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Trading positions
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
BarCap launches LNG services with Excelerate deal
Barclays Capital today launched a liquefied natural gas (LNG) services offering with a new agreement to market Excelerate Energy’s LNG cargoes in the northeast US market.
Power sector concerned about regulatory overlap
Power sector trade bodies yesterday criticised proposals for regulation of over-the-counter derivatives, saying it would duplicate current Federal Energy Regulatory Commission (Ferc) oversight of the US power market.
Continued high default rate in 2010 predicted by S&P
Standard & Poor’s (S&P) expects between 55 and 75 West European companies with speculative-grade credit ratings to default in 2010, continuing an above-average default rate.
