Hess Corporation
No easy way to hedge Bakken crude oil, say energy firms
Fragmented shale oil market yet to coalesce around one pricing point
Enforcement director nominated for Ferc chair
Centrica hires Hess market risk director; Vattenfall names trading head; Gazprom recruits BAML power trader; Baltic Exchange names Singapore head; Mitsubishi UFJ in commodity retreat
Centrica hires ex-Hess market risk director
John Wengler joins Centrica Energy as UK-based midstream risk director
Hess CRO Jonathan Stein prepares for shake-up
As Hess turns into a leaner, upstream-focused oil company, chief risk officer Jonathan Stein tells Alexander Osipovich how enterprise risk management will assist in the firm’s transformation
Regulators blamed for strategic risk failings, says Risk.net poll
Poll respondents might be pointing the finger at supervisors but risk experts say corporate management itself is at fault
Energy players voice concerns over Dodd-Frank timeline
US market participants say Dodd-Frank reforms should be phased in, foresee uncertainty and potential market disruption post-implementation
Hetco stops power trading
Hetco, the New York-based proprietary energy trading company, has closed its power trading desk. Hetco was created in 1997 as a joint venture between US oil major Amerada Hess and Stephen Hendel and Stephen Semlitz, two former partners of Goldman Sachs,…
Weather derivatives set for emerging markets
A joint venture between the World Bank and US energy company Aquila is set to broaden the growing weather derivatives sector into emerging markets for the first time.