Shell
Corporate statement: Are you re-evaluating your energy risk management provider?
Many energy-price-dependent organisations, such as utilities, independent power producers and oil and gas producers, saw their hedges at risk with the crumbling balance sheets of several key hedge providers. The global credit crisis has forced many…
Movers & shakers
As part of our 15th Anniversary, Energy Risk rounds up 15 of the most influential and innovative companies currently active in the traded energy markets and profiles their achievements
First oil futures curve ETFs listing on LSE
In the next two to three weeks, the London Stock Exchange (LSE) is expected to list the first exchange-traded funds (ETFs) exposed to parts of the oil futures curve.
One billion oil securities to be traded in London
Oil Securities is preparing to issue up to a billion debt securities, based on Brent and West Texas Intermediate prices, on the London stock exchange next week.
Shell picks ZaiNet for carbon trading
Shell Energy Trading has licensed the ZaiNet emissions trading software, produced by SunGard, to manage its global carbon dioxide portfolio.
Watching the home front
The growing international controversy about Iran’s nuclear ambitions as well as internal unrest may stall foreign investment in the country’s energy sector in a way that US sanctions have failed to do. Maria Kielmas reports
Energy firms turn to overlay
Energy companies face a tough future over pension provisions – a problem that could well exacerbate credit deterioration. Paul Lyon finds that innovative use of currency overlay could provide some form of refuge
Petrochemicals firms take a stand against oil price volatility
Many petrochemicals firms are seeking to reduce price volatility through hedging, given that the cost of crude oil is strongly influencing the price of petrochemical products. GlobalView Software looks at the figures behind the trend
A formula for high prices
The US chemical industry is crying foul over spiralling natural gas prices, but there are measures they can take to protect themselves, as Kevin Foster discovers
OpenLink introduces Swift messaging capability
OpenLink, a New York-based trading and risk management software company, has released its Open Settlement Solution - an integrated Society for Worldwide Interbank Financial Telecommunication (Swift) messaging capability for its Findur system. Evaluating…
UK and Danish greenhouse gas allowance schemes see first swap
Anglo-Dutch energy major Royal Dutch/Shell Group and Danish electricity supplier Elsam completed the first greenhouse gas (GHG) emissions swap between government-backed allowance schemes on May 7.
Rates Markets Update: Swaps see low flows with trading in narrow range
US dollar swaps continued to trade near record-low levels. Ten-year swaps ended the week at 54.5 basis points, largely unchanged from the previous Friday. Five-year spreads narrowed 8bp to 45bp. This contraction was nearly all caused by the five-year $90…
ICE moves into UK gas and power market
Atlanta-based electronic energy and commodities trading exchange, the Intercontinental Exchange (ICE), is introducing its trading platform into the UK gas and power markets.