Date | Title | Description |
05.03.2025 | Make America Cheap Again: How Trump’s Tariffs Will Impact Food Tech & Alternative Protein | 7 Mins Read Food prices are skyrocketing in the US, and President Donald Trump’s tariffs on its neighbours and China could make it harder to access alternative proteins when they’re needed more than ever.
The continued discourse against ult... |
26.02.2025 | EU's Energy Pivot: A New Dawn Amidst Turmoil | The European Union stands at a crossroads. The war in Ukraine has forced a seismic shift in energy policy. No longer can Europe rely on Russian gas. The stakes are high, and the clock is ticking. By 2027, the EU aims to sever ties with Russ... |
22.02.2025 | EU to pare back sustainability rules for companies, draft shows | EU to pare back sustainability rules for companies, draft shows
By Kate Abnett and Virginia FurnessFebruary 22, 20256:31 PM UTCUpdated ago
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European Union flags fly ... |
21.02.2025 | EU seeks more US gas, renewable energy to replace Russian supplies | EU seeks more US gas, renewable energy to replace Russian supplies
By Kate AbnettFebruary 21, 20256:16 AM UTCUpdated ago
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Model of natural gas pipeline and EU flag, ... |
19.11.2024 | COP29 Digest, Vol 3: Everything You Need to Know in Food and Climate News Today | 4 Mins Read Welcome to Volume 3 of Green Queen’s #COP29 Digest. Here, our editorial team curates the must-reads, the must-bookmarks and the must-knows from around the interwebs to help you ‘skim the overwhelm’.
Catch up: VOLUME 1 – VOLUME 2... |
03.04.2024 | Europe's restless farmers are forcing policymakers to act | EuropeEurope's restless farmers are forcing policymakers to act
By Kate AbnettApril 3, 20245:20 AM UTCUpdated ago
Tractors stand on a street during a protest by Belgian farmers over price pressures, taxes and green regulation, on the day of... |
04.03.2024 | Trade body acknowledges product dumping in the UK. | The United Kingdom Lubricants Association(UKLA) acknowledge destructive effect of engine oils being sold at half UK manufacturers costs. WAKEFIELD, WEST YORKSHIRE, UNITED KINGDOM, March 4, 2024 /EINPresswire.com/ -- In a presentation at the... |
08.01.2024 | Distinguished Panel to Host Virtual Discussion COP28 Outcomes and Their Impact on the Energy Sector | Discussion Panel COP28 Outcomes -Post Webinar
ZE Data We Get It
Argus Media
Argus Media, ZE PowerGroup Inc., and Alessandro Vitelli to Host Virtual Panel Discussion on COP28 Outcomes and Their Impact on the Energy Sector RICHMOND, BC, CANAD... |
31.01.2023 | Argus launches world's first biofuel blended ship bunker price | SINGAPORE, Jan. 31, 2023 /PRNewswire/ -- Global energy and commodity price reporting agency Argus today launched the world's first independently assessed price for ship fuel that includes a biofuel component. The new B24 daily assessment re... |
31.01.2023 | Argus launches world's first biofuel blended ship bunker price | SINGAPORE, Jan. 31, 2023 /PRNewswire/ -- Global energy and commodity price reporting agency Argus today launched the world's first independently assessed price for ship fuel that includes a biofuel component. The new B24 daily assessment re... |
22.11.2022 | Argus approves 12 US export terminals for inclusion of Midland WTI in North Sea crude assessment | The approval paves the way for Midland-quality WTI crude to be included in Argus North Sea dated from May 2023
LONDON and HOUSTON, Nov. 22, 2022 /PRNewswire/ -- Global commodity price reporting agency Argus will include light sweet Midland ... |
24.10.2022 | Argus launches large cargo diesel price assessments | As Europe prepares to replace Russian diesel, market participants increasingly turn to larger cargoes for imports
LONDON, Oct. 24, 2022 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has launched price assessments ... |
18.10.2022 | C6-Zero to Present at Argus U.S. Summit | Flagship industry event highlights alternative marine fuel and bunker industry leaders
C6-Zero’s advanced bunker-fuel blending stock's unique properties make it a great example of the innovative products the circular economy can develop for... |
13.10.2022 | Crisis-hit Sri Lanka — which ran out of fuel earlier this year — snaps up cheap Russian oil for the first time ever | Sri Lanka has been buying large amounts of Russian crude since March 2022.
The island nation is in an economic crisis and fell into default in May.
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Debt-laden Sri Lanka has been buying up large amounts of discounted Russian oi... |
04.10.2022 | Argus extends decarbonised hydrogen market coverage | New costs for hydrogen production from coal, additional "green" hydrogen costs and decarbonisation spreads
LONDON, Oct. 4, 2022 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has launched a suite of new h... |
21.04.2022 | First trade for Argus China LPG swap | BEIJING, April 21, 2022 /PRNewswire/ -- The first swap for LPG priced against the Argus Ningbo Index, covering propane delivered at the eastern Chinese port of Ningbo, was traded on 20 April.
Swaps are a risk management tool enabling buyers... |
02.04.2022 | Layoffs in China’s Tech Sector Stoke Larger Unemployment Fears | China’s tech sector, which has in the past decade been one of the strongest job-creating sectors in the world’s second-largest economy, is now laden with stories about frozen headcounts and mass layoffs as tech giants grapple with regulator... |
27.02.2022 | Caribbean Food Security Likely To Be Impacted By Russia-Ukraine Conflict | Caribbean consumers might soon experience more food price increases due to the Russia-Ukraine ... [+] conflict. (Photo by David de la Paz/Xinhua via Getty Images)Xinhua News Agency via Getty Images |
11.02.2022 | India's NMDC to begin steel plant operations from July | India's largest iron ore producer state-controlled NMDC's 3mn t/yr Nagarnar iron and steel plant in Chhattisgarh will begin operations from July this year.
"We have started the coke oven heating process [in the steel plant], and we are... |
11.02.2022 | India's JSW Steel lifts January output by 15pc on year | Indian private-sector producer JSW Steel raised its January crude steel output by 15pc on the year to 1.65mn t on the back of its Dolvi plant expansion in Maharashtra state.
Its crude steel output also rose by 8pc on the month. Production o... |
11.02.2022 | Duke Energy to retire coal fleet by 2035 | US utility Duke Energy says it will stop burning coal by 2035, 13 years earlier than previously planned, as part of an expanded clean energy action plan.
The plan also calls for cutting coal's share of Duke's energy mix to less than 5pc by ... |
10.02.2022 | Lack of Santa Catarina gas transport a concern | A lack of natural gas infrastructure in Santa Catarina, Brazil, is hindering competition and forcing industrial consumers to seek other energy sources.
Industries in the state suffer from a lack of gas supply, said Otmar Müller, president o... |
10.02.2022 | Weight of Freight: Suezmax rates not reacting to Opec+ March crude hike | Author Surbhi Prasad, Senior Reporter, Freight and Andrew Khaw, Editor, Asia Freight
Mideast Gulf Suezmax rates have been under pressure since the start of 2022 and have yet to react to Opec+'s decision to further increase its crude supplie... |
10.02.2022 | Japanese buyers downplay LNG diversions to Europe | Japanese utilities have shrugged off the prospect of their LNG supplies being diverted to Europe, arguing that their domestic requirements will take precedence with forecast cold weather in Japan expected to weigh further on already deplete... |
10.02.2022 | Opec holds demand growth outlook for 2022 steady | Opec has again left its outlook for global oil demand growth unchanged, while signalling optimism about prospective increases in transport fuel consumption.
In its latest Monthly Oil Market Report (MOMR), published today, the group retained... |
10.02.2022 | US steelmakers increasing value-add capacity | US flat-rolled steelmakers have invested heavily over the last few years to diversify the types of steel they produce, consuming more hot rolled coil (HRC) production to make value-added products.
Between 2020 and 2025 US steelmakers will a... |
09.02.2022 | Indonesian 2022 CPO output could hit 49mn t: Gapki | Indonesian crude palm oil (CPO) production is expected to rise by more than 2mn t from 2021 to 49mn t this year, according the national palm oil association Gapki, its most prolific output since at least 2017.
But headwinds remain for farme... |
09.02.2022 | Argus Media : Opec+ crude output 800,000 b/d short of Jan target | Opec+ crude production increased again last month but the group fell further short of its target amid dwindling spare capacity.
Countries participating in the Opec+ deal raised output by 260,000 b/d to 37.94mn b/d in January, 800,000 below ... |
09.02.2022 | Australian iron ore extends growth despite losses | Australian iron ore producer Mineral Resources (MinRes) remains focused on growth, despite an operating loss across its iron ore business in July-December over lower iron ore prices, stronger discounts for low-grade ores, and higher shippin... |
09.02.2022 | Brazil moves ahead with biomethane certification | Biogas certification schemes are likely to expand as Brazil's production capacity increases to an eventual 120mn m³/d
With investments in biogas production increasing exponentially in Brazil, producers are looking to take advantage of addit... |
08.02.2022 | Australian delays affect Anglo American coking coal | UK-South African mining firm Anglo American's delay in securing regulatory approval to restart its 5mn t/yr Grosvenor mine and a below expected performance at its 6.5mn t/yr Moranbah mine are adding to wide price premiums for Australian har... |
08.02.2022 | Mato Grosso increases soy, corn outlook | Mato Grosso - the largest producing Brazilian state for grains and oilseeds - raised its forecasts for 2021-22 corn acreage and production as well as all of its soy estimates for the 2021-22 crop year.
The forecast for corn acreage rose by ... |
08.02.2022 | Japan's Mol, Petronas to study liquefied CO2 shipping | Japanese shipowner Mitsui OSK Line (Mol) and Malaysia's state-owned Petronas will discuss liquefied carbon dioxide (CO2) shipping for carbon capture, utilisation and storage (CCUS) in Asia-Pacific.
The companies yesterday signed an agreemen... |
08.02.2022 | India's Tata Steel sees firm demand, higher prices | Indian private-sector producer Tata Steel expects demand to keep rising on India's increased infrastructure spending and the third wave of the Covid-19 pandemic subsiding, and sees higher steel prices.
"There's a 35pc increase [in capi... |
07.02.2022 | Australia's Stanmore Coal expands on all fronts | Australian mining firm Stanmore Coal will expand its existing Queensland coal production capacity at the same time as it moves forward with its planned acquisition of Australian resources firm BHP's lower-grade coking coal assets.
Stanmore'... |
07.02.2022 | Saudi targets crude capacity above 13mn b/d: Correction | Corrects Saudi plans based on new information received
Saudi Arabia aims to increase its crude production capacity to around 13.25mn by 2027, according to a Saudi source, an upwards revision of its initial 13mn b/d target by that time.
Riya... |
07.02.2022 | Strong Urals paves way for Russia to invest in capacity | Urals crude values topped $95/bl last week to reach the highest since September 2014 - well above the level assumed in the Russian government's budget and exceeding the expectations of the country's top oil firms. If sustained, prices at th... |
07.02.2022 | Saudi targets 13.4mn-13.5mn b/d crude capacity by 2027 | Saudi Arabia aims to increase its crude production capacity to 13.4mn-13.5mn b/d by 2027, according to a Saudi source, an upwards revision of its initial 13mn b/d target by that time.
Riyadh says it has 12mn b/d output capacity now, and sel... |
07.02.2022 | UK launches low carbon fuel strategy consultation | The UK government has begun a consultation on the country's strategy for developing low carbon fuels (LCFs), which it said aims to address uncertainties and support investments.
The government said there is a changing role for LCFs, which a... |
07.02.2022 | Guyana seeks bigger take from new oil contracts | Guyana will seek better terms in future oil production sharing agreements than those in its 2016 contract with US major ExxonMobil and the 2013 agreement with Canadian independent CGX Energy.
The government will respect the "sanctity&q... |
04.02.2022 | European methanol market mulls February contract price | Author Victoria Baghdjian, Senior Analyst
Several market participants in the European methanol market this month evaluated the possibilities for a contract price for February.
European methanol contract prices are currently agreed on a quar... |
04.02.2022 | India says oil, gas energy 'baseload' for foreseeable | India will continue to meet the "baseload" of its energy requirements with oil and gas "in the foreseeable future," even as the world's third-largest energy consumer accelerates efforts towards net-zero emissions by 2070... |
04.02.2022 | The Crude Report: Some fundamentals, some geopolitics | Author Argus
While fears of dampening demand from the Omicron variant have seemingly calmed, rising geopolitical tensions are helping to stoke oil prices.
In this episode of The Crude Report, Editor-in-Chief Jim Washer and Mideast Gulf Edit... |
03.02.2022 | Peru completes switch to use of Argus prices for fuel imports | Houston, 3 February 2022
Peru's commodity regulator Osinergmin has switched to using Argus prices to monitor imports of gasoline, diesel, jet and bunker fuel, LPG and biofuels, from this January.
Published by global energy and commodity pri... |
03.02.2022 | Argus Media : Scrap excluded from Turkey-Ukraine free trade deal | The Ukrainian government on 2 February approved the draft of the Ukraine-Turkey free trade agreement, but scrap was not included in the list of products that are exempted from export duties or that face lower duties.
The Ukraine-Turkey free... |
02.02.2022 | Opec+ agrees 400,000 b/d hike for March | Opec+ ministers have agreed to press ahead with another 400,000 b/d increase in the group's crude output quota next month.
The producer alliance blitzed through a virtual meeting in just over a quarter of an hour to decide the March target.... |
01.02.2022 | Australia's NSW raises renewable energy zone capacity | Australia's New South Wales (NSW) state government has raised the targeted installed power generation capacity for one of its five renewable energy zones (REZs), as more firms have pledged net zero greenhouse gas (GHG) emissions targets sin... |
01.02.2022 | India extends steel scrap duty waiver, lifts capex | The Indian government in its union budget of 2022-23 has extended a steel scrap customs duty exemption for another year to support secondary steel producers. It also raised the country's capital expenditure, which is likely to boost steel d... |
31.01.2022 | Nato chief flags European energy security concerns | The crisis in Ukraine has thrown into sharp focus the need for Europe to diversify its energy supplies, according to the head of Nato.
Speaking to the BBC, Nato secretary-general Jens Stoltenberg said European countries need to scale back t... |
29.01.2022 | Chevron to boost Permian output by 10pc: Update | Adds more details from analyst call.
Chevron plans to boost production from the prolific Permian basin of west Texas and southeastern New Mexico by about 10pc this year as it doubles spending on the top shale play.
The second-largest US pro... |
28.01.2022 | Opec+ delegates see rally rooted in geopolitics | Some ministers still fear the Omicron effect and geopolitical shocks, as the group struggles to hit its output targets, writes Ruxandra Iordache
Opec+ ministers do not fully buy talk of a lasting demand recovery and are likely to agree just... |
28.01.2022 | US cut royalties for 2020 crude crash — by $2mn | The US Interior Department provided royalty relief of only somewhat more than $2mn to offshore producers after an historic oil price crash in 2020, an internal report said.
Former president Donald Trump's administration created the new &quo... |
28.01.2022 | Southeast Asian PP prices firm on tighter supplies | Southeast Asian polypropylene (PP) supplies are expected to tighten in February, with more planned and unplanned shutdowns intensifying the supply tightness in the key Indonesian market. This could raise PP prices in other countries should ... |
28.01.2022 | Can Qatar Come to Europe’s Energy Rescue? | A tanker transporting LNG from Qatar.PT Profit |
28.01.2022 | LNG cannot offset halt of Russian gas flows to Europe | Europe does not have enough LNG import capacity to entirely replace Russian pipeline gas supplies, should these halt or be hit by international sanctions in the event of a conflict between Russia and Ukraine.
A complete halt of Russian flow... |
28.01.2022 | Turkish economic woes to curb grain imports, lift spot | Turkey's macroeconomic woes are expected to put pressure on grain imports, with its purchase pattern switching from long-term to spot, Kesmezlioglu Grain Trade managing partner Sinan Bayrakli said.
Turkish grain imports are expected to cont... |
28.01.2022 | WTI at US Gulf coast boosted by rising demand | Spot prices for West Texas Intermediate (WTI) trended higher this month as global crude demand rises.
WTI in Midland, Texas, climbed by 28¢/bl against the light sweet crude benchmark in Cushing, Oklahoma, during the February 2022 trade mont... |
27.01.2022 | Copetrol joins BSBios in Paraguay HVO project | Brazilian biodiesel producer BSBios said it reached an agreement to sell a stake in its Omega Green advanced biofuels project in Paraguay to local fuel importer-exporter Copetrol.
Neither the value of the transaction nor the size of the sta... |
27.01.2022 | Metals sector warily monitors Ukraine tensions | Metal market participants are closely monitoring the escalation of tensions between Ukraine and Russia, attempting to gauge the potential impact that military action or sanctions could have on supply-demand fundamentals and prices.
For now,... |
27.01.2022 | CME northern EU HRC forward curve firms | The CME Group's north European hot-rolled coil (HRC) forward curve firmed today, following price rises in important export markets.
This morning, May traded at €890/t, just €15/t below the underlying spot price. Argus' northwest EU HRC inde... |
26.01.2022 | US HRC: Price decline continues | US hot-rolled coil (HRC) prices continued to drop as spot deals remained limited and tons in the market numerous.
The Argus weekly domestic US HRC Midwest assessment fell by $68/short ton to $1,397/st, the lowest since mid-April 2021. The s... |
26.01.2022 | Iran aims for 5.7mn b/d liquids output capacity by 2030 | Iran's state-owned NIOC has set out an ambitious target to boost the sanctions-hit country's crude and condensate production capacity to 5.7mn b/d by 2030, from around 4.6mn b/d today.
Iran's current crude production capacity is around 3.8m... |
26.01.2022 | Argus Media : Japan implements subsidy to mitigate oil price rise | Japan's economy, trade and industry ministry (Meti) will begin providing subsidies to the country's oil suppliers from tomorrow to mitigate the impact of soaring oil prices on domestic oil product prices.
The subsidies come as the country's... |
26.01.2022 | Mineral sand prices extend gains into 1Q22 | Record high titanium dioxide (TiO2) demand for pigment production continues to exacerbate tight supply of ilmenite and rutile feedstocks, with prices expected to rise further in 2022.
Despite production curtailments owing to electricity sup... |
26.01.2022 | Ice Brent crude at $90/bl | Front-month Ice Brent crude futures prices topped $90/bl today for the first time since October 2014.
The futures contract has been propelled higher recently by perceptions that demand growth is outrunning that of supply, and by broader con... |
25.01.2022 | Crude rally rooted in geopolitics: Opec+ delegates | The recent rally in oil prices has been stoked by geopolitical risks and fuel switching, rather than demand-side improvements alone, some Opec+ delegates told Argus. This shift in focus away from demand could suggest that the coalition is l... |
25.01.2022 | Indonesian UCO exporters contest new regulation: Update | Adds details on association in paragraphs 1, 2, 3, 4 and 7.
Indonesian used cooking oil (UCO) exporters have formed an association to lobby against new export restrictions on the waste biodiesel feedstock that came into force on 24 January,... |
25.01.2022 | Iraqi Basrah crude spot trade returns for February | Spot supplies of February-loading Iraqi Basrah crude have traded after scant availability in the previous two months.
Several trading sources said Iraq's foreign equity producers, which are paid in crude for their investment in the country'... |
25.01.2022 | Crude Summit: US refiners eye strong year, slow change | The US refining industry is set for a strong 2022 and a promising 2023, as the demands of the energy transition are still more of a long-term concern than an existential threat, refining industry veterans said today at the Argus Americas Cr... |
25.01.2022 | Crude Summit: Canadian oil to compete directly in Asia | Canadian crude output will trend higher and compete directly with other waterborne crudes as the market takes advantage of excess pipeline capacity, says Naomi Esfahani, senior advisor at MEG Energy.
"With the Trans Mountain (Expansion... |
25.01.2022 | SDI trims Sinton volumes expectations on delays | Electric arc furnace (EAF) steelmaker Steel Dynamics (SDI) has lowered its production outlook for its new Texas mill with the melt shop scheduled to start up by the end of February.
The 3mn st/yr flat-rolled steel mill in Sinton, near the p... |
25.01.2022 | Crude Summit: Chevron ‘really positive' on Permian | Chevron said drilling has made a comeback in the Permian basin, the top US shale play, but in a "much more measured" manner than in past cycles.
"You are seeing much more discipline in capital budgets than you have seen befor... |
25.01.2022 | Crude Summit: US overlooks natural gas, says Dunn | A lack of investment in natural gas infrastructure is placing a headwind on efforts to decarbonize in the US as the administration of President Joe Biden overlooks the role of gas in reducing emissions, pipeline operator Williams' chief ope... |
24.01.2022 | Ukraine crisis fallout could hit oil supplies | Threatened US sanctions against Russia if the latter launches military action in Ukraine - something Moscow denies it is planning - could extend to the energy sector, potentially hitting Russian oil exports.
In the event of an invasion, Was... |
24.01.2022 | US shale oil output poised for higher growth | US shale oil production looks to be on a stronger growth path as oil prices rebound and more firms plan to boost spending this year.
Oil output is expected to rise by 105,000 b/d, or 1.2pc, from the seven US shale formations covered in the ... |
24.01.2022 | Indonesian UCO exporters to contest new export rules | Indonesian used cooking oil (UCO) exporters will form an association to lobby against new export restrictions that will curb overseas sales of the waste biodiesel feedstock from today, sources close to the matter told Argus.
Exporters of UC... |
24.01.2022 | Crude Summit: ConocoPhillips bullish on prices: Update | Adds details throughout.
ConocoPhillips predicts the recent rally in oil prices to multi-year highs will persist and US oil production will eclipse its pre-pandemic record.
"I'm pretty bullish," Ryan Lance, chief executive of the ... |
24.01.2022 | Eni's oil, gas venture Var Energi plans for Oslo IPO | Italian integrated firm Eni and private equity investor HitecVision plan to launch an initial public offering (IPO) in Oslo for their Norwegian oil and gas joint-venture Var Energi.
The listing "is part of Eni's strategy of enhancing i... |
24.01.2022 | Crude Summit: Oxy says White House mum on oil, CCS | Occidental Petroleum has not had direct communication with the administration of President Joe Biden about how the company can participate in decarbonization efforts, despite the White House's support for carbon capture, according to chief ... |
24.01.2022 | Crude Summit: Oxy not heard from White House: Update | Adds detail from Hollub interview.
Occidental Petroleum has not directlycommunicatedwith the administration of President Joe Biden about US crude markets or the company's decarbonization efforts, despite the White House's supportfor carbon ... |
24.01.2022 | Australia's South32 gains from higher Al sector prices | Australian diversified resources firm South32 benefited from higher realised prices across its aluminium sector portfolio in July-December, the first half of its 2021-22 fiscal year, offsetting marginally lower output.
Aluminium output of 4... |
24.01.2022 | Europe would struggle to replace lost Russian products | Any US sanctions targeting the energy sector in retaliation for Russian military action against Ukraine - something Moscow denies it is planning - could have a significant impact on European oil products markets. Washington has threatened t... |
21.01.2022 | Indian refineries run hard despite demand downturn | Most of India's state-controlled refineries have operated at maximum capacity so far this month, undeterred by a drop in domestic transport fuel demand.
BPCL has been operating its 310,000 b/d Kochi, 240,000 b/d Mumbai and 156,000 b/d Bina ... |
20.01.2022 | US refining expects resurgent 2022 | US refiners are set for a shift back toward pre-pandemic profits in 2022, with many expecting Covid-19 restrictions to taper amid rebounding demand for products this year.
An emerging consensus points to a smoother road ahead for US refiner... |
20.01.2022 | Viewpoint: Coalescing factors may dent rising Co prices | Cobalt prices have reached a four-year high this month on tight spot supply, but Covid-19's impact on Chinese demand and bullwhip effects in the aerospace sector coupled with output ramp-ups pose potential downside risks to the market.
Coba... |
20.01.2022 | Moldova declares state of emergency in energy sector | The Moldovan parliament approved a measure by prime minister Natalia Gavrilita to declare a state of emergency in the energy sector for 60 days to ensure uninterrupted supply of gas to consumers, but the threat of a cutoff of Russian supply... |
20.01.2022 | Land use in Article 6 'hinges on emissions avoidance' | Nature-based solutions in principle could be used in deals under Article 6 of the Paris climate agreement, but the main open question is the extent to which "emissions avoidance" will be accepted as a mitigation activity, research... |
20.01.2022 | Brazil's TAG to buy linepack gas from Galp: Update | Updates with TAG comment
Brazilian pipeline TAG, which ships natural gas along the northeast coast between Rio de Janeiro and Ceará state, agreed to purchase linepack gas to pressurize the pipeline system from Portuguese oil and gas company... |
20.01.2022 | Indonesia eases coal export ban | Indonesia has eased a ban on coal exports for January, allowing a number of coal miners to sell the product overseas.
As many as 139 coal producers which fully met the domestic market obligation (DMO) norms for the last year have been permi... |
20.01.2022 | China's US corn imports at fresh low in December | China's imports of US corn in December fell to their lowest since July 2020 and a multi-year low for the month, as higher US corn prices pushed Chinese buyers to seek other suppliers.
China received 240,000t of US corn last month, down from... |
19.01.2022 | Brazil gas industry sees risk on 'hasty' state laws | Some of Brazil's largest natural gas consumers, pipeline companies and oil and gas producers are complaining that new state laws could reduce competition in the gas market.
Brazilian association of energy intensive consumers ABRACE, gas tra... |
19.01.2022 | The Crude Report: 2022 to be more of the same, but different… | Author Argus
Many major trends affecting crude oil markets like energy transition, the balancing act between Opec+ and SPRs and Covid-19 continue, but all have evolved in its own way.
In this episode of The Crude Report, vice president Jeff... |
19.01.2022 | IEA tweaks oil demand projections higher | The IEA has slightly increased its global oil demand growth projections after consumption rose by 1.1mn b/d year on year in the fourth quarter.
"We have raised our global demand estimates by 200,000 b/d for 2021 and 2022 - resulting in... |
19.01.2022 | Brazil's TAG to buy linepack gas from Galp | Brazilian pipeline TAG, which ships natural gas along the northeast coast between Rio de Janeiro and Ceará state, agreed to purchase linepack gas to pressurize the pipeline system from Portuguese oil and gas company Galp.
Galp agreed to del... |
18.01.2022 | Shale discipline gears up for biggest test yet | The US shale sector's financial discipline of the past year is facing its biggest challenge yet, as persistently high crude prices boost profits while signs that the latest Covid-19 wave will pass quickly indicate improved demand growth pro... |
18.01.2022 | SDI Texas steel mill startup pushed back | The startup of electric arc furnace (EAF) steelmaker Steel Dynamics' (SDI) new flat-rolled mill in Texas has been pushed back to February from the most recent estimate of December.
A source close to the project said a February startup of th... |
18.01.2022 | Sanctions-defying Venezuela eyes reset with creditors | Venezuela's government is looking to reset relations with bondholders and other jilted creditors amid signs of a sanctions-defying economic recovery.
In recent months, the Venezuelan economy has turned a corner thanks to rising oil producti... |
18.01.2022 | Argus Media : Higher costs may boost EU shred, new scrap consumption | Surging energy costs in Europe and higher seaborne metallurgical coal prices may drive the continent's steelmakers to increase consumption of shredded and new scrap in order to lift production yields.
Many European steelmakers have raised t... |
18.01.2022 | US HRC: Prices drop as buyers remain disciplined | US hot-rolled coil (HRC) prices continued to drop as service centers limited their buys amid pricing uncertainty.
The Argus weekly domestic US HRC Midwest assessment fell by $47/short ton to $1,465/st, the lowest since April 2021. The south... |
18.01.2022 | Opec leaves 2022 world oil demand growth estimate flat | Opec has left unchanged its world oil demand growth projections for 2022, near 4.2mn b/d, signalling the prospective impact of the Covid-19 Omicron variant in the first half of the year and ongoing uncertainty over global inflation levels, ... |