Energy
Credit - Energising credit
Traditional credit instruments can be used to mitigate credit risk in the energy sector, despite the unique risk management challenges, says Chris Coovrey
A comeback for coal
With gas prices soaring, it seems inevitable that coal - the Cinderella of energy resources - is bound to return to the forefront. But how long will it last? asks Eric Fishnaut
Commodities Count 2006
The recent swell in energy market participants means the battle for dominance has never been fiercer, but the increased competition means ever-more sophisticated product offerings, finds Stella Farrington
Icecap completes first closing of its carbon portfolio
Icecap, the carbon emissions group, has today reached first closing of its carbon portfolio having raised aggregate commitments to buy 15 million tonnes of carbon credits from the Clean Development Mechanism and Joint Implementation markets.
Ice Futures to launch WTI contract
Ice Futures will launch a cash-settled West Texas Intermediate (WTI) light sweet crude oil futures contract on February 3. The contract will be automatically available to all users with access to Ice Futures oil contracts.
FPL/Constellation merger could be tip of iceberg
High gas prices look set to usher in a wave of fresh consolidation in the utility sector, as companies strive to save costs
Duke Energy to adopt Cinergy trading approach
Following the transfer of its energy derivatives portfolio to Barclays Capital, Duke Energy is targeting a lower-risk trading strategy pioneered by Cinergy, the company it is buying
What drives natural gas?
Natural gas prices in the US are at an all-time high. The Gulf Coast hurricanes and record summer heat have taken their toll, and business is feeling the effect. Studying and applying seasonality can often protect aganst the volatility of these markets,…
TFS hires ex-weather broker to emissions desk
Tradition Financial Services (TFS) has hired Frederique Leverett, formerly a weather derivatives broker, for its London-based emissions desk.
National Bank of Canada reunites heavy hitters for energy push
National Bank of Canada (NBC) has expanded its energy derivatives team in Calgary with three new managing directors, with the aim of attracting more utility and energy-consumer customers.
Papering over the cracks
High energy prices are forcing pulp-and-paper makers to take action against falling profits, yet most companies are still shying away from energy price hedging. But that situation may be slowly changing. Joe Marsh reports