Energy
Alternative investment products
Alternative investment products: Introduction
Playing on correlation
Alternative investment products: Commodity hybrids
Coal turns a corner
Asian coal-trading is still proving a tough nut to crack. But the underlying market is developing, and a growing need for better risk management suggests it is only a matter of time before a paper market takes off
Prepay agreements - The ten-year pitch
Standard & Poor's recently passed the $1 billion mark in terms of natural gas prepayment deals it has rated since 2003. Joe Marsh looks at how these work and why municipal utilities might want to consider them
Europe - An uncertain future
European natural gas demand is expected to rise in the next three decades. But, as Anouk Honore finds, the overall picture is not easy to predict, and depends on what happens in individual countries - particularly Italy and Spain
Industrial users - Taming the flame
Industrial users of natural gas in North America are investing in physical hedges while gradually returning to the financial markets
Matthew Simmons
Few discussions of the world's future oil supply take place these days without reference to Matthew Simmons. He talks to Stella Farrington
To build or not to build
Europe needs more power. But a lack of clear pricing signals and the unknown impact of new environmental legislation is making risk forecasting difficult, and could hinder new plant construction
2005 in review
The energy markets were a dynamic place to be in 2005, with high volatility and an explosion of new players hitting the scene. Inevitably, though, it wasn't all smooth sailing. Energy Risk looks back over the highs and lows of 2005, from the launch of…
Pioneers
Today's vibrant and dynamic energy markets are a far cry from the illiquid, opaque trading that existed 25 years ago, yet they owe much to the visionary pioneers who started those early markets. Here, Energy Risk honours some of those early pioneers, as…
Options - A plan for all seasons
Selling natural gas options on a market that is adhering closely to a seasonal tendency can be a powerful strategy for an option seller, write James Cordier and Michael Gross
Pioneers Oil: David Hufton
Today it's almost impossible to imagine an energy world without a mature, liquid oil market at its heart. Yet the development of the world's biggest commodity market was not a natural inevitability - it took the hard work and tenacity of a small and…
What drives natural gas?
Natural gas prices in the US are at an all-time high. The Gulf Coast hurricanes and record summer heat have taken their toll, and business is feeling the effect. Studying and applying seasonality can often protect aganst the volatility of these markets,…