Commodities
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
The pressure builds for more market standardisation
With the market standardisation of energy and commodities contracts still falling behind more traditional asset classes, Lianna Brinded asks if this is a crucial step for the energy sector
Mongolia: Investors weigh risk in promising market
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
Nigerian official says oil exports not at risk
Nigeria’s oil minister has dismissed market reports that the country’s oil supply will dramatically tighten following insolvency rumours and major plans for offshore drilling
More than 2,500 UK end-users at risk of fines over carbon rules
More than 2,500 UK end-users could be stung with a hefty fine from the UK government, as a substantial number of executives at the country’s top firms admit they are unaware of the mandatory CRC Energy Efficiency Scheme, reveals a new report
China LNG demand forecast revised up by 48%
China’s seemingly unstoppable appetite for energy has boosted the country’s liquefied natural gas (LNG) demand forecasts by 48% from earlier estimates, as unconventional supply looks to plug the supply and demand gap, says a new report
Mining companies vulnerable on lack of hedging programmes
A substantial number of mining companies refuse to have a hedging programme, leaving them vulnerable to a possible sharp drop in prices
JP Morgan commodity staff cuts won’t spread, but Europe recruitment slows
The recent commodity desk cull at JP Morgan is unlikely to be the start of an industry-wide trend, but the aggressive commodities build-outs from investment banks have slowed in Europe
HSBC enters energy derivatives market
HSBC and Total Oil Trading expect to offer their first products in a few months' time
Derivatives reform to hit energy giants
Several major energy and commodities companies such as Royal Dutch Shell and BP are to face a substantial rise in derivatives trading costs, following the adoption of the Dodd-Frank Wall Street Reform Act.
BP’s oil spill to tighten global oil supply - report
BP’s Gulf of Mexico oil spill will tighten global oil supply as US oil production is set to wane, following expectations the disaster will lead to stricter regulation and closer scrutiny of drilling operations in the US, say Barclays Capital
Moody’s boosts Petronas rating on Iraq exposure
Rating agency gives a surprise boost to Malaysian oil company Petronas’s credit rating from negative to stable, despite the company’s substantial acquisition of an Iraqi oil field with Royal Dutch Shell
China unveils major oil and gas plan
China’s seemingly insatiable appetite for energy production and consumption reaches new levels as the country unveils plans to increase oil and gas production by a third by 2020
Iraq's oil minister calls for swift action on contracts
Iraq calls on foreign energy companies, such as BP, Eni and China National Petroleum Corporation (CNPC) to move swiftly to implement their recently awarded contracts
Robert W Baird: succeeding through caution
Setting up a business just before a global financial crisis hits is not ideal, but Robert W Baird’s structured products business, set up in 2007, has survived the turmoil by sticking to conservative products and avoiding the more complex deals offered by…
Deutsche lists 10 exchange-traded commodities on the LSE
Deutsche Bank has listed 10 new exchange-traded commodities on the London Stock Exchange to complement the 19 it issued earlier this year in Frankfurt
Contract standardisation could create risk say experts
Instead of making things easier and reducing risk, standardisation of energy and commodities' contracts could increase risk
Isda in sweeping commodity definitions overhaul - Exclusive
The International Swaps and Derivatives Association is carrying out its biggest overhaul for years of commodity definitions, which will include new products to reflect market developments