Energy derivatives
BP’s Gulf of Mexico oil spill will not push fuel switching
Experts quash fears that tighter restrictions following BP’s Gulf of Mexico oil spill will result in oil to gas fuel switching in the US, thus pushing up gas prices
UK end-users face power and gas price volatility
Experts warn that major UK end-users may face another quarter of power and gas price volatility, indicating the necessity of a risk management programme
End-users adopt more complex hedging tools and methods
End-users’ energy and commodities hedging strategies are growing in sophistication as they adopt more complex products and non-traditional tools, says the head of RWE npower’s optimisation desk
Singapore’s commodities derivatives exchange to go live
Singapore’s central bank Monetary Authority of Singapore (MAS) gives the green light for new commodity and currency derivatives bourse
IEA: BP’s oil spill threatens future supply
The International Energy Agency (IEA) expresses major concerns over future oil supply, as new regulations threaten to tighten deepwater drilling, following BP’s Gulf of Mexico oil spill
Energy firms' hedging programmes give mixed results
Hedging programmes for oil & gas companies show widely differing outcomes according to the latest flurry of company results
LCH.Clearnet in a raft of Asia deal talks
Clearing giant LCH.Clearnet strengthens its position in Asia as it looks to seal a number of clearing deals with a raft of exchanges and other market participants
Ice to launch ASCI contracts
IntercontinentalExchange (Ice) has introduced more than 40 new over-the-counter cleared energy contracts for North American natural gas, power, natural gas liquids and global oil products, including two contracts based on the Argus Sour Crude Index (ASCI…
Hong Kong and Shanghai exchanges in energy derivatives venture
The Hong Kong Exchanges and Clearing Limited (HKEx) and the Shanghai Futures Exchange (SHFE) have signed a memorandum of understanding to develop an Asian energy derivatives market, the exchanges said today.