Energy
CME and JSE to cooperate on corn futures contract
The Johannesburg Stock Exchange (JSE) is to license CME Group's benchmark corn futures settlement prices to create a new JSE cash-settled corn futures contract.
SSE and Iberdrola join forces for UK nuclear
UK utility Scottish and Southern Energy (SSE) has joined forces with Spanish utility Iberdrola to help kick-start the UK's nuclear new build programme. They will begin by securing potential sites for nuclear power stations and work alongside UK…
Constellation sells commodities business to Goldman Sachs
Constellation Energy is to sell the majority of its London-based international commodities business, including its coal and freight operations and European energy trading units, to Goldman Sachs.
New Chicago petroleum contracts to be listed on ClearPort
CME Group has launched four Chicago petroleum contracts on its ClearPort trading platform.
RWE and E.ON team up for UK nuclear projects
German utilities RWE and E.ON have formed a joint-venture to develop new nuclear power stations in the UK.
Vattenfall Trading founds shipping company
Vattenfall Trading Services has founded Copenhagen-based shipping company VT Shipping after acquiring three barges and three tugs from a Danish shipping company late last year.
Oil price slump hits Canadian oil sands production
The precipitous drop in oil prices has had a significant impact on projected oil sands production, finds Pauline McCallion
Clean and transparent
The process of approving CDM projects, though generally much quicker than it used to be, is still not as transparent as people would like, finds Katie Holliday
Tullett Prebon closes US environmental desk
Interdealer broker Tullett Prebon has closed its US environmental products desk in Jersey City, New Jersey.
European energy outlook
2008 was a rollercoaster year for Europe's energy markets. Roderick Bruce interviews trading CEOs and other senior executives to see how they envisage Europe's gas & power markets developing in the year ahead
DNV suspension hits CER issuance pipeline
The suspension of CDM project verifier DNV will cause further delays in the CER pipeline, though the market remains robust, finds Katie Holliday
From Russia with hub
Ambitious plans to turn Baumgarten into Europe's most liquid gas hub face many challenges, but if successful could radically change the continent's gas trading landscape. Roderick Bruce reports
Ready for takeoff?
With aviation joining the EU Emissions Trading Scheme in 2012, Alex Meredith of Hunton & Williams asks whether the aviation sector is ready and looks at the potential impact on the carbon market
Oil change
George W. Bush ruled that the US Strategic Petroleum Reserve was to be released in significant amounts only in a national emergency. But incoming US president Barack Obama could change that, finds Susan Arterian
Ready for any weather
Roderick Bruce looks back at the highlights of the Weather Risk e-symposium, a live online conference hosted by Energy Risk in late November
RWE to buy Essent
Germany's RWE is buy Dutch utility Essent in an all-cash €9.3 billion deal. Essent will become RWE's operating company in the Netherlands and Belgium, and will continue as an independent entity.
Liquidity floods into Powernext Gas
French exchange Powernext's recently-launched natural gas spot market has already become the most liquid in continental Europe, says Powernext.
CME launches dual listing of oil and gas options
CME Group has announced the dual listing of financially settled crude oil, Brent crude oil and natural gas calendar spread options on the New York trading floor and ClearPort Clearing.
Russia gas dispute hits European markets
Two days of Ukrainian natural gas transit flow cuts, combined with cold weather, have sparked a rise in both short and medium term European natural gas prices.
Obama plans alternative energy boost
US President-elect Barack Obama has pledged to double alternative energy production over the next three years and construct a new smart grid as part of an economic stimulus plan.