Argus

Trump threatens Mexico, EU with 30pc tariffs Washington, 12 July (Argus) — President Donald Trump on Saturday said the US will impose 30pc tariffs on goods imported from Mexico and …

Congress resumes push to cut US shipping pollution New York, 11 July (Argus) — US lawmakers reintroduced two bills Thursday to slash greenhouse gas emissions from the shipping industry. Senators …

Brazil gov must boost EV demand: Li miners Sao Paulo, 11 July (Argus) — At least four suppliers in the Brazilian spodumene market voiced interest in federal policies to boost …

Section 232 imports avoid planned US-Canada tariff Houston, 11 July (Argus) — The newly announced plans for a 35pc tax on Canadian imports to the US will not apply to …

DOE to halt wind transmission line: US senator Houston, 11 July (Argus) — President Donald Trump's administration has pledged to halt an 800-mile transmission line designed to deliver wind power …

Trump Brazil tariff threat concerns US beef importers Sao Paulo, 11 July (Argus) — US president Donald Trump's threat to apply a 50pc tariff on Brazilian imports was not welcomed …

USDA boosts soy view on biofuel policy changes St Louis, 11 July (Argus) — The US Department of Agriculture (USDA) today raised its projected US soybean crush for the 2025-26 …

US to loan 1mn bls crude to Louisiana refinery: Update Adds details on crude quality issues from Mars pipeline. Washington, 11 July (Argus) — ExxonMobil will borrow up to 1mn …

Brazil advances oil, gas decarbonization strategy Sao Paulo, 11 July (Argus) — Brazil is implementing a roadmap to increase crude output without boosting net emissions from the sector, a key …

US BLM seeks to reopen PRB coal leasing Houston, 8 July (Argus) — The US Bureau of Land Management (BLM) has started the process to reopen federal land in the …

Saudi Arabia leads June Opec+ production increase Singapore, 11 July (Argus) — Saudi Arabia drove a substantial increase in Opec+ production last month in a bid to mitigate potential supply …

Canadian ferrous scrap dodges lastest US tariff threat Pittsburgh, 11 July (Argus) — Canadian goods compliant with the US-Mexico-Canada trade agreement (USMCA), which include ferrous scrap metal, will maintain their …

RGGI states to strengthen emissions cap Houston, 3 July (Argus) — The 10 states participating in the Regional Greenhouse Gas Initiative (RGGI) have agreed to strengthen their emissions cap — …

EQT to report $720mn gain on gas derivatives New York, 10 July (Argus) — US natural gas producer EQT expects to report a $720mn gain on its derivative contracts for …

US battery imports up 12pc in May Houston, 7 July (Argus) — US imports of lithium-ion batteries remained higher than a year prior, but volumes declined from April as tariffs …

Brazil BEV sales remain above average in June Sao Paulo, 9 July (Argus) — Brazil sales of fully electric vehicles (BEV) fell in June from May's record high but remained …

EnergyX to buy Smackover Li deposits Houston, 10 July (Argus) — US lithium extraction company Energy Exploration Technologies (EnergyX) agreed to acquire Daytona Lithium, securing ownership of 35,000 gross acres …

China mandates renewable power use for industry Beijing, 11 July (Argus) — China's leading economic planning agency the NDRC and national energy administration NEA have set renewable power consumption goals …

Canada focuses on new US deadline, diversifying trade Calgary, 11 July (Argus) — Canadian prime minister Mark Carney reiterated his plan to diversify trade with countries "throughout the world" following …

Mass-balance consultation questions remain: BlueAlp London, 11 July (Argus) — Some uncertainty remains over the correct interpretation of the draft of rules governing the inclusion of chemically-recycled plastics towards EU …

IEA trims oil demand outlook on 2Q weakness: Resend removes reference to implied surplus London, 11 July (Argus) — The IEA has trimmed its forecast for global oil demand growth …

IEA trims oil demand outlook on 2Q weakness London, 11 July (Argus) — The IEA has trimmed its forecast for global oil demand growth in 2025 by 20,000 b/d to …

Indonesia's Alfamart invests $1mn in UCO firm Noovoleum Singapore, 11 July (Argus) — Indonesian convenience store retail chain Alfamart said this week it has invested $1mn into Singapore-based used cooking …

Tighter supplies lift Singapore trucked bitumen prices Singapore, 11 July (Argus) — Trucked bitumen prices in Singapore have risen sharply since late June on the back of tighter availability, despite …

US vehicle sales hit 10-month low in June Houston, 2 July (Argus) — Domestic automotive sales in June were at their lowest level in nearly a year, as consumers continued …

Australia's Licella aims for SAF project FID in 2026 Sydney, 3 July (Argus) — Australian technology developer Licella is aiming for a final investment design (FID) in the second half …

India cuts commercial LPG cylinder prices for July Mumbai, 3 July (Argus) — Indian state-controlled oil marketing companies have reduced commercial LPG cylinder prices for the fourth-consecutive month in July, …

Australia backs Inpex's Bonaparte carbon capture scheme Sydney, 3 July (Argus) — Australia's federal Labor government has provided major project status to Japanese firm Inpex's planned 10mn t/yr Bonaparte carbon …

Printer friendly Australian iron ore exports rise in May 03 Jul 2025 07:16 (+01:00 GMT) Australian iron ore exports rise in May Sydney, 3 July (Argus) — Australia's iron ore …

Japanese firms advance LCO2/methanol carrier project Tokyo, 3 July (Argus) — Japanese shipping firm Mitsui OSK Lines (Mol) and shipbuilder Mitsubishi Shipbuilding have made progress in developing an ocean-going liquified …

Rising crude likely to boost India's base oil imports London, 3 July (Argus) — The rising cost of India's crude imports is boosting the attractiveness of overseas base oil supplies, …

Indian urea sales hit monthly record in June Amsterdam, 3 July (Argus) — India's domestic urea offtake jumped to 3.42mn t last month, marking the highest amount in June, which …

EU CBAM export plan only partial solution: Industry Brussels, 3 July (Argus) — Industry has continued to urge a more comprehensive export adjustment under the EU carbon border adjustment mechanism …

India's NFL issues tender to buy DAP London, 3 July (Argus) — Indian fertilizer importer NFL has issued a tender to buy 25,000-50,000t of DAP, closing on 7 July. NFL …

Kuwait's KPC cuts July sulphur price by $28/t London, 3 July (Argus) — Kuwait's state-owned sulphur producer, KPC, has set its July Kuwait Sulphur Price (KSP) at $259/t fob Kuwait, …

Liberty Steel CEO killed in plane crash Houston, 3 July (Argus) — Service center Liberty Steel Industries' president and chief executive James Weller was killed in a plane crash in …

US adds 147,000 jobs in June, jobless rate down Houston, 3 July (Argus) — US hiring rose more than forecast in June, defying expectations for slowing growth in the face …

Indian phosacid demand firm despite price hike London, 3 July (Argus) — Indian demand for phosphoric acid imports is due to remain firm despite the recent hike in prices. This …

French 2024 emissions cuts 'incompatible' with net zero London, 3 July (Argus) — The pace of emissions reductions in France last year was "incompatible" with its goal of reaching net …

Mexico factory contraction extends into June Mexico City, 3 July (Argus) — Manufacturing activity in Mexico contracted for a 15th consecutive month in June, though at a slower pace, according …

Gold Reserve wins Citgo auction with $7.4bn bid Houston, 3 July (Argus) — Gold Reserve's $7.4bn bid has been chosen by a US federal court-appointed official as the winner in …

EU coal burn and output fall to record low in 2024 London, 3 July (Argus) — EU coal consumption and production fell to an all-time low last year, with coal …

Gas integration a center of Mercosur meeting Buenos Aires, 3 July (Argus) — Presidents of Latin America's Southern Cone common market countries focused on integrating their gas markets as part …

IRA rollback to boost US natural gas demand New York, 3 July (Argus) — Cuts to renewable energy tax credits in the budget bill backed by President Donald Trump will …

Brazil real strongest to dollar since August Sao Paulo, 3 July (Argus) — The Brazilian real closed today at its strongest level since August, prompted by a weakening greenback globally. …

China's Ganfeng takes full control of Mali Lithium Beijing, 4 July (Argus) — Major Chinese lithium producer Ganfeng Lithium bought the remaining 40pc interest in Mali Lithium for $342.7mn, the …

Laos halts approvals for potash mines in Vientiane Singapore, 4 July (Argus) — The Lao government has halted all surveys, exploration and implementation of potash projects in capital Vientiane, according …

Foreign brands drive Japan's domestic EV sales in June Tokyo, 4 July (Argus) — Japanese domestic sales of passenger electric vehicles (EVs) increased in June from a year earlier, largely …

UN Green Climate Fund approves projects worth $1.2bn London, 4 July (Argus) — The UN's Green Climate Fund (GCF) this week approved $1.225bn in climate finance across 17 projects in …

Opec+ eight bring forward policy meeting: Update New meeting date confirmed Dubai, 4 July (Argus) — A core group of eight Opec+ members have brought forward a policy meeting by …