Operational risk
globalCOAL and Icap settle dispute
globalCOAL and Icap Energy have settled the legal dispute between them on the use by Icap of price screens in NEWC coal swaps. Icap has formally agreed not to offer its clients electronic trading or indicative price services in NEWC or other globalCOAL…
Integrating energy data
Knowledge is power, and having the latest information on the marketplace is of paramount importance. Eric Fishhaut looks at why centralising information can have a big impact on tactical management and developing strategies
Taking stock of SOX
Sarbanes Oxley has wide-ranging implications for US power companies on how they use, and record their use of, market data, writes Sandy Fielden
A question of priority
The US Energy Policy Act of 2005 calls for a review of existing power dispatch methods. But replacing today's regional methods with a one-size-fits-all plan throws up many concerns, writes Richard McMahon
Joined-up risk assessment
The nature of risk is changing. Energy companies, well-skilled in managing market risk and operational risks, may now need to adopt a new stance towards risk management, write Rohit Bhapkar, Roland Rechtsteiner and John Stroughair
Exchanging futures
There's no doubt that Andy Gooch takes the helm at Nymex Europe Limited in interesting times. While NEL's trading floor is in danger of closure, arch rival IntercontinentalExchange's new WTI contract has gained significant volume
Special Report - Energy prices - Opening up the grid
Germany is set to move this year to an entry/exit system for access to its gas grids. But some in the market fear that unresolved issues could cause a bumpy start
GlobalCoal wins injunction against Icap
The Court of Appeal in London today awarded GlobalCoal an interim injunction against Icap Energy in a dispute over an alleged breach of GlobalCoal’s product licence agreement (PLA), pending trial. GlobalCoal may now seek damages.
Nymex's death knell to floor?
The New York Mercantile Exchange's decision to introduce side-by-side electronic and open-outcry trading heralds the beginning of the end for its floor trade, many market participants believe
March 2006 - EFET Survey - Could do better
Gas transmission access systems across Europe must be improved significantly before efficient trading can take place, say gas traders in a recent poll conducted by the European Federation of Energy Traders
Coping with setbacks
Most risk managers and employees in energy companies are familiar with the concepts of market risk and credit risk, but operational risk is receiving more attention in corporate boardrooms these days, writes Sandy Fielden
March 2006 - LNG moves offshore
Offshore LNG terminals not only circumvent environmental objections, they give suppliers global arbitrage opportunities. But are they economical, asks Catherine Lacoursiere
The chain gang
Supply chain management is becoming more important within energy companies, making liaising between the supply chain manager and the risk manager essential in order to avoid compromising operational risk, writes Raees Lakhani
LNG moves offshore
Offshore LNG terminals not only circumvent environmental objections, they give suppliers global arbitrage opportunities. But are they economical, asks Catherine Lacoursiere
Leading the energy software revolution
The ETRM software industry is enjoying a long-awaited boom, meaning exciting developments are in store for energy trading and risk management, writes Stella Farrington
Nymex’s side-by-side trading seen as deathknell to floor
The New York Mercantile Exchange (Nymex) will introduce side-by-side electronic and open-outcry trading in its physically settled energy futures contracts in the second quarter of 2006.
The advantage of ASPs
Web-based energy-trading solutions offer certain advantages over server-based systems, says Thurstan Bannister. In a later issue, we will publish an article setting out the benefits of server-based software
Deriving storage value
Following an article Energy Risk published in July, TransCanada's Farzan Nathoo looks at how companies can extract value from their natural gas storage assets