People
Amerex launches consulting service
Amerex Brokers, an over-the-counter energy broker and wholly-owned subsidiary of GFI Group, has formed a fee-based energy risk management and execution consulting division called Amerex Energy Consulting Services (AECS).
Waxman-Markey early action provisions criticized as unclear
Industry commentators have spoken out about the provisions for early adoption of carbon emission reduction strategies in the cap-and-trade legislation currently going through the US House of Representatives.
Essent Trading CEO resigns
Paymon Aliabadi, managing director and chief executive of Essent Trading, has resigned.
US climate legislation not vital for Copenhagen talks, says Obama advisor
An advisor to President Barack Obama and director of the New America Foundation's Climate Policy Program, Terry Tamminen, has said international progress on climate change does not depend on the US passing legislation first.
Steel industry looks to iron ore swaps
Steel producers remain sceptical of the benefits of hedging with futures contracts. Now interest in iron-ore derivatives could offer another way for steel players to hedge risk, finds Katie Holliday
Industry prepares for OTC regulation debate
The US Government has initiated what is set to be a lengthy and complex debate over proposals for the regulation of over-the-counter derivatives, finds Pauline McCallion
Ontario debates cap-and-trade scheme
Cap-and-trade legislation introduced this week by the Government of Ontario, Canada proposed a 6% cut in greenhouse gas (GHG) emissions from 1990 levels by 2014.
EGL opens UK office
EGL (Elektrizitäts-Gesellschaft Laufenburg), an asset-backed Swiss energy trading firm that forms part of supply company Axpo Group, is to open a London office under the name EGL UK.
Regulator expands energy panel to examine carbon trading
The Commodity Futures Trading Commission (CFTC) has appointed 11 members to a newly expanded panel established to prepare the government for carbon trading.
OTC Global Holdings announces new crude options brokerage
New York based interdealer broker, OTC Global Holdings (OTCGH), has launched a new crude options brokerage called Riviera Commodities.
Top executives leave RBS Sempra
Executive departures were planned and commodities remain core, according to statements from RBS and Sempra Energy
Sectoral CDM proposals spark debate
In the run up to key climate negotiations in Copenhagen in December the EU has surprised the carbon market with vehement backing of a redesigned CDM. Roderick Bruce investigates
Phoenix rises into green markets
Interdealer broker expands in to renewables and emissions markets to harness sector growth, and plans to act as a counterparty for RECs
Top executives leave RBS Sempra
RBS Sempra Commodities has confirmed that president Frank Gallipoli and CEO David Messer have left the company.
European utility CEOs aim for carbon-neutral power by 2050
Sixty European electricity company CEOs have handed over a declaration to EU energy commissioner Andris Piebalgs in which they pledge to supply carbon-neutral power by 2050.
Banks pull back from market-making
A lack of OTC market-making is causing concern about long-term liquidity in the energy markets. The future of market-making depends on the banking industry, reports Katie Holliday
Banks pull back from market-making
A lack of OTC market-making is causing concern about long-term liquidity in the energy markets. The future of market-making depends on the banking industry, reports Katie Holliday
Brokerage launches environmental arm
Phoenix Partners Group, an interdealer credit and equity derivatives broker, has launched an environmental brokerage service for the worldwide renewable energy and emissions markets.
Obama calls for economy-wide carbon cap
President Barack Obama has indicated that the administration will work with Congress on cap-and-trade legislation in an effort to increase US energy independence.
RWE restructures
RWE has announced plans to restructure its supply and distribution business in Germany and reorganise its ultra-high voltage grid as part of a €6.5 billion investment scheme.