Energy transition
Coal House of the Year: E.on Energy Trading
The environment for coal trading has been extremely challenging over the past year, which makes the achievements of our Coal House of the Year award winner – E.on Energy Trading – all the more impressive
European Electricity House of the Year: GDF Suez Trading
Following a fruitful first year of operation, GDF Suez Trading has been selected as the winner of this year’s European Electricity House of the Year award due to its innovative hedging and trading solutions, which have helped provide much-needed market…
US Electricity House of the Year: EDF Trading
EDF Trading wins our US Electricity House of the Year award for scoring a series of notable achievements in the US power market
European Natural Gas House of the Year: Société Générale Corporate & Investment Banking
Société Générale Corporate & Investment Banking (SG CIB) has won Energy Risk’s European Natural Gas House of the Year award for several pioneering initiatives achieved due to its strong connection to the physical market, combined with in-depth knowledge…
US Natural Gas House of the Year: JP Morgan
Our US Natural Gas House of the Year award goes to JP Morgan for its impressive deal flow and its extensive work with the shale gas producers that are reshaping the North American energy landscape
Oil & Products House of the Year: BNP Paribas
Building on its extensive experience in commodities finance, BNP Paribas has made significant progress over the past five years in developing its derivatives business
Energy Risk Manager of the Year: Morgan Stanley
Due, in particular, to a strong emphasis on the depth and breadth of its physical business, Morgan Stanley has been named Energy Risk Manager of the Year in our 2012 awards
Derivatives House of the Year: Deutsche Bank
During a troubled year for commodity trading, Deutsche Bank gained market share and boosted its global client base. For these reasons and more, it has been named Derivatives House of the Year in the 2012 Energy Risk awards
Seaway pipeline reversal: beginning of the end for negative WTI-Brent spread?
Analyst forecasts of how the reversal of the Seaway pipeline will affect the West Texas Intermediate-Brent spread vary widely. Jay Maroo reports
Power and utilities M&A declines in volume but grows in value: Ernst & Young
Slow global economic recovery led to weak M&A activity in the global power and utilities sector in the first quarter of 2012, but deal value increased almost 20% from the previous quarter
Energy Risk USA: Storms, warm winter, fuel interest in weather derivatives
The extreme weather that hit North America recently has spurred interest in tools designed to hedge weather risk, according to participants speaking at Energy Risk USA
Energy Risk USA: End-user exception to clearing impractical experts warn
The Commodity Futures Trading Commission’s proposed rule on the end-user exception to clearing is unworkable for many energy firms that use swaps for hedging say market experts
Research report outlines scope for Saarc power trading
Power trading across the Indian subcontinent is set to grow in size and interconnectivity, according to a GBI Research report
European power market series: Iberia
Liquidity in the Iberian power market has been on the rise thanks to market coupling and a move away from fixed tariffs, but uncertainty around government intervention and a lack of interconnection with the rest of Europe remain huge obstacles to…
German power market outlook
This month marks the one-year anniversary of Germany announcing its intention to abandon nuclear power. Since then a number of fundamental shifts have occurred in the German power market, which are expected to impact prices during the year. Jay Maroo…
Fragmentation hindering Canada’s electricity market
Poor integration and lack of political collaboration are preventing the Canadian electricity markets from achieving full efficiency, Gillian Carr reports
Risk management strategy low priority for many European energy buyers: survey
Most respondents think oil prices will rise – but few have risk management policies in place to cope with it
Energy firms rethink risk-capital allocation
Today’s capital-constrained environment is driving energy companies to review their approach to allocating the capital required to support risk exposures. David Stokes and Olly Spinks look at the challenges associated with risk-capital allocation and…
Turning points: GDF Suez Trading's Edouard Neviaski
Energy markets veteran Edouard Neviaski talks to Jay Maroo about what it takes to make it big in the energy trading industry and his route to becoming the chief executive of GDF Suez Trading
White House seeks tools to fight ‘excessive’ oil speculation
On Tuesday, US President Barack Obama launched a new initiative aimed at curbing speculation in energy markets, arguing that it would help ease the pain of high gasoline prices. He urged Congress to give the US Commodities Futures Trading Commission …
Exclusive: Interview with Aramco Trading’s Said Al-Hadrami
The world’s biggest producer of crude oil, Saudi Aramco, has moved far beyond its roots and now boasts a team devoted to the worldwide trade of refined products. In an exclusive interview, Aramco Trading’s chief executive Said Al-Hadrami tells Alexander…
Enterprise-wide risk management: The power of cashflow-based metrics
The risks faced by energy/commodity firms need to be assessed via metrics that allow for longer-term outlooks and incorporate risks from asset-backed trading. In the second article in this series, Chris Strickland discusses the range of such metrics…
Special report: Operational risk
For energy traders and risk managers, operational risk extends far beyond IT and trading-systems risk to the real-world fundamentals of delivery risk, shipping delays, pipeline congestion or even a cyber attack on the power grid.
Asian challenge to crude benchmarks
As Asian demand for crude continues to increase, calls are growing for an Asian crude oil benchmark to sit alongside the global benchmarks of WTI and Brent. Jay Maroo investigates the possible alternatives