Energy Risk/News
TAQA to operate Brent system
TAQA Bratani, the UK arm of the Abu Dhabi National Energy Company (TAQA) is the new operator of the North Sea Brent System pipeline and facilities. TAQA acquired the assets from oil major Shell UK, which has owned and operated them since the mid 1970s.
Senator calls for OTC registry
New York Senator Charles Schumer is drafting a bill that would establish a central trade repository for all over-the-counter (OTC) derivatives market data.