Tag: Vaca Muerta

• Friday, August 2nd 2019 - 18:52 UTC

  Argentina's production of oil and gas goes up although Santa Cruz and Mendoza's go down

  

  The output of oil and gas in the Argentine province of Mendoza hit its lowest mark in ten years, contrary to what goes on in the rest of the country, local authorities have announced. The lack of calls for bids during previous administrations has been singled out as the cause of the poor results.

• Thursday, August 1st 2019 - 09:25 UTC

  Argentina expanding LNG pipeline from Vaca Muerta to Buenos Aires

  

  Argentina on Wednesday launched an international tender for a multibillion-dollar pipeline to transport natural gas from the Vaca Muerta shale formation in the western part of the country to capital Buenos Aires. Bids will be opened on September 12.

• Friday, July 26th 2019 - 09:44 UTC

  YPF hires an LNG tanker to ship Vaca Muerta shale gas to global markets

  

  Argentina's YPF said on Thursday it reached a preliminary agreement with Texas-based Excelerate Energy to hire an LNG tanker for shipping cargoes to global export markets, as the state-backed energy company seeks to offload a growing surplus of shale gas production.

• Thursday, June 27th 2019 - 15:10 UTC

  Argentina's shale boom at Vaca Muerta seems to be finally taking off

  

  By Tsvetana Paraskova for Oilprice.com - After years of drilling and development and billions of U.S. dollars of investment, Argentina’s vast shale play Vaca Muerta has finally seen the first tangible results with the first exports of light crude oil and liquefied natural gas (LNG) from the resource-rich formation.

• Tuesday, June 25th 2019 - 08:48 UTC

  YPF back in the money market issuing US$ 500 million ten year notes

  

  YPF, Argentina’s biggest oil company, sold overseas bonds for the first time in more than a year after a plunge in borrowing costs opened a window of opportunity. The state-owned driller issued US$ 500 million of 10-year, dollar-denominated notes to yield 8.75%.

• Wednesday, June 12th 2019 - 08:30 UTC

  Exxon-Mobil begins long term development of oil and gas in Argentina's Vaca Muerta shale deposits

  

  ExxonMobil said on Tuesday it will proceed with a long-term oil and natural gas development project on a block in Argentina, targeting the Vaca Muerta shale play. The US-based company plans to drill 90 wells to take production to 55,000 b/d of oil equivalent in five years from the Bajo del Choique-La Invernada block in the Neuquen Basin in the country's southwest, the company said in a statement.

• Tuesday, May 21st 2019 - 09:57 UTC

  Argentine business delegation to UK after trade and investment opportunities

  

  A delegation of Argentine officials and businesspeople is travelling to the UK to strengthen trade and investment relations as part of efforts from the private sector, Argentine-British Chamber of Commerce, (ABCC), and both countries governments to promote closer economic and financial ties.

• Monday, May 20th 2019 - 09:58 UTC

  Argentina ready for its first sale of natural gas cargo

  

  Argentina is offering its first-ever liquefied natural gas cargo, putting the nation on the verge of becoming a regular exporter of the fuel. YPF SA, the state-run oil and gas producer, is seeking to sell a partial cargo from the Tango floating liquefaction unit, or FLNG, at Bahia Blanca, according to traders.

• Saturday, May 18th 2019 - 09:48 UTC

  Argentine oil and soybean industries exempt from latest taxes on imports

  

  Argentina will exempt an import tax on goods that are used in the production of exports, such as soybeans and machinery to develop unconventional hydrocarbons in the Vaca Muerta shale play, Treasury Minister Nicolas Dujovne said in a radio interview on Friday.

• Saturday, May 11th 2019 - 08:31 UTC

  YPF focusing on shale oil to increase production growth

  

  YPF, the largest oil and natural gas producer in Argentina, is focusing on shale oil for production growth as a glut slows natural gas output, managers at the state-backed company said Friday.