Regulation
Constellation's ratings hit bodes ill for merchant energy players
Constellation Energy's excessive exposure to liquidity risk has contributed to a significant credit ratings downgrade for the firm, finds Jayne Jung
A path for renewables
Renewable energy needs to become a bigger part of the US energy mix, but there are still a number of hurdles to clear, explains Richard McMahon of the Edison Electric Institute
Evolution launches catastrophe derivatives division
Environmental brokerage firm Evolution Markets has introduced a brokerage and transaction service to focus on the catastrophe derivatives market.
Carbon market associations join forces
A merger between the Carbon Markets Association (CMA) and International Carbon Investors (ICI) has brought together sixty banks, law firms and service providers that work within the carbon market, including Barclays Capital, JP Morgan and RBS Sempra.
Looking over the counter-arguments
A UK government panel investigating the role of speculators in global crude oil markets has called for more transparency in the opaque over-the-counter (OTC) market, writes Roderick Bruce
Trading strategies - Walking a fine line
A worrying trend is emerging in the UK corporate world, with many companies adopting extremely risky strategies in a bid to reduce their exposure to energy price volatility, says Utilyx chief executive Chris Bowden
Oil hedging losses hit SemGroup
Tulsa, Oklahoma-based midstream oil company SemGroup has filed for bankruptcy following a $2.4 billon loss on its hedging program on the New York Mercantile Exchange (Nymex).
ICE cool about further regulation
ICE Futures chairman Bob Reid said today he was “relaxed” about the CFTC regulation of ICE Futures Europe.
Singapore announces commodities exchange
Trading technology company Financial Technologies Group is to launch a Singapore-based commodities exchange, it has announced.
Singapore announces commodities exchange
Trading technology company Financial Technologies Group is to launch a Singapore-based commodities exchange, it has announced.
Early trade slow at Canada's carbon exchange
The first Canadian carbon emissions exchange has opened for trading, but may struggle to find traction amid regulatory uncertainty, finds Katie Holliday
CFTC closes ‘London loophole’
The Commodity Futures Trading Commission (CFTC) has moved to impose US position limits and hedge exemption requirements on US customers trading WTI crude oil on London-based ICE Futures Europe.
Prices pose challenge for CFTC
The formation of the CFTC's new energy markets advisory committee (EMAC) has proven to be timely. David Watkins reports
Utilities seek new credit structures
As US utilities bail out of the auction market, they are turning to enhanced credit structures to refinance bond issues. Catherine Lacoursiere reports
CFTC seeks greater energy market transparency
The US Commodity Futures Trading Commission (CFTC) has launched a series of new initiatives with which it hopes to increase the transparency of the energy futures markets.
CFTC energy markets committee members announced
Members of the Commodity Futures Trading Commission’s new Energy Markets Advisory Committee (EMAC) have been named.
Crude nears $126 as speculator debate continues
Crude oil closed at a new record high of $125.96 a barrel on the New York Mercantile Exchange (Nymex) today as market participants moved to rubbish Democratic concerns that speculators were influencing prices.
Crude surpasses $123 as Democrats blame speculators
Crude oil closed at a new record high of $123.53 a barrel on the New York Mercantile Exchange (Nymex).
'Boom cycle' for US power prices
With input costs surging and demand growth currently outpacing supply additions in the US power market, analysts are expecting the space to tighten further. David Watkins reports
Traders charged in Nymex Illegal Trading Investigation
Former New York Mercantile Exchange (Nymex) director Steven Karvellas pleaded guilty to defrauding customers following a joint probe by New York prosecutors and the Commodity Futures Trading Commission (CFTC).
Market split over Green Exchange
The Green Exchange launched its crusade into the environmental trading markets last month, but it will have a battle on its hands to gain critical liquidity, writes Andrew Holt