Argus Media

Argus Media Ltd, previously called Petroleum Argus Ltd, is an independent media company based in London, England. With a team of over 700 full-time employees, Argus has offices located in major energy hubs around the globe. The company primarily focuses on producing market reports that include price assessments, market analysis, news updates, and business intelligence reports that explore trends in both the market and the industry. A significant portion of Argus' workforce consists of commodity journalists who are experts in delivering news and price data about physical energy and associated commodity markets.

International, Trade/B2B

English

Online/Digital

Outlet metrics

Domain Authority

Ranking

Global

#123672

United States

#95006

Heavy Industry and Engineering/Energy Industry

#272

Traffic sources

Monthly visitors

Articles

US gas market fundamentals ‘balanced’: EQT

Feb 14, 2024 | argusmedia.com | Julian Hast

The largest US natural gas producer by volume assured investors today that the pace of US gas production is appropriate relative to demand, despite benchmark prices hitting fresh three-year lows this week. US gas storage being 10.6pc above the five-year average "is really just the result of a really warm El Niño winter," EQT chief financial officer Jeremy Knop said, referring to the weather pattern partly responsible for recent months being the warmest ever recorded.
Shell exits talks over major petchem plant in Iraq

Feb 14, 2024 | argusmedia.com | Bachar Halabi

Shell said today it will withdraw from talks to build a petrochemicals plant in Iraq's southern oil hub of Basra after nearly 10 years of trying to get the project off the ground, dealing a blow to Baghdad's aim of driving foreign investment in its energy sector. "After in-depth evaluation on the feasibility of the Nebras integrated petrochemicals complex with our government partners, Shell has decided not to proceed with the project," Shell said.
UAE sets up Cop 'troika' to keep climate momentum

Feb 13, 2024 | argusmedia.com | Bachar Halabi

UN climate summit Cop 28 president Sultan al-Jaber has set up a group — dubbed the troika — linking the UAE presidency with the Cop 29 Azerbaijan and Cop 30 Brazil presidencies in a bid to maintain political momentum into 2025. "We must keep the political momentum and Cop continuity going," al-Jaber said at the World Government Summit in Dubai.
US Senate approves Ukraine, Israel military aid

Feb 13, 2024 | argusmedia.com | Haik Gugarats

The US Senate today approved President Joe Biden's request for a massive military aid package for Ukraine and Israel, while the Republicans in the House of Representatives vowed to reject it. The Senate measure would allocate around $60bn in military aid for Ukraine, $14bn for Israel, in addition to providing $9bn in humanitarian aid to Gaza and other global crisis spots. The bill is substantially the same as requested by Biden in October, but it took an unusual journey to getting approved.
SK On secures natural graphite from US’ Westwater

Feb 12, 2024 | argusmedia.com | Joseph Ho

South Korean battery manufacturer SK On has secured the option to source natural graphite anode products from US-based mineral company Westwater Resources through a conditional offtake agreement. The expanded partnership comes after the two firms agreed last year to jointly develop anode materials that will be customised for SK On's batteries.
Iran eyes refining tie-ups to shield it from sanctions

Feb 12, 2024 | argusmedia.com | Nader Itayim

Decades of operating under some of the most stringent sanctions in history has given Iran's oil sector plenty of time to hone its coping strategy, establishing ways to keep crude exports flowing by at least enough to keep the country's hydrocarbon-driven economy ticking over.
Vitol to buy controlling stake in Italian refiner Saras

Feb 12, 2024 | argusmedia.com | Stephen Jewkes

Trading firm Vitol has agreed to buy a controlling stake in Italian refiner Saras and take it private in a move that will lift the commodity giant's investments in refining capacity to over 800,000 b/d and grow its footprint in the Mediterranean. In a deal with Saras' largest shareholder, the Moratti family, Vitol has committed to buy a 35pc stake at €1.75/share with the possibility of buying a further 5pc covered by a derivative contract and held by one of the family.
Biden promotes Phillips to full chair of FERC

Feb 9, 2024 | argusmedia.com | Chris Knight

President Joe Biden has named Willie Phillips as chair of the US Federal Energy Regulatory Commission (FERC), a promotion from his last year serving as "acting chair" oftheindependent agency that oversees the electric grid, pipelines and LNG export facilities.
India's Gail to issue more US LNG swap tenders

Feb 9, 2024 | argusmedia.com | Rituparna Ghosh

Indian state-controlled gas distributor Gail will issue more LNG tenders to swap US term cargoes with supplies closer to India for the next few months, as long as tensions in the Red Sea persist. India's US LNG imports have reduced as cargoes have faced difficulty in transiting via the Suez canal.
Saudi Aramco eyes downstream investments in India

Feb 7, 2024 | argusmedia.com | Rithika Krishna |Rituparna Ghosh

State-controlled Saudi Aramco is in "serious" investment discussions with companies in India, the firm's downstream vice president Faisal Faqeer said, as the country looks to secure refining and petrochemical deals across Asia-Pacific. The company which has already bolstered its presence in China, hopes to "see more announcements on investments in Indian companies", Faqeer told India Energy week in Goa on Wednesday.