Tag: Miguel Galuccio

• Thursday, November 6th 2014 - 07:52 UTC

  YPF manages significant increases in output and profits in the third quarter

  

  Argentina's state-controlled oil firm YPF hydrocarbons' production in the third quarter increased by 15.4% from a year earlier to 573,000 b/d of oil equivalent (boe/d). The rise in production translates into a 13.9% increase from a year earlier for the first nine months of the year to 553,000 boe/d.

• Thursday, October 9th 2014 - 10:36 UTC

  YPF goes overseas: signs agreement with Ecuador to recover mature fields

  

  Argentina's state-run energy company YPF closed on Wednesday an agreement with Ecuador's state-owned company Petroamazonas for the enhanced recovery of the mature field of El Campo Yuralpa which will demand an investment in the range of 170 million dollars.

• Monday, September 15th 2014 - 05:11 UTC

  Gas prices must increase to sustain strong investment levels, says YPF Galuccio

  

  Argentina's YPF oil and gas state corporation CEO Miguel Galuccio pointed out that the increase in gas prices is needed in order to sustain “strong investment levels” for the company and revealed that the cost of drilling a well in the country's massive oil field in Vaca Muerta has fallen below 7 million dollars.

• Thursday, September 4th 2014 - 05:20 UTC

  Argentina's dispute with holdouts “will not affect” Chinese investments, says Beijing

  

  The current legal dispute between Argentina and holdouts (“vulture funds”) suing the country over its defaulted bonds “will not affect” planned Chinese investments, since Argentina and China have a 'strategic association', the head of the National Commission of Development and Reform (CNDR) of China Xu Shaoshi, warned on Wednesday.

• Wednesday, September 3rd 2014 - 22:05 UTC

  Soros signals Argentina’s shale is biggest place to be

  

  One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize —and a big boost for both super-majors and smaller players making big waves in the heart of new discovery areas.

• Wednesday, September 3rd 2014 - 06:37 UTC

  Kicillof in China to confirm loans and a much needed swap dollars

  

  Credit strapped Argentina is wooing Beijing and with this purpose Economy Minister Axel Kicillof, Planning Minister Julio De Vido and YPF oil company CEO Miguel Galuccio are currently on an official trip to China, aimed at gathering funding for public works including two dams and one nuclear power plant.

• Friday, August 29th 2014 - 07:32 UTC

  Malaysia Petronas joins YPF to develop shale-oil reserves in Argentina

  

  Argentine government controlled energy company YPF said on Thursday it signed a 550 million dollars agreement with Malaysia's Petronas to develop shale-oil reserves in the massive Vaca Muerta formation.

• Tuesday, August 26th 2014 - 07:24 UTC

  YPF strikes oil and gas in the Kirchner's province

  

  Argentina's petroleum company YPF announced the discovery of new gas and oil reserves in the province of Santa Cruz, with the potential to produce more than 200,000 cubic meters of gas and 370 barrels of oil per day at a depth of 2.770 meters.

• Friday, May 16th 2014 - 09:37 UTC

  YPF wants to create a G10 of Latin American state oil companies CEO's

  

  Argentina's YPF CEO Miguel Galuccio proposed on Thursday in Bolivia a G10 of Latin American state owned oil corporations to strengthen their bargaining power based on their resources and development synergy.

• Friday, May 16th 2014 - 09:25 UTC

  YPF defends Chevron partnership; court orders investigation into accord with the US oil giant

  

  Argentine state-controlled oil company YPF on Thursday defended the partnership deal it reached with one of the world's largest energy corporations, Chevron Corp., two days after a court ordered a probe into alleged irregularities associated with the pact.