Risk management
Bolstering the biofuels market
Named the number one biofuels broker in the 2017 Energy Risk Commodity Rankings for the fifth consecutive year, SCB sees changing dynamics from greenhouse gas emissions programmes
Political gaming casts energy further into age of disruption
With regulatory change in the air, market participants must be more aware of the situations those with legislative responsibility find themselves in
What lies beneath: attention lessons for risk managers
Allowing seemingly irrelevant problems to fester can lead to catastrophe. In many industries, particularly energy, risk managers should be better positioned to preempt disaster
Position vacant: unpicking energy’s hidden contract risks
Complex, long-term supply deals present job opportunity for risk managers
Quant Ideas: How VAR can add value to energy market analysis
Using traditional financial tools such as value-at-risk can improve market risk analysis in the energy sector
Quant Ideas: market-making, risk and information in commodities
Persistent low liquidity in commodity markets is the result of the fundamental interaction of high volatility and noisy data sets. This fact has profound implications for the theory and practice of risk management in commodity markets
Quant ideas: Strategic versus tactical risk management
Strategic or enterprise risk management has long been seen as something of a Holy Grail for risk managers. However, the susceptibility of enterprise risk tools to poor quality data means the whole effort is likely to be misguided, argues Krzysztof…
E&P firms reluctant to hedge in wake of oil collapse
Having undergone a severe decline since late 2014, the price of crude oil has fallen still further in the past few months. That has made US shale producers reluctant to hedge for fear of locking in rock-bottom prices
Pemex ramps up risk management amid energy reform
Mexico's energy reform is leading state-owned oil and gas giant Petróleos Mexicanos to boost its risk management activities and consider new strategies for commodity hedging
Energy traders must adapt or die, warns E.on risk head
Challenges such as regulation, declining volatility and renewables are making life tough for energy traders, says E.on Global Commodities CRO, but the industry will find solutions
Applied risk management series: Integrating stress tests with risk management
Stress testing is a vital part of successful risk management, but risk managers at energy trading firms frequently face obstacles in designing and implementing successful stress testing programmes. In this article, Carlos Blanco provides some advice on…
An exclusive look at Commodity Investing and Trading
A new book, Commodity Investing and Trading, is now on sale from Risk Books. Energy Risk provides an exclusive preview
Turning points: Brenda Boultwood
As Brenda Boultwood, the former chief risk officer of Constellation Energy, sets off in a new career direction, she tells Alexander Osipovich about managing risk through tough times
Energy firms rethink risk-capital allocation
Today’s capital-constrained environment is driving energy companies to review their approach to allocating the capital required to support risk exposures. David Stokes and Olly Spinks look at the challenges associated with risk-capital allocation and…
Doubts raised over US Department of Energy CRO proposal
An independent consultant hired by the White House to assess the US Department of Energy’s loan programmes in the wake of the Solyndra bankruptcy has advised the agency to hire a corporate-style chief risk officer and beef up its risk-management…
Energy players assess MF Global fallout
MF Global’s bankruptcy is unlikely to significantly impact commodity markets, participants say, but could affect the Dodd-Frank rule-making process
Special report: ETRM technology
Our special report for August is on the topic of energy trading and risk management (ETRM) software and technology.
Constellation's Boultwood talks ERM and stress testing
Brenda Boultwood of Constellation Energy talks about her approach to Enterprise Risk Management and stress testing
Enterprise risk management: John Wengler
Energy companies are only starting to discover the value of risk management skills and taking an enterprise-wide risk approach, says John Wengler
Turning points: Duke Energy’s CRO, Swati Daji
Nothing creates a good risk officer like challenging times, says Duke Energy’s CRO, Swati Daji. She talks to Pauline McCallion about managing risks through both the good and the bad
Valuing non-standard load profile products
Load profile products in the European OTC power markets are attracting increasing attention. However, valuations for these non-standard products can be difficult, as Cregor Janssen and Jan Lueddeke discuss
Collateral management: Firms face up to regulatory challenge
Collateral management has become an increasingly complex and vital component of credit risk management for the energy sector. With the EU considering reforming commodity derivative regulation, Alex Davis looks at the latest developments and examines…
Q&A: Kaha Kiknavelidze, managing partner at hedge fund Rioni Capital
With the oil & gas industry going through major changes from pricing to regulation, Lianna Brinded talks to Kaha Kiknavelidze of Rioni Capital about oil & gas opportunities