Tag: YPF Argentina

• Tuesday, July 31st 2012 - 01:19 UTC

  Chavez after an energy alliance with Argentina and Brazil in the framework of Mercosur

  

  Venezuelan president Hugo Chavez announced he expected to sign an oil/gas alliance between Argentina’s YPF and PDVSA (Venezuelan Petroleum) when he meets with his peer Cristina Fernandez in Brasilia in the framework of the Mercosur extraordinary summit to officially incorporate the country as full member of the trade group.

• Wednesday, July 25th 2012 - 06:36 UTC

  Argentina is making few friends in the oil and gas industry these days

  

  Interview with Sam Logan (*) Angering Spain by seizing and nationalizing a majority of Repsol's shares in YPF and ramping up the rhetoric over the Falkland Islands as exploration deals promise to make the territory a major oil player overnight, Argentina is making few friends in the fossil fuels industry these days.

• Saturday, July 21st 2012 - 07:17 UTC

  YPF building credibility buys back 79 million dollars in 2028 bonds

  

  Argentina's nationalized oil and gas company YPF said on Friday it had bought back 79 million dollars in 2028 bonds that it was obliged to repurchase in the case of a state takeover.

• Friday, July 20th 2012 - 02:40 UTC

  Argentine government entities can only buy fuel from YPF

  

  Argentina's state entities must purchase diesel, gasoline and lubricant supplies for cars, boats and planes solely from YPF, the recently nationalized oil company, and not competitors like ExxonMobil, Petrobras or Shell, the government ordered Thursday.

• Thursday, July 19th 2012 - 07:58 UTC

  US oil companies interested in investing in YPF, but have their conditions…

  

  At least four leading US oil corporations are interested in investing in Argentina’s nationalized YPF but are demanding a law that guarantees investments, direct export of oil and remittance of benefits.

• Wednesday, July 18th 2012 - 08:18 UTC

  “New” YPF first shareholders’ meeting turns dividends into investment fund

  

  Argentina’s seized oil and gas corporation YPF drastically cut dividend payments and created an investment fund following the first shareholders meeting since the nationalization by President Cristina Fernandez.

• Tuesday, July 17th 2012 - 19:21 UTC

  YPF contracting “outstanding professionals” to develop technology department

  

  Argentina’s nationalized oil and gas corporation YPF announced the incorporation to its staff of two “outstanding professionals” for its technology department, Bernard Gremillet and Gustavo Bianchi, which at some time belonged to the company but had left for personal reasons.

• Wednesday, June 20th 2012 - 06:19 UTC

  Brazilian bank purchases 3.6% stake in nationalized YPF

  

  Brazilian bank Itaú Unibanco purchased a 3.6% stake in Argentina’s nationalized oil company YPF, an operation involving 157.8 million dollars.

• Tuesday, June 19th 2012 - 23:56 UTC

  Argentina invites Russia’s Gazprom to consider investing in YPF operations

  

  The technical teams of Argentine nationalized hydrocarbon companies YPF and Russia’s Gazprom will begin to do joint work in the area, said Foreign Minister Héctor Timerman

• Tuesday, June 19th 2012 - 23:23 UTC

  Slim downplays meaning of YPF shares deal: “it was the exercise of a financial guarantee”

  

  Carlos Slim Domit, son of tycoon Carlos Slim who recently acquired 8.4% of the shares of YPF oil company, confirmed on Monday that their arrival “was not a share purchase but the exercise of a financial guarantee,” which they have been working on in the last four years.