JBC Energy has been providing high quality, fundamentals-driven, and independent global energy market research for over 25 years. We are available to provide insights and comments on the latest oil and gas market developments to members of the media.
See us in action - JBC Energy Upcoming Events
If you would like to receive a presentation please contact us at email@example.com
07 SEPTEMBER - 07 October, 2020 - ONLINE
11 MARCH, 2020 - ROTTERDAM, THE NETHERLANDS
24 FEBRUARY, 2020 - LONDON, UNITED KINGDOM
JBC Energy London City Briefing – IP Week
14 - 15 NOVEMBER, 2019 - ST. PETERSBURG, RUSSIA
14th Technical Conference “TANK FARMS AND OIL TERMINALS: Operation, Modernisation, Development”
10 - 11 OCTOBER, 2019 - MOSCOW, RUSSIA
Argus Russia and CIS Oil Products Conference
10 OCTOBER, 2019 - HOUSTON, TX, USA
JBC Energy Houston City Briefing
08 - 09 OCTOBER, 2019 - BELGRADE, SERBIA
11th Oil Forum
05 - 06 SEPTEMBER, 2019 - VIENNA, AUSTRIA
JBC Energy Matters Seminar
26 - 28 JUNE, 2019 - TARRAGONA, SPAIN
Mediterranean Refining and Petrochemicals Conference
11 APRIL, 2019 - ATHENS, GREECE
Tanker Industry Seminar
Tanker Markets Against an IMO 2020 Backdrop
01 - 02 APRIL, 2019 - AMSTERDAM, THE NETHERLANDS
Argus Global Gasoline
Europe's High-Sulfur Fuel Oil Margin Plunges to One-Year Low
Unwinding OPEC+ Cuts Helps Send Fuel Oil Margin to 11-Month Low
Bullish Momentum in Low Sulfur Gasoil Futures, Options Stalls: ICE Data
Media Coverage - Terms and Conditions
1 ACCESS TO MEDIA SERVICES
1.1 The Media Client is provided with research services on a complimentary basis (also referred to as Media Services) by JBC Energy as determined in written or oral communication between the Media Client and JBC Energy on a non-exclusive and non-transferable basis and in consideration of the mutual terms and conditions contained in this Standard Media Agreement (SMA). These Media Services offered by JBC Energy include, but may not be limited to, the provision of analysis, comments, charts, data points, and other assessments.
1.2 All rights not expressly granted to the Media Client in this SMA are reserved to JBC Energy.
1.3 The Media Client and JBC Energy are collectively referred to as the "Parties" and each as a "Party".
1.4 JBC Energy reserves the right to change the scope of the various Media Services or to terminate/discontinue the publication of individual Media Services at any time without a minimum notice period and without obligation to give any reasons.
1.5 Access to specific Media Services does not automatically provide access to any additional Services such as, but not limited to, data deliveries, research on request, and follow-up questions.
2 DURATION OF AGREEMENT
2.1 The SMA:
(a) shall commence either with the first reception of any part of the Media Services by the Media Client or written notification provided to the Media Client by JBC Energy that the Media Access has been opened, whichever event precedes the other;
(b) is scheduled for a limited period, the length of which shall be up to JBC Energy’s sole discretion; and
(c) shall end either by JBC Energy discontinuing the Media Services, by the Media Client’s request or at the sole discretion of JBC Energy.
3 USE OF DATA AND PROPRIETARY RIGHTS
3.1 The Media Services are to be received by the Media Client solely for the purpose of acquainting the person applying (the Media User) with JBC Energy’s Services and for no other uses. Should any other members of the Media Client’s management, its employees, or representatives wish to also receive any of the Media Services, they shall notify JBC Energy of this and JBC Energy, shall, at its sole discretion, include these interested Media Users.
3.2 The Media Client may use the proprietary information of JBC Energy contained in the Media Services for reporting in their media outlet, clearly referencing “JBC Energy” as the source thereof, and for advertising JBC Energy and its analysis. Other than that, and particularly in regards to any information contained in the Media Services that is clearly referenced to any of JBC Energy’s providers or any other third parties, the Media Client shall not communicate, distribute, transfer, sell, or otherwise furnish or permit to be furnished all or any of the Media Services or information contained therein or provided in connection therewith to any third party without the express written consent of JBC Energy. The Media Client will adopt and enforce all necessary measures in order to prevent a breach of this obligation or any other redistribution of said information. The Media Client will provide to JBC Energy such evidence as JBC Energy may reasonably require to satisfy itself that the Media Client is complying with the provisions of Clauses 3.1 and 3.2.
3.3 The Media Client agrees and acknowledges that all proprietary rights including but not limited to: copyrights; patents and trade secrets in the Media Services; other analytical advice, related data and information; and all components thereof (the “Intellectual Property”), are and shall remain the property of JBC Energy and its sources and providers and that nothing in any part or the whole of this SMA shall be construed to transfer or convey any Intellectual Property rights. To the extent that JBC Energy comments or opines on data or information obtained from third-party sources, these comments or opinions shall be understood as JBC Energy’s own comments or opinions – and thus Intellectual Property – unless a third party is quoted as their source.
3.4 JBC Energy hereby grants a licence to the Media Client to use its Intellectual Property solely as outlined in this SMA for the duration of this SMA and solely for the purpose for which it was intended.
3.5 The Media Client agrees to protect all Intellectual Property rights of JBC Energy, its sources and providers and the Media Client shall honour and comply with all reasonable requests to protect the contractual, statutory, and common law rights of JBC Energy, its sources and providers. The Media Client acknowledges that JBC Energy is entitled to injunctive relief to prevent a breach or future breach of the provisions of this clause 3 without prejudice to any other relief including a claim for damages.
4.1 As long as JBC Energy and the Media Client do not agree to the opposite in writing, the Media Services shall be provided by JBC Energy to the Media Client on a complimentary basis.
5.1 Any notice to be provided by one Party to the other under this SMA shall be provided in written form (email shall suffice).
6.1 Neither Party may assign its rights, delegate or subcontract its obligations under this SMA or any portion thereof.
7 WARRANTIES AND LIMITATIONS OF LIABILITIES
7.1 JBC Energy warrants that it will use reasonable care and skill in providing the Media Services and that these Media Services will be performed by appropriately qualified and trained personnel with due care and diligence and in a good workmanlike manner in accordance with good industry practice.
7.2 JBC Energy provides no other warranty and in particular provides no warranty that any result or objective can or will be achieved or attained by the provision of the Media Services.
7.3 In no event shall JBC Energy, its employees, or its analysts be liable to the Media Client for any direct or indirect Claims and Losses whether arising in contract, tort, negligence, breach of statutory duty or otherwise. “Claims” shall mean all demands, claims, proceedings, penalties, fines, and liability (whether criminal or civil, in contract, tort or otherwise); and “Losses” shall mean all losses including without limitation financial losses, damages, legal costs, and other expenses of any nature whatsoever.
7.4 JBC Energy shall not be liable to the Media Client in tort, negligence, breach of statutory duty or otherwise for any loss, damage, costs, or expenses of any nature whatsoever incurred or suffered by the Media Client of an indirect or consequential nature including without limitation any economic loss or other loss of turnover, profits, business, reputation, or goodwill.
7.5 In the event that the Media Client provides information to JBC Energy that is not or does not become public knowledge; is not lawfully in the possession of the receiving party without restriction in relation to disclosure before the date of receipt; is not legally required to be disclosed; or has not been independently developed or acquired by JBC Energy, the Media Client shall indemnify and hold harmless JBC Energy from all Claims and Losses against JBC Energy, its employees or analysts by reason of or arising out of any information supplied to JBC Energy by the Media Client within or without the scope of this SMA whether as a result of the infringement of third party intellectual property rights or otherwise.
7.6 Each of the Parties acknowledges that, in entering into this SMA, it does not do so in reliance on any representation, warranty or other provision except as expressly provided in this SMA, and any conditions, warranties or other terms implied by statute or common law are excluded from this SMA to the fullest extent permitted by law. Nothing in this SMA excludes liability for fraud.
7.7 The Media Services are provided on an "as is" and “as available” basis. To the fullest extent permitted under applicable law, JBC Energy expressly disclaims all conditions, representations and warranties, whether express, implied, statutory or otherwise, including, without limitation, any implied warranty of merchantability, fitness for a particular purpose, or non-infringement of third party rights. JBC Energy makes no representation that its Media Services will be free from any interruptions, delays, inaccuracies, server down-time, errors or omissions; that the Media Services will satisfy the Media Clients requirements or expectations; and that information, data or materials presented or displayed are correct, accurate, or reliable. In particular, but without limitation, no part of the Media Services constitute any form of advice, recommendation, endorsement, representation, or should be relied upon by the Media Client for any reason.
8 PARTNERSHIP OR JOINT VENTURE
8.1 This SMA shall not constitute or imply any partnership, joint venture, agency, fiduciary, or other legal relationship between the Parties beyond the one laid out in the provisions of this SMA.
9.1 If, at any time, any provision of the SMA is or becomes illegal, invalid, void, or unenforceable neither the legality, validity, or enforceability of the remaining provisions nor the legality, validity or enforceability of such provision under the law of any other jurisdiction will in any way be affected or impaired. The illegal, invalid, or unenforceable provision shall be severed from the SMA and rendered ineffective. Those provisions shall be deemed replaced by such legal, valid, and enforceable provision that corresponds as closely as possible to the illegal, invalid, or unenforceable provision without modifying or in any way affecting any other circumstances or the validity or enforcement of the SMA.
10.1 The SMA shall be governed by and construed in accordance with the laws of England and Wales.
10.2 The courts of England have exclusive jurisdiction to settle any dispute between the Parties arising out of or in connection with this SMA (including a dispute regarding its existence, validity or termination or the consequences of its nullity, a “Dispute”). The Parties agree that the courts of England are the most appropriate and convenient courts to settle any Dispute and accordingly no party will argue to the contrary.
10.3 If any Dispute arises, the Parties shall, before resorting to court proceedings, attempt to resolve such Dispute by mediation in accordance with the Centre for Dispute Resolution (CEDR or any successor organisation) Model Mediation Procedure. Each Party agrees to share the Mediation fees equally and also to bear its own legal and other costs and expenses preparing for and attending the Mediation. If the Parties are unable to agree on the appointment of a Mediator after 7 days of negotiations, then the Parties agree that CEDR appoints a Mediator of its choosing to act and the Parties agree to be bound by CEDR’s decision. If the Parties have not settled the Dispute within 28 days of the initiation of the mediation, the Dispute shall be referred to the courts in accordance with Clause 13.2.