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MercoPress, en Español

Montevideo, September 7th 2026 - 18:18 UTC

Tag: natural gas

  • Wednesday, August 12th 2026 - 06:28 UTC

    YPF divests its stake in gas distribution for 780 million dollars

    YPF will transfer 70% of the capital of Metrogas, the country's largest gas distributor, and 5% of Metroenergía, its trading arm

    Argentine oil company YPF, 51% state-controlled, has accepted Edenor's offer to buy its stake in Metrogas and Metroenergía for 780 million dollars, according to a filing submitted on Monday to the securities regulator. The deal takes the company out of the natural gas distribution business.

  • Thursday, June 11th 2026 - 23:12 UTC

    Venezuela hands Shell a license for the cross-border Loran gas field shared with Trinidad

    Rodríguez described the award as a “historic step,” recalling that the field had remained “without development” for 23 years

    Venezuela on Thursday granted the British company Shell a license for a first phase of exploration and exploitation of the Loran gas field, which has seven reservoirs, six of them transboundary with Trinidad and Tobago. The signing was led by acting President Delcy Rodríguez at Miraflores Palace, the seat of the Venezuelan government.

  • Thursday, May 30th 2024 - 14:05 UTC

    Gas supply getting back to normal in Argentina

    It was feared that shortages would last indefinitely

    Supply of Compressed Natural Gas (CNG) to petrol stations nationwide in Argentina was halted for almost a day Wednesday after authorities prioritized the fluid's use for heating purposes amid temperatures falling below May's average, it was reported in Buenos Aires. The situation was returning to normal after gas from Brazil's Petrobras began unloading from a ship. The cuts affected drivers and industries alike.

  • Tuesday, September 5th 2023 - 10:30 UTC

    Populist Bolivia running out of natural gas reserves; northern Argentina supply also threatened

    “We have hit rock bottom,” president Arce said in a speech in the city of Oruro, leaving regions without gas export funds to face social welfare outlays

    Bolivian president Luis Arce, announced on September 1st. that the country’s natural gas reserves have been depleted, and exports to Argentina and Brazil will be interrupted, leaving a massive hole in the economy of the country.

  • Tuesday, June 20th 2023 - 10:28 UTC

    Bolivia pumping nearly half the gas it used to sell to Argentina

    YPFB President Armin Dorgathen admitted that the gas not used in the ammonia and urea plant will be exported to the Argentine market

    Bolivia pumped last month nearly half the gas it used to send to Argentina in May of 2022 due to output problems as demand increases due to cold weather, it was reported by El Deber citing data from the Departmental Center for Monitoring and Control of Hydrocarbons of the Santa Cruz Government and the Ministry of Hydrocarbons and Energy.

  • Friday, May 27th 2022 - 09:16 UTC

    Bolivia wants better gas deal with Brazil

    Bolivia expects to receive an additional US$ 100 million from the new deal with Argentina

    Bolivia's Minister of Hydrocarbons and Energy Franklin Molina said the agreement with Brazil for the sale of cooking gas signed during the arguably illegitimate administration of Janine Áñez was detrimental to his country and will now seek to reach a new, more favorable deal.

  • Wednesday, May 4th 2022 - 09:16 UTC

    ANCAP importing gas to make up for short supply in Uruguay

    60 lorries of LPG are to arrive from Argentina this week

    Uruguay's state-run oil company ANCAP Tuesday announced that as a result of a power cut at the La Teja refinery coupled with unionist protests, the company had been forced to activate an emergency import from Argentina of 60 lorries of cooking gas in addition to two shipments to secure supply.

  • Wednesday, March 30th 2022 - 09:53 UTC

    Gas: Bolivia advised to renegotiate with Brazil and sell more to Argentina

    The gas Bolivia should be selling to Argentina is in Brazil at a bargain price stemming from a deal signed by former President Áñez, Balanza explained.

    While the Bolivian state-run YPFB is yet to report on any progress regarding payment conditions with Brazil for gas sales or the signing of the sixth addendum to the export contract with Argentina, hydrocarbon analysts have insisted on the need to roundup these negotiations given the current situation stemming from Russia's invasion of Ukraine.

  • Tuesday, March 15th 2022 - 09:37 UTC

    PM Johnson hosted a roundtable of leaders in the UK’s offshore oil and gas industry

    The Prime Minister and CEOs discussed increasing investment in the North Sea oil and gas industry and boosting supply of domestic gas

    Prime Minister Boris Johnson hosted on Monday a roundtable of leaders in the UK’s offshore oil and gas industry today to discuss domestic energy security. This is part of a series of engagements by the Government across the UK’s energy sectors, including with renewable and nuclear companies in the coming days and weeks.

  • Saturday, February 26th 2022 - 09:46 UTC

    US LNG production forecasted to increase 20% and replace much of Russia's supply to Europe

    In three years, investments in new US LNG facilities increased for the first time, bringing total capacity to 100 million tons by 2022.

    United States will increase its liquefied natural gas (LNG) production capacity by 20% by the end of the year, making it the world’s largest exporter of the product as Europeans try to decrease their reliance on Russian supplies.

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