Fracking activity in Vaca Muerta, Argentina shot up in January to its highest level in 17 months, according to the Argentine unit of Houston-based services company NCS Multistage.
Argentine oil company YPF SA has sold its first commercial liquefied natural gas (LNG) cargo to Brazilian state energy firm Petrobras, according to media reports in Buenos Aires.
Argentina's front-running candidate for president, Alberto Fernandez, has been asked by advisors within his left-leaning coalition to freeze natural gas and power tariffs and to peg oil product prices to pesos instead of dollars as measures to contain inflation and spur economic growth.
Argentina’s state-controlled oil company YPF said a gas well caught fire at its vast shale oil and gas formation of Vaca Muerta early on Sunday following a gas leak on the previous day.
Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) needs to lay out a more competitive plan in terms of prices and delivery methods if it is to negotiate the sale of gas to private Brazilian companies in an adverse political context, according to former minister and hydrocarbons specialist Álvaro Ríos.
Argentina will seek 780 million US dollars to recover the Norpatagónico freight railroad to link the Vaca Muerta hydrocarbon facilities to the port of Bahía Blanca, in the province of Buenos Aires, through Neuquén, La Pampa and RioNegro, President Mauricio Macri's administration announced Wednesday.
Argentina's biggest natural gas transporter, Transportadora de Gas del Sur, and Texas-based Excelerate Energy, signed on Monday a memorandum of understanding to evaluate building the country's first liquefaction plant, as rising natural gas production fuels export prospects.
Argentina's state-run oil company YPF is disappointed by cuts to the government's natural gas production subsidies and will re-allocate investment toward crude oil production.
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.
The chief executive officer of Argentina’s state-owned oil company YPF has resigned and a six-member executive committee will run the company. The company did not name a replacement for CEO Ricardo Darre, who had held the job since July of last year. Darre, an engineer, had previously worked for French oil company Total in the United States.