Ben Winkley
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benwinkley.bsky.social
Ben Winkley
@benwinkley.bsky.social
News editor cutting long stories short for Argus Media - mostly sharing stories beyond our paywall, or staring with my jaw on the floor
Pinned
never run an unattributed chyron
European gasoline refining margins going up up up

www.argusmedia.com/en/news-and-...
European gasoline cracks hit 18-month high | Latest Market News
European gasoline margins to crude hit an 18-month high on Monday.
www.argusmedia.com
November 10, 2025 at 8:20 PM
Wheels of justice latest: The former Glencore employees charged in August and September 2024 with fraud relating to the awarding of oil contracts in Cameroon, Nigeria and the Ivory Coast from 2007 to 2014 will stand trial in... October 2027

www.gov.uk/sfo-cases/gl...
Glencore employees
The Serious Fraud Office (SFO) has charged six former employees of Glencore with conspiring to make corrupt payments to benefit the company's oil operations in West Africa.
www.gov.uk
November 10, 2025 at 5:36 PM
With Trump talking legal action against the BBC, it's interesting to note his administration failed to meet a court-ordered deadline to clarify timing of finalising new biofuel blend mandates.

Biofuel groups have repeatedly sued the administration over its delays

www.argusmedia.com/en/news-and-...
www.argusmedia.com
November 10, 2025 at 4:43 PM
#Cop30 news: If countries implement all elements of their NDCs, global GHG emissions could drop by 14pc in 2019-35.

"The emissions curve has been bent downwards," said the UNFCCC

www.argusmedia.com/en/news-and-...
Cop: Climate plans project 12pc GHG cuts over 2019-35 | Latest Market News
Countries' most recent climate plans are projected to cut total global greenhouse gas (GHG) emissions by around 12pc over 2019-2035, UN climate body the UNFCCC said today.
www.argusmedia.com
November 10, 2025 at 4:39 PM
Overview of the leaders' summit at #Cop30 ahead of the actual shindig that starts today. Everyone agrees something must be done. No-one agrees who should do it or who should pay

www.argusmedia.com/en/news-and-...
Cop: Paris goals remain elusive | Latest Market News
A decade after the birth of the Paris climate agreement, most countries still hail it as a landmark.
www.argusmedia.com
November 10, 2025 at 11:59 AM
ICYMI the president of Brazil opened #Cop30 with a call to phase out fossil fuels.

In other news, Brazil's state-controlled Petrobras plans to add 1mn boe/d of oil and gas production by 2029.

www.argusmedia.com/en/news-and-...
Cop: Brazil calls for fossil fuel phase-out roadmap | Latest Market News
Brazilian president Luiz Inacio Lula da Silva today called world leaders to draw roadmaps to "overcome dependence on fossil fuels" and reverse deforestation, during a global summit ahead of the UN Cop 30 climate talks.
www.argusmedia.com
November 7, 2025 at 10:42 AM
Just hours before commodities trading firm Gunvor was labeled a 'Putin puppet' by the White House yesterday its US business refinanced a credit facility to the tune of $2.81bn backed by a whole host of banks

gunvorgroup.com/news/gunvor-...
Gunvor USA Successfully Refinances Credit Facility to $2.8 billion, Marking Strong Growth Momentum with Expanded Lender Group
HOUSTON (November 6, 2025) – Gunvor USA LLC, a leading independent commodities trading company and subsidiary of Gunvor Group, is pleased to announce the successful refinancing and upsizing of its syn...
gunvorgroup.com
November 7, 2025 at 8:22 AM
Reposted by Ben Winkley
Average gasoline price is $3.08. Getting to $2 would require something like a recession or, you know, pandemic. Trump cites this figure so often he seems to have no idea of how much gasoline actually costs
Trump: "I don't want to hear about the affordability, because right now we're much less. If you look at energy, we're getting close to $2 a gallon gasoline."
November 7, 2025 at 1:26 AM
Reposted by Ben Winkley
Strong words from the Treasury dept putting kibosh on the lukoil sale to Gunvor. But not clear what they think should happen or any guidance about the potential stranded assets outside Russia.
they dont want cash flows to Russia but no clarity on secondary sanctions etc
November 7, 2025 at 2:12 AM
First of many many articles from Belem, as Lula opens #Cop30 with call to arms. His hypocrisy did not go unnoticed

www.argusmedia.com/en/news-and-...
Cop: Brazil calls for fossil fuel phase-out roadmap | Latest Market News
Brazilian president Luiz Inacio Lula da Silva today called world leaders to draw roadmaps to "overcome dependence on fossil fuels" and reverse deforestation, during a global summit ahead of the UN Cop...
www.argusmedia.com
November 6, 2025 at 6:25 PM
Just-pubished court order shows Petrofac went into administration owing £53mn to ABN Amro, with £230mn more in debt due or repayment within a week

www.bailii.org/ew/cases/EWH...
Access denied
www.bailii.org
November 6, 2025 at 3:17 PM
gift link for the FT's Neom Line story

ig.ft.com/saudi-neom-l...
November 6, 2025 at 8:27 AM
US to start grounding airlines.

The IEA had this to say about jet fuel demand in 2024-30: By growing throughout the forecast period, jet's outlook is relatively upbeat when compared to road fuels. Jet is most dependent on macro among the refined products.

www.argusmedia.com/en/news-and-...
US to cut 10pc of flights at some airports: Duffy | Latest Market News
The US will begin to cut airline traffic by 10pc at high volume airports starting this Friday if no deal is reached to reopen the federal government, US transportation secretary Sean Duffy said today ...
www.argusmedia.com
November 6, 2025 at 7:51 AM
Jet fuel is the bright spot in global oil demand growth
US MAY CUT AIR TRAFFIC 10% BY FRIDAY AT 40 MAJOR AIRPORTS: RTRS
November 5, 2025 at 9:54 PM
Zambians are singing "it's coming home" with the "it" in this case being the lifeless corpse of their ex-president

www.wsj.com/world/africa...
Why a Song for Sad English Soccer Fans Is at the Center of a Fight Gripping Africa
Supporters of a deceased Zambian president have appropriated “Three Lions” in their campaign to bring his body home.
www.wsj.com
November 5, 2025 at 8:14 AM
UN Environment Programme says countries' NDC climate plans are not enough to meet Paris Agreement goals #Cop30

www.argusmedia.com/en/news-and-...
Climate plans cut global warming but not enough: UNEP | Latest Market News
Countries' climate plans, if fully implemented, would lead to an increase in global temperature of 2.3-2.5°C above pre-industrial levels — lower than the rise indicated last year, the UN Environment P...
www.argusmedia.com
November 4, 2025 at 6:19 PM
Reposted by Ben Winkley
All day, many of you have been asking for a Cheney obituary from me. Get ready:
His Works Completed, Dick Cheney, Mass Murderer of Iraqis and American Democracy, Dies
As much as the Trumpists claim to disavow the War on Terror, they walk a path paved by the most powerful vice president in U.S. history.
www.thenation.com
November 4, 2025 at 5:55 PM
The TotalEnergies' Energy Outlook 2025 is brief and to the point
November 4, 2025 at 2:02 PM
making gasoline in northwest Europe was more profitable last month than for any other October ever, apart from that one when we all came out of lockdown

www.argusmedia.com/en/news-and-...
NWE gasoline cracks near-record for month of October | Latest Market News
Benchmark northwest European non-oxy gasoline barge cracks to front-month Ice Brent crude futures in October were the second-highest on record for the month, underpinned by planned and unplanned refin...
www.argusmedia.com
November 3, 2025 at 6:54 PM