Q&A: Shell Gas Direct’s Mike Hogg

With major industrial and commercial end users bearing the brunt of global regulatory changes and more stringent carbon emissions requirements, Shell Gas Direct’s Mike Hogg speaks to Lianna Brinded how he sees the future and what companies can do to minimise their risk

Major energy and commodities end-users could be among the worst hit if US and European regulation does not stipulate exemptions from a range of financial market reforms. The recession hangover, market price volatility and new bills to tackle climate change, all add to the mix of issues end-users will have to overcome to survive.

In the US, July saw the passing of the Dodd-Frank Wall Street Reform and Consumer Protection Act, giving regulatory authority for the over-the-counter derivatives (OTC)