Tag: YPF Argentina

• Monday, June 2nd 2014 - 07:42 UTC

  YPF announces the discovery of 'tight gas' in Mendoza

  

  Argentina state oil producer YPF announced on Sunday it had made a discovery of 'tight gas' in the western Argentine province of Mendoza. The find by the Paso de las Bardas Norte xp-37 exploration well has a potential 25 million barrels equivalent of recoverable resources, the company said in a statement.

• Friday, May 23rd 2014 - 23:38 UTC

  Bye, bye Argentina: Spain's Repsol sells all assets and end operations in the country

  

  Spanish oil company Repsol has ended its operations in Argentina, two years after the government seized its assets. Last month the Argentine congress gave final approval to pay 5bn dollars in compensation for Repsol's stake in Argentine oil firm YPF.

• Friday, May 23rd 2014 - 10:45 UTC

  YPF discovers shale in Chubut province, 1.000 km southeast of Vaca Muerta

  

  At least 15 more shale oil and gas wells will be drilled in Argentina's Patagonia Chubut province over the next three years, a provincial official said on Thursday, a day after its first shale discovery was made public.

• Friday, May 16th 2014 - 09:37 UTC

  YPF wants to create a G10 of Latin American state oil companies CEO's

  

  Argentina's YPF CEO Miguel Galuccio proposed on Thursday in Bolivia a G10 of Latin American state owned oil corporations to strengthen their bargaining power based on their resources and development synergy.

• Friday, May 16th 2014 - 09:25 UTC

  YPF defends Chevron partnership; court orders investigation into accord with the US oil giant

  

  Argentine state-controlled oil company YPF on Thursday defended the partnership deal it reached with one of the world's largest energy corporations, Chevron Corp., two days after a court ordered a probe into alleged irregularities associated with the pact.

• Friday, May 9th 2014 - 07:01 UTC

  Repsol/YPF 'marriage' definitively over; Spanish company ends 15-year presence in Argentina

  

  Spanish oil major Repsol signed a definitive settlement agreement Thursday with Argentine President Cristina Fernandez's administration, which transferred more than 5 billion dollars in bonds as compensation for the 2012 seizure of Repsol's controlling stake in energy firm YPF.

• Thursday, May 8th 2014 - 04:57 UTC

  Repsol sells YPF stake for 1.25bn dollars to Morgan Stanley; keeps 0.5% share

  

  Spain's Repsol oil and gas company says it has sold an 11.86% stake it owned in Argentina's YPF energy company to Morgan Stanley for 900 million Euros (1.25 billion dollars), effectively leaving it without a stake in a company it once controlled.

• Saturday, May 3rd 2014 - 05:58 UTC

  Falklands or Malvinas: uproar in Argentina with YPF tourist guide

  

  The internet tourist guide from Argentina's nationalized oil and gas company YPF describes the Malvinas as Falklands, Puerto Argentino as Stanley, and Isla Gran Malvina as West Falkland, claim several Argentine media.

• Friday, April 25th 2014 - 06:04 UTC

  After a long debate, Argentine Congress approves Repsol/YPF agreement terms

  

  After a 16-hour debate, Argentina's Lower House passed the law to pay Spanish Repsol 5 billion dollars in bonds to compensate for the 2012 seizure of a majority stake in Argentina's energy company YPF.

• Thursday, April 3rd 2014 - 07:25 UTC

  Argentina's YPF sells one billion dollars in 10-year bonds at 8.75% rate

  

  Argentina’s nationalized oil and gas producer, YPF, sold 1 billion dollars in a bond sale on Tuesday, the company said in a statement. The 10-year bonds will pay 8.75% interest and were five times oversubscribed, YPF said. The U.S. dollar-denominated securities were issued under Argentine law and was considered a great success by the company.