Natural gas
Report highlights decline in US gas price reporting
Fewer US energy firms are reporting gas trades to Platts and other index publishers, amid shifts in market structure and fears of regulatory risk
Mifid II adjustments fail to ease energy firms' worries
Energy firms such as utilities are fighting hard to avoid being regulated under Mifid II and having to comply with onerous EU financial rules. But despite last-minute changes to regulators’ proposed technical standards, the chances of escape appear slim
Trading calendar spread options on energy futures
This excerpt from the new CME Group white paper on calendar spread options (CSOs) explains what CSOs are and how they are used in crude oil and natural gas markets.
Market participants worry for European energy liquidity
Banks, energy firms and regulators expressed concern about the impact of regulation on EU energy market liquidity at Energy Risk Summit Europe on June 24 and 25
Remit breaches already being investigated by Acer
Acer was already investigating breaches of Remit, but needed more resources to carry out its role, said director Alberto Pototschnig, speaking at Energy Risk Summit Europe
European utilities face 'perfect storm', says Engie's Cirelli
Utility giants are already in deep trouble and urgently need to overhaul their business models, the former chief executive of Gaz de France told Energy Risk Summit Europe
Energy firms face Remit "nightmare", conference told
Companies may struggle to monitor trading data being sent to Acer on their behalf, said panellists at Energy Risk Summit Europe
Ask questions and avoid sure bets, energy traders told
David Port, CRO of E.on Global Commodities, called for traders to adopt a more disciplined approach at Energy Risk Summit Europe
OTCGH’s Loya sees value in unorthodox business model
Javier Loya, the head of OTC Global Holdings, speaks about his firm’s unorthodox business model, the virtues of competition and the “go-go days” of energy trading
Quant ideas: Do we need realistic models?
It is often assumed that realistic models are a prerequisite for successful risk management, but this is not necessarily true. While using any model blindly can be extremely dangerous, simple Black-Scholes or Ornstein-Uhlenbeck models are more than…
Research house of the year: Energy Aspects
A rapidly growing subscriber base and glowing client feedback have cemented Energy Aspects' reputation in the field of commodity market research
Broker of the year: Evolution Markets
The New York-based environmental broker has benefited from its expansion into traditional energy markets
Weather house of the year: Munich Re Trading
The weather derivatives specialist has won praise for its consistent, high-quality service
Natural gas house of the year: BNP Paribas
BNP Paribas saw an opportunity in natural gas amid the US shale boom and the withdrawal of other banks
Risk manager of the year (utility): GDF Suez Trading
Internal and external clients have benefited from the utility’s risk management skills
New CEO Mausbeck oversees shake-up at Danske Commodities
Dirk Mausbeck, the new chief executive of Danske Commodities, is striving to bring the Denmark-based trading house back into top form after a turbulent year
Highlights from Energy Risk Summit USA 2015
Exclusive coverage of the flagship congress for senior energy risk managers and traders
US energy firms lament liquidity 'void' after bank exits
The retreat of banks from commodities has caused liquidity to dry up, making it much tougher to hedge, say participants at Energy Risk Summit USA
Gazprom claims highlight stranglehold over European gas
An EC antitrust probe throws Gazprom's dominance in central and eastern Europe into sharp relief, but will do little to alleviate it
US shale boom poses challenge to Henry Hub benchmark
Henry Hub, the US natural gas benchmark, is being called a "broken proxy" as the shale revolution boosts production in the northeast US. But potential alternatives, such as Pennsylvania's Dominion South, will find it difficult to seize Henry's crown
Dealing with stressed contracts in the energy sector
The recent collapse of crude oil prices is inevitably putting many contracts in the energy sector under strain. Ashley Wright and Richard Steenhof of Norton Rose Fulbright explore the legal options available to energy companies that need to manage the…
Oil collapse fails to dent zeal for hub-based gas pricing
In recent years, European buyers of natural gas have pushed strongly in favour of contract pricing based on the continent's gas hubs, rather than more traditional formulas linked to the price of oil. Given the huge drop in crude prices, has this stance…
Oil indexation battle continues despite oil collapse
Europe’s utilities are still pushing for hub-based natural gas prices amid the recent collapse of crude oil
Rolling back the frontiers
Dr Igor Koprivnikar, member of energy trading and supply group Gen-i’s management board responsible for trading, talks exclusively to Energy Risk