In this episode of The Price of Everything, we're returning to Sustainable Aviation Fuel (SAF). The SAF landscape is very fresh and emerging as a real focal point in the energy transition space, so there are various ways to look at the SAF market. Our guest for this episode is going to help us view SAF from a project finance side. John May, Managing Director at Hamilton Clark Sustainable Capital, Inc. is known as perhaps known as the world's leading project financier for SAF project development....
Jun 25, 2024•49 min•Season 2Ep. 5
For the carbon-intensive energy sources being transitioned away from, commoditisation is far more advanced. But pricing and standards rarely stand still for long and the era of energy transition will challenge existing norms like never before. Oil markets have long been at the vanguard of pricing evolution, and from time to time, we’ll delve into these markets to learn how they may evolve over the transition and ask if they can offer any lessons to those vying to replace them. Producing and tran...
Jun 11, 2024•37 min•Season 2Ep. 4
Across the energy transition landscape, few markets are expecting the journey to reduce emissions to be plain sailing. In this episode of the podcast, we're looking at the marine fuels (bunker fuels) space, and like the other markets we've considered so far, particularly SAF, there are a number of challenges including changing fuels, adapting infrastructure, and regulatory dimensions. David is joined by co-host, Eesha Muneeb , VP Crude at General Index, and guest Rustin Edwards, Head of Energy P...
May 14, 2024•31 min•Season 2Ep. 3
In the landscape of the energy transition, one sector that is harder to reduce carbon emissions than others, is the aviation industry. The challenge has been set, the big goal for the aviation sector is net zero by 2050, and amid the range of routes to achieve that are alternative fuels – namely SAF. Joining us for this episode and taking us through the SAF markets is Kasper Spitzen from SkyNrg. This episode of The Price of Everything was introduced and presented by Neil Bradford and David Elwar...
Apr 11, 2024•36 min•Season 2Ep. 2
Across the energy transition landscape, few markets have attracted as much fanfare and derision in recent years as Voluntary Carbon. “The VCM” as it’s commonly known, has been on a rollercoaster ride. Carbon markets and emissions offsetting which have been around for decades have exploded onto the scene as a way for seemingly anyone and everyone wanting to reduce their carbon footprint. One firm looking to help VCM turn this corner and encourage better standards is BeZero Carbon. GX and BeZero r...
Mar 12, 2024•43 min•Season 2Ep. 1
In this special episode of The Price of Everything, we discuss changes afoot in the European gasoline market and how General Index is pitching an exciting new model for pricing the key regional ‘Eurobob’ benchmarks. This episode of The Price of Everything is introduced by Neil Bradford and presented by David Elward . The guest was Saket Vemprala . It was produced by Andrew Wheeler in collaboration with Sassy Clyde of Janno Media . Saket Vemprala is Managing Director, Europe & Africa Markets ...
Jul 17, 2023•32 min•Season 1Ep. 10
In the fifth episode of a brand-new podcast from General Index, we discuss the future of the Brent benchmarks. Missed part 1? Listen on Spotify Listen on Apple Part 2: In the second of a two-parter, we continue to discuss the proposals to reform Dated Brent, ponder what lies beyond Brent, and, as we reach the end of the series, ask has it been an effective pricing tool? This episode of The Price of Everything is introduced by Neil Bradford and presented by David Elward . The guests were Dr. Adi ...
Jan 13, 2023•35 min•Season 1Ep. 9
In the fifth episode of a brand-new podcast from General Index, we discuss the future of the Brent benchmarks. Part 1: In the first of a two-parter, we unpack the galaxy of Brent prices, explore the impact of declining North Sea oil production, and consider the latest proposals to reform the Dated Brent benchmark. This episode of The Price of Everything is introduced by Neil Bradford and presented by David Elward . The guests were Dr. Adi Imsirovic and Saket Vemprala . It was produced by Andrew ...
Jan 13, 2023•33 min•Season 1Ep. 8
In the fourth episode of a brand-new podcast from General Index, we speak to the former head of the world’s largest crude oil trading business about his long career and explore how the Brent benchmark evolved to stay relevant. Missed part 1? Listen on Spotify Listen on Apple Part 2: In the second of a two-parter, we discuss Mark’s recollections of Brent reform in the early 2000s, and we get his verdict on the benchmark’s remarkable survival story. This episode of The Price of Everything is intro...
Jan 13, 2023•31 min•Season 1Ep. 7
In the fourth episode of a brand-new podcast from General Index, we speak to the former head of the world’s largest crude oil trading business about his long career and explore how the Brent benchmark evolved to stay relevant. Part 1: In the first of a two-parter, we explore how Mark first got interested in oil, how he made the leap into trading from refining, and discuss Shell’s role in Brent market standardisation. This episode of The Price of Everything is introduced by Neil Bradford and pres...
Jan 13, 2023•31 min•Season 1Ep. 6
In the third episode of a brand-new podcast from General Index, we discuss the origins of the Dated Brent benchmark. In this episode, we return to the 1980s to explore the background to the Dated Brent benchmark, the role of the PRAs, and why price benchmarks became integral to the functioning of oil markets. This episode of The Price of Everything is introduced by Neil Bradford and presented by David Elward . The guest was John Kingston. It was produced by Andrew Wheeler in collaboration with S...
Jan 13, 2023•19 min•Season 1Ep. 5
In the second episode of a brand-new podcast from General Index, we discuss the discovery of North Sea oil in the 1970s, and the early years of Brent crude trading and the rise of the famous price benchmark in the 1980s. Missed part 1? Listen on Spotify Listen on Apple Part 2: In the second of a two-parter, we explore the proliferation of trading around Brent crude oil, the role of the so-called ‘Wall Street Refiners’, and our guests offer their take on the Brent benchmark. This episode of The P...
Jan 13, 2023•32 min•Season 1Ep. 4
In the second episode of a brand-new podcast from General Index, we discuss the discovery of North Sea oil in the 1970s, and the early years of Brent crude trading and the rise of the famous price benchmark in the 1980s. Part 1: In the first of a two-parter, we discuss the North Sea oil discoveries, the role of the British National Oil Corporation (BNOC) in pricing, and why London made sense as the hub for a new industry of oil trading. This episode of The Price of Everything is introduced by Ne...
Jan 13, 2023•32 min•Season 1Ep. 3
In the first episode of a brand-new podcast from General Index, we discuss the history of oil pricing and the background to the famous Brent crude price benchmark with Dr Adi Imsirovic. Part 2: In the second of a two-parter, we discuss how the oil trade grew outside of the USA in the years around WWI-WWII, the IOCs vs NOCs, price benchmarks in the 1970s/80s, and the factors behind the growth of ‘free’ oil markets which lay the groundwork for the Brent benchmark to emerge. Missed part 1? Listen o...
Jan 13, 2023•34 min•Season 1Ep. 2
In the first episode of a brand-new podcast from General Index, we discuss the history of oil pricing and the background to the famous Brent crude price benchmark with Dr Adi Imsirovic. In the first of a two-parter, we return to the 1860s and the origins of the modern traded market, find out who were the ‘Dump Men’ of Oil Creek, and explore the role of Standard Oil and Rockefeller on pricing. This episode of The Price of Everything is introduced by Neil Bradford and presented by David Elward . T...
Jan 10, 2023•26 min•Season 1Ep. 1
