Nymex is to launch two sour crude oil contracts after Saudi Aramco’s announcement this week that it will use the Argus Sour Crude Index (ASCI) as a benchmark for US sales from January 2010.
FirstEnergy Capital, an energy-focused Canadian investment bank, has opened an office in London, England.
President Barack Obama this week announced the largest single energy grid modernisation investment in US history.
The role of speculation, the likely introduction of position limits and financial regulatory reform has dominated the agenda of the US Commodity Futures Trading Commission in recent months. Chairman Gary Gensler speaks to Mark Pengelly in an exclusive...
Companies that are heavy consumers of energy are particularly susceptible to market volatility. For such end-users, proper use of risk management techniques can mean make or break, says Eric Fishhaut of GlobalView
Today’s volatile energy prices and the lower creditworthiness of some energy intensive users means energy providers have to assess counterparty risk thoroughly. David Coffman of GDF SUEZ Energy Resources provides some tips for assessing risk in the...
Global events and climate change have fundamentally changed the face of energy procurement. Chris Bowden of Utilyx looks at the issues facing energy-intensive businesses in the UK
Guy Newsam, general manager at Muntons, a UK-based energy-intensive corporation, talks to Katie Holliday about how the company is addressing its exposure to volatile energy costs and carbon risk
In this white paper, Mark Konijnenberg, managing director commodities group at Citi, talks about developing trends in energy risk management since the extreme price volatility of 2008 and outlines how the group is keeping up to date with clients’ needs
In the oil and gas industry, there's a lot to lose if operational risk management isn't top notch - lives are at stake. Financial services firms would do well to imbue their op risk frameworks with the same sense of significance, says Victoria Pennington
Energy Risk editor Stella Farrington discusses the magazine's new online portal, and its benefits for the Energy Risk community.
Not a year has passed since Energy Risk's 1994 launch without M&A activity between energy companies, banks or brokers. Roderick Bruce & Pauline McCallion chart the M&A history that forms today's players
Standard & Poor's has launched a new version of its Goldman Sachs Commodity Index (GSCI) which is compliant with the Undertakings for Collective Investments in Transferable Securities European Directive III (Ucits III). The latest index will use caps...
DTEK, Ukraine's only privately owned power utility, wants to become a leading energy player linking Ukraine, Russia and Europe. Roderick Bruce meets Vitaly Butenko, DTEK's chief strategy officer, to discuss the company's progress and plans for expansion...
Plummeting volumes in Japan's commodity futures markets have forced many Japanese commodity brokerages out of business. Katie Holliday reports