Tag: Vaca Muerta

Wednesday, April 22nd 2015 - 05:55 UTC
Gazprom and YPF will sign agreement to develop Argentina shale oil and gas deposits

Argentine energy company YPF CEO Miguel Galuccio is scheduled to sign on Wednesday in Moscow a contract on joint exploitation of shale oil and gas in the rich Vaca Muerta fields of Patagonian province Neuquén. The contract is part of the bilateral agenda to be addressed by visiting Argentine president Cristina Fernandez on Thursday, when she meets with Vladimir Putin.
Thursday, January 29th 2015 - 07:38 UTC
YPF and China's Sinopec sign memorandum to develop shale oil and gas in Patagonia

Argentine state-controlled energy company YPF said it signed a memorandum of understanding Wednesday with China's Sinopec pertaining to the eventual development of conventional and non-conventional oil and gas projects in Patagonia.
Thursday, January 22nd 2015 - 05:52 UTC
Argentina's economy forecasted to contract 1.5% this year, says IMF

The International Monetary Fund (IMF) has predicted that Argentina's economy will contract by 1.3% in 2015, a figure smaller than original estimates, as the organization revised its world projections to reflect tumbling oil prices.
Friday, January 16th 2015 - 05:23 UTC
YPF increased output during 2014; refinery strike threatens supply of fuel

YPF's oil and natural gas production rose in 2014 for the second year running, Argentina's state-run energy company said on Thursday. Oil production rose 8.7% last year, while gas output was up 12.5%, YPF said, although the company did not publish annual output volume.
Thursday, December 11th 2014 - 12:04 UTC
Malaysia's Petronas and YPF sign 550 million deal to develop shale deposits in Patagonia

YPF SA and Petroliam Nasional Bhd, state-controlled companies from Argentina and Malaysia, signed a 550 million dollars deal to drill fields at the world’s fourth-largest shale oil deposit in Patagonia’s Vaca Muerta, south Argentina.
Thursday, December 4th 2014 - 05:51 UTC
Falling oil prices comes as a blessing for dollar-short Argentina

The slump in global oil prices will reduce Argentina's energy import bill by several billion dollars, a development that could ease pressure on the Central Bank’s strained foreign-currency reserves, according to Economy minister Axel Kicillof.
Thursday, November 6th 2014 - 21:50 UTC
Falklands oil industry regulated by UK North Sea standards, one of the highest in the world

The elected government of the Falkland Islands has strongly refuted remarks by Argentine official 'Malvinas Secretary' Daniel Filmus, published in The Guardian, in which he states that hydrocarbons activities in the Falklands are environmentally reckless, and describes Filmus words as “yet another example of the Argentine's government futile efforts to damage the Falklands economy”
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.
Friday, October 31st 2014 - 07:51 UTC
Argentina approves new hydrocarbons bill to attract foreign investments

Argentina's lower house of Congress, which is controlled by President Cristina Fernandez's allies, gave final approval Thursday for a new Hydrocarbons Law that was harshly criticized by opposition lawmakers. The lower house passed the bill with a vote of 130-116 with one abstention after more than 14 hours of debate.
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.