Brow-mopping after Mifid II start
European companies have recast their risk-management and hedging systems in line with last-minute Mifid II preparations
Energy firms and regulators in the European Union have been dealing with the impacts of the second Markets in Financial Instruments Directive (Mifid II) since it started to take shape more than two years ago. The directive, which came into force on 3 January, had financial traders across the EU—and beyond—panicking about not only the changes to the shape of markets, but also the reporting requirements that the regulations demanded. For energy companies specifically, the position-limits regime, which dictates commodity instrument exposures, had many concerned that their ability to risk-manage using financial tools would have gross impacts on the shape of markets. Some even went as far as to s
Also in this section
20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment
