Energy trading
Innovation of the year: Thomson Reuters
Vendor's Brazilian electricity and agricultural weather data shine help shine a light on the commodities market
Data provider of the year: StatWeather
StatWeather has impressed energy trading firms with the accuracy of its long-range forecasts, including during the North American polar vortex in late 2013 and early 2014
Weather house of the year: Munich Re Trading
The weather derivatives specialist has won praise for its consistent, high-quality service
Risk Books: Managing Energy Price Risk, 4th Edition
Industry leader Vincent Kaminski discusses the challenges faced by energy markets and his new book, Managing Energy Price Risk, 4th Edition.
Barclays ruling bolsters Ferc anti-manipulation drive
Ferc has won a key motion in a $470 million manipulation case against Barclays, which strengthens the regulator's hand in other enforcement actions
Applied risk management series: Counterparty risk exposure metrics
The use of static counterparty exposure metrics, which provide an incomplete view of the risk of individual deals and portfolios, may lead risk managers to take decisions with unintended consequences. Carlos Blanco outlines a better approach using…
Former enforcement chief takes top job at Ferc
BAML promotes Ahmad to co-head; Coolidge leaves Velite; Black joins Wells Fargo; StanChart loses sales head; Freepoint adds oil traders
Bulgaria power market faces challenges, conference told
Bulgaria's electricity market is being hampered by poor transparency, export fees and market structure, heard delegates at Energy Risk Balkans
EU capital requirements worry commodity trading firms
The finalisation of Mifid II in Europe has rekindled a debate over whether commodity trading firms should be subject to capital requirements. Firms are lobbying strongly against the idea, but regulators and the European Commission will have the final say
US shale boom poses challenge to Henry Hub benchmark
Henry Hub, the US natural gas benchmark, is being called a "broken proxy" as the shale revolution boosts production in the northeast US. But potential alternatives, such as Pennsylvania's Dominion South, will find it difficult to seize Henry's crown
Dealing with stressed contracts in the energy sector
The recent collapse of crude oil prices is inevitably putting many contracts in the energy sector under strain. Ashley Wright and Richard Steenhof of Norton Rose Fulbright explore the legal options available to energy companies that need to manage the…
Rolling back the frontiers
Dr Igor Koprivnikar, member of energy trading and supply group Gen-i’s management board responsible for trading, talks exclusively to Energy Risk
Energy Risk Software Rankings 2015
Energy Risk conducted a survey in which it asked energy trading firms to nominate their top ETRM vendors, implementation specialists, data vendors and data managers during December 2014 and January 2015. We present the top ranked firms below
BP’s Alvarez reflects on oil spills and other challenges
Orlando Alvarez, president and chief executive of BP Energy Company, reflects on oil spills and other challenges of running a large trading organisation
Traders and politicians can learn from dead pilots
Flying a plane requires calm execution, attention to risk and counterintuitive strategies to avoid disaster
Capacity mechanisms spark concern from power traders
Zest for subsidies could threaten plans for unified EU electricity market, argue power traders
Regulation makes data top concern for energy traders
IT teams are playing a vital role in helping energy traders comply with regulation, improve the quality of internal reporting and manage with lower technology budgets. But they face big challenges, particularly when it comes to integrating data
Oil dive increases importance of trading, says Statoil
Asset-based trading seen as crucial by Statoil in environment of lower oil prices
Energy trading firms unready for Remit, survey finds
IT systems not geared for trade reporting under EU anti-manipulation law
Morgan Stanley names new commodities co-heads
Evolution unveils European coal desk; Mercuria hires Goldman's cross; New Danske CEO gets to work; Ex-Deutsche Asia power head joins GDF Suez; Gunvor COO steps down
US natural gas hedge fund shuts down
Roaring Fork says poor liquidity in energy derivatives foiled its trading strategies
Energy traders shun trade surveillance, survey finds
Result comes despite tougher rules on market manipulation and abuse
Commodity derivatives lead the way for OTC reform
Enron proved merits of bottom-up evolution, not change imposed from above
E.on Global Commodities CRO unfazed by renewables plan
David Port, CRO of E.on Global Commodities, has grappled with financial risk at several different types of trading firm. Now he faces another change, as E.on seeks to break itself into two