Regulation
ETG Capital opens energy hedge fund
Houston-based hedge fund firm ETG Capital Management has launched an energy fund.
Bush lays out climate agenda – without emissions trading
In a speech in Washington ahead of the G8 meeting in Germany next week, US President George Bush laid out an agenda for tackling climate change.
Nymex considers lawsuit against Optionable
The New York Mercantile Exchange (Nymex) may take legal action against Valhalla, NY-based brokerage firm Optionable, the exchange’s chief executive officer James Newsome announced this week.
Uncertainty mounts as Optionable falls
Aa bleak week for Optionable Inc, the New York-based energy brokerage behind the Bank of Montreal’s gas trading losses, has continued to get worse. Uncertainty is now growing over the brokerage's relationship with the New York Mercantile Exchange (Nymex).
Asian Development Bank launches carbon fund
The Asian Development Bank (ADB) has launched a fund to provide capital to buy carbon credits at the outset of clean energy projects, after commitments from participants exceeded the $80 million needed for launch.
CFTC demands Platts data
The US Commodity Futures Trading Commission (CFTC) has filed an application in Columbia District Court, seeking to enforce a subpoena for energy-related documents it served on publishing group McGraw-Hill. Part of an ongoing investigation into energy…
Société Générale
Oil and Products House of the Year
Merrill Lynch Commodities
Coal House of the Year
Commissioning change
Ferc chairman Joseph Kelliher talks with David Watkins about his views on the US energy markets, the Ferc's competition review and what needs doing next
Bank of Montreal reports heavy commodity trading losses
BMO Financial Group, formerly the Bank of Montreal, said today that it has incurred second-quarter mark-to-market commodity trading losses estimated at between C$350 million ($313 million) and C$450 million ($403 million), pre-tax.
Nymex to offer uranium futures contracts
The New York Mercantile Exchange (Nymex) has signed a 10 year agreement with Ux Consulting Company, a uranium pricing index and information provider, to introduce on and off-exchange traded uranium futures products. The contracts will be listed on the…
Better prospects
Russia offers better prospects for industry to develop and far more investment opportunities than is widely recognised, writes Pavel Ulianov of Russian metal giant Rusal
Exclusive – Gore calls for 2010 climate change treaty
Former US vice-president, Al Gore, today called for a new climate change treaty, which would bring the US and China on board, to come into force at the start of 2010
Leaders reach carbon agreement
Delegates at the G8+5 Climate Change Dialogue forum in Washington have agreed in principle to the setting up of a global cap-and-trade market for carbon emissions, similar to the EU Emissions Trading Scheme
Climate change: FSA warns of risk, predicts opportunities
The Financial Services Authority (FSA) has stated in its Financial Risk Outlook 2007 report that climate change poses “considerable risks and challenges to the financial sector”.
Compliance solutions
Compliance with regulations such as Sarbanes-Oxley and Mifid is putting an increasing burden on energy-trading firms. Roderick Bruce looks at ways of overcoming the latest regulatory hurdles
Credit Suisse and NECC forge partnership
Credit and clearing service provider North American Energy Credit and Clearing (NECC) has entered into a joint venture with investment bank Credit Suisse.
Support grows for Feinstein-Carper bill
The US utility sector has thrown its support behind an aggressive cap-and-trade plan that specifically targets the greenhouse gas emissions of electric utilities.