Tag: YPF - Chevron

• Tuesday, November 19th 2013 - 09:08 UTC

  US government sides with Repsol in the YPF assets seizure with Argentina

  

  United States sided with Spain's Repsol position in the dispute over the seizure of a majority stake in YPF by the administration of Argentine President Cristina Fernandez last year, a dispute which remains unresolved over compensation for the assets.

• Friday, October 25th 2013 - 06:16 UTC

  Alleged 'secret clause' in YPF/Chevron shale agreement triggers strong controversy in Argentina

  

  A New York Times piece published on Thursday regarding the agreement between Argentine nationalized oil and gas company YPF with California based Chevron has triggered a strong controversy in Argentina because of an alleged “secret clause” in the commercial document.

• Wednesday, September 18th 2013 - 19:43 UTC

  Argentina’s YPF main partner, Chevron, blasted by Correa who is expected in Buenos Aires

  

  A couple of days before Ecuador’s President Rafael Correa is set to arrive in Argentina he sank his right hand into the bushes of the Ecuadorean Amazon and then showed it to the dozens of journalists summoned for the demonstration: it was covered in oil.

• Saturday, August 31st 2013 - 01:39 UTC

  Falklands’ Argentina banned oil companies linked to YPF partner Chevron

  

  An Argentine lawmaker claims that the US oil corporation Chevron which is investing heavily in developing shale resources in Neuquen with YPF is a partner of Oil Spill Response Limited that is also involved with the oil companies operating in the South Atlantic in Argentine waters but licensed by the Falkland Islands government.

• Thursday, August 29th 2013 - 03:39 UTC

  Neuquen legislature approves YPF/Chevron deal to exploit Vaca Muerta shale reserves

  

  The Argentine Patagonian province of Neuquén legislature approved by a comfortable majority the agreement struck between YPF and Chevron to exploit the Vaca Muerta shale gas reserves, after a day disrupted by fierce protests outside the provincial parliament.

• Wednesday, August 14th 2013 - 03:13 UTC

  Chevron-YPF partnership splits the Argentina/Ecuador ‘progressive’ entente

  

  US petroleum giant Chevron has warned that the continuing legal battle with Ecuador's government over pollution charges could put in jeopardy the company's partnership with YPF to exploit the Vaca Muerta shale reserves in the Patagonian province of Neuquén, Argentina.

• Monday, August 5th 2013 - 02:11 UTC

  Argentine economy conditioned by energy imports and subsidized fuels and power

  

  If the Argentine government does not manage to stabilize its energy balance, which is one of the main drains of US dollars, the ban on hard currency purchases, the barriers to imports and the growing obstacles to spend money overseas for Argentine travellers will continue and could worsen, according to Buenos Aires analysts.

• Friday, August 2nd 2013 - 03:01 UTC

  Argentina’s energy challenges according to The Economist: Flogging a dead cow

  

  The Economist in its latest printed edition addresses Argentina’s challenges in the energy field including the seizure of a majority stake in YPF from Spain’s Repsol and the latest agreement with US oil company Chevron to exploit shale oil and gas.

• Saturday, July 27th 2013 - 05:11 UTC

  Repsol takes YPF/Chevron deal to World Bank’s Investment Disputes Centre

  

  Spanish oil company Repsol asked the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) to take provisional measures to prevent YPF state-owned oil company to execute the deal it sealed with Chevron last year to explore for unconventional hydrocarbons in the Vaca Muerta shale formation.

• Saturday, July 20th 2013 - 06:11 UTC

  Argentina’s economic activity picks up 7.8% in May and 4.1% in first five months

  

  Argentina's economic activity jumped 7.8% in May from a year earlier, according to the country’s questioned stats office, Indec. President Cristina Fernandez had anticipated the news earlier in the week in a televised speech.