Argus Media Ltd

Type: Company
Name: Argus Media Ltd
First reported Jul 25 2014 - Updated Jul 25 2014 - 3 reports

Pdvsa receives offers to sell its subsidiary Citgo

State-run oil company Petróleos de Venezuela (Pdvsa) is currently listening to offers from investors seeking to buy its subsidiary refinery Citgo in the United States, according to reports posted by oil research group Argus Media on its website.The Venezuelan ... [Published El Universal Venezuela - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Deals of the day- Mergers and acquisitions

The following bids, mergers,acquisitions and disposals were reported by 1330 GMT on Friday: (Adds Hong Yuan, Carillion, Infinite Rewards, Liberty Media, GSG, Sanoma; updates BSkyB, Colonial) ** Britain's BSkyB has agreed to pay $9 billion to buy Rupert ... [Published Reuters - Jul 25 2014]
First reported Jul 23 2014 - Updated Jul 23 2014 - 1 reports

Lampung FSRU gets LNG cargo

Indonesia’s Perusahaan Gas Negara (PGN) received the first LNG cargo at its new FSRU located 6 km offshore Lampung.The 150,000 cbm Neo Energy docked at the import terminal on Tuesday, with a cargo from the BP-operated Tangguh LNG terminal, according to ... [Published LNG World News - Jul 23 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Murkowski: US should divest federal lands

Washington, 22 July (Argus) — The US government should return some federal lands to state or local control, Senate Energy Committee ranking member Lisa Murkowski (R-Alaska) said today.Speaking during a committee hearing on federal lands, Murkowski said ... [Published Argus Media - Jul 22 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Delta, Bridger sign railed-crude agreement

Houston, 21 July (Argus) — Midstream firm Bridger will supply Delta Air Lines' refining subsidiary Monroe Energy with 65,000 b/d of railed crude under a five-year deal disclosed today.The agreement would meet roughly a third of the Trainer, Pennsylvania ... [Published Argus Media - Jul 22 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 1 reports

Sanctions measures will hurt US companies: Putin

Washington, 17 July (Argus) — Russian President Vladimir Putin warned yesterday that US sanctions targeting Russia's state-owned oil company Rosneft and independent gas producer Novatek's could "boomerang" to hurt US companies such as ExxonMobil.The US ... [Published Argus Media - Jul 17 2014]
First reported Jul 16 2014 - Updated Jul 16 2014 - 1 reports

US distilled condensate export cargo booked

New York, 16 July (Argus) — The shipping arm of Japanese trading house Mitsui has booked a vessel to carry what could be the first export cargo of US distilled condensates from the US Gulf to Asia via the Panama Canal.Westport Petroleum has fixed the ... [Published Argus Media - Jul 16 2014]
First reported Jul 15 2014 - Updated Jul 15 2014 - 1 reports

Reid supports Venezuela sanctions bill

Washington, 15 July (Argus) — US Senate majority leader Harry Reid (D-Nevada) said he supports a bill sanctioning Venezuelan ministers in response to violent crackdowns on public protests earlier this year.But Reid would not commit to a timetable for ... [Published Argus Media - Jul 15 2014]
First reported Jul 14 2014 - Updated Jul 15 2014 - 1 reports

China 'on track' to submit climate plan

14 July (Argus) — China's political leadership is on track to announce the nation's intended contributions to a global climate deal next year by the first quarter of 2015, according to German chancellor Angela Merkel.At the Cop 19 climate talks in Warsaw ... [Published Argus Media - Jul 14 2014]
First reported Jul 09 2014 - Updated Jul 09 2014 - 1 reports

Iraq crisis still a concern for crude prices: Argus Media

July 9 - Azlin Ahmad, editor of crude oil markets at Argus Media, says the Iraq crisis still remains a concern but she does not see supply threatening crude prices at the moment. In an interview with ET NOW, Ahmad says crude prices may rise again if there ... [Published Reuters India - Jul 09 2014]
First reported Jul 03 2014 - Updated Jul 03 2014 - 2 reports

Propylene output to more than double by 2017

The US is expected to become a net exporter of propylene by 2017, according to a new study released by global energy news and price reporting organisation Argus.Rising production of propane from US shale formations, and shifts to heavier feedstocks in ... [Published Energy Global - Jul 03 2014]
First reported Jul 03 2014 - Updated Jul 03 2014 - 1 reports

Turkmenistan Chooses Argus As Energy Price Information Source

/PRNewswire/ -- Turkmenistan has chosen global energy and commodity news and price reporting agency Argus as an official source of energy price information. The country's exporters will now be able to use prices published by Argus in their export contracts ... [Published Scottrade - Jul 03 2014]

Quotes

"The offers range from USD 10 billion to USD 15 billion for Citgo's assets, including three refineries with installed capacity to produce 750,000 bpd, 48 by-products storage facilities, three pipelines on their own and a share of other six pipelines in the United States" Argus informed on its website
"The offers are in the range of $10bn to $15bn for the Citgo assets, including three U S refineries with a combined nameplate crude processing capacity of 757,000 barrel per day (bpd), 48 products storage facilities, three wholly owned Citgo pipelines and stakes in six other U S pipelines."
...In late 2010 energy minister Rafael Ramirez unveiled plans to "dismantle all of the international refinery purchases made by the old PdV in the 1980s and early 1990s" including Citgo assets
"The refinery has made an impact on market fuel prices and we have a solid hedge book in place that should reduce our fuel expense by more than $350mn for the year, including $100mn in the September quarter" chief executive Richard Anderson said during a conference call with analysts

More Content

All (54) | News (49) | Reports (0) | Blogs (3) | Audio/Video (0) | Fact Sheets (0) | Press Releases (2)
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US feedgrade phosphate growth accelerates in June [Published Argus Media - Jul 25 2014]
Pdvsa receives offers to sell its subsidiary Citgo [Published El Universal Venezuela - Jul 25 2014]
Deals of the day- Mergers and acquisitions [Published Reuters - Jul 25 2014]
Venezuela could tap Chinese market by selling C... [Published UPI - Jul 25 2014]
Venezuela state oil company evaluates offers to... [Published Reuters - Jul 25 2014]
PdV weighing offers to sell Citgo [Published Argus Media - Jul 25 2014]
New DOT crude-by-rail rules could cost $2.6bn-$6bn [Published Argus Media - Jul 24 2014]
Delta's Trainer refinery turns a profit: Update [Published Argus Media - Jul 23 2014]
CFTC’s O’Malia to join swaps trade group [Published Argus Media - Jul 23 2014]
DOT to drop new oil-by-rail rules today — Obama... [Published Politico - Jul 23 2014]
Lampung FSRU gets LNG cargo [Published LNG World News - Jul 23 2014]
Murkowski: US should divest federal lands [Published Argus Media - Jul 22 2014]
Delta, Bridger sign railed-crude agreement [Published Argus Media - Jul 22 2014]
CFTC commissioner O’Malia to resign [Published Argus Media - Jul 21 2014]
Sanctions measures will hurt US companies: Putin [Published Argus Media - Jul 17 2014]
GDF Suez faces new Texas market manipulation suit [Published Argus Media - Jul 16 2014]
US distilled condensate export cargo booked [Published Argus Media - Jul 16 2014]
Exelon takes majority stake in Annova LNG [Published Argus Media - Jul 16 2014]
Reid supports Venezuela sanctions bill [Published Argus Media - Jul 15 2014]
US House votes to block New York capacity zone [Published Argus Media - Jul 15 2014]
Valero's California rail project faces new delay [Published Argus Media - Jul 14 2014]
China 'on track' to submit climate plan [Published Argus Media - Jul 14 2014]
City aims to ban crude loadings out of Maine port [Published Argus Media - Jul 11 2014]
Planned EU power, gas price data seen to hurt p... [Published London South East - Jul 11 2014]
US lists UAE firm for selling fuels to Syria [Published Argus Media - Jul 10 2014]
EPA to prohibit use of certain HFCs [Published Argus Media - Jul 10 2014]
EU parliament seeks ETS reserve lead lawmaker [Published Argus Media - Jul 09 2014]
Iraq crisis still a concern for crude prices: A... [Published Reuters India - Jul 09 2014]
Delta cuts Venezuelan flights to once-a-week [Published Argus Media - Jul 07 2014]
Utilities oppose plan to start cross-state rule [Published Argus Media - Jul 07 2014]
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Blogs

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For First Time, TransCanada Says Tar Sands Flow... [Published Firedoglake - May 05 2014]
TransCanada  admitted for the first time that  tar sands  oil is now flowing through  Keystone XL ‘s southern leg, now rebranded the  Gulf Coast Pipeline Project . The company confirmed the pipeline activity in its  2014 quarter one earnings call ...
Making Oil-by-Rail Safer [Published Energy Outlook - Mar 19 2014]
A series of rail accidents involving trains carrying crude oil has focused attention on safety procedures and even the tank cars used in this service. Another concern is the variable characteristics of the "light tight oil "now shipped by rail in large ...
Argus Media is the first PRA to complete and pu... [Published PR Newswire: Energy - Feb 03 2014]
LONDON, Feb. 3, 2014 /PRNewswire/ -- Global energy and commodity news and price reporting agency Argus Media, has successfully completed an external assurance review of the policies and processes that it uses to establish price benchmarks for thermal ...
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Press Releases

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Argus acquires Wax Data, expands base oils and ... [Published Financial Services - Mar 12 2014]
Argus successfully completes independent assura... [Published PR Newswire - Oct 11 2013]
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