Energy
CFTC seeks greater energy market transparency
The US Commodity Futures Trading Commission (CFTC) has launched a series of new initiatives with which it hopes to increase the transparency of the energy futures markets.
Crude volatility evaporates OTC liquidity in May
Huge moves in the oil price in May has affected liquidity in the over-the-counter crude options markets as commercial traders struggled to take definitive views, say analysts.
Crude surges past $129
Crude oil reached record highs of $129 a barrel on the New York Mercantile Exchange (Nymex) today as the Organisation of Petrolium Exporting Countries announces it will not be boosting output.
Crude surges past $129
Crude oil reached record highs of $129 a barrel on the New York Mercantile Exchange (Nymex) today as the Organisation of Petrolium Exporting Countries announces it will not be boosting output.
DGCX to launch two new crude oil futures contracts
Two new crude oil futures products will be launched by the Dubai Gold & Commodities Exchange (DGCX) on 27 May.
Gazprom joins Nord Pool’s carbon market
Russian energy giant Gazprom has signed up to trade carbon products at Nord Pool, the power derivatives exchange.
Investor confidence in renewable energy still strong
Investor confidence in renewable energy companies is still strong despite the credit crunch, according to an online poll conducted by advisory firm Ernst & Young.
Oil and gas industry costs reach new highs
Costs of constructing new oil and gas upstream and downstream facilities have reached record highs, according to indices compiled by IHS/Cambridge Energy Research Associates (CERA).
Crude nears $126 as speculator debate continues
Crude oil closed at a new record high of $125.96 a barrel on the New York Mercantile Exchange (Nymex) today as market participants moved to rubbish Democratic concerns that speculators were influencing prices.
Nymex to Launch U.S. Carbon Allowance Contract
The New York Mercantile Exchange (Nymex) will introduce a U.S. Regional Greenhouse Gas Initiative (RGGI) carbon allowance futures contract, in the third quarter of 2008, pending regulatory review.
CantorCO2e launches VER initiative
Environmental broker CantorCO2e has launched a new venture, the Social Carbon Company, to provide advice and carbon management services to project developers in the Verified Emission Reduction (VER) market.
Crude surpasses $123 as Democrats blame speculators
Crude oil closed at a new record high of $123.53 a barrel on the New York Mercantile Exchange (Nymex).
Financial contracts to make June debut on DME
The Dubai Mercantile Exchange (DME) will launch two financially settled futures contracts for Brent and Oman crude oil for trade date June 2, adding to its existing physically delivered Oman futures benchmark contract.
Enel goes green in China
Italian utility Enel has signed two agreements in China, one to develop Chinese clean coal and carbon capture and storage projects, the other to purchase over 11 million certified emission reduction (CER) credits from green projects in the Chinese steel…
Crude posts new high as analysts eye $200/bbl
Crude oil closed at a new record high of $121.84 a barrel on the New York Mercantile Exchange (Nymex).
'Boom cycle' for US power prices
With input costs surging and demand growth currently outpacing supply additions in the US power market, analysts are expecting the space to tighten further. David Watkins reports
More than 50% of US companies unprepared for weather risk: report
Results of a survey carried out by CME Group, the world's largest derivatives exchange, and weather risk management originator Storm Exchange, have found that 51% of senior finance and risk managers concede that they are under prepared to cope with…
Swiss Re’s Conning to manage post 2012 fund
Conning Asset Management Limited, a fully-owned subsidiary of Swiss Re, has been appointed to manage a pioneering EUR 125 million post-2012 Carbon Credit Fund.