Regulatory change: impact on major energy companies and challenges they face

Journal article

The international policy response to the fi nancial crisis in the 2000s has presented an extremely challenging agenda for the energy sector. On the whole, this challenge should be cautiously welcomed. Through these policy initiatives, society is demanding more of the fi nancial services sector in order to rebuild trust and to encourage improved market functioning in years to come. However, the energy sector should rightly look for, and assertively present, unintended consequences where it foresees them, as a means of constructive response. These concerns are: the result of commodity markets (including physical commodity markets) being made subject to the same regulations as other fi nancial markets, and the distinction between group funding activities for investment in exploration and production, from physical commodity trading.

Authors: Hill, J

• Publication status: Published
• Peer review status: Peer reviewed
• Publisher: Oxford Institute for Energy Studies
• Journal: Oxford Energy Forum
• Issue: 103
• Pages: 20-24
• Publication date: 2015-12-01
• ISSN: 0959-7727
• Keywords: OIES; Oxford Energy Forum