Tag: Vaca Muerta

• Tuesday, September 11th 2018 - 08:59 UTC

  Argentina organizing to become a leading exporter of natural gas

  

  Argentina's biggest natural gas transporter, Transportadora de Gas del Sur, and Texas-based Excelerate Energy, signed on Monday a memorandum of understanding to evaluate building the country's first liquefaction plant, as rising natural gas production fuels export prospects.

• Thursday, August 30th 2018 - 09:10 UTC

  Argentina aims to double shale gas production in five years

  

  Argentina re-launched a one-year-old agreement between the government, companies and workers to drive competition and spur development in the Vaca Muerta shale play, the government said in a statement.

• Tuesday, July 24th 2018 - 06:10 UTC

  Argentine natural gas for Chile beginning next October

  

  Argentina will begin exporting natural gas to Chile from October, the Argentine Energy Ministry said on Friday, following a meeting between the governments of both countries.

• Thursday, July 19th 2018 - 07:44 UTC

  Macri offers optimistic forecast of Argentine economy, pledging growth will return next year

  

  Argentina’s economy will return to growth in 2019, President Mauricio Macri said on Wednesday, following a year marked by higher-than-expected inflation and a run on the Peso currency that many economists anticipate will lead to a recession.

• Saturday, May 12th 2018 - 09:37 UTC

  Leading global oil companies interested in Argentina offshore blocks auction

  

  Oil firms, including Norway’s Statoil, U.S.’ Anadarko Petroleum Corp, China’s CNOOC and Malaysia’s Petronas, have shown interest in Argentina’s auction this year of offshore blocks for exploration and production, the country’s energy minister said.

• Wednesday, March 7th 2018 - 09:30 UTC

  YPF plans shale oil and gas production to increase 35% during 2018

  

  Argentina’s state-owned oil company YPF SA expects shale oil and gas production to grow 35% in 2018, as costs in the Vaca Muerta shale play continue to fall, Chief Financial Officer Daniel Gonzalez said. Still, declining production in mature fields means overall hydrocarbon output will fall 2 to 3% in 2018 after a 5.3% reduction in 2017, Chairman Miguel Gutierrez said.

• Friday, January 26th 2018 - 09:24 UTC

  “Argentina has left the populist experiment, and no other country has its potential”

  

  Argentina has left behind its populist experiment, and there is no other country with greater potential, Argentine president Mauricio Macri told the World Economic Forum in Davos during a speech to the forum of world political and business leaders.

• Sunday, October 8th 2017 - 08:31 UTC

  Argentina preparing to auction offshore hydrocarbons exploration next year

  

  Argentina plans to auction offshore oil and gas exploration rights next year, in the hope of developing fields off its Atlantic coast like those in neighboring Brazil, the energy minister said on Thursday.

• Tuesday, August 29th 2017 - 19:08 UTC

  Norway's Statoil joins YPF to explore for hydrocarbons in Vaca Muerta shale

  

  Norway's Statoil, STO and YPF announced an agreement to explore hydrocarbons in the Vaca Muerta shale. Under the terms of the agreement, Statoil will enter the Bajo del Toro license block with a 50% interest. YPF will retain a 50% share and will remain the operator.

• Tuesday, August 29th 2017 - 10:45 UTC

  YPF shake up: CEO replaced with a six-member executive committee

  

  The chief executive officer of Argentina’s state-owned oil company YPF has resigned and a six-member executive committee will run the company. The company did not name a replacement for CEO Ricardo Darre, who had held the job since July of last year. Darre, an engineer, had previously worked for French oil company Total in the United States.