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Argus expands conference portfolio to fuel oil, acquires the Energy Conference from Frank Swierz

Houston, 28 October 2014

Global energy and commodity price reporting agency Argus has acquired the Energy Conference from Frank Swierz & Associates. The Miami event, held annually in October, is a key forum for buyers and sellers of fuel oil, power producers and logistics companies in the Americas.

Argus currently produces more than 50 conferences worldwide on energy, fertilizers and metals. The Energy Conference is an important addition to that portfolio, providing coverage of heavy oil products.

Argus Media chairman and chief executive Adrian Binks said: “The Energy Conference is a go-to conference for the fuel oil markets in the Americas and will complement other Argus events covering markets such as asphalt, petroleum coke and base oils.”

Former organizer Frank Swierz, who will continue his association with the conference in an advisory capacity, said: “I am delighted to be transitioning this event to Argus, which has a proven track record of conducting energy conferences worldwide. I am confident the Energy Conference will go from strength to strength under their leadership.”

Terms of the acquisition were not disclosed.

Seana Lanigan
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Gabriela Alcocer
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Jim Nicholson
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About Argus Media

Argus is an independent media organisation with over 600 full time staff. It is headquartered in London and has offices in each of the world’s principal commodity 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 employees 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 a compliance and 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, metals and transportation industries. Data provided by Argus are widely used for indexation of physical trade. Companies, governments and international agencies 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 commodity industries. Argus was founded in 1970 and is a privately held UK-registered company.

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Argus successfully completed an independent assurance review of its benchmarks in 2014