Operational risk
Energy firms demand more clarity on Dodd-Frank reforms
Energy companies say key definitions in recently adopted US financial legislation are too broad or need clarifying, and call for additional 'trader' classification
BNP Paribas reshuffles global equities and commodities derivatives business
French bank BNP Paribas has reshuffled its global equity and commodity derivatives (GECD) business units and says there are no job losses
EDHEC-Risk slams France on commodity derivatives regulation
Influential risk management and analytics business school, the EDHEC-Risk Institute, has criticised France for its hardline approach to commodity derivatives market regulation on lack of evidence
Lax TSO rules could increase power and gas VAT fraud
Relaxed registration rules for Transmission System Operators (TSOs) could increase VAT fraud in the power and gas over-the-counter (OTC) markets as exchanges tighten controls, say analysts
Light at the end of the US gas market tunnel
Low prices have so far failed to temper producers’ zeal for US natural gas, but change may be on the horizon. Pauline McCallion speaks to analysts about their natural gas price expectations for 2011
Russian / CIS exchanges to launch more derivatives contracts
Chiefs at Russia’s RTS Stock Exchange, the Ukrainian Exchange and Kazakhstan’s Regional Financial Centre (RFCA) reveal that they are looking into launching more exchange-traded funds (ETF), indexes and other derivatives contracts across commodities and…
Challenges ahead for Russian LNG
Russia looked at tapping into the lucrative LNG markets several years ago but times have changed. Lianna Brinded investigates if the country is still aiming to compete with other LNG players and how it is adapting to the changing gas market landscape
Rise in deals signals growing confidence in metals markets, say analysts
The number of global mining and metals deals is expected to soar as part of a trend that signals strong growth in the global metals market, according to analysts
France to tighten commodity derivatives regulation
France has warned the European Commission that it will tighten its commodities derivatives regulation to prevent the risk of big swings in commodities prices
Exelon expands into wind generation
Exelon could become one of largest US wind generators after an $860 million acquisition of John Deere Renewables, but wind advocates remain concerned about the sector's development without a national renewable energy standard
China’s coal dependency raises hedging costs for Europe
As China’s appetite for energy grows, analysts say the country’s lack of carbon emissions protocols or ability to use cleaner fuel will result in higher carbon emissions hedging costs for European companies
China CDMs plummet by 30% on legality risk
The number of approved Clean Development Mechanism (CDM) projects in China tumbles by 30% after investors voice concerns that the generated credits will not be legal under future emissions' regulation
Aviation bears brunt of fuel price gyrations and new rules
The price volatility seen in energy markets in recent years has had a big impact on the bottom line of many airlines, both in the form of higher prices as well as hedging losses. Pauline McCallion speaks to industry participants about the outlook for…
Turning points: Constellation Energy’s managing director, risk, Harald Ullrich
Constellation Energy’s managing director, risk, Harald Ullrich, talks to Pauline McCallion about lessons learnt from the financial crisis and what now lies in store for energy risk managers
Trading positions - September 2010
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Ecuador’s hydrocarbons reforms threaten production
Ecuador’s latest reforms for the hydrocarbons industry could stunt investment in the country and lower production levels. Alex Davis investigates
Tocom relaxes market rules to ease foreign trade
The Tokyo Commodity Exchange has eased rules for foreign commodity brokers wanting to trade on its platform in a move that is expected to boost volumes, Katie Holliday reports
Recent US deals could power more M&A
Mergers and acquisition activity could be on the up in the US power market in spite of staid economic conditions. Pauline McCallion examines the outlook for M&A
“New price on risk” for Gulf of Mexico producers
Government and regulators are urged to act quickly to create a stable regulatory regime in the wake of the Macondo oil spill or risk stifling domestic production
Brokers establish own carbon trading risk tests
Carbon brokers establish their own checks for assessing counterparty risk, following European market authorities’ failure to react to a spate of carbon market fraud.
Russia to benefit most from China's energy demand - report
Russia will benefit more than its competitors from China's growing energy appetite, says private investment bank Troika Dialog
New CME coal contracts signal maturing coal market
CME launches four swap futures and options contracts in a move that analysts say will boost the global coal market
UK carbon fraud measures could impact market
The UK authorities' decision to introduce a reverse charge mechanism on carbon credits from November could increase costs and push trading on to exchanges, say market participants