The New York Mercantile Exchange Inc. (Nymex) said it plans to expand the listing of consecutive contract months for its natural gas (NG), natural gas swap (NN), and natural gas penultimate swap (NP) futures contracts to the current year plus the next 12 years through December 2020. The contracts are currently listed for the current contract year plus five additional years. “Nymex is providing market participants with unprecedented risk management opportunities,” said Nymex CEO James E. Newsome. “No other energy exchange gives their customers the ability to trade so far out on the curve. We are gratified to provide innovative solutions to help the industry hedge its risk more than a decade into the future.”
Listing
Articles from Listing
Pygmy Rabbit Could Put Bugs in Western Energy Development
The U.S. Fish and Wildlife Service (FWS) must reconsider the pygmy rabbit for listing under the U.S. Endangered Species Act, an Idaho judge has ruled. If the rascally little rabbit is listed, it could spell “twubble” for oil and gas companies that operate in the West.
Pygmy Rabbit Could Put Bugs in Western Energy Development
The U.S. Fish and Wildlife Service (FWS) must reconsider the pygmy rabbit for listing under the U.S. Endangered Species Act, an Idaho judge has ruled. If the rascally little rabbit is listed, it could spell “twubble” for oil and gas companies that operate in the West.
Wyoming Panel Calls for ‘Self Discipline’ to Protect Sage Grouse
To protect the declining sage grouse population and avoid its listing as a protected species under the U.S. Endangered Species Act (ESA), Wyoming has to reduce the effects of energy development and impose tighter restrictions on residential development, a state panel has recommended.
‘Endangered’ Listing Turns Up Spotlight on Denver Producer’s Seismic Gas Activity in Utah
A canyon located in southeastern Utah — near where a Denver-based producer is conducting seismic natural gas exploration, which environmental groups are trying to stop — has made the list of the “Eleven Most Endangered Historic Places in America” for the current year.
‘Endangered’ Listing Turns Up Spotlight on Denver Producer’s Seismic Gas Activity in Utah
A canyon located in southeastern Utah — near where a Denver-based producer is conducting seismic natural gas exploration, which environmental groups are trying to stop — has made the list of the “Eleven Most Endangered Historic Places in America” for the current year.
INGAA’s Fowler Says Pipeline Segment Needs to Better Educate FERC
Listing the education of FERC as one of the pipeline industry’s biggest problems to date, Fred Fowler, chairman of the Interstate Natural Gas Association of America (INGAA) and president of Duke Energy Corp., said oftentimes when the Commission says it is trying to help a situation, their directive only “exacerbates” the problem.
INGAA’s Fowler Says Pipeline Segment Needs to Better Educate FERC
Listing the education of FERC as one of the pipeline industry’s biggest problems to date, Fred Fowler, chairman of the Interstate Natural Gas Association of America (INGAA) and president of Duke Energy Corp., said oftentimes when the Commission says it is trying to help a situation, their directive only “exacerbates” the problem.