Policy risk
Uncertainty over future of UK nuclear regulation
Policy framework clarity for the UK’s energy sector, particularly nuclear energy, has become a source of worry for producers concerned about long-term investment risks. By Alex Davis
Regulation, liquidity and risk management strategies
US derivatives regulation is likely to have far-reaching consequences for energy companies, but how will it affect the liquidity risk management strategies developed in the wake of collateral management events of the past decade? Pauline McCallion reports
Time running out for UK energy supply security
Energy policy framework clarity is absolutely crucial to the future of investment in the UK energy sector, industry tells Minister for Energy
Uncertainties over Europe's long-term gas supplies
Major exploration and infrastructure projects designed to ensure security of supply of natural gas to Europe have been delayed by political wrangling and investment uncertainty in recent years. If gas demand recovers from the impacts of the recession,…
Experts doubt impact from environmental study on gas prices
The US EPA continues hydraulic fracturing investigation but experts predict negligible effect on near-term natural gas prices
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
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
Relations with Beijing to impact Taiwan emissions trading plans
Taiwan's plans for a cap-and-trade carbon trading system have potential but relations with China will impact its progress, according to analysts
Confusion over misleading Indian power futures "ban"
Confusion surrounds the reported ban on Indian power futures trading as industry participants disagree on the nature of the measure
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
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…
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
“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.
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
China’s CDM trade threatened by uncertain carbon legislation
Investment in CDM carbon credits in China may slow because of the prolonged uncertainty over global climate change legislation, analysts say
Regulators kick off derivatives reform discussion
Market participants call for clearing decisions to be left to market forces and caution regulators about clearing house ownership
Trading group fined $12 million for inflating oil price
CFTC fines ConAgra Trade Group for artificially pushing crude to $100 per barrel in January 2008, the year prices hit all-time peak of $147 per barrel
IEA: BP’s oil spill threatens future supply
The International Energy Agency (IEA) expresses major concerns over future oil supply, as new regulations threaten to tighten deepwater drilling, following BP’s Gulf of Mexico oil spill
Turkey power market set for expansion
Disputes with Russia have prompted Turkey to strive for energy independence, and its government has fast-tracked the liberalisation of its power markets, but there is still a long way to go before Turkey can step up and compete with other liquid European…
Nigerian political stability boosts oil production
Nigeria’s crude oil production is on the up, after geopolitical stability hints at consistent growth, says the NNPC
New tool targets FERC enforcement actions
Database created by former FERC enforcement director aims to create more transparency around notices