Friday, May 17 2013 7:16 PM EDT2013-05-17 23:16:53 GMT
One person has died in a crash near Harrisonville, MO, Thursday evening. The crash happened on Missouri Highway 7 and Walker Road. It involved a car and a tractor-trailer. Harrisonville is in Cass County.More >>
Savannah Nash celebrated her 16th birthday last week. She died Thursday when her car slammed into a semi while she was texting during her first time driving by herself.More >>
Saturday, May 18 2013 11:19 PM EDT2013-05-19 03:19:44 GMT
The Charlotte Bobcats are in the process of changing their name to "Hornets," a source with knowledge of the situation told CBSSports.com's Will Brinson, including arranging digital assets that wouldMore >>
The Charlotte Bobcats are in the process of changing their name to "Hornets," a source with knowledge of the situation told CBSSports.com's Will Brinson, including arranging digital assets that would allow a return to their original nickname.More >>
Sunday, May 19 2013 7:59 AM EDT2013-05-19 11:59:01 GMT
Health officials are worried cases from a salmonella outbreak traced to a Fayetteville hotel may have spread nationwide. Officials say that 51 people who ate at the Holiday Inn Bordeaux's banquet facilitiesMore >>
Health officials are worried cases from a salmonella outbreak traced to a Fayetteville hotel may have spread nationwide.More >>
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SOURCE Argus Media
LONDON, March 8, 2013 /PRNewswire/ -- Russian prime minister Dmitry Medvedev signed a government resolution last week formally recognising global energy and commodity price reporting agency Argus as the sole source of price information for setting monthly export duties for Russian crude oil, petroleum products and LPG. The Russian government will use Argus Urals price assessments for calculating duties for crude and products, and Argus daf Brest price assessments for LPG.
The government resolution follows a shift to 100pc Argus pricing from May 2012. Russia previously used other price assessment providers in addition to Argus. Industry requests led the Russian government to switch to Argus on an exclusive basis nine months ago, and Medvedev's decision represents the official recognition of this practice.
Argus Media chairman and chief executive Adrian Binks said: "We are pleased that prime minister Medvedev has confirmed the exclusive use of Argus for calculating Russian export duties for oil and LPG. Russia is a key participant in energy markets and the choice of Argus as its supplier of price information reflects a confidence in the accuracy of our data. Russia is one of a growing list of governments that rely on Argus to provide transparent and representative price information."
Argus prices are used by key Russian ministries and government agencies, including the federal tax service, the federal anti-monopoly service and the economy ministry.
About Argus Media Argus is an independent media organisation with nearly 500 full-time staff. It is headquartered in London and has offices in each of the world's principal energy centres. Its main activities comprise publishing market reports containing price assessments, market commentary and news, and business intelligence reports that analyse market and industry trends.
More than half of Argus' staff are commodity journalists who specialise in reporting news and price information relating to physical energy and related commodity markets.
They operate according to a rigorous Editorial Code of Conduct and an Ethics Policy that align with best journalistic practice, including the avoidance of conflicts of interest. Argus is a leading provider of data on prices and fundamentals, news, analysis, consultancy services and conferences for the global crude, oil products, natural gas, electricity, coal, emissions, bioenergy, fertilizer, petrochemical and transportation industries. Data provided by Argus are widely used for indexation of physical trade. Companies, governments and international agencies also use Argus information for analysis and planning purposes.
Argus has 19 offices globally, including London, Houston, Washington, New York, Calgary, Rio de Janeiro, Singapore, Dubai, Beijing, Tokyo, Sydney, Moscow, Astana and other key centres of the energy industry. Argus was founded in 1970 and is a privately held UK-registered company.