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MercoPress, en Español

Montevideo, March 24th 2025 - 21:43 UTC

Tag: YPF Argentina

  • Tuesday, March 11th 2025 - 19:00 UTC

    Two more partners join Vaca Muerta Sur project

    “The Vaca Muerta Sur pipeline is the key for us,” Marín explained

    Shell Argentina and Chevron Argentina joined the Vaca Muerta Sur (VMOS) project as shareholders in the major oil transport infrastructure initiative led by a consortium including the state-owned YPF, Pan American Energy (PAE), Pampa Energía, Vista Energy, and Pluspetrol. “It is the most important oil transport infrastructure project of the last decades,” the consortium said in a statement.

  • Friday, December 27th 2024 - 09:38 UTC

    Argentina's YPF sells lubricants subsidiary in Brazil

    YPF's brands in Brazil will remain under the new owner

    Argentina's State-owned oil company YPF agreed this week to sell its stake in its Brazilian lubricants subsidiary to the local Usiquimica to achieve “greater focus and profitability” in its operations, it was reported in Buenos Aires. The buyer has been producing and trading chemical products for 80 years.

  • Wednesday, October 30th 2024 - 10:40 UTC

    YPF to sell Metrogas stake to focus on Vaca Muerta

    Now it is the right time, Marín argued

    Argentina's state-run oil company YPF announced Tuesday that it plans to sell its shares in cooking gas distributor Metrogas to invest those funds in Vaca Muerta. YPF CEO Horacio Marín also outlined before the Inter-American Council of Trade and Production (Cicyp) the strategy to increase by fourfold the company's value over the next four years.

  • Tuesday, November 21st 2023 - 08:28 UTC

    No more public radio, TV, and newsagency under Milei

    Aerolíneas will need to be competitive and not rely on State subsidies

    Argentina's President-elect Javier Milei announced Monday in a broadcast interview that he would privatize the state-run Public TV (TVP), National Radio, and the news service Télam because he did “not adhere to those practices of having a covert Ministry of Propaganda.” He also explained he had plans for the oil company YPF and flag carrier Aerolíneas Argentinas to no longer hinge financially on the national treasury.

  • Wednesday, November 1st 2023 - 09:13 UTC

    Fuel supply in Argentine getting back to normal pending price increase

    “All of a sudden the trucks appeared,” Massa said in an ironical tone

    Fuel supply in Argentina is slowly getting back to normal as an increase in the price at pumps has been admitted onto a negotiating table, it was reported in Buenos Aires. After shortages throughout the weekend, the Government acquiesced to an increase in the price of gasoline.

  • Monday, June 29th 2020 - 10:55 UTC

    COVID-19 could crush Argentina’s shale boom

    Argentina, across multiple administrations, subsidized unconventional oil and gas, until it became unaffordable and subsidies were scaled back

    By Nick Cunningham of Oilprice.com – Holding some of the largest shale oil and gas reserves in the world, Argentina is often cited as the likely candidate for the next big shale boom, and Vaca Muerta is often described as having the potential to be South America’s Permian basin.

  • Monday, January 20th 2020 - 09:55 UTC

    Argentina pledges bill to attract investment for production of conventional and unconventional hydrocarbons

    The announcement came after president Fernandez, held a meeting with executives from the main energy companies with investments in Argentina

    Argentine President Alberto Fernandez will send a bill to Congress to attract investment for the production of conventional and unconventional hydrocarbons, a spokesman for the Production Development ministry said.

  • Tuesday, July 31st 2018 - 08:19 UTC

    YPF faces a US$ 14 billion lawsuit in the US, dating back to Maxus Energy acquisition

    The lawsuit was filed by the liquidation trust presiding over Maxus Energy Corporation, a company that YPF acquired in 1995

    Argentina's hydrocarbons company YPF is facing a fresh lawsuit in the United States, this time for US$14bn, which is twice the market value of the state oil firm, over alleged corporate restructuring that the company was said to have carried out several years ago.

  • Monday, November 27th 2017 - 12:03 UTC

    Canada's PentaNova Energy signs farm-in agreement with YPF in Neuquen basin

    The transaction consolidates PentaNova’s position in the heavy oilfield as a 50% partner with YPF.

    Canadian exploration and production company PentaNova Energy announced it signed a final farm-in agreement with Argentine energy company YPF for a further 11% stake in the Llancanelo oilfield, reports Buenos Aires media.

  • Thursday, October 26th 2017 - 06:49 UTC

    YPF unveils ambitious US$ 30bn five-year investment plan

    YPF plans to invest US$21.5 billion in the country from 2018 to 2022 and increase oil production by 26%, the company said in a statement on Wednesday.

    Argentina's state-controlled energy company YPF has unveiled a US$ 30bn five-year investment plan to boost oil production and sharpen its focus on electric power generation. Some US$21.5bn will come from YPF's own coffers, with the remainder to be sourced from its project partners, the company said in a statement on Wednesday.

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