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Montevideo, September 25th 2022 - 02:26 UTC

Tag: Vaca Muerta

  • Friday, August 26th 2022 - 09:55 UTC

    Indian FM welcomed at Casa Rosada

    India is Argentina's fourth largest trading partner with US$ 6 billion in exchange. Photo: Argentine Presidency

    Argentine President Alberto Fernández Thursday welcomed Indian Foreign Minister Subrahmanyam Jaishankar. During the meeting, bilateral issues were discussed, in addition to the South American country's desire to join the BRICS alliance. Also present during the encounter was Argentine Foreign Minister Santiago Cafiero.

  • Wednesday, June 22nd 2022 - 20:11 UTC

    Unconventional production boosts oil and gas output in Argentina

    “We have an activity in permanent growth, thanks to the strong impulse we gave to Vaca Muerta,” Martínez said

    Argentina's oil output reached its zenith in 20 years with 584,000 barrels per day (bpd) delivered in May of 2022, thanks mostly to unconventional developments, it was reported Tuesday.

  • Tuesday, May 10th 2022 - 19:55 UTC

    Ukrainian crisis tops agenda in Fernández-Sánchez meeting in Madrid

    Cafiero denied Sánchez had asked Fernández to apply economic sanctions against Russia

    Argentine President Alberto Fernández Tuesday met in Madrid with Spanish Prime Minister Pedro Sánchez on the first day of his European tour which will also include encounters with German Chancellor Olaf Scholz and French President Emmanuel Macron.

  • Friday, April 22nd 2022 - 09:53 UTC

    Argentine President launches construction of new gas pipeline

    Argentina's industry needs energy from the country's soil, President Fernández said

    Argentine President Alberto Fernández Thursday launched the “Néstor Kirchner” gas pipeline project during a ceremony at the Loma Campana field in Vaca Muerta, province of Neuquén.

  • Wednesday, April 13th 2022 - 09:53 UTC

    “It's going to be a long cold winter in Buenos Aires”

    The Vaca Muerta shale deposits in Patagonia, globally rich but mostly un exploited

    By Haley Zaremba, Oilprice.com – A fuel shortage is causing political turmoil and social unrest in Argentina, and could even result in a food shortage as the South American nation’s grain transporters call or a strike in the face of sky-high fuel prices during the harvest season for soy and corn.

  • Wednesday, March 30th 2022 - 09:59 UTC

    Cold winter and fuel shortages ahead for Argentina

    Vaca Muerta remains as one of the world's most promising profitable shale deposits, but with no investments and clear rules of the game...

    Argentina is on the world's top short list of countries with the largest reserves of gas, but given its political chaos, rabid nationalism and constant changes to the rules of the game, investors remain shy and Argentina will have to prepare for a cold austral winter and even fuel rationing as it's already happening with diesel, desperately needed to harvest summer crops and prepare the soil for summer sowing.

  • Thursday, January 20th 2022 - 20:16 UTC

    December 2021 marks record oil output for Argentina in last 9 years

    Energy Secretary Darío Martínez said these results were due to the “clear rules” and “predictability” set by the administration of President Alberto Fernández

    In the last month of 2021, Argentina has recorded a total oil output of around 559,000 barrels per day (BPD), thus reaching the highest production for the country over the past nine years, it was reported Thursday.

  • Thursday, December 23rd 2021 - 20:20 UTC

    Argentina's oil exports on the rise

    The Athens Star was also scheduled to deliver another cargo of 490,000 barrels

    Two shipments of Vaca Muerta crude oil carrying around 490,000 barrels each from Puerto Rosales to Porto Alegre in Brazil represent a sizeable increase in exports from the Neuquén Basin, it was reported.

  • Wednesday, November 3rd 2021 - 03:45 UTC

    Energy exports to Brazil to finance Argentina's infrastructure works

    Brazil's demand represents an opportunity to place available surplus power, Basualdo said

    Argentina's Energy Ministry has ruled that energy exports to Brazil will finance the Vaca Muerta gas pipeline and electrical transportation works, it was announced Tuesday.

  • Saturday, October 30th 2021 - 09:22 UTC

    Vaca Muerta boosts Argentina's oil output to record number of BPDs

    The Ricsa report also showed Investments worth US $ 42 million.

    Argentina's output of crude oil has reached an unprecedented 532,566 barrels per day in September 2021, according to a report released Friday by the private firm Regional Investment Consulting (Ricsa), thus surpassing the previous highest mark of 528,782 bpds from March 2020, when the COVID-19 pandemic broke out.

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