Energy Risk - Volume3/No5

Coping with setbacks

Most risk managers and employees in energy companies are familiar with the concepts of market risk and credit risk, but operational risk is receiving more attention in corporate boardrooms these days, writes Sandy Fielden

March 2006 - Interconnector - UK left in the cold

As UK gas prices soared at the start of the year, market watchers struggled to explain why cheaper European gas didn't flood into the UK. But as the UK becomes a net importer of gas, these sorts of market inefficiencies will become more prominent, writes…

Hedging weather exposure

Volumetric weather risk is usually levered by the commodity price, resulting in cross-commodity exposure known as a quanto. Hedging such exposure with quanto instruments is costly. Victor Dvortsov suggests a simple strategy that allows efficient hedging…

Valid Assumptions Required: aggregation

In the first article of this series, in which Brett Humphreys questions some of the assumptions and decisions that go into the calculation of value-at-risk, he focuses on portfolio aggregation.

March 2006 - LNG moves offshore

Offshore LNG terminals not only circumvent environmental objections, they give suppliers global arbitrage opportunities. But are they economical, asks Catherine Lacoursiere

The chain gang

Supply chain management is becoming more important within energy companies, making liaising between the supply chain manager and the risk manager essential in order to avoid compromising operational risk, writes Raees Lakhani

Full steam ahead

The rising cost of shipping fuel is causing more and more shipowners and commodity merchants to consider risk management strategies, and some sophisticated marine fuel trades are taking place as a result, writes Barry Parker

Stella Farrington

Stella Farrington talks to thierry daubignard about what prepared him for life as the new CEO of Gaselys

LNG moves offshore

Offshore LNG terminals not only circumvent environmental objections, they give suppliers global arbitrage opportunities. But are they economical, asks Catherine Lacoursiere

The rise of mechanistic hedging

Utility hedging gains wider acceptance, but companies still need to work harder to eliminate pure price-view hedging, writes Leigh Parkinson of RiskAdvisory

March 2006 - Riding the rollercoaster

US natural gas prices have proven to be susceptible to weather-related price swings. Andy Weissman looks at what a risk manager should consider when designing a price risk management program

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: