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Power & Energy Commodity News

Domination of powerful few faces scrutiny

Source: Financial Times, 15th May 2013

Oil price reporting agencies reject comparisons with Libor, where sponsors mechanically accepted daily estimates from banks

Read the full article on FT.com

Brazil oil licences raise record R$2.8bn

Source: Financial Times, 15th May 2013

Auction will help reinvigorate Brazil’s oil industry, and marked return of Exxon to the country in partnership with Brazilian billionaire Eike Batista

Read the full article on FT.com

Europe oil groups raided over price-setting

Source: Financial Times, 15th May 2013

Probe into oil benchmarks comes in the wake of Libor manipulation scandal. BP, Statoil, Shell and Platts are among the companies being investigated

Read the full article on FT.com

Robust regulation in place for UK Shale development

London, 15 May 2013

Speaking at the first meeting of the new All Party Parliamentary Group for Unconventional Gas & Oil (APPG) in the House of Commons today, Energy Minister Michael Fallon said: “The Government is creating the right framework to accelerate shale gas development in a responsible way.

Read more: Robust regulation in place for UK Shale development

Oil majors at centre of unregulated trade

Source: Financial Times, 15th May 2013

A handful of energy companies, the largest commodity traders and investment banks that are active in commodity trading dominate crude and oil markets

Read the full article on FT.com

Oil trade shifts from crude to refined products

Source: Financial Times, 15th May 2013

Trade to shift over the next five years from traditional short-haul routes to long haul routes as new export-oriented refineries are constructed

Read the full article on FT.com

Europe oil groups raided over price setting

Source: Financial Times, 14th May 2013

Probe into oil benchmarks comes in the wake of Libor manipulation scandal. BP, Statoil, Shell and Platts are among the companies being investigated

Read the full article on FT.com

Dublin considers raising oil sector taxes

Source: Financial Times, 14th May 2013

Irish government reviews fiscal regime amid warnings that tax rates are too low and that the country is failing to reap the rewards of oil discoveries

Read the full article on FT.com

Europe oil groups raided on price setting

Source: Financial Times, 14th May 2013

The probe into oil benchmarks comes in the wake of the Libor manipulation scandal. Statoil, Shell and Platts are among the companies being investigated

Read the full article on FT.com

EU raids oil groups over price benchmarks

Source: Financial Times, 14th May 2013

The probe into oil benchmarks comes in the wake of the Libor manipulation scandal. Statoil, Shell and Platts are among the companies being investigated

Read the full article on FT.com

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