Risk reporting
Newcomer of the year: Topaz Technology
Topaz Technology’s system unifies risk reporting and risk analytics tools for the commodities market
Energy markets face huge change under Mifid II
Many exemptions that commodity firms took for granted under the old Mifid framework will no longer exist when Mifid II and Mifir come in to force. Ellen Davis reports
Is Remit too big a burden for energy market participants?
Remit, the EU’s new energy trading regulation, sprung from political concerns about market abuse. The provisions will massively increase reporting requirements for energy producers. But do they go too far, and is the body charged with collecting market…
Energy experts eye Dodd-Frank tech benefits
Data reporting systems may be far from Dodd-Frank friendly in the energy sector, but experts say users are likely to benefit once they are up and running
Data governance under the regulatory microscope
As regulatory scrutiny becomes more intrusive and demanding, energy trading firms need to make sure their control, governance and compliance functions are up to scratch and that their data is properly managed, up-to-date and available. Rakesh Singh and…
Brokers establish own carbon trading risk tests
Carbon brokers establish their own checks for assessing counterparty risk, following European market authorities’ failure to react to a spate of carbon market fraud.
BP’s oil spill to double energy companies’ IT spend
The aftermath of BP’s Gulf of Mexico oil spill could double the amount energy companies will spend on information technology (IT) as they look to adhere to new regulatory requirements in offshore drilling pursuits
Statoil stung by hedging derivatives losses
Norwegian oil and gas giant Statoil's results are hit by major losses on hedging derivatives in spite of a rise in profits and production
More than 2,500 UK end-users at risk of fines over carbon rules
More than 2,500 UK end-users could be stung with a hefty fine from the UK government, as a substantial number of executives at the country’s top firms admit they are unaware of the mandatory CRC Energy Efficiency Scheme, reveals a new report
31% of oil and gas firms lack ETRM solutions
Nearly one third of all oil and gas companies are more susceptible to systemic risk, as a report reveals 31% of these firms lack an energy trading and risk management (ETRM) solution for their operations
Moody’s boosts Petronas rating on Iraq exposure
Rating agency gives a surprise boost to Malaysian oil company Petronas’s credit rating from negative to stable, despite the company’s substantial acquisition of an Iraqi oil field with Royal Dutch Shell
Moody’s warn of Spanish power sector downgrade
Rating agency warns that a surprise Spanish government review of wholesale electricity prices could lead to a downgrade of Spain's power companies