Tag: YPF - Chevron

• Wednesday, February 24th 2016 - 07:43 UTC

  Argentina's YPF submits copy of contract with Chevron but warns about 'confidential information'

  

  Argentina's oil and gas company YPF submitted a copy of the contract signed with Chevron back in 2013 for joint works at the Loma Campana field in the province of Neuquén. Still, Argentina’s state-run energy giant demanded “confidential information” not to be revealed.

• Wednesday, November 11th 2015 - 06:11 UTC

  Argentina's Supreme Court orders YPF to publicly release 2013 contract with Chevron

  

  Argentina's supreme court has ordered state-controlled YPF to publicly release all clauses of a 2013 contract with Chevron to develop shale oil in the country's vast Vaca Muerta formation. In a 3-1 ruling, the justices sided with opposition Socialist Senator Hector Ruben Giustiniani, ruling that the state's 51% stake in the firm effectively makes it a public company subject to transparency laws.

• Friday, August 7th 2015 - 06:53 UTC

  YPF profits up, but no new joint-ventures in sight to develop Patagonia shale

  

  Argentina's state-managed energy firm YPF posted a second quarter net income of 2.297 billion pesos ($252.8 million) on Wednesday, a 50.5% increase on the same period last year. YPF earnings have been cushioned from the collapse of international oil prices by a government-controlled price for oil produced in the country, which sits at about $78 dollars per barrel.

• Thursday, December 11th 2014 - 12:04 UTC

  Malaysia's Petronas and YPF sign 550 million deal to develop shale deposits in Patagonia

  

  YPF SA and Petroliam Nasional Bhd, state-controlled companies from Argentina and Malaysia, signed a 550 million dollars deal to drill fields at the world’s fourth-largest shale oil deposit in Patagonia’s Vaca Muerta, south Argentina.

• Monday, September 15th 2014 - 05:11 UTC

  Gas prices must increase to sustain strong investment levels, says YPF Galuccio

  

  Argentina's YPF oil and gas state corporation CEO Miguel Galuccio pointed out that the increase in gas prices is needed in order to sustain “strong investment levels” for the company and revealed that the cost of drilling a well in the country's massive oil field in Vaca Muerta has fallen below 7 million dollars.

• Wednesday, September 3rd 2014 - 22:05 UTC

  Soros signals Argentina’s shale is biggest place to be

  

  One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize —and a big boost for both super-majors and smaller players making big waves in the heart of new discovery areas.

• Friday, May 23rd 2014 - 23:50 UTC

  Argentina with 'Vaca Muerta' won the 'geological lottery': 305 meters-thick shale oil and gas

  

  Argentina has won the “geological lottery” with its 305 meters-thick Vaca Muerta shale oil and gas field in Patagonia, a spokesman for Chevron said on Thursday, as the U.S. energy giant increases its investments in the country. The company and state-owned oil firm YPF announced plans last month to invest an additional 1.6 billion to develop Vaca Muerta.

• 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, April 11th 2014 - 08:19 UTC

  Chevron and YPF unveil plans to invest another 1.6bn in Vaca Muerta shale

  

  US oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another 1.6 billion dollars to develop Argentina's Vaca Muerta shale formation for oil and gas projects. The investment comes on top of 1.2 billion Chevron agreed to spend last year for a shale pilot project.

• Thursday, January 30th 2014 - 06:46 UTC

  Argentina's YPF wooing Malaysia Petronas to develop shale deposits

  

  Argentina oil company YPF is courting Malaysia's Petronas as a possible partner to develop the promising Vaca Muerta shale, according to reports. YPF chief executive Miguel Galuccio was in Kuala Lumpur for a meeting on Wednesday with Petronas leader Tan Sri Dato Shamsul Azhar Abbas, the La Nacion newspaper reported.