Energy
DME reveals initial volumes
The Dubai Mercantile Exchange (DME) has revealed volumes from its first two trading days.
EDF Energy to cut CO2 emissions by up to 60%
UK utility EDF Energy, part of the EDF Group, has committed to reduce the carbon intensity of its electricity generation activities by 60% by 2020, in part by building new nuclear capacity.
Australia commits to emissions trading – ASX to launch futures
Following yesterday’s commitment by Australian Prime Minister John Howard to a domestic emissions trading scheme before 2012, the Australian Securities Exchange (ASX) plans to launch a carbon futures market.
Statoil selects Financial Objects’ energy credit risk solution
Norwegian oil & gas company Statoil is to implement Financial Objects’ energycredit solution worldwide. The solution will enable Statoil to manage credit risk across all of its energy trading operations. Installation began in April, and is expected to go…
EOn creates EOn Energy Trading; reveals investment strategy
German utility EOn has announced plans to align its trading and power generation businesses “on more European lines,” according to a company statement, “in order to seize earnings and growth opportunities created by the integration of Europe’s energy…
ICE acquires ChemConnect's commodity business
IntercontinentalExchange (ICE) has agreed to acquire ChemConnect’s commodity trading business. ChemConnect is an electronic marketplace for the $150billion US natural gas liquids (NGLs) and chemicals markets.
More cooperation likely in oil industry
The long term challenge to access and develop new oil reserves is likely to foster greater cooperation between the international majors and some national oil companies, says a report on the sector by Moody's Investors Service, a credit ratings agency.
The green question
Global carbon tradingPedro Moura-Costa, co founder of EcoSecurities, talks with Oliver Holtaway about his hopes for the future of emissions trading
All change for coal
Increased demand for coal, coupled with changes in its physical flows, have caused a surge in coal price volatility and exponential growth in derivatives trade, writes Guillaume Perret of Perret Associates
Conference calling
This year's Energy Risk USA conference broke the record attendance of last year with more than 330 delegates gathering in Houston to focus on the latest issues in energy risk management. The Energy Risk team brings you some highlights
An air of uncertainty
As gasoline prices soar, the creaking US refinery system is once more under fire. Although today's healthy margins should encourage new investment, unresolved issues of green regulation appear to be curbing this. David Watkins investigates
John Wengler
Entergy’s fun-loving chief risk officer talks to David Watkins about what led him into energy risk management
A cracked barrel?
Debate over the suitability of West Texas Intermediate as a benchmark crude resurfaces regularly, but recent price activity in the US oil contract – which influences the entire energy complex – is causing consternation. David Watkins reports
Islamic finance supplement - Sukuk: caveat emptor
Demand for Shariah-compliant investment opportunities is exploding, but is the global market for sukuk guilty of ignoring the risks? Philip Moore investigates
Back to basics: sukuk
We take you back to the credit basics to review everything you thought you already knew but were too afraid to ask ... In part 2 of our special Islamic finance back-to-basics, the chairman of Moody's Middle East co-ordination committee, Khalid Howladar,…
A healthy balance sheet?
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Testing the covenant
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