Risk management
Australian emissions trading scheme will stunt LNG growth says opposition
The Australian LNG industry has expressed concern about the effect the Rudd Government's Carbon Pollution Reduction Scheme (CPRS) will have on growth, following its proposed introduction in July 2011.
OTC Global Holdings pushes into agricultural products
Interdealer broker OTC Global Holdings (OTCGH) has announced the acquisition of two Chicago-based firms, Futures International and T&J Shuff Enterprises, specialising in agricultural futures and options contracts in corn, wheat, soybeans, soybean meal…
CFTC discusses detail of derivatives plan
Gary Gensler, the newly appointed chairman of the Commodity Futures Trading Commission (CFTC), today explained how the Government's plan to regulate OTC derivatives should be implemented.
US climate legislation not vital for Copenhagen talks, says Obama advisor
An advisor to President Barack Obama and director of the New America Foundation's Climate Policy Program, Terry Tamminen, has said international progress on climate change does not depend on the US passing legislation first.
OTC carbon volumes increase by over 80%
The London Energy Brokers' Association (LEBA) has announced that over-the-counter (OTC) carbon volumes have grown by 82% during the first five months of 2009, compared to the same period last year.
Macquarie to acquire Canadian energy firm
Macquarie Group has announced a C$116 million agreement to acquire Tristone Capital Global, a Canadian energy advisory firm, and create an integrated energy platform offering advisory, capital markets, research and trading expertise.
Singapore and Indian commodity exchanges unite
The Singapore Commodity Exchange Limited (SICOM) and the National Commodity & Derivatives Exchange Limited (NCDEX) based in India have signed a heads of terms agreement that will allow certain products to be traded and cleared in both exchanges.
House energy committee passes cap-and-trade bill
The Energy and Commerce Committee of the House of Representatives approved The American Clean Energy and Security Act by a vote of 33 to 25 yesterday.
DOE announces $2.4bn in CCS funding
US Energy Secretary Steven Chu has awarded $2.4 billion from the American Recovery and Reinvestment Act to the development of carbon capture and storage (CCS) technology.
US Treasury outlines OTC regulation plan
The Obama Administration has proposed a regulatory framework for all over-the-counter (OTC) derivatives contracts.
Rubber volumes fail to improve despite Tocom's extra trading hours
Rubber trading volumes have failed to be boosted by a revamped trading system launched this week on the Tokyo Commodity Exchange (Tocom).
Ex-SemGroup CEO denies trading strategy caused bankruptcy
Former SemGroup chief Tom Kivisto has criticized a court report that stated his speculative oil trading drove the company to bankruptcy.
Playing Russia’s game
Rachel Morison examines the current investor appetite for Russian oil E&P
Morgan Stanley named in FCStone saga
Morgan Stanley has revealed its role in the disposal of a loss-making energy trading account by FCStone in March 2009.
ICE launches 20 OTC cleared oil contracts
IntercontinentalExchange (ICE) has introduced 20 new cleared OTC oil contracts, which will be available for clearing from May 18, 2009.
The Last Contango
Oil prices have remained in the doldrums so far this year, but the market took a surprising turn as it slipped into a contango at the end of 2008 that has so far remained in place. Pauline McCallion examines its causes and speaks to analysts about their…
New York may up RGGI allowances
New York State may decide to allocate more allowances under the Regional Greenhouse Gas Initiative to ease the cost burden on compliance buyers, finds Pauline McCallion
CME acquires hurricane index
CME Group has acquired the Carvill Hurricane Index from Carvill America Inc. and renamed it the CME Hurricane Index.
Constellation completes sale of trading units
Constellation Energy this week completed the divestiture of its Houston-Based downstream natural gas and international coal and freight business units.