Operational risk
Exchange of the year: APX
Exchange has responded well to the evolving European power market and changes in the products demanded by its members
Energy finance house of the year: SG CIB
The French bank has executed innovative deals involving a broad range of commodities, countries and projects
Weather house of the year: Munich Re Trading
The weather derivatives specialist has won praise for its consistent, high-quality service
Emissions house of the year: CF Partners
Specialist knowledge of the carbon market is crucial to the London-based company's success
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
Oil & products house of the year: Citi
The US bank has assisted oil producers and airlines whiplashed by crashing prices
Risk manager of the year (utility): GDF Suez Trading
Internal and external clients have benefited from the utility’s risk management skills
Risk manager of the year (corporate): Qantas Airways
Smart risk management helped push Qantas back into the black in 2014
Risk manager of the year (sovereign): Mexico’s Ministry of Finance and Public Credit
Oil hedging stabilises Mexican state finances amid price crash
Derivatives house of the year: Citi
Bank wins with help of book purchases and willingness to take on trickier trades
Electricity house of the year: Citi
Bank continues to provide liquidity despite tough markets and extreme weather
Deal of the year: Citi
Citi acquired at least a dozen commodity books from rival dealers in 2014
Price reporting veteran set to leave Platts
Goldman makes top-level changes; APX CEO to step down; Citi hires JP Morgan risk head; Calpine hires Goldman’s Griggs; Neas adds in power and gas
Energy groups fight back on key Mifid II exemption
Energy industry groups are pushing for “sensibly higher thresholds” to prevent themselves from being subjected to financial rules under Mifid II
Massad says CFTC is willing to hear energy firms’ concerns
In an exclusive interview at Energy Risk Summit USA in May, CFTC chairman Timothy Massad chose to highlight the agency’s willingness to hear industry arguments on issues such as trade reporting, position limits and record-keeping
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
Citi acquires Texas power trading book from Barclays
US bank continues aggressive push into commodities by buying Barclays’ Texas power book, after similar purchases of trading books from Deutsche Bank and Credit Suisse last year
CFTC steps up enforcement of data reporting violations
The CFTC has recently been flexing its muscles to ensure firms comply with data reporting rules, handing out fines to companies such as Ice, JP Morgan and Marubeni. The moves are raising fears that energy companies and other end-users may be targeted next
Barclays ruling bolsters Ferc anti-manipulation drive
Ferc has won a key motion in a $470 million manipulation case against Barclays, which strengthens the regulator's hand in other enforcement actions
Energy scarcity warrants tough response to market abuse
Market manipulation is a problem that is controversial and tricky to define, but it must be taken seriously. That is particularly true in energy markets, where the optimal allocation of resources is more important than ever, argues industry veteran…
Highlights from Energy Risk Summit USA 2015
Exclusive coverage of the flagship congress for senior energy risk managers and traders
Kraft allegations raise concern among energy end-users
A CFTC complaint against the successor firms of Kraft Foods is a good indicator of how it might deal with end-users holding dominant positions in other markets, say panellists at Energy Risk Summit USA
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
Data doesn't support CFTC on position limits, Giancarlo says
Proponents of the CFTC's proposed Dodd-Frank position limits rule are ignoring "the reality of the data", Republican commissioner Chris Giancarlo says at Energy Risk Summit USA