Operational risk
Gateway to Europe
Turkey has ambitious plans to open its rapidly-growing gas market up to competition. Yesim Akcollu looks at how realistic these plans are
Richest US state hedges to dodge blackouts
The US state of Connecticut is rolling out an innovative method of power contracting which it hopes will alleviate some of the state's energy woes. If effective, the model could spread to other states, writes Elisa Wood
Gas storage parking lot full
More US natural gas storage is needed if price spikes are to be alleviated in the coming months experts believe, but construction interest is limited, finds David Watkins
globalCOAL settles with GFI in dispute over physical coal contract
Electronic trading platform globalCOAL has fended off another attempt by a major inter-dealer broker to use its products on their own screens, after reaching an agreement with GFI to prevent any use of its Standard Coal Trading Agreement (SCoTA) on its…
Head gas trader quits JPMorgan
The head natural gas trader for JPMorgan has resigned after being asked to leave the investment bank, sources close to the situation said Friday.
Urge to merge
The landscape for US commodity exchanges is undergoing considerable change, with many heavyweight names announcing mergers or new co-operations. David Watkins looks at what this will mean for energy trading
LogicaCMG’s Prodis chosen for Aldbrough gas storage facility
LogicaCMG, an IT services company, has secured a contract with Statoil and SSE Hornsea to provide its Prodis software to manage the commercial operations of the UK’s largest onshore gas storage facility, Aldbrough.
Gas pipeline sparks negative UK prices
UK gas prices fell to below zero last month, during the testing of a new pipeline. Now the pipeline is open, does more chaos ensue?
Western congestion
Despite huge strides to improve power transmission efficiency in California since 2001, the region is still flagged a 'critical congestion area' by the US Department of Energy. Neil O'Hara looks at the state of play
Future imperfect
Hedging physical deals with derivatives may be active risk management, but if the physical contract is breached, it can result in unnecessary losses. Andrew Meads looks at whether the innocent party can recover these losses
Platform for production
While a healthy flow of new oil is forecast to come on stream over the next few years, there's concern that projects will be held up by a lack of infrastructure, particularly rig availability and personnel, finds Roderick Bruce
Shifting sands
High oil prices and a lack of accessibility to reserves are reawakening oil majors' interest in Canada's oil sands. David Watkins looks at their potential and at the challenges involved in this capital-intensive mining operation
CME, CBOT to merge
The Chicago Mercantile Exchange is to merge with the Chicago Board of Trade in a move the exchanges say is “expected to transform global derivatives markets.”
DME reveals trading platform details
Energy futures exchange the Dubai Mercantile Exchange (DME), due to launch in the fourth quarter of this year, has unveiled details of its trading platform.
Hedge fund technologies
Energy markets continue to attract hedge funds - but, as recent high profile losses have shown, operating in them is challenging. Having the right trading and risk management IT is essential. Stewart Eisenhart reports
Risking it in Russia
When attempting to assess energy risk in Russia today, traditional methods of risk analysis are no longer sufficient; they mustbe accompanied by detailed political risk analysis, writes Robert Amsterdam
5% salary growth continues for energy risk execs
Salaries and total compensation for risk professionals at energy companies continued to grow at an average of 5% in 2005 over the previous year, according to the Professional Compensation Survey.
Crosstex Energy selects Quorum NGL marketing software
Crosstex Energy, a Dallas-based midstream natural gas company, has selected Quorum Liquids Marketing software from Quorum Business Solutions. The software will manage Crosstex’ commercial natural gas liquids (NGL) marketing activities.