Argus Media

Argus Media Ltd (formerly known as Petroleum Argus Ltd[1]) 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.

Argus Media Ltd.
TypePrivate
Founded1970 (1970)
Headquarters
Lacon House, 84 Theobald's Road, London, WC1X 8NL
,
U.K
Number of locations
21 Offices Worldwide
Area served
Worldwide
Number of employees
900

Overview

Argus Media Ltd is a privately held UK-registered company[1] 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.[2]

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.[3][4]

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.[5]

History

Argus Media was established in 1970 by former Daily Telegraph journalist Jan Nasmyth.[3][6][7] In 1979, Argus became the first reporting agency to quote crude oil prices[8] and published the first ever daily crude market wire.[9]

In 2011, Argus bought FMB Consultants Ltd (FMB) - a price reporting agency for international fertilizer markets.[10][11] FMB was founded in 1982 and focused on nitrogen, phosphate, sulphur, potash and ammonia.[10]

In 2012, Argus also acquired US petrochemical market intelligence, pricing and consulting firm DeWitt & Co,[10][12][13] and European power and gas fundamental data provider Fundalytics.[14] In 2013, Argus bought petrochemical market specialists TABrewer Consulting[15] and Jim Jordan & Associates.[10][16]

Argus Media launched coverage of the global iron ore market with daily report Argus Steel Feedstocks in February 2013.[17] Argus Media expanded its metals coverage further in 2015, after acquiring MetalPrices.com[18] - a specialist pricing, news and analysis service focusing on speciality metals, rare earths and ferro-alloys.[19]

In 2018, Argus purchased Integer Research a London based market intelligence, conference and consulting firm.

In 2019, Argus acquired German oil reporting specialist O.M.R.[20]

Awards

Argus Media won the Queen's Award for Enterprise: International Trade (Export) in the UK in 2002,[21] 2009[22][23] and 2015.[24][25]

References
  1. "ARGUS MEDIA LIMITED - Overview (free company information from Companies House)". beta.companieshouse.gov.uk. Retrieved 2018-03-09.
  2. "Fixing the fix". The Economist. February 10, 2014. Retrieved 2018-03-31.
  3. "Argus media company scooped up by General Atlantic". Financial Times. Retrieved 2017-12-05.
  4. "General Atlantic Agrees to Buy Majority Stake in Argus Media". Bloomberg.com. 2016-05-23. Retrieved 2016-12-15.
  5. "BusinessWeek – Argus Media Limited". Investing.businessweek.com. 2018-01-25. Retrieved 2018-06-07.
  6. "Jan Nasmyth: nonconformist oil industry journalist". The Times. 2008-09-26. ISSN 0140-0460. Retrieved 2018-03-12.
  7. "Family owners of Argus Media in line for £500m payout from sale". Telegraph.co.uk. Retrieved 2016-12-15.
  8. Grammenos, Costas (2010). The Handbook of Maritime Economics and Business. London: Taylor & Francis. ISBN 9781135134136.
  9. Long., David (1995). Oil Trading Manual : a comprehensive guide to the oil markets. Cambridge: Woodhead Pub. ISBN 9781855738522. OCLC 437172329.
  10. Johnson, Owain (2017-08-09). The Price Reporters : A Guide to PRAs and Commodity Benchmarks (1st ed.). ISBN 9781351760553. OCLC 1001389267.
  11. "Top 50 Rising Stars: The UK's most exciting fast-growth businesses". Growth Business. 2011-09-13. Retrieved 2018-03-12.
  12. "Argus buys DeWitt to expand energy data-reporting". 13 WTHR Indianapolis. 2012-07-16. Retrieved 2018-03-12.
  13. "Argus Media buys consulting firm DeWitt & Co. - Plastics News". www.plasticsnews.com. Retrieved 2018-03-12.
  14. "Argus today announced the acquisition of Fundalytics | Media Mergers". www.mediamergers.co.uk. Retrieved 2018-03-12.
  15. "Argus acquires TABrewer Consulting, expands presence in petrochemical consulting". www.digitalrefining.com. Retrieved 2018-03-12.
  16. "Jim Jordan & Associates, LP: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2018-03-12.
  17. "Argus introduces global iron ore price assessments". SteelGuru India. Retrieved 2018-03-12.
  18. TWK. "Argus Media - Fast Track". Fast Track. Retrieved 2018-03-12.
  19. "Metalprices.com, Inc.: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2018-03-12.
  20. https://www.argusmedia.com/en/press-releases/2019/argus-buys-german-oil-reporting-specialist-omr?backToResults=true
  21. "The Queen's Awards for Enterprise 2002: International Trade, Innovation, and Sustainable Development". The London Gazette. 56544, Supplement No. 1: 1. 21 April 2002 – via The Gazette.
  22. "International Trade « Award Category «". queensawardsmagazine.com. Retrieved 2018-03-12.
  23. "The Queen's Awards for Enterprise 2009" (PDF). The London Gazette. 59039, Supplement No. 1: 1. April 2009 – via The Gazette.
  24. "2015 Press Book" (PDF). The Queen's Award for Enterprise. April 2015 – via Gov.uk.
  25. "The Queen's Awards for Enterprise 2015". The London Gazette. 61204, Supplement No. 1: 3. April 2015 – via The Gazette.


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