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Latest Argus Media Stories

2011-07-13 14:00:00

LONDON, July 13, 2011 /PRNewswire/ -- The first paper swap for rapeseed methyl ester (RME) has traded against the Argus Renewable Energy Directive (RED)-compliant physical biodiesel price series. Total bought the October swap from another oil major at a $550/t premium to Ice gasoil futures through brokerage TFS. The swap will be settled against a new assessment that Argus will introduce on 3 October. Argus will introduce additional Rotterdam barge assessments for physical RME, FAME zero,...

2011-01-05 11:17:00

HOUSTON, Jan. 5, 2011 /PRNewswire/ -- International energy pricing agency Argus today launched North American wood chip assessments. This expansion into US and Canadian wood chip pricing complements Argus' coverage of US wood pellet prices and its broader European biomass indexation. "Argus understands the global significance of renewable fuels, and we are pleased to be at the forefront, providing transparency to emerging biomass markets," Argus Media chairman and chief executive, Adrian...

2010-11-18 07:18:00

LONDON, Nov. 18, 2010 /PRNewswire/ -- Global energy price reporting agency Argus today announces settlement of its legal dispute with foreign exchange and commodity broker Tradition Financial Services (TFS). Argus brought proceedings against TFS in the High Court last year, alleging copyright infringement and breach of contract in respect of various Argus publications. TFS has agreed to a court order under which it undertakes not to infringe Argus' copyright in relation to the...

2010-07-21 10:57:00

LONDON, July 21 /PRNewswire/ -- Global energy price reporting agency Argus welcomes clarification in the financial reform act that innocent mistakes in communicating with price reporting agencies will not breach anti-market manipulation regulations. Participants in spot energy and commodity markets had voiced fears that an anti-market manipulation clause contained within the bill could deter companies from sharing price and transactional information with price-reporting agencies. But the...

2010-04-06 04:17:00

LONDON, April 6 /PRNewswire/ -- Argus has appointed Roddy Kennedy, the former head of media relations at BP, as a non-executive board director. "Roddy is a welcome addition to the Argus board of directors. Having worked closely with three chief executives at BP over the last two decades, Roddy brings a wealth of experience and a unique perspective of the energy world to Argus," Argus Media chairman and chief executive Adrian Binks says. Roddy joined BP in 1978 to edit a shipping...

2009-12-01 05:55:00

LONDON, Dec. 1 /PRNewswire/ -- The Belgian ministry of economic affairs said that from today it will use Argus prices in its formula to set the maximum values that can be charged for petroleum products and liquefied petroleum gas (LPG) within Belgium. Belgium introduced price controls for petroleum products after the oil price shock of 1973-74. The government uses an independent price reference to set a maximum price. For the last 35 years, the Belgian ministry of economic affairs has used...

2009-11-24 04:10:00

MOSCOW, Nov. 24 /PRNewswire/ -- Argus, the international energy price reporting agency, has begun regular coverage of the new Russian East Siberia-Pacific Ocean (ESPO) Blend crude oil. Reliable information on prices, loadings, shippers, pipeline tariffs and market development will be available to subscribers of the Argus Crude daily market report. The completion of the ESPO pipeline will enable exports of Russian crude from a new oil terminal at Kozmino in Russia's far east. Kozmino is...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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