Tag: Vaca Muerta

• 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.

• Saturday, September 15th 2012 - 05:29 UTC

  YPF/Chevron signed an understanding to explore for shale gas and oil in Neuquen

  

  Argentina's recently nationalized oil and gas producer YPF SA and the US Chevron Corporation have signed a memorandum of understanding to explore for unconventional energy in Vaca Muerta, in the Patagonian province of Neuquen.

• Friday, August 31st 2012 - 11:56 UTC

  YPF announces three wells confirm discovery of new shale deposits

  

  Argentina’s recently nationalized oil and gas corporation YPF announced non conventional oil was discovered in five new wells drilled in the Patagonian provinces of Chubut and Neuquen and anticipated that fuel prices in the country will continue to gradually increase to eliminate the gap with competition.

• Friday, August 31st 2012 - 04:08 UTC

  YPF tempting global oil industry heavyweights with ‘Vaca Muerta’ shale formation

  

  Exxon-Mobil Corp. and Apache Corp. will hold talks with Argentina's YPF next month to discuss further investments in the country's Vaca Muerta shale formation, said a YPF official briefed on the matter.

• Tuesday, August 28th 2012 - 03:36 UTC

  YPF trying to convince Chevron to help develop massive shale deposits in Neuquen

  

  Argentina’s nationalized oil and gas company YPF and the head of Latin American and African operations for Chevron Corp. are discussing a potential agreement to develop the massive Vaca Muerta shale oil and gas formation in the Patagonian province of Neuquén.

• Thursday, August 2nd 2012 - 07:31 UTC

  YPF after Chinese cooperation for development of Vaca Muerta shale deposits

  

  Federal Planning Minister Julio de Vido announced that several members of the Argentine Government would be flying to China in September in order to close several cooperation agreements between Chinese oil companies and YPF, intended to deepen the bilateral relations.

• Saturday, June 2nd 2012 - 03:17 UTC

  Repsol’s only purpose was “to milk dry” YPF of resources and reserves

  

  Argentine President Cristina Fernandez made the historic decision to nationalize oil and gas company YPF at “the right moment” because Repsol was “milking dry” YPF resources and reserves, said Planning Minister Julio De Vido and Deputy Economy minister Axel Kicillof at a press conference at the Economy ministry in Buenos Aires.

• Friday, May 11th 2012 - 21:15 UTC

  IAE warns Argentina YPF seizure could scare away international oil companies

  

  Argentina's seizure of 51% of the shares of Spanish oil group Repsol's YPF unit could scare away international firms from investing in the, the International Energy Agency said on Friday.

• Wednesday, May 9th 2012 - 08:21 UTC

  Argentine Vice President, in Washington, invited US oil companies to invest in YPF

  

  Argentine Vice President Amado Boudou on Tuesday urged US companies to invest in YPF, the nationalized oil company that Argentina recently expropriated from Spain's Repsol.