Physical oil and gas commodity trading


More recently, the firm has gained recognition as the leading practice for carbon- and emission-reduction credit trading. The commodities trading group offers clients a broad, interdisciplinary, and integrated set of legal resources that are unique to Hunton Andrews Kurth. The practice provides legal insights and guidance that enable clients to meet the challenges of an increasingly complex regulatory framework.

Our clients include multinational oil companies, investor-owned utilities, power project developers, midstream operators and coal, oil and gas producers, as well as financial institutions, such as broker dealers, exchanges, trading houses and hedge funds. Attorneys in the commodities trading group are located in London, Houston, Washington, New York and other offices across the globe.

In the US and Europe, the commodities trading group supports energy-trading clients in financial and physical trades for energy commodities that include electricity, coal, lignite, crude oil, refined products, propane, natural gas and LNG. The Working Group is a diverse group of commercial energy firms, including producers, marketers and utilities, that considers legislative and regulatory developments with respect to the trading physical oil and gas commodity trading energy commodities. The firm provides strategic, policy, regulatory and related transactional advice to the Working Group addressing the implications of various OTC derivatives reform legislation and regulatory initiatives commenced by the CFTC.

The firm has prepared legislative language and position papers for use by clients in response to requests from Congressional staff. With regard to CFTC regulatory matters, the firm is representing the Working Group in multiple proceedings relating to the proposed designation of several electricity, natural gas and oil physical oil and gas commodity trading traded on certain exempt commercial markets as significant price discovery contracts, as well as in the rulemaking to impose Federal speculative position limits on: Attorneys in our group frequently negotiate master netting contracts, including netting agreements among international parties.

We also represent market participants in the drafting and negotiation of structured transactions related to commodities, such as intermediation structures and long-term supply agreements.

We have developed customized swap confirmations agreements for use pending the execution of formal master trading agreements, as well as synthetic, off-exchange futures trading, cash-settling energy options and option-based products, as well as all traditional swap and basis trading activities.

We represent a variety of participants in the primary and secondary greenhouse gas emission reduction credit and allowance markets. The team regularly represents US- and foreign-based entities participating in the compliance and voluntary carbon markets for hedging, speculative and pre-compliance purposes. The US emissions trading physical oil and gas commodity trading advises clients on the structuring of innovative trades, advising on physical oil and gas commodity trading funds, advising on Kyoto Protocol projects outside the US, setting up template forms to enable buyers and sellers to transact carbon trade under a voluntary regulatory paradigm, conducting due diligence on voluntary carbon projects and advising large corporate entities on the physical oil and gas commodity trading of strategic compliance plans for an emerging carbon market.

Attorneys in this group are experienced in physical and financial carbon trades although the majority of the trades currently are physicaland US attorneys regularly work in both the voluntary and the compliance carbon markets involving the Kyoto Protocol and the EU Emissions Trading Scheme.

We help clients with various matters with physical oil and gas commodity trading National Futures Association and state-level commodity pool laws. We have negotiated master netting agreements for clients, and are conversant with all of the market standard forms and many proprietary forms. Many of these agreements have involved multiple affiliates located in several different countries and trading under a wide spectrum of master agreements. This website uses cookies to collect certain information about your browsing session.

By collecting this information, we learn how to best tailor this site to our visitors. To learn more, view our Cookies Policy. I Agree No Thanks. The combined firm brings together preeminent energy practices, as well as sophisticated capital markets, financial services and commercial litigation practices. Hunton Andrews Kurth has 1, lawyers operating from 15 domestic and five international locations.

Our new website, HuntonAK. In the meantime, please proceed to our site or visit andrewskurth. Atlanta Austin Bangkok Beijing. Boston Brussels Charlotte Dallas. Houston London Los Angeles Miami. New York Norfolk Raleigh Richmond. Energy Commodities Trading In the US and Europe, the commodities trading group supports energy-trading clients in financial and physical trades for energy commodities that include electricity, coal, lignite, crude oil, refined products, propane, natural gas and LNG.

Master Netting Agreements We have negotiated master physical oil and gas commodity trading agreements for clients, and are conversant with all of the market standard forms and many proprietary forms.

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