Argus Media

Bolivia switches to Argus for oil pricing

Retrieved on: 
Wednesday, April 24, 2024
YPFB, Gasoline, Argus Media

HOUSTON, April 24, 2024 /PRNewswire/ -- Bolivian state-owned oil company YPFB has switched to global energy and commodity price reporting agency Argus as the basis for pricing imported supplies of crude and petroleum products.

Key Points: 
  • HOUSTON, April 24, 2024 /PRNewswire/ -- Bolivian state-owned oil company YPFB has switched to global energy and commodity price reporting agency Argus as the basis for pricing imported supplies of crude and petroleum products.
  • YPFB will issue tenders to buy crude, diesel, gasoline and naphtha using Argus US Gulf coast prices as the contractual reference.
  • Most oil imports to Bolivia come from the US Gulf coast, so pricing based on this region accurately reflects real supply and demand fundamentals.
  • Argus Media chairman and chief executive Adrian Binks said: "We are delighted that YPFB has chosen to rely on Argus prices.

Argus launches SAF ARA on its price discovery platform

Retrieved on: 
Monday, April 22, 2024
ARA, Argus Media, Ester, Dicarboxylic acid, Biofuel, HVO, RME, Argus, AOM, FAME, European, SAF, Growth, Aviation, UCO, Airline

LONDON, April 22, 2024 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel (SAF) prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe.

Key Points: 
  • LONDON, April 22, 2024 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has extended its Argus Open Markets (AOM) real-time electronic price discovery platform to sustainable aviation fuel (SAF) prices from the Amsterdam-Rotterdam-Antwerp (ARA) hub in Europe.
  • The launch of SAF ARA on AOM on 11 April saw offers posted on the first day, and lively activity followed in the second session.
  • In addition to SAF, Argus publishes assessments for other hydrotreated renewable fuels, such as hydrotreated vegetable oil (HVO), bionaphtha and biopropane.
  • Argus successfully extended its AOM real-time electronic price discovery platform to HVO on a fob ARA basis in 2020, and the platform now sees daily activity in that field.

ICIS and Base Oil News Announce Partnership to Enhance Market Insights

Retrieved on: 
Thursday, March 28, 2024
Argus Media, Partnership, Bloomberg, ICIS, News, Lubricant, Journalism

LONDON, March 28, 2024 /PRNewswire/ -- ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News , a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market.

Key Points: 
  • LONDON, March 28, 2024 /PRNewswire/ -- ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News , a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market.
  • Through the collaboration, Iain integrates ICIS' extensive content and data resources in Base Oil News market coverage.
  • In return, he contributes market insights to ICIS News , including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers.
  • "It's a very exciting partnership - where we leverage each other's strengths and provide actionable insights to our customers," said Iain Pocock, Founder of Base Oil News.

ICIS and Base Oil News Announce Partnership to Enhance Market Insights

Retrieved on: 
Thursday, March 28, 2024
Argus Media, Partnership, Bloomberg, ICIS, News, Lubricant, Journalism

LONDON, March 28, 2024 /PRNewswire/ -- ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News , a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market.

Key Points: 
  • LONDON, March 28, 2024 /PRNewswire/ -- ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News , a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market.
  • Through the collaboration, Iain integrates ICIS' extensive content and data resources in Base Oil News market coverage.
  • In return, he contributes market insights to ICIS News , including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers.
  • "It's a very exciting partnership - where we leverage each other's strengths and provide actionable insights to our customers," said Iain Pocock, Founder of Base Oil News.

Argus launches first low and zero-carbon nitrogen fertilizer assessments

Retrieved on: 
Thursday, March 21, 2024
Carbon, Argus Media, Argus, CBAM, Natural gas, ETS, Fertilizer

LONDON, March 21, 2024 /PRNewswire/ -- Global energy and commodity price reporting service Argus today launches the world's first assessments for low and zero-carbon calcium ammonium nitrate (CAN), an important nitrogen-based fertilizer used extensively in Europe.

Key Points: 
  • LONDON, March 21, 2024 /PRNewswire/ -- Global energy and commodity price reporting service Argus today launches the world's first assessments for low and zero-carbon calcium ammonium nitrate (CAN), an important nitrogen-based fertilizer used extensively in Europe.
  • The fertilizer industry is addressing the need to decarbonise, and nitrogen fertilizers are responsible for the majority of its direct and indirect emissions.
  • Argus is also publishing new calculated CAN assessments that anticipate the introduction of the EU's Carbon Border Adjustment Mechanism (CBAM) in 2026.
  • Argus Media chairman and chief executive Adrian Binks said: "We have worked with the nitrogen fertilizer industry to identify the markets where it needs increased transparency and clarity.

Argus launches first Canadian CFR road fuel spot price assessments

Retrieved on: 
Thursday, February 29, 2024
LCFS, Gasoline, News, Argus Media, Ethanol, CFR, Carbon, Renewable energy

HOUSTON, Feb. 29, 2024 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has launched a Canadian Clean Fuel Regulation (CFR) spot market assessment to bring new price transparency to the supply chain and enable fuel manufacturers to understand the cost of complying with environmental legislation for each litre of gasoline or diesel they sell.

Key Points: 
  • HOUSTON, Feb. 29, 2024 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has launched a Canadian Clean Fuel Regulation (CFR) spot market assessment to bring new price transparency to the supply chain and enable fuel manufacturers to understand the cost of complying with environmental legislation for each litre of gasoline or diesel they sell.
  • The new daily price represents the first assessment of the Canadian CFR market underpinned by traditional survey assessment methodology.
  • Argus Media chairman and chief executive Adrian Binks said: "The significant changes under way in low carbon fuel standard (LCFS) programs in North America make Argus price assessments, news and analysis of these markets essential.
  • It assesses the Canadian CFR market and offers four quarters of pricing for California's LCFS and Oregon's Clean Fuels Program.

Argus expands WTI decade assessments at the US Gulf coast

Retrieved on: 
Friday, January 26, 2024
Permian, Argus Media, Risk management, Date, WTI, Oil

HOUSTON, Jan. 26, 2024 /PRNewswire/ -- Global energy and commodity price reporting agency Argus is today launching two new prices for WTI light sweet crude oil cargoes loading for export at the US Gulf coast, in step with the growing sophistication and liquidity of the US crude export market.

Key Points: 
  • The new assessments are for WTI cargo prices trading in 10-day loading windows in the month following the prompt trade cycle, bringing increased transparency for market participants that wish to secure US Gulf coast crude supplies further in advance.
  • Open interest on futures contracts for WTI Houston and WTI Midland settling against Argus assessments has risen to well over 650,000 lots, making them among the world's largest oil derivatives markets.
  • "We are pleased to have responded to requests from market participants to expand our WTI decade assessments at the US Gulf coast, which will facilitate greater precision in pricing both physical and derivatives contracts and help this increasingly important market evolve."
  • Argus launched WTI decade assessments covering the first three 10-day periods of the month in November 2022.

Argus launches nature-based removal prices for the voluntary carbon market

Retrieved on: 
Monday, January 22, 2024
Carbon, Argus Media, REDD, Wind, Renewable energy, Geography, Afforestation, ARR, Forest degradation, Blue carbon, Envira, Automation, VCM

Argus publishes prices for three distinct project types: Improved Forest Management (IFM); Afforestation, Reforestation and Revegetation (ARR) and Blue Carbon, each with detailed breakdowns by geography and vintage.

Key Points: 
  • Argus publishes prices for three distinct project types: Improved Forest Management (IFM); Afforestation, Reforestation and Revegetation (ARR) and Blue Carbon, each with detailed breakdowns by geography and vintage.
  • But recent market developments have created a need for insight on increasingly liquid nature-based emission removal projects.
  • As such, Argus' carbon credit prices are stratified by project type, vintage and geography to produce assessments more closely aligned with market liquidity.
  • Our new nature-based removal prices are underpinned by our robust and transparent assessment methodology and reflect input from physical buyers and sellers from the voluntary carbon market."

Argus announces strategic agreement to support next phase of growth

Retrieved on: 
Monday, January 22, 2024
Slate, Argus Media, LLP, Partnership, Intelligence, Data science, Morgan Stanley, White & Case, Risk management, White, Transport, J. P. Morgan, General Atlantic, Pleasure, News, Climate, Growth, Renewable energy

LONDON, Jan. 22, 2024 /PRNewswire/ -- The Argus Media Group ("Argus" or the "Company"), the leading independent provider of intelligence to the global energy and commodity markets, today announces that it has signed a strategic agreement to support its next phase of growth. Adrian Binks, chairman and chief executive of Argus, along with General Atlantic, a leading global growth investor and existing Argus minority shareholder, will each consolidate their stakes in Argus, with General Atlantic and Argus itself acquiring shares from current minority shareholder, Hg.

Key Points: 
  • LONDON, Jan. 22, 2024 /PRNewswire/ -- The Argus Media Group ("Argus" or the "Company"), the leading independent provider of intelligence to the global energy and commodity markets, today announces that it has signed a strategic agreement to support its next phase of growth.
  • Adrian Binks, chairman and chief executive of Argus, along with General Atlantic, a leading global growth investor and existing Argus minority shareholder, will each consolidate their stakes in Argus, with General Atlantic and Argus itself acquiring shares from current minority shareholder, Hg.
  • Adrian Binks, Chairman and Chief Executive of Argus Media, commented: "We are delighted that General Atlantic remains a committed partner to Argus in the next phase of our growth.
  • Since General Atlantic's investment in 2016, Argus has more than doubled in size and has accelerated its organic growth.

Argus launches daily German HVO prices

Retrieved on: 
Wednesday, January 17, 2024
Argus Media, CO2, Aviation, FAME, Biofuel, Government, Acceleration, RME, HVO, GHG, ARA, Renewable energy

HAMBURG, Germany, Jan. 17, 2024 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has launched daily prices for German hydrotreated vegetable oil (HVO), bringing new price transparency to the physical supply chain of rates at the point of truck loading in Europe's biggest energy market.

Key Points: 
  • The prices are for HVO truck sales including energy tax and the value of greenhouse gas (GHG) emissions savings.
  • The German market for HVO is growing rapidly and further acceleration is expected in 2024, when the government is scheduled to permit unrestricted HVO sales at filling stations.
  • Our new German HVO prices have been launched in response to feedback from market participants across the industry and bring much needed transparency to this rapidly growing market.
  • Argus' new assessments for HVO in Germany join a suite of hydroprocessed biofuels prices including four classes of Argus wholesale HVO fob ARA prices, in addition to prices for Asian HVO and US renewable diesel.