Tag: Miguel Galuccio

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.
Friday, November 30th 2012 - 08:40 UTC
YPF takes over Argentina’s main gas distribution company belonging to BG

Argentina’s nationalized oil and gas company YPF announced it has taken control of Metrogas, after acquiring 54.67% of the shares of Gas Argentino (GASA) from the company British Gas (BG). The takeover leaves the oil company as the main stockholder and controller of 70% of the largest gas distribution company in Argentina.
Saturday, September 15th 2012 - 05:29 UTC
YPF/Chevron signed an understanding to explore for shale gas and oil in Neuquen

Argentina's recently nationalized oil and gas producer YPF SA and the US Chevron Corporation have signed a memorandum of understanding to explore for unconventional energy in Vaca Muerta, in the Patagonian province of Neuquen.
Tuesday, September 4th 2012 - 23:42 UTC
Russia’s Gazprom ready to help YPF develop gas and non-conventional resources

Argentine nationalized oil company YPF moved forward in the signing of an agreement with Russian state oil company Gazprom to develop conventional and non-conventional gas in Argentina and the eventual supply of liquefied gas.
Friday, August 31st 2012 - 11:56 UTC
YPF announces three wells confirm discovery of new shale deposits

Argentina’s recently nationalized oil and gas corporation YPF announced non conventional oil was discovered in five new wells drilled in the Patagonian provinces of Chubut and Neuquen and anticipated that fuel prices in the country will continue to gradually increase to eliminate the gap with competition.
Friday, August 31st 2012 - 04:08 UTC
YPF tempting global oil industry heavyweights with ‘Vaca Muerta’ shale formation

Exxon-Mobil Corp. and Apache Corp. will hold talks with Argentina's YPF next month to discuss further investments in the country's Vaca Muerta shale formation, said a YPF official briefed on the matter.
Tuesday, August 28th 2012 - 03:36 UTC
YPF trying to convince Chevron to help develop massive shale deposits in Neuquen

Argentina’s nationalized oil and gas company YPF and the head of Latin American and African operations for Chevron Corp. are discussing a potential agreement to develop the massive Vaca Muerta shale oil and gas formation in the Patagonian province of Neuquén.
Friday, August 24th 2012 - 06:14 UTC
YPF announces massive exploration program and calls on private investors

Argentina’s nationalized oil and gas corporation YPF announced it has plans to drill 250 wells in the next five years to further advance the country’s “hydrocarbons frontier”. During a presentation at a posh hotel in Buenos Aires under the heading of “Argentine Exploration Plan”, YPF CEO Miguel Galuccio called on investors to trust him and support the plan.
Friday, August 24th 2012 - 06:03 UTC
Argentina blasts the credit-risk agencies and warns of global “anarchy-capitalism”

Members from the Argentine government defended the “Kirchner inclusive development model” and blasted the credit-risk rating agencies while warning of the existence of a financial “anarchy-capitalism” which is suffocating the economies of the world.
Tuesday, August 14th 2012 - 08:08 UTC
YPF plans to issue 760m dollars in bonds; Argentina fuel imports soar in June

Argentina’s nationalized YPF oil and gas corporation will issue bonds for 3.5 billion Pesos (760 million dollars) as part of its push to reduce fuel imports by investing in domestic output, the energy company said in a letter to regulators on Monday.