Latest Argus Stories

WILLOWBROOK, Ill., Aug. 5, 2011 /PRNewswire/ -- Midtronics, Inc. today announced a victory in its patent infringement case against Aurora Performance Products LLC, et al., (Argus Analyzers and BP Power). The decision upholds Midtronics' rights as the inventor of industry-leading technology in battery diagnostics. Following a bench trial and extensive post-trial briefing, Senior United States District Judge Milton I. Shadur issued his findings and opinion Wednesday, which he calls "a...

LONDON, Aug. 4, 2011 /PRNewswire/ -- International energy price reporting service Argus is extending its coverage of electricity markets to include Turkey from today. The expansion comes in response to growing demand for unbiased and independent information on wholesale prices, regulation and market developments in Turkey as investment in power generation and involvement in spot trading gather pace in the country's liberalising energy sector. Rising electricity demand in Turkey is being...

WASHINGTON, July 15, 2011 /PRNewswire/ -- Global energy price reporting agency Argus has launched coal price assessments for US Gulf coast exports at New Orleans and US east coast exports at Hampton Roads. With these assessments, Argus now publishes coal prices for all major Atlantic basin coal markets and adds to its industry leading selection of US and international coal price information. The US east coast, or fob Hampton Roads, assessments join Argus' successful metallurgical coal...

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,...

SINGAPORE, July 12, 2011 /PRNewswire/ -- In just three years, China has moved from being a major regional coal exporter to being a significant coal importer. This change, driven by soaring Chinese demand for coal-fired power, requires new approaches for pricing thermal coal imports by China. Argus, the leading independent global coal price reporting agency, launched the first major cfr south China assessment for thermal coal in March. With the support of large producers and buyers of...

LONDON, June 9, 2011 /PRNewswire/ -- Leading energy price reporting agency Argus today announced the acquisition of FMB Consultants Ltd (FMB), a provider of price reporting and market intelligence to the fertilizer and chemical industries. FMB is a leader in the provision of timely and accurate intelligence on the world fertilizer market. FMB's reports monitor global trade and pricing for nitrogen, phosphate, sulphur, potash and ammonia. Founded in 1982, FMB publishes 100 price references,...

SINGAPORE, June 6, 2011 /PRNewswire/ -- Global energy price reporting agency Argus has launched assessments for northeast Asian and Indian Group 3 base oil prices. With these assessments, Argus now publishes Group 3 prices for all the key global markets. The new assessments follow Argus' launch of European Group 3 base oil prices in May 2010 and US Group 3 prices in January 2011. The global price coverage coincides with surging demand for high-quality base oil feedstock in the US and...

HOUSTON, May 25, 2011 /PRNewswire/ -- International energy reporting agency Argus has named the Cedar Rapids and Iowa City Railway Company (CRANDIC) and Archer Daniels Midland (ADM) the winners of its Win-Win Award. The two companies received their award today at the North American Rail Shippers Association conference in San Francisco, California, in front of almost 300 railroad representatives and their customers. This is the second time the Iowa shortline has won the award. The annual...

Oregon's largest newspaper will use DTI Circulation to create new revenue. DTI's industry-leading circulation system will drive new revenue expansion for The Oregonian with third-party delivery options and enhanced marketing campaigns that retain and grow audience. Springville, Utah (PRWEB) May 11, 2011 The Oregonian and the Hillsboro Argus have signed a long-term agreement with Digital Technology International (DTIâ„¢) to implement DTI Circulation in DTI Cloud , the...

HOUSTON, April 19, 2011 /PRNewswire/ -- The Argus Sour Crude Index ("ASCI") futures contract recorded its first trade on the CME on Friday 15 April, with a total of 100,000 bl being traded for the May 2011 calendar month. The ASCI price, launched by international energy pricing agency Argus in May 2009, is used by Saudi Aramco, Kuwait Petroleum and Iraq's Somo to price all their exports to US customers. The ASCI price is a volume-weighted average of all daily physical transactions for...