European Union (EU)
Romania bans OTC emissions trading to combat fraud
Romanian authorities have banned European Union carbon emissions allowances (EUA) in the over-the-counter derivatives market to prevent EUA tax fraud, after ruling that these contracts are now classed as equity securities and therefore can only be bought…
Market fears two-tier EU ETS post-2012
Following a lack of collective will to determine a binding agreement at the Climate Change conference in Copenhagen (Cop15), analysts say the West may take steps to either ban or restrict most Chinese certified emissions reduction (CER) credits in the…
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets.
Iraq adopts new pricing for US crude
Somo, the Iraqi state-owned oil marketing firm, has followed in the footsteps of Saudi Arabia and Kuwait by adopting the Argus Sour Crude Index (ASCI) to benchmark price sales of US-bound crude from April onwards.
Eni, Oxy & Kogas seal Iraq deal
Three major oil and gas companies have sealed a deal with Iraq’s South Oil Company and Missan Oil Company that is set to increase production by 1 million barrels per day (bbl/d) over the next six years.
EU & Iraq pact will not boost energy supplies
Iraq will not boost the European Union’s (EU) oil, gas or power supply, or become a key supplier in the near future, say analysts, following the announcement that the two parties signed a Memorandum of Understanding designed to secure the EU’s energy…
Torrential reign
It never rains but it pours. International negotiations over the best way to regulate banks and financial markets continue, but bankers had better be prepared because much of what has been discussed in recent months will find its way into
FSA launches hedge fund regulations study
Daily news headlines
JI: Life after 2012?
Joint Implementation (JI) emission reduction projects have so far been overshadowed by the Clean Development Mechanism. Katie Holliday investigates whether there is a future for JI projects post-2012
Nordic horizons
Markets in the Nordic region have been far from immune from the troubles that have hit structured products across Europe. But speakers and delegates at the Structured Products Nordic Region conference spoke of light on the horizon - despite the pressing…
Lawyers highlight grey areas in securitisation regulation
Securitisation regulation recently passed by the European Union could have problematic legal implications for originators and investors, according to lawyers.
Can one size fit all?
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