Energy Risk
DOE announces $2.4bn in CCS funding
US Energy Secretary Steven Chu has awarded $2.4 billion from the American Recovery and Reinvestment Act to the development of carbon capture and storage (CCS) technology.
BlueNext and Markit announce new carbon index
Environmental exchange BlueNext has announced that it will form a strategic partnership with financial information provider Markit, to create a range of emission index products.
US Treasury outlines OTC regulation plan
The Obama Administration has proposed a regulatory framework for all over-the-counter (OTC) derivatives contracts.
Icap launches iron ore broking service
Interdealer broker Icap has set up an iron ore derivatives broking service based in London.
Downturn changes oil & gas risk landscape
The oil & gas sector has been severely impacted by the global economic downturn, with new risks for the industry emerging that threaten the near-term survival and prospects of companies, according to a report from accounting firm Ernst & Young.
ERBD invest up to €5 billion in renewables stimulus
The European Bank for Reconstruction and Development (EBRD) has announced it will invest between €3-5 billion in sustainable energy projects in Eastern Europe before 2011 in an initiative to attract further co-financing of up to €10 billion.
Regulator expands energy panel to examine carbon trading
The Commodity Futures Trading Commission (CFTC) has appointed 11 members to a newly expanded panel established to prepare the government for carbon trading.
Calyon and EDF Trading form partnership
EDF Trading has formed a trading partnership with Calyon, the corporate and investment banking arm of the Crédit Agricole Group.
Alpha and Foundation to form third largest US coal producer
US coal producers Alpha Natural Resources and Foundation Coal Holdings have merged to create the nation's third largest coal producer.
Centrica invests in EDF's UK nuclear business
UK utility Centrica has bought a stake in EDF's newly-acquired nuclear business in the UK.
London Array wind farm receives final investment
Utilities DONG Energy, E.ON and Masdar have announced that they will invest €2.2bn in building the first 630MW phase of the London Array offshore wind farm in the Thames Estuary.
SunGard acquires risk management solution from ICE
Pennsylvania-based software company SunGard has acquired the ICE Risk commodity trading solution from IntercontinentalExchange (ICE.)
LCH.Clearnet to clear iron ore swaps
London based clearing house LCH.Clearnet has announced that it will clear over the counter (OTC) iron ore swap contracts before the end of May.
Rubber volumes fail to improve despite Tocom's extra trading hours
Rubber trading volumes have failed to be boosted by a revamped trading system launched this week on the Tokyo Commodity Exchange (Tocom).
Platts price assessment proposals face scrutiny
Questions have been raised in the energy trading sector about Platts' decision to align its US fixed price and differential crude oil and products assessments at 3.15pm eastern time (ET).
Shale gas production could reduce Europe's dependence on Russia
Rising shale gas production in the US and Canada as well as potential natural gas supplies from Iraq could reduce European energy dependence on Russia, according to a new study released today by Rice University's Baker Institute for Public Policy.
Dow Jones-AIG Commodity renamed through UBS acquisition
UBS has announced that Dow Jones-AIG Commodity Indexes have been renamed Dow Jones-UBS Commodity Indexes following the completion of its acquisition of the commodity index business of AIG Financial Products.
OTC Global Holdings announces new crude options brokerage
New York based interdealer broker, OTC Global Holdings (OTCGH), has launched a new crude options brokerage called Riviera Commodities.
Australia's carbon scheme delayed to 2011
The Australian government has delayed the start of its Carbon Pollution Reduction Scheme (CPRS) to July 2011 and announced a more ambitious emissions reduction target for 2020.
CME to launch grain calendar spread options
The CME Group has announced calendar spread options for corn, wheat, soybeans, soybean meal and soybean oil futures will be available to trade on the exchange from June 1, 2009.
Biofuels get boost from clean energy revolution
The US Government has announced plans designed to boost the use of advanced biofuels through research, investment and the national Renewable Fuel Standard (RFS).
In the clear
The trend away from uncleared over-the-counter trading to cleared OTC trading has prompted exchanges to list a greater range of OTC cleared products. But to what extent can the OTC markets ever become completely cleared? Katie Holliday investigates
Beyond 2012
The EU ETS has been a key driver of CDM market growth. However, changes to CER import limits suggested for Phase III could jeopardise that, writes Miles Austin at EcoSecurities