Market risk
Assessing LNG market risk
Managing the risks of liquefied natural gas markets means being aware of market, credit, foreign exchange and systemic risk, writes Stephen Maloney. When correlations converge and with systemic risk ascending, agility might be the best strategy
Weather study finds that hedging improves firm value
Hedging programmes have a positive effect on a company’s share price and financial performance, according to a new academic study that examines the use of weather derivatives by US utilities
DME appoints Fix as chief executive
The Dubai Mercantile Exchange appoints new chief executive from BNP Paribas
Energy Risk Canada: Low crude prices won’t stop oil sands development, experts say
The prospects for long-term development of the Canadian oil sands remain good, presenters at Energy Risk Canada say, dismissing concern about the recent plunge in crude oil prices
Emission trading scheme in Rio suffers setback
Signing of decree by Rio de Janeiro governor is delayed – causing some to suspect lobbying efforts by those opposed to the scheme may have worked
Fallout from JP Morgan loss will hit energy markets: IEA
JP Morgan’s recent $2 billion trading loss could toughen a trio of Dodd-Frank Act rules, potentially hurting energy markets, the International Energy Agency says
Brent crude seen at $50/bbl by Q3 in worst-case scenario: Credit Suisse
Credit Suisse has released a research note today that highlights the potential for oil prices to fall to levels last seen during the 2008 crisis
Energy Risk USA 2012
The impact of Dodd-Frank, the future of natural gas markets and the risk of extreme weather were all topics of vigorous discussion at the 2012 Energy Risk USA conference. Alexander Osipovich reports
GDF Suez Trading opens Singapore office
GDF Suez Trading, a division of French utility GDF Suez, has opened a trading office in Singapore
Turning points: Labhart Risk Advisors’ Glenn Labhart
Labhart Risk Advisors’ Glenn Labhart talks to Gillian Carr about how trading and risk management functions have evolved over his career, and points to what needs to happen next
Will CFTC's new powers lead to more market manipulation cases?
US regulators have gained new powers to battle energy market manipulation, and the White House is pushing them to act more aggressively. Should traders be worried? Alexander Osipovich reports
Report urges boosting Ercot price cap, restructuring Texas power market
A report commissioned by the Electric Reliability Council of Texas (Ercot) has recommended that the state increase its maximum peak power price in order to spur investment in new generation capacity and lower the risk of blackouts
Applied risk management series
With accounting standard IFRS 9 due to replace IAS 39 by 2015, Carlos Blanco, Michael Pierce and José Ramón Aragonés explore the implications for energy hedging programmes with emphasis on hedge effectiveness tests and the use of optimal hedge ratios
Nordic power outlook
While it has traditionally been a large, stable and liquid power market, the Nordic region has begun initiating change as it prepares for a future with less trading activity from financial players, growing volatility due to renewables and increased…
Trading positions – June 2012
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Outlook for corporate hedging as banks pull back from energy markets
Will corporate hedgers suffer if more banks pull back from energy and commodities trading? Pauline McCallion examines the issue of dealer retrenchment from the market
Energy Risk Europe and US awards 2012
The past 18 months have certainly not been easy ones for energy market players.
Commodities Research House of the Year: BNP Paribas
This year’s Energy Risk’s Commodities Research House of the Year goes to the commodity market strategy team at BNP Paribas for its accurate, well-timed market analysis and the expansion of both the team and its coverage in the past 12 months
Best Newcomer of the Year: Woodlands Solutions
With the rollout of version 5.0 of its innovative and cost-effective Phoenix system in 2011, Woodlands Solutions really stepped up its game in the energy trading and risk management (ETRM) software space, competing with long-standing players and scooping…
Regulatory Advisory Firm of the Year: SunGard Global Services
SunGard Global Services wins our inaugural category of Regulatory Advisory Firm of the Year for its unique service model approach to trade monitoring and surveillance – processes regulators are becoming more insistent on
Consultancy Firm of the Year: Baringa Partners
Baringa Partners is the winner of Energy Risk’s Consultancy Firm of the Year award for its strong performance and growth in 2011
Data Management House of the Year: ZE PowerGroup
For increasing headcount by 40%, total annual sales by 35%, adding 13 clients and further developing its customer services offering over the past year, ZE PowerGroup (ZE) wins Energy Risk’s Data Management House of the Year for the fourth consecutive year
Technology House of the Year: TriOptima
TriOptima wins our Technology House of the Year award for its innovative triReduce and triResolve technologies, which have been gaining traction in the energy space over the past year