Energy Risk
Commodity investor sentiment positive, BarCap survey reveals
Barclays Capital’s fifth annual commodities investor survey reveals positive sentiment towards commodity investing.
SGX steps ups offering to compete with SMX
The Singapore Exchange (SGX) will introduce a fresh range of commodity products in the first quarter of 2010.
Mexico hedges oil price at $57 in 2010
The government of Mexico has hedged much of its 2010 oil exports at $57 per barrel following the successful completion of its 2009 hedging programme, which generated gross revenues of $5 billion.
EPA issues GHG endangerment finding
In a move that could foreshadow regulation of US businesses that emit greenhouse gases (GHGs), the US Environmental Protection Agency (EPA) announced yesterday that GHGs threaten the public health and welfare of the American people.
Interview: Bank of America Merrill Lynch
Since the Bank of America takeover in September of last year, the commodities business of Merrill Lynch has been forging ahead with plans it had in place before the interruption of the financial crisis. Rachel Morison talks to co-heads of global…
Australia – renewables policy
As government support for renewables grows globally, Andrew Petersen and Eros Artuso of PwC look at Australia’s latest initiative and compare it with other schemes worldwide
Standardised US coal contracts could boost liquidity
A drive to standardise OTC contracts in the US coal trading sector could boost liquidity in a market hit hard by recent unfavourable supply and demand fundamentals. Pauline McCallion reports
US cap-and-trade offsets clouded by uncertainty
As US firms await climate change legislation, it looks inevitable that heavy emitters will need to invest in carbon offset projects – some of them overseas – in order to meet targets. However, the outlook for offsets is clouded by regulatory uncertainty…
UK energy policy: time for change?
UK energy policy could be set for a shake-up next year, with a change of government looking likely, and security of supply and green issues at the fore, writes Lawrence Haar
Lessons learnt in 2009
For risk managers, 2009 was about dealing with the aftermath of the financial crisis, revisiting models and putting greater emphasis on liquidity and cashflow risk. Katie Holliday talks to experts about the major lessons learnt this year
Copenhagen: Derailed by hot air?
There is a skeleton in the Kyoto Protocol’s closet, and it has the potential to spook the Copenhagen talks, says Andreas Arvanitakis of Point Carbon
Cutting edge: Modelling the correlation function in the crude-oil futures market
Energy market participants often require the computation of coefficients of correlation in a multi-asset portfolio. Addressing crude oil futures contracts, Ehud Ronn proposes and implements a simple procedure to reduce the cross-maturity correlations in…
Profile: Brett Humphreys
In the last interview in the Profile series celebrating Energy Risk’s 15th anniversary, Brett Humphreys talks to Rachel Morison about how risk management has evolved
Energy Risk Environmental Rankings 2009
Energy Risk carried out its second annual Environmental Rankings survey this year in which respondents voted for their preferred players in emissions & renewables markets. Katie Holliday analyses the results and talks to market participants about their…
Oil ETF/commodities indexes
Investment in oil-based commodities indexes and ETFs has grown this year, but how will potential regulatory changes impact their development? Katie Holliday looks at what products are being offered and to what extent regulatory uncertainty is impacting…
Oil project economics
As oil companies look beyond current concerns over credit and costs, Pauline McCallion finds out how project economics are changing future plans
Oil price outlook 2010
Oil prices – which have been rangebound between $65–75 per barrel for most of the second half of the year, averaging just under $61/bbl for 2009 – are forecast to average more than $15 higher next year on expectations of a steady recovery in the global…
Carbon experts forecast global trading agreement by mid-2011
The outlook for the COP-15 in Copenhagen this year has been buoyed by reduction target pledges by the US and China, despite almost unanimous agreement from experts that a legally binding treaty is unlikely to be concretised. Katie Holliday and Pauline…
January launch for UK power market N2EX
The launch of the UK’s first liquid forward market, N2EX, aims to harness liquidity from the rest of Europe and allow smaller traders to more easily participate. Rachel Morison reports
Trading positions
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets