Tag: Vaca Muerta

Thursday, November 28th 2024 - 10:45 UTC
Bolivia highlights gas pumping deal as a source of hard currency

Bolivia will be collecting some US$ 120 million yearly for allowing Argentine gas from Vaca Muerta through to Brazil, Economy Minister Marcelo Montenegro explained Wednesday during a press conference in which he highlighted the importance of Tuesday's agreement to bringing fresh foreign currency into the country's coffers in addition to its strategic nature in a regional context riddled with energy challenges.
Tuesday, November 19th 2024 - 11:52 UTC
Argentina clinches deal to sell Vaca Muerta gas to Brazil

Argentina's Economy Minister Luis Toto Caputo and his Brazilian Energy Counterpart Alexandre Silveira signed Monday on the sidelines of the G20 Summit in Rio de Janeiro an agreement whereby gas from Vaca Muerta will be pumped starting next year, reaching 30 million cubic meters per day as from 2030, which is the same volume that South America's largest country used to buy from Bolivia.
Wednesday, October 9th 2024 - 09:13 UTC
YPF to relocate Vaca Muerta HQs to Buenos Aires

Argentina's state-run oil company YPF announced Tuesday that it would be opening an operations center in its tower in the exclusive Puerto Madero district in Buenos Aires to run Vaca Muerta. The move is expected to cut costs by 30% and save up to US$ 1.5 billion a year.
Monday, September 30th 2024 - 09:47 UTC
Bolivia stops gas sales to Argentina, shifts toward Brazil

After terminating the supply to Argentina, Bolivia will up its gas pumping towards Brazil according to an agreement between YPFB and Petrobras. Buenos Aires announced it would no longer be needing Bolivian gas since Vaca Muerta, the second-largest reserve in the world and the fourth-largest oil reserve, guarantees the supply for its domestic market.
Friday, August 9th 2024 - 10:55 UTC
Milei tours Vaca Muerta and Chile with a focus on energy investments

Argentine President Javier Milei resumed his mileage accruing habit Thursday with a trip to Vaca Muerta in the Patagonian province of Neuquén and later to Santiago, where he met with local businessmen but not with Gabriel Boric Font.
Tuesday, July 9th 2024 - 14:48 UTC
Argentina on track to become a global exporter of LNG by 2027

Argentina could be on the path to start exporting LNG from its Vaca Muerta shale gas deposits, after Golar LNG signed a 20'year deal with Pan American Energy (PAE) for the deployment of a Floating Liquefied Natural Gas (FLNG) vessel in Argentina according to a report from US Energy Information Administration.
Monday, April 15th 2024 - 23:59 UTC
Brazil and Argentina have much in common despite opposing presidents

Foreign Ministers Mauro Vieira of Brazil and Diana Mondino of Argentina met in Brasilia on Monday for talks aimed at bringing South America's two largest countries closer together, despite the opposing views of presidents Luiz Inácio Lula da Silva and Javier Milei, especially on each other.
Thursday, November 10th 2022 - 09:38 UTC
Argentina's industries highlight exports needed to make up for lack of US dollars

Leaders of Argentina's Industrial Union (UIA) Wednesday highlighted the country's export potential, particularly that of Vaca Muerta, to make up for the loss of foreign currency affecting the nation's coffers.
Friday, August 26th 2022 - 09:55 UTC
Indian FM welcomed at Casa Rosada

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

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.