Argus wins award for Mexican energy sector coverage

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May 23, 2018, 01:05 ET

HOUSTON, May 23, 2018 /PRNewswire/ -- Global commodity price reporting and news agency Argus has been awarded first place for its coverage of Mexican energy markets, in an annual competition arranged by prestigious business-to-business publishing association the American Society of Business Publication Editors (ASBPE).

The editorial team responsible for the Argus Mexico Fuel Markets daily reporting service won gold for the central US division in the "Online Single Topic Coverage by a Team" category. Fuel theft is a major problem in Mexico and the effects are widespread, including deaths, costly insurance and market inefficiencies, as well as potentially deterring the investment needed to develop the market. State-owned oil company Pemex estimates that fuel theft costs the firm about $1.2bn/yr.

Argus Media chairman and chief executive Adrian Binks said: "As Mexico liberalises its fuel markets and seeks to attract billions of dollars in energy investment, fuel theft is of increasing concern. I am delighted that our coverage of this important issue attracted the attention of the ASBPE and won this coveted accolade. I would like to congratulate our team of reporters who cover the dynamic and changing Mexican markets for their hard work in bringing transparency and insight to this topic."

Argus Mexico Fuel Markets was launched in 2017 to explore Mexico's rapidly changing markets for gasoline, diesel, jet fuel, ethanol, propane and MTBE. It includes daily price assessments for key hubs as well as detailed news and analysis.

The stories that provided the winning coverage of Mexican fuel theft can be accessed below:

Mexican soldiers die responding to fuel theft — 4 May 2017
Mexico fuel theft continues to rise: Pemex — 6 June 2017
Thinking outside the crystal box — 12 June 2017
Mexico theft makes fuel truck insurance costly — 7 August 2017
Fuel theft behind Mexican pipeline shutdown — 2 August 2017

Contact Information
London
Seana Lanigan
+44 20 7780 4272
[email protected]

Houston
Scott Berg
+ 1 713 968 0000
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Singapore
Pierre Lever
+65 6496 9960
[email protected]

About Argus Media
Argus is an independent media organisation with more than 850 staff. It is headquartered in London and has 21 offices in the world's principal commodity trading and production centres. Argus produces price assessments and analysis of international energy and other commodity markets, and offers bespoke consulting services and industry-leading conferences.

Companies in 140 countries around the world use Argus data to index physical trade and as benchmarks in financial derivative markets as well as for analysis and planning purposes.

Argus was founded in 1970 and is a privately held UK-registered company. It is owned by employee shareholders and global growth equity firm General Atlantic.

ARGUS, the ARGUS logo, ARGUS MEDIA, ARGUS DIRECT, ARGUS OPEN MARKETS, AOM, FMB, DEWITT, JIM JORDAN & ASSOCIATES, JJ&A, FUNDALYTICS, METAL-PAGES, METALPRICES.COM, Argus publication titles and Argus index names are trademarks of Argus Media Limited.

SOURCE Argus Media