Articles by Pauline McCallion
Recent US deals could power more M&A
Mergers and acquisition activity could be on the up in the US power market in spite of staid economic conditions. Pauline McCallion examines the outlook for M&A
“New price on risk” for Gulf of Mexico producers
Government and regulators are urged to act quickly to create a stable regulatory regime in the wake of the Macondo oil spill or risk stifling domestic production
Regulators kick off derivatives reform discussion
Market participants call for clearing decisions to be left to market forces and caution regulators about clearing house ownership
Trading group fined $12 million for inflating oil price
CFTC fines ConAgra Trade Group for artificially pushing crude to $100 per barrel in January 2008, the year prices hit all-time peak of $147 per barrel
US intensifies efforts to develop clean coal, carbon capture
The US Department of Energy has announced further funding for clean coal technology R&D as part of plan to maintain a diversified energy portfolio
Shale boom to continue out to 2020
New technology means the cost of shale gas production is more favourable than natural gas
New tool targets FERC enforcement actions
Database created by former FERC enforcement director aims to create more transparency around notices
US puts Canadian pipeline decision on hold
The US Department of State has extended an inquiry into a major crude oil pipeline expansion that could transport 1.1 million barrels per day from Alberta, Canada, to refineries on the US Gulf Coast
Q&A: Dr James Markowsky, US Department of Energy
Clean slate for coal
US regulator prepares to run with derivatives reform
Derivatives reform in the US has kicked off a new era for the CFTC, which will see a significant expansion of its authority under the updated regulatory regime, as Pauline McCallion reports
Credit trends prompt energy data management rethink
A new awareness of the importance of monitoring credit risk alongside market risk has prompted a need for better risk aggregation within energy companies, according to experts
Industry disputes lack of RES support in US energy bill
The latest US Senate energy bill has been criticised for omitting a renewable energy standard (RES), which drafters felt would not attract the 60 votes needed to pass the bill
Strategies for a greener US power market
Taking a more uniform approach to certain aspects of power market development in the US could help build a stronger, greener generation portfolio. Pauline McCallion finds out more
Getting more control with bespoke technology
Playing a role in the development of a bespoke technology solution gives energy traders and risk managers more control over how they perform their daily duties, according to experts. Pauline McCallion finds out more
Interview: CCX’s Richard Sandor on carbon emissions
The Chicago Climate Exchange’s founder, Dr Richard Sandor – who played an instrumental role in the development of spot & futures markets under the US Acid Rain Program – speaks to Pauline McCallion about the similar role environmental markets can now…
Q&A: Blue Star Energy Solutions’ John Wengler on risk
BlueStar Energy Solutions’ chief risk officer, John Wengler, speaks to Pauline McCallion about managing energy risk in the US power markets
States press on with emissions scheme as US Senate shelves cap-and-trade
US congressional gridlock over a federal cap-and-trade scheme has left regional programmes to continue the development of a nationwide patchwork of strategies to reduce carbon emissions
CFTC to publish financial large-trader report
The US Commodity Futures Trading Commission (CFTC) on Thursday announced plans to boost transparency in the financial futures markets with the publication of a new report.
Legal experts identify end-user issues under new US act
As US regulators embark on redefining over-the-counter derivatives trading, energy end-users need to be aware of how they will be categorised and the potential impact on trading costs.
CFTC to rework position limits rule
CFTC Chairman confirms regulator will propose new rule on position limits as part of its expanded remit under financial legislation that could be enacted imminently by US President Obama
Dissatisfied with CAIR replacement, market calls for legislative fix
Proposals to replace the existing US SO2 and NOx emissions reduction schemes may not be enough to remove market uncertainty.
Knock-on effects of US drilling ban could be long-lasting
What longer-term implications could the moratorium on new drilling in the Gulf of Mexico have on production costs and supply amid uncertainty over new regulations asks Pauline McCallion
US power markets switch to nodal trading
Several North American power market system operators have switched to a nodal system in recent years in search of greater market transparency, more granular and accurate pricing and the ability to manage congestion more precisely. Pauline McCallion looks…
Risk managers debate at Energy Risk USA conference
Energy risk managers from across North America convened at Energy Risk’s annual US conference in May to discuss the many challenges currently facing the sector, including derivatives regulation and carbon market growth, as Pauline McCallion reports