Argus Oil

🇧🇷 𝗡𝗲𝘄𝘀 𝘀𝘁𝗼𝗿𝘆: 𝗕𝗿𝗮𝘇𝗶𝗹 𝗳𝗼𝘀𝘀𝗶𝗹 𝗳𝘂𝗲𝗹 𝘀𝘂𝗯𝘀𝗶𝗱𝗶𝗲𝘀 𝗼𝘂𝘁𝗽𝗮𝗰𝗲 𝗿𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲𝘀: 𝗦𝘁𝘂𝗱𝘆 | 𝗔𝗿𝗴𝘂𝘀 𝗠𝗲𝗱𝗶𝗮 Brazil's spending on fossil fuels subsidies in 2023 was around 4.5 times larger than its spending on renewables subsidies, according to a study published by the institute of socioeconomic studies Inesc. The country spent R99.8bn ($17.49bn) in subsidies for both fossil fuels and renewables in 2023, a 3.6pc increase from 2022, the study said. Of the total, R81.74bn were related to fossil fuels — a 0.5pc decrease from a year prior — while R18.06bn went to renewable sources, a near 27pc hike from 2022. By Lucas Parolin: https://okt.to/t9IRHE #ArgusMedia #ArgusMediaBrasil #fossilfuel

Argus team with Engr. Farouk Ahmed, Authority Chief Executive, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Eriye Onagoruwa, representative of the Special Adviser to the President on Energy at the OTL Africa Downstream Week in Lagos, Nigeria. Mina Rezvan Funmi Bashorun Minhal Latheef

🇬🇧 𝗡𝗲𝘄𝘀 𝘀𝘁𝗼𝗿𝘆: 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗽𝗹𝗮𝗻𝘀 𝗽𝗿𝗼𝗴𝗿𝗲𝘀𝘀 𝗶𝗻 𝟮𝟬𝟮𝟰 '𝗳𝗿𝗮𝗰𝘁𝗶𝗼𝗻𝗮𝗹': 𝗨𝗡 | 𝗔𝗿𝗴𝘂𝘀 𝗠𝗲𝗱𝗶𝗮 Revisions to countries' commitments to halting climate change have shown only "fractional progress" over the last year, and fall short of what is needed to limit global warming, the UN said. The organisation's synthesis report on updated nationally determined contributions (NDCs), documents submitted by countries outlining their commitments to halting climate change, shows little progress made over the last year. By Rhys Talbot: https://okt.to/iw9bTS #ArgusMedia #emissions #climatechange

𝗘𝘃𝗲𝗻𝘁𝘀 | The 2024 Miami Energy Forum is underway! We are pleased to welcome so many industry professionals for a chance to meet and exchange insights #ArgusMedia #MiamiEnergyForum2024 #OilMarkets

🎙️𝗙𝘂𝗲𝗹𝘀 𝗙𝗼𝗰𝘂𝘀 𝗣𝗼𝗱𝗰𝗮𝘀𝘁 | 𝗬𝗼𝘂𝗿 𝗴𝗼-𝘁𝗼 𝗽𝗼𝗱𝗰𝗮𝘀𝘁 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗹𝗮𝘁𝗲𝘀𝘁 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗨𝗦 𝗿𝗲𝗳𝗶𝗻𝗲𝗱 𝗽𝗿𝗼𝗱𝘂𝗰𝘁𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 | 𝗔𝗿𝗴𝘂𝘀 𝗠𝗲𝗱𝗶𝗮 Our podcast delivers a weekly summary of the most significant developments on gasoline, diesel, and more. This week’s episode features: · WTI holds steady · Motor fuel prices trend lower · Valero completes SAF project in Port Arthur · Federal regulators investigating deadly Pemex Deer Park chemical release Don’t miss out on critical updates. Listen to the latest episode now: https://okt.to/M0zu7j #FuelsFocus #ArgusMedia #refinedproducts

🎙️𝗣𝗼𝗱𝗰𝗮𝘀𝘁 | Our Pre-Election Podcast, The Politics of Energy 2024 is now available to stream. Recorded just this morning, click below to hear our view on how the November 5 elections in the US could affect global energy markets. Listen now: https://okt.to/gjei4h #energy #energytransition #oilandgas #bigoil #uselections

Conference | Your super early bird discount for the Argus Global Crude Summit Americas (Feb 5-7, 2025) in Houston, TX, expires this Friday, October 25. Visit: https://okt.to/ZJVQXY Reasons to attend the established go-to event for the commercial crude market: • 𝟰𝟬𝟬+ 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝘁𝗶𝗮𝗹 𝗰𝗿𝘂𝗱𝗲 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝗻 𝗼𝗻𝗲 𝗿𝗼𝗼𝗺: Your chance to network with leading crude players and take business deals back to the office with you. • 𝗦𝗽𝗲𝗰𝗶𝗮𝗹 𝗴𝘂𝗲𝘀𝘁 𝘀𝗽𝗲𝗮𝗸𝗲𝗿: Book your pass now to hear exclusive insights from our special guest speaker, 𝗖𝗼𝗻𝗱𝗼𝗹𝗲𝗲𝘇𝘇𝗮 𝗥𝗶𝗰𝗲, 𝟲𝟲𝘁𝗵 𝗦𝗲𝗰𝗿𝗲𝘁𝗮𝗿𝘆 𝗼𝗳 𝗦𝘁𝗮𝘁𝗲 - this will not be one to miss. • 𝗣𝗹𝗮𝗻 𝗳𝗼𝗿 𝘄𝗵𝗮𝘁'𝘀 𝗻𝗲𝘅𝘁: Keep on top of global crude dynamics, trading policies and relations, changes to the refining landscape, impacts of the TMX pipeline and much more. Get answers to your most pressing questions and get insights that will help with your overall business strategy. Do not miss out on vital information on the current crude landscape and new trading routes opening up globally. Thank you to our sponsor: Silver sponsor: 𝗣𝗼𝗿𝘁 𝗼𝗳 𝗖𝗼𝗿𝗽𝘂𝘀 𝗖𝗵𝗿𝗶𝘀𝘁𝗶 #ArgusCrudeConference #ArgusCrude #ArgusOil

Conference | Your super early bird discount for the 𝗔𝗿𝗴𝘂𝘀 𝗚𝗹𝗼𝗯𝗮𝗹 𝗕𝗮𝘀𝗲 𝗢𝗶𝗹𝘀 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 (17-19 February 2025) expires this 𝗙𝗿𝗶𝗱𝗮𝘆 𝟮𝟱 𝗢𝗰𝘁𝗼𝗯𝗲𝗿. Join your peers at the 𝗜𝗻𝘁𝗲𝗿𝗖𝗼𝗻𝘁𝗶𝗻𝗲𝗻𝘁𝗮𝗹 𝗣𝗮𝗿𝗸 𝗟𝗮𝗻𝗲 𝗶𝗻 𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗟𝗼𝗻𝗱𝗼𝗻, 𝗨𝗞, for unparalleled opportunities to network with industry leaders and gain valuable insights into market trends and innovations. Don’t miss out on this opportunity. 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗼𝗻𝗹𝗶𝗻𝗲 𝘁𝗼𝗱𝗮𝘆 𝗮𝗻𝗱 𝘀𝗲𝗰𝘂𝗿𝗲 𝘆𝗼𝘂𝗿 𝗽𝗹𝗮𝗰𝗲 𝗮𝘁 𝘁𝗵𝗲 𝗯𝗲𝘀𝘁 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗿𝗮𝘁𝗲 - 𝘀𝗮𝘃𝗶𝗻𝗴 𝘆𝗼𝘂 £𝟱𝟬𝟬 𝗼𝗳𝗳 𝘁𝗵𝗲 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗿𝗮𝘁𝗲: https://okt.to/Cls1Q5 #ArgusBaseOilsConference #ArgusOil #Baseoils #lubricants

𝗘𝘃𝗲𝗻𝘁𝘀 | Meet the Argus team at the Hellenic Maritime Forum Online This two-day international maritime event will bring together various leaders and experts across the value chain. Two days of dynamic presentations and intense panel discussions will allow the participants to share their knowledge and good practices and introduce new strategies. In parallel, there will be multiple networking sessions, allowing buyers and suppliers to connect. Learn more: https://okt.to/CyqE12

Hear from James Gooder as he joins the session on Nigeria Fuels' Congress - Issues in pricing, policy, profits and market access on 29th October at the OTL Africa Downstream Conference at Lagos, Nigeria. To register, visit: https://okt.to/lQgOLq