Chevron-YPF partnership splits the Argentina/Ecuador ‘progressive’ entente

Wednesday, August 14th 2013 - 03:13 UTC

Full article 6 comments

US petroleum giant Chevron has warned that the continuing legal battle with Ecuador's government over pollution charges could put in jeopardy the company's partnership with YPF to exploit the Vaca Muerta shale reserves in the Patagonian province of Neuquén, Argentina. Read full article

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Captain Poppy
Looks like there may be less latino brotherly love between Argentina and yet another South American country. Good God.........can you feel the love ??
Aug 14th, 2013 - 05:25 am - Link - Report abuse 0
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Idlehands
Argentina will offer whatever it takes to get the cash and skills to exploit the shale. It won't bother keeping to the agreement further down the line.
Aug 14th, 2013 - 08:04 am - Link - Report abuse 0
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ChrisR
We all knew this was going to happen when Ecuador put a lean on Chevron in The Dark Country.

These LatAms can't see the boulder rolling down at them before it flattens them.

Poetic justice for TDC and TMBOA though.
Aug 14th, 2013 - 08:17 am - Link - Report abuse 0
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Captain Poppy
Easy come....now easy go.

http://www.buenosairesherald.com/article/138399/judge-gives-way-to-request-on-chevron-deal

Seems this is not going to be an easy deal.
Aug 14th, 2013 - 11:24 am - Link - Report abuse 0
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Ayayay
wtf, they think their close-to-minimum donation to the Vaca thing.is not only.going to release the frozen money im.Arg.(it seems it did) but the whole $19 B.
The Vaca thing is a boondoggle anyway cause it takes 100,000 gallons of fresh water per well. They have 0 gallons. There's npwhere else in the world where they.are fracking a desert.

If they only thought long term they'd put.cheap Chinese solar there.
Aug 14th, 2013 - 04:15 pm - Link - Report abuse 0
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Simon68
5 Ayayay (#)
Aug 14th, 2013 - 04:15 pm

The water is there in the Neuquén river. What isn't there is sufficient investment to get the ball rolling, Chevron's U$S1.24 billion actually works out to a total of about U$S500.000 the other U$S724.000 has already been transferred out of Argentina!!!!!!!!!!
Aug 15th, 2013 - 01:20 pm - Link - Report abuse 0
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