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GM&T USA and Statoil sign gas MoUs
Gazprom Marketing & Trading USA (GM&T USA) and Statoil have signed a non-binding memorandum of understanding (MoU) for a series of agreements covering various gas and LNG deals.
Environmental exploitation
Recessions usually spell bad news for the environment. Promises of investment in clean energy and sustainable technology wither away as mediocre returns drive investors to count the cost of easing their conscience. But as pension funds and governments…
Iron ore swaps grow on London Dry Bulk
London Dry Bulk's trading platform LDB-X has facilitated the trade of roughly half the iron ore swap contracts cleared through the Singapore Exchange (SGX) in November.
New Indian Commodity Exchange to go live within a week
India's fourth national commodity exchange, the Indian Commodity Exchange (ICEX), is set to go live in less than a week's time, Reuters have reported
World Bank sells CERs through Bluenext
The Adaptation Fund of the World Bank will sell Certified Emission Reductions (CERs) through Paris-based exchange Bluenext, it announced last week.
Iberian exchange OMIP strengthens European presence
The Iberian power market derivatives exchange, Operador de Mercado Ibérico de Energía (OMIP), has signed a deal with software vendor Trayport as part of its continued expansion within the European energy markets.
EEX wins primary auction contract for German EUAs
The European Energy Exchange (EEX) will run the primary auction for European emission allowances (EUAs) in Germany on behalf of the German Federal Ministry for the Environment starting in January 2010.
CCX launches new offset contract
The Chicago Climate Exchange (CCX) announced details of two new contracts on Friday, covering certain types of US offset and direct emission cuts taken in the US.
Merger to create biggest UK carbon company
Two UK-based carbon trading investment funds are set to merge and create the UK's largest carbon company.
Ice to launch ASCI contracts
IntercontinentalExchange (Ice) has introduced more than 40 new over-the-counter cleared energy contracts for North American natural gas, power, natural gas liquids and global oil products, including two contracts based on the Argus Sour Crude Index (ASCI…
China's smoke signal
World leaders will congregate in Copenhagen next month in a bid to thrash out a replacement to the Kyoto protocol for climate change. While the outcome is still far from clear, new policy stances from Asian nations are already having a fundamental effect
Cap-and-trade bill passed by Senate committee
The Senate Committee on Environment and Public Works (EPW) passed the Kerry-Boxer Clean Energy Jobs and American Power Act by 11 votes to one today, with all seven Republican committee members absent from the vote.
FMX Connect announces relaunch
FMX Connect has relaunched its online commodity and energy data portal.
APX launches carbon credit tracking service
A newly launched service will allow project developers, buyers and sellers of carbon offset credits and forwards to track documents and contract information.