Market risk
Matthew Simmons: Oil markets face ‘Pearl Harbour’
The oil market is facing its own ‘Pearl Harbour’, as a number of factors, ranging from supply tightness, operational disasters such as the BP’s Gulf of Mexico oil spill, ageing refining capabilities and a diminishing oil sector workforce push the sector…
More research needed on price impact of CO2 on power: expert
Power risk managers may face previously unforeseen cost challenges in the next few years, as not enough research has been done to quantify the marginal effects carbon dioxide (CO2) emissions prices will have on the electricity generation sector, says…
Gazprom sees huge potential in Asian gas
Gazprom Marketing & Trading expands into Asia with the opening of its Singapore shipping unit
Shell Energy chief: US financial reform bill could dislocate energy prices
The newly approved US financial reform bill will have unintended consequences, which include a dislocation between supply/demand fundamentals and energy prices in the longer term, says Mark Quartermain, president of Shell Energy North America (US)
US financial overhaul, BP oil spill, augur huge changes for energy markets: Vincent Kaminski
The energy markets still face an unprecedented level of regulatory risk over the next year, as impending changes to the US financial system loom, while at the same time, BP’s Gulf of Mexico oil spill has presented major operational risk factors for the…
FERC inquiry to tackle price distortions
The US Federal Energy Regulatory Commission (FERC) has launched an inquiry into spot market price caps in the Western Electricity Coordinating Council (WECC)
Oil sands supply weighs on WTI prices
Canadian oil sands could become the top source of US crude oil imports this year, according to a report published on Wednesday (May 19), raising concerns that oversupply of US crude will continue to weigh on prices
“Questionable” CERs add to post-2012 uncertainty
Carbon experts warn that HFC-based carbon offset credits could lose value in third phase of EU ETS
E.ON Energy Trading enters US natural gas market
German power and gas company E.ON begins drive to expand presence in US gas market.
Kyoto suspension will disadvantage Bulgarian compliance companies
Bulgaria's emissions trading suspension set to impact companies trading on EU ETS
First container derivatives trade could herald booming new market
Container derivatives launched by Clarkson Securities Limited signifies potential for new market, say experts.
Carbon trading to be highly regulated under Senate energy bill
US senators have published a climate change bill establishing a cap-and-trade system for power plants and industrials that permits only exchange-traded and cleared transactions.
New SocGen commodities strategy expected by year-end
Société Générale plans to have fully integrated a new power and gas trading strategy by the end of 2010 after announcing the sale of its 49% stake in the 10-year Gaselys partnership with GDF Suez yesterday.
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets with a special look at energy credit.
IEA cuts global oil demand for 2009 and 2010
The International Energy Agency (IEA) slashes global oil demand for 2009 and 2010, following questions over the health of the global economy, weaker-than-expected data from Asia and the Middle East, and repercussions from the volcanic ash cloud and the…
Iraq seals oil deal with Kurdistan
The Iraqi government has resolved the longstanding oil dispute with Kurdistan, signalling a short-term increase in oil exports, while the prospect for a petroleum law, which would detail revenue and expense allocations for foreign energy companies in…
Duke Energy refuses to disclose cap-and-trade lobby spend
Shareholders have failed to force Duke Energy to detail its lobbying spend in support of the US Government’s carbon cap-and-trade plan.
Corporate statement: New technology is changing the way companies manage ETRM software
Pioneer Solutions’ president, Uday Baral, discusses how the needs of ETRM users are being met by the dynamic and efficient service his company offers
Fraud crackdown will boost carbon market credibility, say experts
Market experts say Europe-wide crackdown on carbon trading fraud will strengthen market credibility and lead to tighter regulation
Choppy seas for shipping’s carbon scheme accord
The EU has pledged to include shipping in the EU ETS by the end of 2011 if a global scheme hasn’t been agreed on. Some shipping experts believe this could cause chaos, finds Alex Davis
Oil/gas price disconnect prompts calls to scrap index
The recent disconnect between oil and gas prices has once again raised the question of whether the practice of indexing gas to oil prices should be dropped, finds Alex Davis
Industrials to be granted OTC derivative exemptions
While the EC considers exempting non-financial energy users from clearing obligations, Katie Holliday speaks to industry experts about what impacts they think this move may have
Trading positions – May 2010
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
