Structured products
Barclays Capital launches US power index
Barclays Capital, the investment banking division of Barclays Bank PLC, has launched the first US national benchmark index for power prices.
GFI introduces Nymex CAPP
Inter-dealer broker GFI has introduced a Nymex look-alike Central Appalachian (CAPP) coal contract that can be cleared via Nymex Clearport.
Texas power spikes set tone for summer
Recent surges in US wholesale power prices are driving debate as to whether current spark spreads are large enough to encourage new build. David Watkins reports
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
Barclays launches carbon investor note
Barclays Bank has launched an exchange traded note offering investors exposure to the global carbon price.
globalCOAL futures set for September launch
Electronic coal marketplace provider globalCOAL will launch its financially settled Newcastle coal futures contracts on ICE Futures Europe on September 5.
Brown calls for oil market transparency; reveals investment plans
UK prime minister Gordon Brown has today called for increased transparency in the global oil markets, and revealed a series of international energy investment initiatives.
Business leaders make post-2012 carbon trading recommendations
A group of 91 chairmen and CEOs of major global businesses has presented recommendations for the post-2012 carbon reduction regime to replace the Kyoto Protocol.
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.
Rising costs hinder new power plant builds
Costs of building new power plants in North America have surged dramatically since 2000 and will continue to rise, the IHS CERA Power Capital Costs Index (PCCI) has revealed. According to the index, the costs have escalated by 130% since 2000 and…
Crude volatility evaporates OTC liquidity in May
Huge moves in the oil price in May has affected liquidity in the over-the-counter crude options markets as commercial traders struggled to take definitive views, say analysts.
DGCX to launch two new crude oil futures contracts
Two new crude oil futures products will be launched by the Dubai Gold & Commodities Exchange (DGCX) on 27 May.
Oil and gas industry costs reach new highs
Costs of constructing new oil and gas upstream and downstream facilities have reached record highs, according to indices compiled by IHS/Cambridge Energy Research Associates (CERA).
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).
Financial contracts to make June debut on DME
The Dubai Mercantile Exchange (DME) will launch two financially settled futures contracts for Brent and Oman crude oil for trade date June 2, adding to its existing physically delivered Oman futures benchmark contract.
Crude posts new high as analysts eye $200/bbl
Crude oil closed at a new record high of $121.84 a barrel on the New York Mercantile Exchange (Nymex).