Tag: Vaca Muerta

• Wednesday, March 27th 2013 - 07:53 UTC

  YPF and US based DOW sign memorandum to develop shale gas in Patagonia

  

  Argentina’s nationalized energy company YPF on Tuesday signed a memorandum of understanding with the local subsidiary of the US Dow Chemical to develop the shale gas deposits in the southern Nequen province.

• Monday, March 18th 2013 - 21:13 UTC

  Argentina should be self-sufficient in energy in five/six years says YPF

  

  Argentina’s energy self-sufficiency can be expected in five to six years said Miguel Galuccio, CEO of YPF, the oil and gas corporation which was nationalized a year ago when the government of President Cristina Fernandez seized a 51% majority from Spain’s Repsol.

• Saturday, December 29th 2012 - 06:30 UTC

  YPF signs shale gas exploration deals with Pan American Energy and Bridas

  

  Argentina’s nationalized oil and gas company YPF announced on Friday that Pan American Energy, PAE, would be investing 3.4bn dollars in gas production in the next five years while Bridas, belonging to the Bulgheroni brothers said it plans to invest 1.5bn dollars in the development of the non conventional shale deposits in Vaca Muerta.

• Wednesday, December 19th 2012 - 20:45 UTC

  Chevron/YPF sign pilot accord to drill 100 wells in Vaca Muerta shale deposits

  

  US Chevron and Argentina’s nationalized YPF signed a partnership to on Wednesday to invest 1 billion dollars to develop the shale-oil reserves of Vaca Muerta in the hydrocarbons rich Patagonian province of Neuquén.

• Monday, December 10th 2012 - 20:10 UTC

  YPF CEO Galuccio travels to Norway to discuss partnership with Statoil

  

  Argentina’ nationalized oil and gas corporation YPF is said to be in talks with Norway’s Statoil about a possible partnership as part of its 37 billion dollars drive to develop Argentina’s energy reserves. It is close to signing deals with US oil giant Chevron as well as Bridas Corp, the Chinese-Argentine joint venture, the Financial Times reported on Sunday.

• 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.

• Thursday, November 29th 2012 - 06:42 UTC

  Argentina increases 44% wellhead natural gas prices to attract investment

  

  Argentine president Cristina Fernandez announced on Wednesday that wellhead natural gas prices are to rise substantially from current levels, an estimated 44%, with the purpose of attracting more investments and increasing production.

• Monday, November 26th 2012 - 19:35 UTC

  The Chicago Tribune on the bonds dispute: ‘Cry for yourself, Argentina’

  

  The Chicago Tribune, one of the leading Midwest US newspapers has been following closely the dispute in New York courts between the Argentine government and investment funds that are demanding full payment of sovereign bonds.

• Tuesday, November 20th 2012 - 01:36 UTC

  Repsol presses charges against Chevron for making business with nationalized YPF

  

  Spanish oil company Repsol has pressed charges against Chevron over “disloyal competition”, after the US company reached an agreement with its former Argentine branch YPF to conduct explorations in the Vaca Muerta reservoir, a company spokesman announced.

• Tuesday, November 20th 2012 - 00:46 UTC

  Repsol wants fair compensation from Argentina; will appeal to all legal resources

  

  Repsol Chairman Antonio Brufau has expressed his determination to reach a solution on compensation for the nationalisation of its shares in YPF, and says that he is willing to take the matter to an international court level to ensure a fair amount is paid.