clear through ECC
European Commodity Clearing (ECC) is to offer clearing services for a new natural gas exchange at Austria's Central European Gas Hub (CEGH), hosted by Vienna Stock Exchange.