Tag: YPF

• Tuesday, December 31st 2019 - 13:15 UTC

  On request from Alberto Fernandez, YPF rolls back a 5% increase in fuel prices

  

  Argentine president Alberto Fernandez asked the state-managed oil company YPF to roll back a 5% increase on fuels scheduled to become effective, January first, and which would have a major impact on inflation and food prices.

• Friday, August 23rd 2019 - 09:40 UTC

  Norway's Equinor and YPF team up to explore Argentina offshore block

  

  Norway Equinor’s executive vice president for Exploration, Tim Dodson, and YPF's CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN 100 offshore block, located in the North Argentine Basin.

• Friday, August 2nd 2019 - 18:52 UTC

  Argentina's production of oil and gas goes up although Santa Cruz and Mendoza's go down

  

  The output of oil and gas in the Argentine province of Mendoza hit its lowest mark in ten years, contrary to what goes on in the rest of the country, local authorities have announced. The lack of calls for bids during previous administrations has been singled out as the cause of the poor results.

• Thursday, August 1st 2019 - 09:25 UTC

  Argentina expanding LNG pipeline from Vaca Muerta to Buenos Aires

  

  Argentina on Wednesday launched an international tender for a multibillion-dollar pipeline to transport natural gas from the Vaca Muerta shale formation in the western part of the country to capital Buenos Aires. Bids will be opened on September 12.

• Friday, July 26th 2019 - 09:44 UTC

  YPF hires an LNG tanker to ship Vaca Muerta shale gas to global markets

  

  Argentina's YPF said on Thursday it reached a preliminary agreement with Texas-based Excelerate Energy to hire an LNG tanker for shipping cargoes to global export markets, as the state-backed energy company seeks to offload a growing surplus of shale gas production.

• Thursday, June 27th 2019 - 15:10 UTC

  Argentina's shale boom at Vaca Muerta seems to be finally taking off

  

  By Tsvetana Paraskova for Oilprice.com - After years of drilling and development and billions of U.S. dollars of investment, Argentina’s vast shale play Vaca Muerta has finally seen the first tangible results with the first exports of light crude oil and liquefied natural gas (LNG) from the resource-rich formation.

• Tuesday, June 25th 2019 - 09:05 UTC

  US Supreme Court upholds lower court shareholder lawsuit against YPF

  

  The U.S. Supreme Court on Monday rejected Argentina’s bid to fend off a lawsuit by energy company Petersen Energía Inversora, S.A. seeking compensation for shares it owned in the now-nationalized YPF S.A. energy company.

• Tuesday, June 25th 2019 - 08:48 UTC

  YPF back in the money market issuing US$ 500 million ten year notes

  

  YPF, Argentina’s biggest oil company, sold overseas bonds for the first time in more than a year after a plunge in borrowing costs opened a window of opportunity. The state-owned driller issued US$ 500 million of 10-year, dollar-denominated notes to yield 8.75%.

• Saturday, May 11th 2019 - 08:31 UTC

  YPF focusing on shale oil to increase production growth

  

  YPF, the largest oil and natural gas producer in Argentina, is focusing on shale oil for production growth as a glut slows natural gas output, managers at the state-backed company said Friday.

• Friday, February 8th 2019 - 10:13 UTC

  Vaca Muerta shale oil production soared 52% and gas 193%, during 2018

  

  Vaca Muerta, the biggest shale play in Argentina, led a year-on-year increase in oil and natural gas production in 2018 in Neuquen, as more companies bet on the resources for growth in the southwestern province.