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Foreign exchange

Merrill Lynch sees oil staying high in 2005

The oil price, which has roughly doubled since the start of 2000, and risen by over 60% this year, is likely to remain historically high in 2005 due to a structural shift in the market, said Robin Batchelor, co-fund manager of Merrill Lynch’s World…

Oiling the wheels

Bribery and corruption is a hot topic, not least in the energy sector. Energy Risk this month looks at recent high-profile cases and what governments are doing to combat the problem. By Daren Allen and Kelly Williams

BITs in pieces

Argentina is launching a direct attack on the validity of investment treaties, and other countries may be about to follow its lead. How are investors responding to the challenge? Maria Kielmas reports

Utility 2025: a vision

Power companies will face enormous political, societal, and technological change over the next 20 years. Douglas Houseman and Dennis Taylor of Capgemini look at how the utility of the future should embrace change

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Caring competition

What are the theoretical consequences of restructuring electricity markets on emissions? Here, Benoît Sévi shows that changes in supply and consumption and restructuring for competition has environmental effects, and argues that strong public policies…

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