Exchanges
Food for fuel
In part II of our investigation into the attraction of 'cleantech' investment, Catherine Lacoursière looks at the growth of biofuel plants, and asks: does the world have enough feedstock to power them?
Energen increases 2007 natural gas, liquids hedge
US-based Energen Corporation, owner of gas exploration and production company Energen Resources Corporation (ERC), has increased its natural gas and gas-to-liquids hedging position for 2007, the company announced.
Nymex in record IPO
The New York Mercantile Exchange (Nymex) has enjoyed a record-breaking stock market debut for its initial public offering.
Oman obtains 30% share in Dubai Mercantile Exchange
The Sultanate of Oman’s Ministry of Finance has reached an agreement to acquire a 30% equity stake in the Dubai Mercantile Exchange (DME), the Middle East’s first energy futures exchange.
Oman implements historic change to pricing of crude oil
In an historic move which could have wide-ranging implications for crude oil trading in Asia, Oman has announced it will price its crude on the settlement price of trading at the Dubai Mercantile Exchange (DME).
LogicaCMG’s Prodis chosen for Aldbrough gas storage facility
LogicaCMG, an IT services company, has secured a contract with Statoil and SSE Hornsea to provide its Prodis software to manage the commercial operations of the UK’s largest onshore gas storage facility, Aldbrough.
Western congestion
Despite huge strides to improve power transmission efficiency in California since 2001, the region is still flagged a 'critical congestion area' by the US Department of Energy. Neil O'Hara looks at the state of play
CME, CBOT to merge
The Chicago Mercantile Exchange is to merge with the Chicago Board of Trade in a move the exchanges say is “expected to transform global derivatives markets.”
DME reveals trading platform details
Energy futures exchange the Dubai Mercantile Exchange (DME), due to launch in the fourth quarter of this year, has unveiled details of its trading platform.
Surveying risk management
How is risk management viewed in your company? Are there risks you would like to measure but don''t? Which methodologies are most commonly used? What should the discipline tackle next? Our latest survey reveals all
ECX and Ice Futures to launch emissions options
The European Climate Exchange (ECX) and Ice Futures will launch the Ice Futures ECX CFI Options Contract (ECX CFI Option) on Friday 13 October, subject to regulatory approval.
SGX AsiaClear to offer clearing on partials
The Singapore Exchange (SGX) has announced that SGX AsiaClear will offer the clearing of OTC balance-of-month fuel oil 180cst and 380cst swaps from September 4.
DME partners with Emirates National Oil Co. to develop jet fuel futures
The Dubai Mercantile Exchange (DME) and Emirates National Oil Company (Enoc) subsidiary Enoc Supply & Trading LLC today announced the signing of a Memorandum of Understanding (MoU) to explore the development of the first exchange-traded jet fuel futures…
Energy hedge fund bulls still running despite MotherRock collapse
The sudden collapse of energy hedge fund MotherRock last month surprised the market. But market participants say that despite this blip, the commodities story is still proving attractive to hedge fund investors