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Montevideo, December 10th 2018 - 19:55 UTC

Tag: Petronas

  • Thursday, December 6th 2018 - 09:32 UTC

    YPF and Malaysia's Petrona committed to invest US$ 2.3bn in Vaca Muerta

    The investment will be in La Amarga Chica, where the companies have been testing the shale oil potential since 2015 and have spent US$ 550 million in the process

    Argentina's state-run energy company YPF and Malaysia's Petronas agreed this week to invest US$ 2.3 billion in a shale oil project in Vaca Muerta, with a target of reaching 60,000 b/d of oil equivalent by 2022. The investment will be in La Amarga Chica, where the companies have been testing the shale oil potential since 2015 and have spent US$ 550 million to date in the process, YPF said in a statement.

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  • Wednesday, October 3rd 2018 - 08:17 UTC

    Canada's largest private sector project: US$ 32bn LNG export terminal

    The LNG facility will be built in Kitimat, British Columbia. Construction is expected to begin this year, with the LNG export terminal in service by 2024

    A major US$ 31.9bn liquefied natural gas (LNG) project in Canada has received the go-ahead from its partners. The project is a joint venture between Royal Dutch Shell, Malaysia's Petronas, PetroChina, Korea Gas Corporation, and Japan's Mitsubishi Corporation. It is the single largest private sector investment project in Canada's history.

  • Saturday, May 12th 2018 - 09:37 UTC

    Leading global oil companies interested in Argentina offshore blocks auction

    Argentina is still defining the blocks to be included in its auction, expected to receive bids in late November.

    Oil firms, including Norway’s Statoil, U.S.’ Anadarko Petroleum Corp, China’s CNOOC and Malaysia’s Petronas, have shown interest in Argentina’s auction this year of offshore blocks for exploration and production, the country’s energy minister said.

  • Thursday, January 30th 2014 - 06:46 UTC

    Argentina's YPF wooing Malaysia Petronas to develop shale deposits

    CEO Galuccio is in Kuala Lumpur to meet Petronas chief

    Argentina oil company YPF is courting Malaysia's Petronas as a possible partner to develop the promising Vaca Muerta shale, according to reports. YPF chief executive Miguel Galuccio was in Kuala Lumpur for a meeting on Wednesday with Petronas leader Tan Sri Dato Shamsul Azhar Abbas, the La Nacion newspaper reported.