Commodities
BP’s Gulf of Mexico oil spill will not push fuel switching
Experts quash fears that tighter restrictions following BP’s Gulf of Mexico oil spill will result in oil to gas fuel switching in the US, thus pushing up gas prices
Eyes turn to Mongolia for commodities rush
Following a $3 billion investment agreement made for a copper-gold mine last year, and the recent tender for $10 billion of infrastructure investment, Mongolia seems to be the new land of opportunity, but there are risks. Alex Davis reports
Dealers ready their resources for Asia commodities push
The bounce in the commodities sector following the financial crisis put a number of dealers on alert about money-making opportunities in Asia. Many leading dealers are amassing their resources in the region, particularly in the physical arena. But do…
UK end-users face power and gas price volatility
Experts warn that major UK end-users may face another quarter of power and gas price volatility, indicating the necessity of a risk management programme
SMX gets nod from MAS to start operations
The Singapore Mercantile Exchange plans to create a commodity and derivatives trading platform on a par with the best global exchanges in New York and London.
India’s latest commodity exchange won’t compete, say experts
India's fifth commodities bourse - ACE Derivatives and Commodity Exchange - will struggle to compete with market leading platforms, say experts
Singapore’s commodities derivatives exchange to go live
Singapore’s central bank Monetary Authority of Singapore (MAS) gives the green light for new commodity and currency derivatives bourse
IEA: BP’s oil spill threatens future supply
The International Energy Agency (IEA) expresses major concerns over future oil supply, as new regulations threaten to tighten deepwater drilling, following BP’s Gulf of Mexico oil spill
Singapore bids to be Asian derivatives and clearing hub
Asian migration
Energy firms' hedging programmes give mixed results
Hedging programmes for oil & gas companies show widely differing outcomes according to the latest flurry of company results
LCH.Clearnet in a raft of Asia deal talks
Clearing giant LCH.Clearnet strengthens its position in Asia as it looks to seal a number of clearing deals with a raft of exchanges and other market participants
Nigerian political stability boosts oil production
Nigeria’s crude oil production is on the up, after geopolitical stability hints at consistent growth, says the NNPC
NATS saves £1.7 million in hedging programme
Major end-user NATS saved £1.7 million after installing a new hedging strategy and energy risk management programme
Deutsche expands physically backed ETC offering
Deutsche Bank lists collateralised platinum and palladium exchange-traded commodities in London
Nabucco could be postponed to 2011
Future Western European gas supplies could be at risk, as the Nabucco pipeline, which is designed to relinquish the European Union’s dependence on Russian gas imports, maybe delayed until the start of 2011
Asia Risk 15: Sandip Biswas, Tata Steel
Tata Steel has managed risks on multiple fronts during its transformation from an Indian company into a multinational corporation over the past 15 years. Adopting a proactive but prudent approach to using derivatives has helped achieve this growth. Rahul…
BP’s oil spill to double energy companies’ IT spend
The aftermath of BP’s Gulf of Mexico oil spill could double the amount energy companies will spend on information technology (IT) as they look to adhere to new regulatory requirements in offshore drilling pursuits
Challenges for energy & commodities technology
Trayport chief speaks to Lianna Brinded about how energy and commodities trading risk management systems will cope with changes in regulation
BNP Paribas tempts investors with forex basket
BNP Paribas has launched a commodity currency basket designed to promote foreign exchange and persuade investors of the benefits that come with the asset class
Exclusive: Lloyds to seal raft of Norway energy deals
Lloyds Banking aggressively pushes into Norway with a range of energy financing deals for exploration and production (E&P), prepares to expands its Houston oil & gas team and looks at the European shale gas business
Commodities ‘financialisation’ worries end-users
With recent statistics showing an increasing number of financial institutions jumping into commodities, Lianna Brinded investigates whether this will cause more risks to end-users
Credit trends prompt energy data management rethink
A new awareness of the importance of monitoring credit risk alongside market risk has prompted a need for better risk aggregation within energy companies, according to experts
Getting more control with bespoke technology
Playing a role in the development of a bespoke technology solution gives energy traders and risk managers more control over how they perform their daily duties, according to experts. Pauline McCallion finds out more