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Market risk

Spark-spread option valuation

In this next article of the Masterclass series, Lacima Group focus on power trading and detail how industry practitioners typically value the flexibility of generation assets as real options while taking operating constraints into account

Daniel Yergin

Dr Daniel Yergin, Pulitzer Prize-winning author of The Prize and chairman of Cambridge Energy Research Associates (CERA), discusses changes in the energy markets over the past 15 years with Pauline McCallion

Bridging the gap

Asia's regional commodity exchanges are expanding but the emergence of an Asian exchange champion to challenge Western platforms looks a long way off. Georgina Lee reports

Russia and the EU Gas Market

Russia is the world's largest exporter of natural gas and holds the largest reserves. With Europe increasingly dependent on Russia for future gas supplies, Eric Fishhaut of GlobaView looks at Russia's influence over gas supply and demand

It’s all relative

Funds based on relativevalue arbitrage strategies have performed better than most. By Richard Jackson

The shape of shipping

The dry-bulk freight market staged a short rebound early this year following September's dramatic crash, but prices and volumes have since dropped. Katie Holliday talks to FFA market participants about their expectations for the market from here

Time to celebrate

Discover the leading lights in the global energy trading and risk management industry as we reveal the winners of the 2009 Energy Risk Awards

Forging an index

Efforts by BHP Billiton to create an iron ore index appear to be floundering as Chinese steel producers press hard for pricing advantage. Kathleen Kearney reports

Macquarie to acquire Canadian energy firm

Macquarie Group has announced a C$116 million agreement to acquire Tristone Capital Global, a Canadian energy advisory firm, and create an integrated energy platform offering advisory, capital markets, research and trading expertise.

Singapore and Indian commodity exchanges unite

The Singapore Commodity Exchange Limited (SICOM) and the National Commodity & Derivatives Exchange Limited (NCDEX) based in India have signed a heads of terms agreement that will allow certain products to be traded and cleared in both exchanges.

New LNG reporting tool launched

A new daily gas flow and LNG vessel movement reporting service for energy traders and analysts has been launched by shipping information specialists Lloyd's Register-Fairplay and energy trading software company Innovez.

CME Group to launch cleared petroleum swaps

CME Group will launch a clearing service for eight new Nymex petroleum swap futures contracts on May 31.The contracts will be cleared through CME Clearport and are expected to appeal to both US and European airline industry for hedging and to the US…

Downturn changes oil & gas risk landscape

The oil & gas sector has been severely impacted by the global economic downturn, with new risks for the industry emerging that threaten the near-term survival and prospects of companies, according to a report from accounting firm Ernst & Young.

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