Price risk
Mining companies vulnerable on lack of hedging programmes
A substantial number of mining companies refuse to have a hedging programme, leaving them vulnerable to a possible sharp drop in prices
Legal experts identify end-user issues under new US act
As US regulators embark on redefining over-the-counter derivatives trading, energy end-users need to be aware of how they will be categorised and the potential impact on trading costs.
Moody’s warn of Spanish power sector downgrade
Rating agency warns that a surprise Spanish government review of wholesale electricity prices could lead to a downgrade of Spain's power companies
New contract capitalises on Canadian heavy crude growth
A Canadian heavy crude oil contract launched this week will help oil market participants to exploit expected production growth in heavy crude from Canadian oil sands
CFTC and Ferc continue turf war over transmission rights
Wholesale electricity market participants yesterday called for an exemption for energy end-users from legislation that could see the Commodity Futures Trading Commission (CFTC) increase its jurisdictional powers over the sector.