Market risk
Asia Oil & Natural Gas House of the Year: Citi
Citi has worked hard to rebuild its oil business and is one of very few banks that remain active in physical LNG
Asia Commodity Derivatives House of the Year: Deutsche Bank
Despite cutbacks in Europe and the US, Deutsche Bank’s Asia commodities franchise continues to impress
Asia Broker of the Year: BNP Paribas Commodity Futures
Strong links with trade finance group mean brokerage clients have access to impressive variety of services
Asia ETRM Software House of the Year: Aspect Enterprise Solutions
Aspect delivers its software in a way that significantly speeds up implementation and processing time
Asia Corporate Energy Risk Manager of the Year: Etihad Airways
A conservative yet flexible jet fuel hedging programme has proven successful for Etihad
Asia Deal of the Year: Goldman Sachs
Sydney-based Origin Energy was able to raise $500 million against non-core assets in two structured deals by Goldman Sachs
Asia Energy Finance House of the Year: SG CIB
SG CIB has been involved in a raft of eye-catching energy finance deals across Asia during the past year
Energy Risk Asia Awards 2013
The Energy Risk Asia Awards showcase excellence in commodity and energy markets across the region. We present the winners
Co-ordinating energy management and procurement
Advertisement feature: For businesses with flexible energy supply contracts featuring in-built Volume Tolerances, a co-ordinated approach to energy management and procurement should ensure energy savings are reflected on the bottom line.
Danske Commodities chief reflects on altered energy landscape
While Europe’s traditional energy firms have been suffering, Danske Commodities saw a 75% leap in profits for 2012. Chief executive Torben Nordal Clausen speaks to Gillian Carr
E.on trading arm makes changes at the top
Fontaine leaves BNP Paribas; GDF Suez hires Standard Bank coal head; Trafigura opens Moscow office; LME names new CEO; Morgan Stanley hires oil trader
Renewables expected to drive demand for weather derivatives
Weather risk management firms predict renewables and thinner energy market liquidity will drive growth
Commodity trading houses face questions over systemic risk
The rapid growth of commodity trading houses has led critics to question whether these firms have become a source of systemic risk. But trading houses strongly reject such arguments, and suggest they are little more than paper tigers. Alexander Osipovich…
Linn Energy SEC inquiry sparks hedge accounting debate
Linn Energy, once fêted as a leader in risk management, is under scrutiny by US regulators for its derivatives accounting practices – something that is casting a shadow over other master limited partnerships in the upstream oil and gas business, finds…
Oil producer hedging surges amid Middle East turmoil
Elevated WTI prices, pushed up by regional unrest, are creating opportunities for US oil producers to hedge
Real to set sights on renewables after acquisition by Munich Re
Purchase of RenRe Energy Advisors could lead to new weather hedging tools for renewable energy
EU ETS fix should focus on long term, argue market participants
Short-term fixes give rise to uncertainty, in contrast to long-term change needed to rescue the ETS, say firms
Room for improvement in Remit reporting, say power traders
Lack of renewables data means an increasingly vital part of the market is being excluded, say traders
npower encompass offers an integrated approach to risk and energy management
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Head oil trader leaves Barclays
Senior energy trader exits JP Morgan; New Morgan Stanley gas origination team; Giancarlo nominated for CFTC role; Costantino joins Cargill; Noble nabs Shell power trader
Cutting edge: Impact of execution behaviour on valuation of optional financial contracts
Expected payoff maximisation is a commonly assumed strategy in valuation. S Hossein Hosseini, Qiaoyan Bian, Jay Chen and John Jiang suggest that execution strategies may vary due to complex option structures and their resulting uncertainties. Using a…
The furore over physical commodity trading
Despite the agitation over their role, there are valid reasons why banks are involved in physical commodities
Commodity hedgers alarmed by CFTC margin proposals
Margin rules proposed after the collapse of MF Global could dramatically raise the cost of hedging, complain market participants
Banks’ physical commodity trading comes under scrutiny
Amid a review of a 2003 determination by the Federal Reserve, the involvement of US banks in physical commodities has come under fire from regulators, politicians and the media. Could they really be forced to exit physical trading? Alexander Osipovich…