Oil
End-users rush into hedging oil prices
End-users are ploughing into hedging their oil positions, as prices remain in a tight range, says Standard Chartered Bank’s head of energy and environmental research
Goldman Sachs: end-users hedge oil prices now for 2011
Crude will be "the bottleneck in the system, rather than refining" says the investment bank
IEA: oil price volatility negated by non-OECD demand
The International Energy Agency (IEA) says that non-Organisation for Economic Co-operation and Development (OECD) countries’ energy demand negates the volatile effects following BP’s Gulf of Mexico oil spill
Russian / CIS exchanges to launch more derivatives contracts
Chiefs at Russia’s RTS Stock Exchange, the Ukrainian Exchange and Kazakhstan’s Regional Financial Centre (RFCA) reveal that they are looking into launching more exchange-traded funds (ETF), indexes and other derivatives contracts across commodities and…
Mexico’s Pemex looks to shale gas development
Mexico’s main energy company Pemex says it is looking to replicate the US’s success in shale gas by entering the lucrative industry in its own country
BP: lessons learned
BP: lessons learned
France to tighten commodity derivatives regulation
France has warned the European Commission that it will tighten its commodities derivatives regulation to prevent the risk of big swings in commodities prices
Special report: Energy end-users
Special report: Energy end-users
Iraq woos bond investors as sovereign debt tightens
Iraq is beginning to open its doors again to international investors. With the country needing to raise capital to develop the infrastructure required to exploit its energy reserves, Credit looks at the role bond issuance could play in Iraq’s future.
“New price on risk” for Gulf of Mexico producers
Government and regulators are urged to act quickly to create a stable regulatory regime in the wake of the Macondo oil spill or risk stifling domestic production
China's Sinopec: gas production up 40% as demand grows
China’s state-owned energy giant Sinopec reveals natural gas production soars by 40%, as proven reserves ebb lower, suggesting heightened imports are on the horizon
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
China’s drop in oil demand is "warning sign’"
Alarm bells hit the market after China’s oil demand slump signals a possible unexpected slowdown in energy demand growth
Dealers ready their resources for Asia commodities push
The bounce in the commodities sector following the financial crisis put a number of dealers on alert about money-making opportunities in Asia. Many leading dealers are amassing their resources in the region, particularly in the physical arena. But do…
Trading group fined $12 million for inflating oil price
CFTC fines ConAgra Trade Group for artificially pushing crude to $100 per barrel in January 2008, the year prices hit all-time peak of $147 per barrel
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
Nigerian political stability boosts oil production
Nigeria’s crude oil production is on the up, after geopolitical stability hints at consistent growth, says the NNPC
E&P energy company premiums likely to rise
Energy exploration and production (E&P) companies face increased cost risks as insurance premiums could rise, following BP’s Gulf of Mexico oil spill, which forced reinsurance firms, such as Germany’s Munich Re, to shell out hefty payments
BP’s oil spill to double energy companies’ IT spend
The aftermath of BP’s Gulf of Mexico oil spill could double the amount energy companies will spend on information technology (IT) as they look to adhere to new regulatory requirements in offshore drilling pursuits
Challenges for energy & commodities technology
Trayport chief speaks to Lianna Brinded about how energy and commodities trading risk management systems will cope with changes in regulation
Statoil stung by hedging derivatives losses
Norwegian oil and gas giant Statoil's results are hit by major losses on hedging derivatives in spite of a rise in profits and production
Exclusive: Lloyds to seal raft of Norway energy deals
Lloyds Banking aggressively pushes into Norway with a range of energy financing deals for exploration and production (E&P), prepares to expands its Houston oil & gas team and looks at the European shale gas business