Tag: Bridas Corporation

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

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

  

  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.

• Wednesday, February 19th 2014 - 22:16 UTC

  YPF signs agreement with Petronas for shale development in Vaca Muerta

  

  Argentina's state oil company YPF announced this week that it had signed a memorandum of understanding (MOU) with a subsidiary of Malaysia's national oil company Petronas for unconventional oil and gas resources development in Argentine Patagonia.

• Thursday, October 3rd 2013 - 23:12 UTC

  Argentine oil company finds way to invest in Vaca Muerta and elude legal action from Repsol

  

  One day after the Argentine government extended the deadline to legalize undeclared cash, energy company Bridas International gave new life to the BAADE energy bonds, the most relegated portion of the whitewash scheme, by saying it would snap up 500 million dollars of the paper.

• Saturday, December 29th 2012 - 06:30 UTC

  YPF signs shale gas exploration deals with Pan American Energy and Bridas

  

  Argentina’s nationalized oil and gas company YPF announced on Friday that Pan American Energy, PAE, would be investing 3.4bn dollars in gas production in the next five years while Bridas, belonging to the Bulgheroni brothers said it plans to invest 1.5bn dollars in the development of the non conventional shale deposits in Vaca Muerta.

• Monday, December 10th 2012 - 05:34 UTC

  YPF confident it has partners to develop shale assets: Chevron and Bridas

  

  Argentine nationalized oil company YPF is in advanced discussions with potential partners on the development of its shale assets, the company's chief executive said. YPF could complete a deal with Bridas Energy Holdings Ltd. before the end of the year, while an agreement with US oil major Chevron Corp. will likely close in the first quarter of 2013, he said, adding that the deals would likely be similar in size.

• Saturday, July 14th 2012 - 00:36 UTC

  Argentine province reviewing BP operating licence in main oil field

  

  Argentina’s Chubut province is reviewing the operating license of BP Plc main oil field in the country and may revoke it, the provincial oil minister said. The review started after operations were interrupted last month for over three weeks during a workers’ protest, Minister Ezequiel Cufre said in an interview in Buenos Aires.

• Thursday, March 3rd 2011 - 05:23 UTC

  Argentine/Chinese corporation buys Exxon downstream assets in Mercosur

  

  Pan American Energy has agreed to buy an oil refinery and more than 700 service stations in Argentina, Paraguay and Uruguay from Exxon Mobil Corp for which it will be paying an estimated 850 million US dollars.

• Thursday, May 6th 2010 - 05:34 UTC

  China’s Main Oil Corporation Closes 3.1 Billion Deal with Argentina’s Bridas

  

  China National Offshore Oil Corporation, CNOOC (NYSE:CEO) Ltd said on Wednesday it had closed a 3.1 billion US dollars deal with Argentina’s Bridas Energy Holdings (BEH) to buy a 50% stake in Bridas Corporation, a wholly owned subsidiary of BEH.