News
EIA eyes Brazil for non-Opec supply growth
Brazil could be the largest source of non- Organization of Petroleum Exporting Countries (Opec) oil and liquids supply growth between 2009 and 2011, with an annual production expected to increase by 410,000 barrels per day (b/d) within this period, says…
N2EX trades £12.7 million in three weeks
N2EX, the recently launched marketplace for physical UK power contracts, has traded £12.7 million’s worth of day-ahead and prompt contracts combined in the first three weeks since its opening.
Goldman Sachs tops Energy Risk/Risk commodity rankings 2010
Goldman Sachs has reclaimed the top spot as best overall energy dealer, in the Energy Risk/Risk commodity rankings 2010, relieving Morgan Stanley of its two-year reign at number one.
US budget drops fossil fuel subsidies
US President Barack Obama has used his 2011 budget to call for an end to fossil fuel subsidies, apportioning funds to the clean energy sector instead.
Massachusetts REC futures start trading on CCFE
The Chicago Climate Futures Exchange (CCFE) has announced the successful completion of the first Massachusetts Renewable Energy Certificate (REC-MA) futures contract trade.
Trading positions
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Building support: CFTC’s reforms in the cold?
Despite being lighter than expected, the CFTC’s proposed reforms for energy trading have found little support from other commissioners or overseas regulators, finds Pauline McCallion
US regulations may have hurt RBS Sempra deal
JP Morgan has reportedly amended plans to purchase RBS Sempra Commodities, excluding the North American portion of the business.
Singapore Exchange to trade fuel oil futures in February
SGX has announced details of a new fuel oil contract scheduled for launch on Monday, February 22.
Lukoil-led consortium seals Iraq deal
A consortium led by Russian private oil company Lukoil is the latest in a line of energy giants sealing deals in Iraq, in a move set to develop one of the country’s largest oil fields.
Markey: Climate bill by end of 2010
President Barack Obama will have a new clean energy bill to sign by the end of the year, according to US congressman Edward Markey.