Uruguay's state-run oil company Ancap has awarded all seven offshore oil and gas exploration licenses open for bids to four foreign companies: YPF (Argentina), APA Corp (United States), and Shell and Challenger Energy Group (CEG) (United Kingdom), it was reported in Montevideo.Add your comment!
Beginning in June, Argentina will resume exporting oil to Chile after 17 years, the website Rio Negro reported.
Argentina's state-run Y-TEC YPF plans to install a lithium battery manufacturing plant in the province of Catamarca, according to a deal signed this week between Governor Raúl Jalil and YPF's President Pablo González, it was announced. Also signing the document was Y-TEC (YPF's technological institute) Chief Roberto Salvarezza.
Argentine Vice-President Cristina Fernández de Kirchner (CFK) Wednesday met with YPF CEO Pablo González and Chevron executives Clay Neff and Bruce Niemeyer at her Congress office.
Argentina's state-run oil company YPF announced a mega port will be built in Río Negro to export oil from the Atlantic shore.
Argentina's oil output reached its zenith in 20 years with 584,000 barrels per day (bpd) delivered in May of 2022, thanks mostly to unconventional developments, it was reported Tuesday.
Argentina is on the world's top short list of countries with the largest reserves of gas, but given its political chaos, rabid nationalism and constant changes to the rules of the game, investors remain shy and Argentina will have to prepare for a cold austral winter and even fuel rationing as it's already happening with diesel, desperately needed to harvest summer crops and prepare the soil for summer sowing.
Argentina's state-run oil company YPF has increased its prices at pumps between 9.5% and 11.5%. It was the second rise this year. Other brands such as Shell have followed suit. The last increase had been in February.
Argentina's YPF Luz - the electricity division of the traditional state-owned oil company - has officially opened its third wind farm, Cañadón León, which is expected to supply 123 MW of renewable energy to the national system, it was reported Thursday.
Argentina's Cabinet Chief Juan Manzur Monday presided over the ceremony during which the State-run oil company YPF announced it will invest U$S 90 million to develop a solar energy park in Ullum, in the province of San Juan, where radiation suits best these type of undertakings.