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Montevideo, April 25th 2024 - 05:18 UTC

Tag: , Pan American Energy Group PAE

  • Thursday, September 14th 2017 - 06:53 UTC

    BP and Bridas Corporation form Argentina's largest private integrated energy company

    PAEG will be owned equally by BP and Bridas Corporation, itself a 50:50 joint venture of Bridas Energy Holdings of Argentina and CNOOC Limited of China

    British Petroleum has agreed with Argentina's Bridas Corporation to form a new integrated energy company by combining their interests in the oil and gas producer Pan American Energy and the refiner and marketer Axion Energy in a cash-free transaction. The new company, Pan American Energy Group, will be the largest privately-owned integrated energy company operating in Argentina.