Market risk
Grabbing new business
Global exchanges are vying for a largerslice of the growing OTC market, just asincreasing US market regulation couldpush business towards regional exchanges.Catherine Lacoursière reports
The price isn’t right
Shifting European power marketstructures and fundamentalsmake price risk management formajor consumers a real challenge.Noreen Guy and Damien Coxexamine the most effectiveprocurement strategies
Energy Risk’s Asia Awards 2008
The emerging and often illiquid nature of some of Asia’s energy markets has made them a challenging environment in which to work during the credit crunch. Despite this, there are some impressive success stories. Our Asia Awards honour seven companies…
Nymex steeled for futures launch
New York Mercantile Exchange plans to launch index-based financially settled steel futures contracts early in the fourth quarter of 2008.
Looking over the counter-arguments
A UK government panel investigating the role of speculators in global crude oil markets has called for more transparency in the opaque over-the-counter (OTC) market, writes Roderick Bruce
Trading strategies - Walking a fine line
A worrying trend is emerging in the UK corporate world, with many companies adopting extremely risky strategies in a bid to reduce their exposure to energy price volatility, says Utilyx chief executive Chris Bowden
Profile: Constellation NewEnergy
Constellation NewEnergy has earned a reputation for effectively manoeuvring its clients through the highly volatile US electricity markets. Jayne Jung reports on the company's i2i online risk management programme
Profile: Dow Chemical - Chemical reaction
Dow Chemical, the largest commercial consumer of energy in the US, is trying to formulate a response to soaring annual energy costs of $32 billion, while meeting environmental targets. Roderick Bruce examines the company's energy strategies
The state of freight
With freight derivatives volumes at record highs, investor products are now being developed in the shipping derivatives market. Ryan Davidson looks at whether the market has matured sufficiently to attract investor interest
Mark Quartermain
The president of Shell Energy NorthAmerica and head of Shell EnergyTrading explains to Roderick Bruce whyhe has known since childhood that hewanted to work in oil
Statkraft signs €4.5 billion swap agreement
Energy company Statkraft has signed a €4.5 billion ($7.07 billion) deal with power and gas company E.ON that strengthens Statkraft’s position in the European renewable electricity market.
GFI expands in European Gas
Interdealer broker GFI has started broking Title Transfer Facility (TTF) on its EnergyMatch Europe electronic trading platform.
Oil hedging losses hit SemGroup
Tulsa, Oklahoma-based midstream oil company SemGroup has filed for bankruptcy following a $2.4 billon loss on its hedging program on the New York Mercantile Exchange (Nymex).
CME makes final improved offer for Nymex
CME Group has improved its takeover offer for New York Mercantile Exchange (Nymex) by $113 million.
CBOE launches crude oil volatility index
Chicago Board Options Exchange (CBOE) has launched the CBOE Crude Oil Volatility Index (OVX).
Borsa Italiana to launch power derivatives
Milan-based Borsa Italiana has signed an agreement with Italian power market regulator Gestore del Mercato Elettrico (GME) for commercial use of the national single price for electricity (prezzo unico nazionale – PUN).
ICE and NGX expand physical natural gas clearing
IntercontinentalExchange (ICE) and Calgary-based Natural Gas Exchange (NGX) are to provide deal entry capability to energy brokers for physically cleared OTC natural gas contracts.
Technology Special Report
Welcome to Energy Risk’s 2008 Technology Special Report, which includes an informativeSystem Frontrunner section and the 2008 software Directory. This is a comprehensivelisting of companies that provide energy trading and risk management (ETRM)software…