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
The International Energy Agency’s claim that China has overtaken the US as the largest energy user, has exacerbated concerns that supply and demand data could be out of sync with price forecasts
Nearly one third of all oil and gas companies are more susceptible to systemic risk, as a report reveals 31% of these firms lack an energy trading and risk management (ETRM) solution for their operations
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
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
Chartered Financial Analyst, the qualification that is de rigueur for any aspiring fund manager, fails to address the principles of proper risk management.
Rating agency warns that a surprise Spanish government review of wholesale electricity prices could lead to a downgrade of Spain's power companies
The three products reviewed this month all have a strike date of 11 December 2009. The products are valued weekly and the results are shown along with the performance of the underlying asset. All three products are fairly typical of products that are...
The International Energy Agency says game changing events including sovereign debt issues, China’s oil demand and the BP Gulf of Mexico oil spill have forced it to revise the way it assesses oil markets
China Merchants Securities has upgraded its risk management systems ahead of planned international expansion and efforts to offer more derivatives, exchange-traded funds and warrants services
Aon Corporation, a global provider of risk management services, insurance and reinsurance brokerage, has opted for a more measured approach to adopting a GRC platform by starting with an upgrade of its existing Sarbanes-Oxley (Sox) compliance system and...
Instead of making things easier and reducing risk, standardisation of energy and commodities' contracts could increase risk
Energy risk managers from across North America convened at Energy Risk’s annual US conference in May to discuss the many challenges currently facing the sector, including derivatives regulation and carbon market growth, as Pauline McCallion reports
Adapting to change is essential for companies in the ever-evolving energy markets. Risk managers are well placed to take a leading role in change management. Jay Jayasuriya and Julie Shochat of Enite set out a change management plan
Impending regulation changes will have a profound impact on the operational side of the energy markets as energy companies face capital adequacy issues. Lianna Brinded investigates how companies will cope and what repercussions the changes will have on...
With a raft of financial market reforms set to alter the landscape of energy and commodities trading by the end of the year, Lianna Brinded takes a look at how financial technology needs to develop in order to keep up with regulatory changes
New US derivatives regulation is expected to compel companies to redefine their risk management strategies
A declining number, falling below 5%, of Sifma member firms are comfortable with their risk management capabilities, according to an updated survey of 240 Wall Street participants conducted by IBM, issued at the Sifma Financial Services Technology Expo...
The takeover of the risk management firm signals a potential trend for further consolidation in the energy services sector
Attilio Meucci introduces a multi-asset-class return decomposition framework that extends beyond the standard systematic-plus-idiosyncratic approach. This framework, which rests on the conditional link between flexible bottom-up estimation factor models...
Evolution Markets expansion targeted to respond to growing demand for alternative energy sources
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