Refining
Video: Volatile energy prices will be the norm in 2020, says Phillips 66 risk manager
IMO 2020, volatility and shareholder activism will be major challenges next year, says Earl Burns
Maximising refinery profits using portfolio optimisation
Petroleum refining is a complicated, multi-dimensional task that involves many tricky operating decisions. In this article, Carlos Blanco and Christopher Mammarelli explain how a portfolio-based optimisation framework can maximise the profitability of a…
Italian refiner seeks boost from supply and trading unit
Italy’s Saras is taking advantage of a well-supplied crude market and the flexibility of its Sardinia refinery to seek out trading opportunities, but challenges loom in the form of onerous financial regulations and the structural difficulties of Europe’s…
Vitol veteran Preston joins energy brokerage
Cornerstone Global Commodities builds its new commodity financing business with addition of Vitol’s Africa business development head
Oil & Products House of the Year: BNP Paribas
BNP Paribas is holding the course in oil and refined products, as other banks abandon the commodities market
Energy Risk Manager of the Year: GDF Suez Trading
As banks retreat from commodity market, GDF Suez Trading is expanding its risk management business and broadening its geographic reach
No easy way to hedge Bakken crude oil, say energy firms
Despite surging production in the Bakken shale region in North Dakota and Montana, trading remains fragmented and the market has yet to coalesce around one pricing point for crude oil production, making hedging difficult
Barclays enters supply-and-offtake deal with US refinery
Barclays clinches deal with Hawaii refinery as US Federal Reserve scrutinises physical commodity trading by banks
Energy Risk Glossary 2013
The Energy Risk Glossary: the most comprehensive reference source for anyone involved in the global energy markets
Exchanges plan futures in response to RIN price surge
CME Group and Ice plan to roll out futures based on biofuel Renewable Identification Numbers
Asian refinery activity boosts oil derivatives trading
The growing market clout of refiners in Asia is giving the region a healthy boost in trading activity for derivatives linked to oil and other refined products. With local refining capacity set to grow, the trend looks likely to continue – a development…
Energy Risk interview: Bharat Petroleum's hedging programme
RK Mehra, executive director (international trade) at Bharat Petroleum Corporation Limited, talks to Jay Maroo about his company’s commodity hedging programme, corporate hedging in India and the likely effect of any regulatory changes
Analysts still sceptical of Delta Air Lines refinery acquisition
This week, Delta Air Lines confirmed rumours that it was purchasing a refinery on the US east coast, a first-of-its-kind transaction. As details of the deal have emerged, some observers have warmed up to the idea that Delta can better manage its fuel…
Refiners step up hedging activity
Refineries in Europe have stepped up their hedging activity in recent months as they take advantage of a recovery in margins, market participants say
Aramco Trading advances towards launch
More demand for trading systems from Middle East expected as Aramco Trading selects ETRM system
Energy Risk Glossary 2011
The Energy Risk Glossary: the most comprehensive reference source for anyone involved in the global energy markets