In this third instalment of a special series on North Sea benchmark pricing, we discuss the idea of adding US crude oil WTI to the Brent basket. 

Join Amanda Hilow and James Gooder as they discuss the details of this option, which has been building steam in recent years. Can it work, and what are the impediments?

Related Links

• The Crude Report: The Brent basket’s burden

Low-carbon or blue ammonia has seen growing numbers of projects announced, and is perceived as at least a stepping stone towards a carbon-free ammonia market in the future. It is a complex topic however, leading to industry uncertainty, and has raised key questions that Argus has been addressing for our clients. In our latest podcast we tackle these questions and uncertainties, assessing the opportunities and hurdles facing this sector.

Join Andrea Valentini, Principal and Tim Cheyne, VP – Fertilizers as they start with analysis of why production of low-carbon ammonia will need a level of certification, verification and a methodology that will give clarity to the whole value and supply chain. In terms of technology we look at the benefits of adopting autothermal reforming (ATR) technology for ammonia production rather than steam methane reforming (SMR), and assess what role existing conventional ammonia plants will play. We discuss carbon capture, and to what extent future blue ammonia production will be based on enhanced oil recovery (EOR) – and related levels of carbon credits. 

We then move to the customer view, and our analysis of how certification systems could develop. We discuss whether this could delay investment in blue ammonia projects, where we expect to see the fastest blue ammonia investments – and why. We then pivot to the question of pricing and whether it will be structured relative to grey and green ammonia. We finish by exploring a long-term scenario where green ammonia could trade at a premium compared to blue ammonia (even considering relative carbon intensities), due to customer priorities and requirements.

O mercado brasileiro de gás natural passará a ter uma nova dinâmica a partir de janeiro de 2022 com a abertura definida na nova lei do gás e a redução da participação da Petrobras no setor. Junte-se a Camila Dias, chefe de redação da Argus no Brasil, e Flávia Pierry, editora de Gás Natural e Energia. Elas conversam sobre o que muda em cada elo da cadeia do gás no país e quais os obstáculos que o setor deve enfrentar.

Saiba mais sobre nossos serviços para gás natural 

Editor-in-Chief Jim Washer talks to Dubai Editorial Manager Nader Itayim about the Opec+ alliance’s new output agreement, the Saudi-UAE row that nearly derailed it, and the challenges the group could face, not just through to the end of this current deal, but even beyond. 

The easiest way to get Argus global crude podcasts, webinars and blogs: https://bit.ly/3f3yxuJ

The delay in the second corn crop harvest has been rising truck freight rates in Brazil. Please join Camila Dias, Argus Brazil Bureau Chief, and Joao Petrini, a reporter with Argus Brazil Grain and Fertilizer report. They talk about the reasons behind that truck freight increase and the perspectives for the prices.  

(Podcast is in Portuguese)

Related Links

Argus Fertilizer Brazil Map

O atraso na colheita de milho segunda safra tem elevado os fretes rodoviários de fertilizantes no país. Junte-se a Camila Dias, chefe de redação da Argus no Brasil, e João Petrini, repórter da publicação Argus Brasil Grãos e Fertilizantes. Eles falam sobre os motivos por trás dessa alta nos fretes e as perspectivas para os preços. 

Links Relacionados

• Argus Fertilizer Mapa do brasil

In this episode, Argus experts Jeff Kralowetz, VP, Business Development and Alex Endress, Senior Crude Reporter, highlight the introduction of a new Canadian High-TAN price assessment at Houston and Cushing, and update the audience on the continued growth, liquidity and transparency of Argus WCS Houston and ICE ARV. 

This fourth and final episode will discuss updates in environmental market programs at the federal and state level. 

Over the coming weeks we will be discussing growth in the US environmental markets including the new NOx allowance program, expansion of cap-and-trade programs, expansion of LCFS programs, and an update on renewable energy certificates. 

In this fourth episode, Michael Ball and Patrick Zemanek, break down the impacts of various environmental market programs at the federal and state level due to Biden’s infrastructure plan and other legislation across the country.

The urea market has seen a surge in demand without a corresponding increase in supply. Will the bull run on prices continue?

Join Alistair Wallace - Principal, Consulting and Tim Cheyne - VP, Fertilizers as they start with a look at what’s been driving unseasonably strong urea prices, covering a confluence of factors such as high crop prices, lack of new supply, plant maintenance, energy prices and the influence of China. We then focus on the outlook for Indian demand over the remainder of 2021 before pivoting to a review of global supply and projects for the rest of the year and 2022. We then move to the outlook for prices and finish with a review of the hot topic in the market - where urea fits in the move to a zero carbon economy.

A expectativa de produção recorde de milho na safra 2021-22 tem elevado a demanda por nitrogenados no Brasil. Junte-se a Camila Dias, chefe de redação da Argus no Brasil, e Renata Cardarelli, repórter da publicação Argus Brasil Grãos e Fertilizantes. Elas falam sobre os fatores por trás do aumento dos preços de nitrogenados e o cenário global para a oferta do nutriente.