Argus

In focus: Australia's CAC exit fuels uncertainties London, 12 December (Argus) — Australia's long-awaited permanent exit arrangements for fixed delivery carbon abatement contracts (CACs) have sparked uncertainties that are expected …

Mosaic pauses Esterhazy potash mining after fatality Houston, 15 December (Argus) — North American fertilizer producer Mosaic paused potash production today in Esterhazy, Saskatchewan, after a worker died in a …

US House readies floor votes on permitting bills Washington, 5 December (Argus) — The US House of Representatives is preparing to vote over the next two weeks on bills that …

PdV says cyber attacks contained Caracas, 15 December (Argus) — Venezuelan state oil firm PdV said cyber attacks on company systems that started on 13 December have been contained. In …

EU to dilute Ice vehicle phase out: German lawmaker Brussels, 15 December (Argus) — The European Commission is likely this week to dilute its plan to phase out sales of …

US-Belarus potash trade may soften MOP pricing outlook London, 15 December (Argus) — Potash trade between the US and Belarus is set to be reinstated after an absence of almost …

Viewpoint: West Africa refineries key to hub status London, 15 December (Argus) — West Africa is developing into a regional refining and trading hub, backed by state aims to achieve …

Viewpoint: UK offshore faces deeper consolidation London, 15 December (Argus) — UK offshore oil and gas operators are bracing for more consolidation next year after the government confirmed the Energy …

EU agrees recycled content for cars Brussels, 12 December (Argus) — The European Parliament and EU states have provisionally agreed on the end-of-life vehicles regulation. It will set mandatory targets …

Viewpoint: Saudi condensate to lead supply rise in 2026 Singapore, 15 December (Argus) — The Asian condensate market is bracing for the introduction of a new grade from Saudi Arabia …

Japan's Mitsui Chemicals to raise S Korea MDI output Tokyo, 15 December (Argus) — Japanese petrochemical company Mitsui Chemicals plans to boost output capacity of its methylenediphenyl diisocyanate (MDI) plant …

UK, Malaysia strengthen energy transition partnership Singapore, 15 December (Argus) — The UK and Malaysia have launched the second phase of the Malaysia-UK Partnering for Accelerated Climate Transitions (UK PACT) …

EU's post-safeguard steel measure set for 1 July start London, 15 December (Argus) — The EU's new post-safeguard steel regulation is scheduled to take effect on 1 July, applying to …

Brazil PE import share from US falls through Nov Sao Paulo, 10 December (Argus) — Provisional antidumping duties on polyethylene (PE) resin imports set earlier this year have so far …

US PET bottle recycling rate falls in 2024 Houston, 11 December (Argus) — The US recycling rate for PET bottles fell to 30.2pc in 2024, down from 32.5pc in 2023, …

Viewpoint: Indonesian waste oil supply to fall in 2026 Singapore, 15 December (Argus) — Indonesia's implementation of a 50pc biodiesel (B50) blend mandate and ongoing palm plantation seizures may raise …

Aramco Jafurah project still in commissioning: Resend Clarifies distinction between raw gas and sales gas. Story originally published on 11 December Dubai, 15 December (Argus) — Saudi state-controlled Aramco has …

Australia to boost battery subsidy scheme for residents Sydney, 15 December (Argus) — Australia's federal government will now spend A$7.2bn ($4.8bn) on subsidies for households and small businesses to buy …

US to lift sanctions on Belarus potash London, 13 December (Argus) — US sanctions on trade in Belarusian potash are to be lifted, easing its return to open trading. The …

Seized oil tanker likely heading to Houston New York, 12 December (Argus) — The US-seized oil tanker Skipper, carrying Venezuelan oil, is en route to Houston, Texas, according to data …

Quebec government OKs phosphate mining permit extension Houston, 12 December (Argus) — The Government of Quebec extended the validity of Canada-based Arianne Phosphate's development approval for two more years while …

Japan's energy demand falls on economic slowdown Osaka, 12 December (Argus) — Japan's energy consumption in the April 2024-March 2025 fiscal year fell again from a year earlier, pressured by …

Q&A: GH2 Solar outlines gaps slowing India's H2 plans Mumbai, 9 December (Argus) — Indian renewable energy firm GH2 Solar recently began construction of an alkaline electrolyser manufacturing plant in …

Australia offers support to Rio Tinto's Tomago Al plant Sydney, 12 December (Argus) — The Australian government has offered support to UK-Australian producer Rio Tinto to operate its 600,000 t/yr …

Australia's Beetaloo reaches FID on shale gas pilot Sydney, 12 December (Argus) — Australian shale gas developer Beetaloo Energy has made a final investment decision to build its 25 TJ/d …

TotalEnergies ends Papua LNG rebid phase: Correction Corrects headline and 'FID' to 'development forum' in last paragraph Sydney, 12 December (Argus) — New engineering, procurement and construction (EPC) contract offers …

More than 30 sanctioned tankers in Venezuela New York, 11 December (Argus) — More than 30 tankers could be within the reach of US naval forces positioned near Venezuela if …

EU may crank up coal and steel research funds in 2027 London, 11 December (Argus) — The European Commission could fund a much larger share of research in the coal …

Zambia to develop 300MW of new coal-fired capacity London, 11 December (Argus) — Tanzanian conglomerate Amsons Group and Zambian energy firm Exergy Africa have announced a $900mn partnership to develop …

S Korea sets up task forces for renewable bottlenecks London, 11 December (Argus) — South Korea has launched a climate and energy task force across eight regional environment agencies, as …

IEA ups global crude runs forecast, driven by OECD London, 11 December (Argus) — The IEA has increased its forecast for global refinery runs for 2026, driven by a rise …

New Jersey bill weighs on Pennsylvania REC market Houston, 2 December (Argus) — A proposal in New Jersey to set a lower compliance fee for the state's Class II renewable …

US west coast coke output hits record low Houston, 4 December (Argus) — US west coast marketable petroleum coke production in September hit a record low in data going back …

Coal profit margins hold lead on gas in US midcontinent New York, 10 December (Argus) — Coal-fired generation has been holding a profit advantage over at least some natural gas …

Seized oil tanker 'falsely' carrying Guyana flag Kingston, 11 December (Argus) — An oil tanker seized by the US off Venezuela's coast on Wednesday was falsely carrying the Guyana flag, …

Trump unlikely to reinstate Canada ferts tariffs: TFI Houston, 11 December (Argus) — US fertilizer industry group The Fertilizer Institute (TFI) expects US president Donald Trump does not intend to …

Q&A: Huntsman sees stronger 2026 on US, China recovery Bahrain, 11 December (Argus) — Chemicals producer Huntsman expects 2026 to bring a steadier business environment, with tariff-related uncertainty easing and …

Commodity rail shippers push for more train data Houston, 11 December (Argus) — Industrial shippers of commodities like grain and petrochemicals want federal regulators to widen the scope of proposed …

Japan's aluminium imports fall on year in October Singapore, 10 December (Argus) — Japan's primary aluminium imports fell by 11pc on the year but rose by 11pc on the month …

Rio2 moves into copper with $241mn deal for Peru mine London, 10 December (Argus) — Canadian mining company Rio2 is acquiring a 99.1pc interest in the Condestable underground mine in …

Nitrogen market braces for CBAM after documents leak Amsterdam, 11 December (Argus) — Nitrogen fertilizer market participants are grappling with the implications to trade and product flows into the EU …

German B7 diesel premiums surge on quota rise Hamburg, 11 December (Argus) — Traders in Germany are offering B7 diesel for January at a €10-17/100l ($11.70-19.92/100l) premium to December prices, …

ArcelorMittal to raise ferro-alloys surcharge on coil London, 11 December (Argus) — Leading European steelmaker ArcelorMittal is increasing its ferro-alloy surcharge on flat carbon steel in response to cost rises …

Opec keeps demand outlook unchanged London, 11 December (Argus) — Opec has kept its global oil demand growth forecasts for 2025 and 2026 unchanged for a fifth consecutive month. In …

Japanese, Chinese firms partner on marine biodiesel Tokyo, 11 December (Argus) — Japanese shipping firm Mitsui OSK Lines (Mol), trading house Marubeni and Chinese state-controlled fuel supplier Sinopec Zhejiang Zhoushan …

EU lowers CBAM benchmarks for aluminium London, 10 December (Argus) — The European Commission has lowered the benchmark for primary aluminium imports under the carbon border adjustment mechanism (CBAM), according …

Aramco says Jafurah gas project still in commissioning Dubai, 11 December (Argus) — Saudi state-controlled Aramco has begun to commission the first phase of its giant Jafurah natural gas project, …

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China's CATL to raise $1.4bn to fund battery projects Beijing, 11 December (Argus) — China's largest battery manufacturer CATL plans to raise up to 10bn yuan ($1.4bn) by issuing five-year …

Norway's DNO to resume drilling in Iraqi Kurdistan Dubai, 11 December (Argus) — Norway-based upstream producer DNO said today it will restart drilling at its Tawke licence in Iraq's semi-autonomous …