Energy
Note to Brussels: energy firms are not banks
The Mifid II push to impose capital requirements on commodities firms rests on faulty logic
Winds of change will continue to roar for energy markets
Ten years ago, economists were sanguine amid the ‘great moderation' and the energy industry was fretting about peaking worldwide oil supplies. There is no predicting the future, writes energy market veteran Vincent Kaminski, but it is sure to be a leap…
Internal transfer price optimisation for integrated energy firms
By selecting appropriate levels for the internal transfer prices of commodities and risk, an energy company can influence the alignment of its overall risk-return profile with its strategic objectives. Here, Henrik Specht, Sergey Zykov, Tilman Huhne and…
US propane retailer hedges to offer customers stable prices
Keeping Michigan residents warm for a reasonable price is the central mission of Grand Rapids-based propane and fuels retailer Crystal Flash. But it couldn't be done without hedging and prudent risk management
Market participants worry for European energy liquidity
Banks, energy firms and regulators expressed concern about the impact of regulation on EU energy market liquidity at Energy Risk Summit Europe on June 24 and 25
Highlights from Energy Risk Summit Europe 2015
Exclusive coverage of the annual congress for energy traders and risk managers, held on June 24-25 in London
Energy Risk Asia Awards open for submissions
The Energy Risk Asia Awards recognise excellence across the Asian energy and commodity markets
Energy Risk awards 2015: The winners
Citi, Qantas Airways and Mexico's Ministry of Finance and Public Credit are among the organisations honoured in the 2015 Energy Risk awards
Exchange of the year: APX
Exchange has responded well to the evolving European power market and changes in the products demanded by its members
Energy finance house of the year: SG CIB
The French bank has executed innovative deals involving a broad range of commodities, countries and projects
New CEO Mausbeck oversees shake-up at Danske Commodities
Dirk Mausbeck, the new chief executive of Danske Commodities, is striving to bring the Denmark-based trading house back into top form after a turbulent year
Energy scarcity warrants tough response to market abuse
Market manipulation is a problem that is controversial and tricky to define, but it must be taken seriously. That is particularly true in energy markets, where the optimal allocation of resources is more important than ever, argues industry veteran…
BNP Paribas's Flax calm about impact of regulation
Regulation is making life more difficult for bank commodity desks, but Catherine Flax, BNP Paribas's head of commodity derivatives for the Americas, is keeping a cool head
CFTC sent special calls by mistake, Giancarlo says
Hundreds of special call letters were sent to end-users of over-the-counter derivatives in error, CFTC commissioner Chris Giancarlo says
Energy Risk Awards 2015 now open for entries
Awards recognise excellence across global commodities market
Citi buys Credit Suisse commodity trading books
Citi has entered into a transaction to take on most of Credit Suisse's energy and metals positions, following the Swiss bank's exit from commodities and similar deals with Deutsche Bank earlier this year
Actively managing risk culture in energy firms: part two
Cultural failings have played a critical role in many well-publicised energy risk management failures, but risk culture is challenging to monitor and assess. In the second part of this series, Carlos Blanco, Jean Hinrichs and Robert Mark propose a…
Knowing your territory is vital for energy firms
Energy firms must operate in many different countries, with a variety of legal systems and cultural traditions. Strong knowledge of these areas is crucial if companies are to avoid being ensnared in a legal and regulatory minefield, writes Vincent…
EU regulation and renewables seen as big energy risks
Senior risk managers chart biggest concerns for energy companies during panel at Energy Risk Summit Europe, but not everybody agrees the lists are useful
Mifid II doomsday awaits energy firms, conference told
Speaking at Energy Risk Summit Europe, compliance officer at Shell International Trading & Shipping warns of “serious threat” posed to energy traders by Mifid II
Energy Risk Asia Awards 2014
The Energy Risk Asia Awards celebrate excellence across the Asian commodity and energy markets. We present the winners
Marex Spectron global head of energy departs
Marex Spectron picks Jeremy Elliott and Hunter Baldwin to replace Gordon Bennett, its global head of energy, who has left the broker after 12 years
Technology special report
Derivatives trade reporting, CpML, and the increasing use of governance, risk and compliance software by utilities all feature in this exclusive special report by Energy Risk
Energy Risk 20-year rankings
Since 1994, Energy Risk has ranked the top dealers and brokers in commodity markets in conjunction with sister publication Risk. Here, we present the industry’s top-ranked firms for the past 20 years