Tag: argentine oil

• Wednesday, May 20th 2020 - 21:54 UTC

  Argentina establishes a minimum oil price of US$ 45/barrel for domestic sales

  

  Oil companies in Argentina are obligated to maintain production, payrolls, and investment and cannot repatriate profits under a decree that establishes above-market prices for domestic crude. The decree published on Tuesday sets a minimum price of US$ 45/bl for domestic sales of light sweet Medanito crude.

• Saturday, May 11th 2019 - 08:31 UTC

  YPF focusing on shale oil to increase production growth

  

  YPF, the largest oil and natural gas producer in Argentina, is focusing on shale oil for production growth as a glut slows natural gas output, managers at the state-backed company said Friday.

• Wednesday, April 17th 2019 - 09:56 UTC

  Qatar Petroleum wins five offshore blocks in Argentina's South Atlantic basins

  

  Qatar Petroleum (QP) has won exploration rights in five offshore blocks in the North Argentina, and Malvinas West basins in Argentina. The winning bids were announced on Tuesday by Argentina’s Secretariat of Government of Energy (“SGE”) at the end of a public tender process that started in November 2018.