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MercoPress, en Español

Montevideo, November 22nd 2024 - 05:47 UTC

Tag: Miguel Angel Gutierrez YPF CEO

  • Wednesday, January 11th 2017 - 08:29 UTC

    Macri announces program to boost development of Vaca Muerta shale formation

    YPF, BP-controlled Pan American Energy, France's Total, Shell, Chevron and US Dow, pledged to invest a combined US$5bn this year in Vaca Muerta

    Argentina's government has agreed to extend a natural gas wellhead price subsidy until 2020 and reduce labor costs in a bid to jumpstart investment in the Vaca Muerta shale formation. The agreement, reached between the national government, the provincial government of Neuquen, industry and labor unions, comes at a time of lackluster upstream activity, reflecting an uncertain price environment and cost concerns.

  • Thursday, March 10th 2016 - 05:49 UTC

    CEO Galuccio confirms he's leaving YPF and pledges “ordered transition”

    “It has been 4 years of a lot of intensity in which we changed the direction of YPF to turn it again into the energy engine of the country”, Galuccio said.

    Miguel Galuccio confirmed he will be resigning as Argentina's YPF CEO and said he will guarantee an “ordered transition” ahead of the appointment of his successor. In a statement released on Wednesday, Galuccio said he will remain in his position until the upcoming Ordinary Shareholders Assembly takes place. He is expected to leave the state-run company after April 30.