Argus Media Ltd (formerly known as Petroleum Argus Ltd) is an independent provider of price information, consultancy services, conferences, market data and business intelligence for the global petroleum, natural gas, electricity, emissions, biofuels, biomass, LPG, metals, petrochemicals, fertilizers and coal industries.
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Overview
Argus Media Ltd is a privately held UK-registered company which produces price assessments and analysis of international energy and other commodity markets, and also offers consulting services and conferences.
Argus was the first price-reporting agency to apply an IOSCO audit in the industry of energy benchmarks.
Argus Media was owned by the family of its founder Jan Nasmyth and its senior staff, but in September 2016 a majority-stake was sold to the equity firm General Atlantic valuing the company at $1.4 billion.
Argus's headquarters are in London, with major offices in Moscow, Washington, Houston, Singapore, New York, Dubai, Astana, Kiev, Tokyo and Beijing as well as employees in other key locations including Venezuela, Argentina and Chile.
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History
Argus Media was established in 1970 by former Daily Telegraph journalist Jan Nasmyth. In 1979, Argus became the first reporting agency to quote crude oil prices and published the first ever daily crude market wire.
In 2011, Argus bought FMB Consultants Ltd (FMB) - a price reporting agency for international fertilizer markets. FMB was founded in 1982 and focused on nitrogen, phosphate, sulphur, potash and ammonia.
In 2012, Argus also acquired US petrochemical market intelligence, pricing and consulting firm DeWitt & Co, and European power and gas fundamental data provider Fundalytics. In 2013, Argus bought petrochemical market specialists TABrewer Consulting and Jim Jordan & Associates.
Argus Media launched coverage of the global iron ore market with daily report Argus Steel Feedstocks in February 2013. Argus Media expanded its metals coverage further in 2015, after acquiring MetalPrices.com - a specialist pricing, news and analysis service focusing on speciality metals, rare earths and ferro-alloys.
Awards
Argus Media won the Queen's Award for Enterprise: International Trade (Export) in the UK in 2002, 2009 and 2015.
External links
- Official website
References
Source of article : Wikipedia
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