Energy Risk
EFET calls for exemptions from mandatory trade clearing
EFET calls for energy companies to be exempted from mandatory clearing as proposed by the European Commission
Energy sector awaits regulatory clarity
Energy companies are looking to the Commodity Futures Trading Commission (CFTC) for more clues about the future regulatory landscape after the US Congress set the stage last week for a wide-ranging overhaul of derivatives regulation
McKinnon & Clarke’s purchase of Encore signals M&A trend
The takeover of the risk management firm signals a potential trend for further consolidation in the energy services sector
Container swap derivative clearing to boost market
LCH Clearnet's launch of a new over-the-counter (OTC) clearing service for container freight swap agreements is set to inject liquidity into the emerging market
Brokerage expands renewable fuels capabilities
Evolution Markets expansion targeted to respond to growing demand for alternative energy sources
White House to appeal block on drilling moratorium
The US President will immediately appeal yesterday’s ruling by a Louisiana judge to block the six-month drilling moratorium put in place in the wake of the Deepwater Horizon spill in the Gulf of Mexico
IEA warns over medium-term global crude oil markets
Despite improvements in investment outlook since 2009, the IEA still has reservations about supply concerns in the next five years
Experts examine US power clearing and netting needs
As the US Congress moves to boost derivatives clearing requirements, an industry panel has called for regulators to investigate a move towards clearing and netting across US power markets and to clarify the legal uncertainty in the area
Analysts quell crude supply fears from Gulf of Mexico spill
The effect on global crude supply in the short-term from the BP spill will be minimal, although production costs will rise, say analysts
Gazprom: European gas secure despite Belarus dispute
Gazprom quells market fears over a future European gas shortage by confirming its “readiness” to ensure additional gas deliveries to Europe in the event of Belarus shutting off Gazprom’s main gas transit system through the country
Markit moves into commodities valuation
Markit, the giant independent financial information services firm, will bring energy and commodities risk managers closer to assessing real market risk with its launch of a commodities derivatives valuation service that is set to create more transparency…
Russian exchanges energise market with power contract launch
Russia forges a stronger foothold in the global power markets, after two exchanges team up to launch a power futures contract
Energy Risk USA 2010
With the US set to unveil the largest set of financial regulation reforms of the past 30 years, Energy Risk USA's conference could not have come at a better time in order to gauge market concern
Delay of aviation EU ETS inclusion ‘unlikely’
Experts doubtful over a delay to aviation's entrance into the EU ETS due to the volcanic ash cloud, after Lufthansa CEO calls for delay until 2013
Long-term concerns over Gazprom dispute with Belarus
Market participants warn of possible long-term European gas import concerns, after Gazprom slashes gas supplies to Belarus over a debt payment dispute, echoing the European gas import crisis of 2009
New contract capitalises on Canadian heavy crude growth
A Canadian heavy crude oil contract launched this week will help oil market participants to exploit expected production growth in heavy crude from Canadian oil sands
Tradition closes its first Italian gas trade
Tradition has closed its first Italian gas trade on the back of rising liquidity in the Italian gas and power markets
Exclusive video: Power companies to be hit by US financial reforms
Senate financial reform bill could leave power companies facing major collateral problems
Senate upholds EPA carbon regulation powers
The US Senate voted against stripping the Environmental Protection Agency (EPA) of its powers to regulate carbon emissions yesterday, and is now set to consider a new energy bill without a cap-and-trade element
Exclusive video interview: Lynda Clemmons
The former Enron derivatives pioneer believes forcing trades on exchanges will benefit niche players and smaller companies
China to continue to drive global oil demand growth
Chinese oil appetite will account for almost half of global oil demand growth in the next five years but could be limited by the debt crisis in OECD countries
Exclusive video: Impact of CO2 on power prices
Power risk managers may face previously unforeseen cost challenges in the next few years, as not enough research has been done to quantify the marginal effects carbon dioxide (CO2) emissions prices will have on the electricity generation sector, says…
Oil outlook revised down
Oil prices are not expected to top $100/bbl in 2010 as energy sector participants pare down their 2010 forecasts in light of supply issues
‘Revolutionary’ voluntary carbon platform won’t transform market, say experts
A new platform for electronic trading of voluntary carbon credits, claiming to revolutionise the market, has met a muted response from industry participants