Latest Argus Stories

HOUSTON, Oct. 5 /PRNewswire/ -- Argus, the international energy price reporting agency, today launches Argus Natural Gas Americas, a new daily publication covering the spot markets in North American natural gas. The addition of natural gas means Argus now provides pricing intelligence for all the major energy markets in North America. Argus is already a leading provider of pricing data in European natural gas, power, coal, biomass and emissions markets. "Natural gas in North America has...

LONDON, Sept. 11 /PRNewswire/ -- Argus has launched weekly coverage of Russia's electricity and power generation fuel markets in response to power market deregulation and the lack of independent price information. Argus Russian Generation Fuels and Power includes price data for electricity and power generation fuel markets in Russia -- including coal, natural gas and fuel oil. The Russian language weekly report publishes news, analysis and detailed industry statistics. Russia is one of the...

LONDON, Sept. 4 /PRNewswire/ -- Argus, the international energy pricing agency, has launched daily coverage of the Italian over-the-counter (OTC) wholesale electricity market in response to increasing volumes of trade. On 1 September 2009, Argus began publishing price assessments for month-ahead, quarter-ahead and year-ahead contracts traded in the OTC market, as well as market commentary. OTC trading volumes in Italy, Europe's fourth-biggest consumer of electricity, have risen in recent...

LONDON, Aug. 30 /PRNewswire/ -- Argus today issued its response to the European Commission's consultation on over-the-counter (OTC) derivatives market regulation. Argus noted that OTC commodity derivatives, especially energy derivatives, are inherently more robust than financial derivatives. They are underwritten by the physical asset and are therefore not subject to the same degree of systemic risk as purely financially based derivatives. Argus advised the commission that regulators...

WASHINGTON, Aug. 28 /PRNewswire/ -- (Argus) - The US Federal Energy Regulatory Commission (Ferc) has approved natural gas indexes published by international energy pricing agency Argus for use in jurisdictional tariffs. Argus' new natural gas price indexes -- launched in July -- provide increased transparency in nearly 80 of the most liquid trading hubs in North America. The indexes are volume-weighted averages compiled from transactional data submitted directly by non-commercial...

SINGAPORE, July 14 /PRNewswire/ -- Argus Media, the leading energy price reporting agency, will assess Australian North West Shelf (NWS) condensate as a differential to Atlantic basin marker North Sea Dated in response to the increasing use of North Sea Dated-linked prices in Asia-Pacific crude trade.More Asia-Pacific crudes are trading at prices linked to North Sea Dated, amid dissatisfaction with regional benchmarks. Australian NWS condensate is increasingly being sold at North Sea...

LONDON, June 18 /PRNewswire/ -- Ron Mobed has joined Argus as a non-executive board director. He was previously at business information company IHS. Adrian Binks, the chairman and chief executive of Argus Media, said: "Ron will bring nearly 30 years of energy industry expertise to the board and we are delighted to announce his appointment. Argus is always keen to draw on outside experience to develop its business, create new services for the energy industry and ensure that the quality of...

WASHINGTON, June 11 /PRNewswire/ -- Argus Rail Business, a specialist business publication covering the freight rail industry published by Argus Media, has named the Michigan Shore Railroad and Sargent Sand as the winners of its prestigious Win-Win Award. Launched in 1998, the annual award is given to railroads, shippers and organizations that develop innovative partnerships leading to improved service, efficiency and other mutually beneficial service advancements. The latest award...

LONDON, June 5 /PRNewswire/ -- A new Russian crude price benchmark based on Asia-Pacific spot sales could soon emerge, according to an Argus presentation at the prestigious St Petersburg International Economic Forum in front of Russian president Dmitry Medvedev. The completion of the East Siberia-Pacific Ocean pipeline will enable exports of Russian crude from a new oil terminal at Kozmino in Russia's far east. Russian crude is predominantly sold to markets in Europe and the US, where...

WASHINGTON, May 1 /PRNewswire/ -- Argus Media testified at a Senate roundtable last week to urge Congress to take action on emissions trading, because Environmental Protection Agency (EPA) rules may be subject to further legal challenge. A three-pollutant bill for SO2, NOx and mercury incorporating existing SO2 allowances is needed to maintain confidence in the use of cap-and-trade to control emissions under the Clean Air Act, Argus business development manager Caroline Gentry said. A...