Argentina Archives -

CERAWeek: Argentina to Export 1 MMb/d by 2030, Daniel González Says

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 11.Mar.2025) — Argentina could be exporting 1 million barrels per day ( MMb/d) in 5 years, Argentina’s Minister of Economy Daniel González said during CERAWeek by S&P Global in Houston, Texas. This is in great part due to the prolific Vaca Muerta […]

CERAWeek Day 2 NRGBriefs from Harbour and Petrobras to Woodside to PMI Internacional

HOUSTON, TEXAS (Energy Analytics Institute, 11.Mar.2025) — Energy briefs and highlights from Day 2 of CERAWeek by S&P Global 2025 in Houston, Texas. — Woodside Energy CEO and managing director: “We have the conviction that LNG is going to be an energy commodity that’s going to play an increasingly important […]

Argentine Fracking Boom in Vaca Muerta: Record-Breaking Activity Continues

RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 11.Mar.2025) — The American shale revolution, this time in Argentina, is picking up and kicking into high gear, with record-breaking fracking stages in Vaca Muerta over the past months. Industry data shows over 2,000 monthly frac stages, a milestone that solidifies Argentina’s […]

COMMENTARY: Argentina Sets Course to Become a Key Hydrocarbon Exporter

RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 9.Mar.2025) — Argentina’s energy sector is poised to become a major driver of economic growth in the coming years. The South American country is expected to see a strong rise in crude oil and natural gas exports while progressively reducing its reliance […]

LatAmNRG Heard: US Pressures IOCs in Venezuela, Mexico Pacific Ltd. and Ebrard’s FDI Expectations

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 7.Mar.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 7 Mar. 2025. —Argentina: The divestment of assets by IOCs in Argentina, such as those announced by Norway’s Equinor and the US’ ExxonMobil Corporation, points to […]

Argentina’s YPF at a Glance: Vaca Muerta Anchors Record Production and Exports in 2024

RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 7.Mar.2025) — In 2024, Argentina’s state-owned oil and gas company YPF strengthened its leadership in the Vaca Muerta shale play, achieving significant growth in production, exports, and unconventional oil reserves. The Buenos Aires-based company closed 2024 with impressive results. In 2024, YPF boasted […]

COMMENTARY: GeoPark Expands Footprint in Vaca Muerta with Key Acquisition

RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 6.Mar.2025) — GeoPark Limited made a strategic move into Argentina’s Vaca Muerta shale play, reinforcing its commitment to unconventional resource development. GeoPark’s financial report for 2024 highlights the acquisition of 4 hydrocarbon blocks in the region, signaling a significant step in its growth […]

Treasury’s Bessent Makes Introductory Call with Argentine Finance Minister Luis Caputo

NEW ORLEANS, LOUISIANA (Pietro D. Pitts, Energy Analytics Institute, 23.Feb.2025) — US Treasury secretary Scott Bessent conducted an introductory phone call with Argentine finance minister Luis Caputo. The officials discussed “[Javier] Milei administration’s very impressive reform efforts to reduce inflation, rekindle private sector-led growth, reduce poverty, and increase real wages,” […]

LatAmNRG Heard: Halliburton Argentina Firings, Equinor’ Vaca Muerta Assets

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.Feb.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 21 Feb. 2025. —Argentina: Halliburton said to have fired 300+ workers in Comodoro in Argentina, according to union officials in the South American country. —Argentina: Equinor […]

Equinor Engages Bank of America to Divest Vaca Muerta Participation

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Equinor has reportedly engaged Bank of America to assist the Nordic company with the divestment of its participation in the Bandurria Sur and Bajo del Toro Norte areas in Argentina. The 2 blocks are located in the prolific Vaca Muerta […]

Vista Reports 18% Rise in Reserves, 323% Reserves Replacement Ratio [PDF Download]

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 18.Feb.2025) — Vista Energy, S.A.B. de C.V.‘s estimated and certified proved (P1) oil and gas reserves reached 375.2 million barrels of oil equivalent (MMboe) as of 31 Dec. 2024, up 18% year-over-year compared to 318.5 MMboe. Additions to P1 reserves totaled 82.2 […]

Argentina Starts Historic Electrical Modernization in AMBA

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 17.Feb.2025) — Argentina’s Energy Secretariat published a national and international tender called “GBA Storage -AlmaGBA”, through Resolution 67/2025, intended for the contracting of electricity storage plants. This initiative, unprecedented in the South American country but already applied worldwide, seeks to add 500 […]

SMC Global Establishes SMC Argentina as Part of LatAm Expansion

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 11.Feb.2025) — SMC Global announced further expansion into Latin America with establishment of SMC Argentina. This follows the successful launch of its subsidiary SMC Brazil in 2024 and further strengthens its presence in the region. This strategic expansion allows SMC Global — […]

CERAWeek by S&P Global: Houston, 10-14 Mar. 2025

HOUSTON, TEXAS (S&P Global, 10.Feb.2025) — The 43rd annual gathering of CERAWeek by S&P Global—the world’s preeminent energy conference—will convene energy industry leaders, experts, government officials and policymakers, as well as leaders from the technology, financial and industrial communities, 10-14 Mar. 2025 in Houston. CERAWeek 2025: Moving Ahead: Energy strategies for […]

YPF Divests YPF Brasil to Brazilian Companies for $2.3mn

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 3.Feb.2025) — YPF S.A. completed the sale of all the shares of its Brazilian subsidiary YPF Brasil Comercio de Derivados de Petrol LTDA, based in Sao Paulo, to the Brazilian companies GMZ Holding LTDA, and IGP Holdings Participacoes S/A, with the intervention […]

NRGBriefs Jan. 2025: Golden Pass LNG, Chevron CEO on Argentina Growth

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Energy briefs as well as others related to finance, economics, politics, and projects during Jan. 2025 including Venezuela Edmundo González Urrutia planning to tour Argentina, Uruguay, Panama, the US, and the Dominican Republic before his proposed return to Venezuela on or […]

Exxon Eyes Production of 5.4 MMboe/d in 2030, Aided by Permian and Guyana Volumes

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 31.Jan.2025) — ExxonMobil Corporation has an eye on boosting upstream production to around 5.4 million barrels per day of oil equivalents (MMboe/d) in 2030 compared to 4.3 MMboe/d in 2024. This, as production was 4.6 MMboe/d in the fourth-quarter 2024 (4Q:24), up […]

YPF Completes 100% Acquisition of Shares and Capital Stock of Mobil Argentina for $327mn

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 30.Jan.2025) — YPF S.A. completed the 100% acquisition of the shares and capital stock of Mobil Argentina S.A. (MASA) on 29 Jan. 2025. The transaction was for $327mn, which includes the purchase of the working capital of the company and the price […]

EAI Reveals 2025 Editorial Calendar and SPAD Opportunities

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 29.Jan.2025) — Energy Analytics Institute (EAI), formerly LatinPetroleum.com, revealed its editorial calendar for 2025, which offers sponsorship and advertising (SPAD) opportunities to companies interested in the energy sectors in the Latin America and Caribbean (LAC) region in particular and the global energy sectors […]

Argentina’s Hydrocarbon Production Reaches Highest Level in 15 Years

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 24.Jan.2025) — Argentina’s hydrocarbon production in 2024 reached levels last achieved in 15 years. Oil production reached 256,268,454 barrels (bbls), its highest level since 2003, while gas production reached 50,726,747 cubic meters (m3), its highest level since 2006, Argentina’s Energy Secretariat announced 24 Jan. […]

Moody’s Upgrades Argentina’s Currency Ratings, Upgrades Outlook to Positive

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 24.Jan.2025) — Moody’s Ratings upgraded the government of Argentina’s long-term foreign currency and local currency issuer ratings to Caa3 from Ca. The outlook has been changed to positive from stable, Moody’s said 24 Jan. 2025 in a research report seen by Energy […]

YPF Inks MOU for the Export of up to 10 MTPA with 3 Indian Companies

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 21.Jan.2025) — Argentina’s state-owned YPF SA signed a Memorandum of Understanding (MOU) with 3 Indian companies for the export of up to 10 million tonnes per annum (mtpa) of Argentine liquefied natural gas (LNG). The MOU was signed with Oil and Natural […]

Argentina Reports Energy Surplus of $5.668bn in 2024

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 21.Jan.2025) — Argentina reported a commercial energy balance surplus of $5.668bn in 2024, the highest such surplus in 18 years, according to the country’s Energy Secretariat. In 2024, Argentina’s energy exports were $9.677bn, while its energy imports were $4.009bn, the Energy Secretariat […]

LatAm NRG Heard: Mexico 2nd Energy Sector Laws, Drill Baby Drill’s Return

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 17 Jan. 2025. —Argentina: The gov’t of president Javier Milei is starting the privatization process for Argentina’s national highways and routes. —Ecuador: Ecuador’s EP PetroEcuador says […]

Some Parts of Milei’s Capital Buenos Aires Without Energy Amid Summer Heat

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 17.Jan.2025) — Argentina’s President Javier Milei is going through a brutal heat wave, which has left many citizens, especially in the country’s capital Buenos Aires, without energy. The heat wave, early in Argentina’s summer, could force the country to eye emergency energy […]

EVENT: Unlocking the Potential of Suriname

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Jan.2025) — Under the theme “Unlocking the Potential of Suriname: A Path Towards Growth and Prosperity,” IBC 2025 in Paramaribo will bring together local and international stakeholders for a three-day B2B conference. The event will highlight investment opportunities, showcase innovative solutions, and foster […]

The Milei Way: ¡Viva La Libertad, Carajo!, RIGI, Vaca Muerta and Argentine LNG Exports

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 15.Jan.2025) — For energy investors pondering Argentina’s massive Vaca Muerta shale play potential and other opportunity sets, just brace yourself for president Javier Milei’s catchphrase: “¡Viva la libertad, carajo!” or “Long live freedom, damn it!” Oh yeah, then there’s a little adjustment […]

Work to Boost Electric Supply Nears Completion in Taquimilán, Neuquén

(Aaron Simonsky, Energy Analytics Institute, 12.Jan.2025) — Work continues to expand the electricity supply in Taquimilán, Neuquén to provide public lighting to 242 lots located at the entrance to the town and is close to reaching completion. Approximately 95% of the work has been completed and is progressing within the […]

LatAm NRG Heard: US Sanctions PDVSA Head, Milei’s Popularity, BP Shuts Azerbaijan Platform

(Editors at Energy Analytics Institute, 10.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 10 Jan. 2025. —Argentina: Vaca Muerta oil and gas production continues to rise spurring hopes of continued oil and gas exports and soon year round LNG exports —Argentina: […]

WoodMac: Key Upstream Things to Look for in 2025

(WoodMac, 8.Jan.2025) — Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns, setting 2025 up to be a year of mixed messages. Wood Mackenzie recently released the Global Upstream: 5 things to look for in 2025 report. Key themes to watch for […]

LatAm NRG Heard: Keith Rowley Exit, Venture Global IPO

(Editors at Energy Analytics Institute, 3.Jan.2025) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 3 Jan. 2025. —Argentina: Gov’t of president Javier Milei giving full support to Venezuela’s Edmundo González Urrutia as he prepares his return to Venezuela on 10 Jan. 2025 after a […]

YPF Starts Tender for Outstanding 8.500% Senior Notes due Jul. 2025

(Editors at Energy Analytics Institute, 2.Jan.2025) — Argentina’s state-owned YPF Sociedad Anónima commenced a cash tender offer to purchase any and all of YPF’s outstanding 8.500% Senior Notes due Jul. 2025. The tender is subject to the terms and conditions set forth in YPF’s “Offer to Purchase,” including the concurrent or […]

EAI 4Q24 NRG Prospector [Complimentary PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Jan.2025) — Download the 4Q:24 NRG Prospector eMagazine with updates, analysis, features, briefs and “heard on the street” from Argentina, Brazil, Bolivia, Canada, Chile, Colombia, Ecuador, Guyana, Mexico, Suriname, Trinidad and Tobago, the US and Venezuela, as well as Asia, Europe and Africa […]

EAI’s NRGBriefs Dec. 2024: Exxon Guyana, Venture Global IPO, Rio Tingo Argentina

(Energy Analytics Institute, 31.Dec.2024) — Energy briefs as well as others related to finance and projects during Dec. 2024 including Venture Global filing for IPO; Rio Tinto approving $2.5bn to expand the Rincon project in Argentina; ExxonMobil, with the announcement of the Hammerhead and Longtail projects offshore Guyana, looking to […]

EAI Southern Cone NRG Dashboard 4Q:24 [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Dec.2024) — Energy Analytics Institute‘s Southern Cone NRG Dashboard 4Q:24 with upstream, downstream, midstream, liquefied natural gas (LNG), renewable, new energies and other updates from Argentina (planned LNG projects, plans in the prolific Vaca Muerta shale play), Bolivia, Brazil (pre-salt and floating production, […]

LatAm NRG Heard: Energía Argentina and Transener, Tula and Salina Cruz Refineries

(Energy Analytics Institute, 27.Dec.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 27 Dec. 2024. —Argentina: Energía Argentina SA initiated a process to divest its shrs in Transener, Argentina’s main energy transport co. The decision is in line w/ the gov’t of president Javier […]

LatAm NRG Heard: Argentina’s GDP, Chevron Venezuela, Plan Mexico

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Dec.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 20 Dec. 2024. —Argentina: Argentina’s gross domestic product (GDP) rose 3.9% in the 3Q:24 v the 2Q:24, according to the Ministry of Economy. —Mexico: Mexico’s Plan Mexico will […]

Argentina Reports Energy Trade Balance Surplus between Jan.-Nov. 2024

(Energy Analytics Institute, 20.Dec.2024) — Argentina’s national government said the South American country registered an energy trade balance surplus of over $514mn in Nov. 2024, and a surplus of $4,806mn in the first 11 months of 2024 owing to a growth in exports and a sharp drop in imports. In […]

Oil Production and Export Boom Driving Neuquén’s Economy

(Camilo Ciruzzi, Energy Analytics Institute, 21.Dec.2024) — Production grows 9.5% in the first ten months of the year, driven by the Neuquén Basin. Exports increased by 42%, generating over $1.4 billion in additional revenues. Argentina’s hydrocarbon sector is undergoing significant growth, and the Neuquén Basin, home to the Vaca Muerta […]

YPF and Shell Ink PDA for $55bn Argentina LNG 10 MTPA Phase 1

(Pietro D. Pitts, Energy Analytics Institute, 19.Dec.2024) — YPF SA president and CEO Horacio Marín, and Shell’s executive vice resident of LNG Cederic Cremers inked a project development agreement (PDA) in The Hague, Netherlands for development the Argentina LNG project. “We are proud to have Shell, with its world leading […]

Argentina Starts 6 MMcm/d Mercedes Compressor Plant

(Energy Analytics Institute, 19.Dec.2024) — Argentina’s national government announced the start-up of the Mercedes Compressor Plant, a key infrastructure that will increase the transportation capacity of the Mercedes-Cardales Gas Pipeline by 6 million cubic meters per day (MMcm/d), allowing the pipeline to reach a total transportation capacity of 15 MMcm/d. […]

Shell Inks Deal in The Hague to Enter Argentina LNG

(Energy Analytics Institute, 19.Dec.2024) — Shell plc signed a major development agreement for the ambitious Argentina LNG export project. The deal was inked by Shell’s Executive Vice President of LNG Cederic Cremers in the company’s headquarters in The Hague, Netherlands, YPF president Horacio Daniel Marín announced 19 Dec. 2024 in […]

ExxonMobil Completes Argentina Exit

(Camilo Ciruzzi, Energy Analytics Institute, 18.Dec.2024) — Spring, Texas-based ExxonMobil officially completed its exit from Argentina. ExxonMobil’s exit from the South American country has been formalized through two key transactions that strengthen the positions of two Argentine companies in the prolific Vaca Muerta formation, Argentina’s most important unconventional oil and […]

LatAm NRG Heard: Milei’s Popularity, ECA’s early-2026 Start-up, Saguaro Energía

HOUSTON, TEXAS (Energy Analytics Institute, 13.Dec.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 13 Dec. 2024. —Argentina: Argentina’s president Javier Milei maintains strong popularity 1 yr into his presidency as the Argentine peso has appreciated, inflation has fallen and foreign/domestic investors in the […]

IAPG Lunch: 13 Dec. 2024 Photo Journal

(Piero Stewart, Energy Analytics Institute, 13.Dec.2024) — This IAPG help its annual lunch on 13 Dec. 2024 in Argentina. The celebration luncheon corresponds to the country’s National Oil Day, an occasion that celebrates the discovery of hydrocarbons in Comodoro Rivadavia (Province of Chubut) on 13 Dec. 1907. The traditional IAPG […]

Rio Tinto Earmarks $2.5bn for Rincon Lithium Project in Argentina

(Energy Analytics Institute, 12.Dec.2024) — Rio Tinto eyes investing $2.5bn to expand the Rincon project in Argentina, the company’s first commercial scale lithium operation, demonstrating its commitment to building a world-class battery materials portfolio. Rincon’s capacity of 60,000 tonnes of battery grade lithium carbonate per year is comprised of the […]

Argentina’s Hydrocarbon Sector Takes Baby Steps in 2024, Bigger Steps to Come in 2025

(Camilo Ciruzzi , Energy Analytics Institute, 11.Dec.2024) — Efforts by Argentina’s president Javier Milei have resulted in a more flexible regulatory framework and to the benefit of his South American country’s hydrocarbon sector as strategic projects continue to inch forward. No surprise, Argentina’s crude oil and natural gas sectors are […]

YPF Eyes Southern Energy SA FLNG Project

(Camilo Ciruzzi , Energy Analytics Institute, 8.Dec.2024) — Buenos Aires-based YPF SA has an eye solidifying its position in the global LNG market. That, as the state-owned company’s eyes are now focused on two liquefaction projects in Argentina. While advancing its own project (Argentina LNG), YPF has also announced its […]

LatAm NRG Matters: Highlights, Heard for the Week Ended 6 Dec. 2024

(Energy Analytics Institute, 6.Dec.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 6 Dec. 2024. —Argentina: The Minister of Energy of Neuquén met w/ large oil cos. to advance the infrastructure agenda for the Vaca Muerta shale formation as the province seeks to accelerate […]

Argentina’s Vaca Muerta Anchors Record Production

(Camilo Ciruzzi, Energy Analytics Institute, 6.Dec.2024) — Argentina’s crude oil and natural gas sectors are experiencing a historic surge. That, as production nears record highs, driven by the prolific Vaca Muerta shale formation. Continued development of Vaca Muerta is reshaping the South American country’s energy landscape, reducing reliance on costly […]

Harbour Inks Deal for Southern Energy SA FLNG Project in Argentina

(Energy Analytics Institute, 3.Dec.2024) — Harbour Energy inked a participation agreement with Pan American Energy and Golar LNG to buy a 15% interest in Southern Energy SA, a company which has an eye on developing a floating liquefied natural gas (FLNG) export project in Argentina. Southern Energy involves deploying Golar’s […]

FACT SHEET: Harbour Energy in Argentina

(Harbour Energy, 3.Dec.2024) — Harbour Energy is a major supplier of energy and one of Argentina’s top producers of natural gas. The UK-based company has been active in Argentina for over four decades and has a long-term operator partnership through France’s TotalEnergies. In Argentina, Harbour is active in the Neuquén […]

LatAm NRG Matters: Highlights, Heard for the Week Ended 29 Nov. 2024

(Energy Analytics Institute, 29.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 29 Nov. 2024. —Argentina: YPF has put Metrogas up on the auction blk, various local media outlets in Argentina report. —Argentina: YPF plans to merge its Argentina LNG project w/ rival’s venture, […]

GeoPark Limited to Pay $530mn for Repsol’s E&P Assets in Colombia

(GeoPark, 29.Nov.2024) — GeoPark Limited signed sale and purchase agreements (SPAs) with Repsol Exploración S.A. and Repsol E&P S.A.R.L (collectively referred to as Repsol) to acquire Repsol’s upstream oil and gas assets in Colombia. The SPAs include the acquisition of 100% of Repsol Colombia O&G Limited, which owns a 45% […]

PAE Issues Reservation Notice to Golar LNG for FLNG Hilli

(Energy Analytics Institute, 30.Oct.2024) — Pan American Energy (PAN) issued a reservation notice in Oct. 2024 reserving the floating liquefied natural gas (FLNG) Hilli to PAE and Golar LNG’s liquefaction project in Argentina. This reservation notice ends Golar’s option to nominate an alternative FLNG vessel to service the PAE contract, […]

Protected: Argentina’s Vaca Muerta: A Game-Changer in the Making

There is no excerpt because this is a protected post.

LatAm NRG Matters: Highlights, Heard for the Week Ended 22 Nov. 2024

(Energy Analytics Institute, 22.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 22 Nov. 2024. LATIN AMERICA AND THE CARIBBEAN —Argentina: In Oct. 2024, Argentina exported $817mn in fuel and energy, accumulating $7,995mn in the first 10 mths of 2024. —Argentina: In Oct. 2024, […]

The Vaca Muerta Gas-export Plan is a Pipe Dream

(Reuters, 21.Nov.2024) — Natural gas production is booming in Argentina’s vast Vaca Muerta shale lands, but full pipelines and the government’s free-market approach to paying for new ones may prevent the country from becoming a major gas exporter by early next decade. About $58 billion worth of new or upgraded […]

Argentina and Brazil Ink MOU for Vaca Muerta Gas

(Energy Analytics Institute, 19.Nov.2024) — Argentina’s Economic Minister Luis Caputo and Brazil’s Energy and Mining Minister Alexandre Silveira signed a memorandum of understanding (MOU) to discuss the necessary infrastructure needed for the export of Vaca Muerta shale natural gas to Brazil. At stake is potential for Argentina to export 30 […]

LatAm NRG Matters: Highlights, Heard for the Week Ended 15 Nov. 2024

(Energy Analytics Institute, 15.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 15 Nov. 2024. —Argentina: The Argentine govt changed the name of the Gasoducto Néstor Kirchner to Gasoducto Perito Moreno. —Ecuador: Ecuador eyes exporting 7,920,000 bbls between Nov. 2024-Jan. 2015, which will generate […]

GeoPark Reports Exploration Success at Confluencia Norte

(Chad Archey, Energy Analytics Institute, 12.Nov.2024) — GeoPark Limited announced the successful start of production in the Confluencia Norte Block in Rio Negro, Argentina. This marks a major de-risking achievement in GeoPark’s partnership with Phoenix Global Resources (PGR) in the Vaca Muerta formation. The Confluencia Norte Block (GeoPark non-operated, 50% […]

LatAm NRG Matters: Highlights, Heard for the Week Ended 8 Nov. 2024

(Energy Analytics Institute, 8.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 8 Nov. 2024. —Argentina: YPF execs. met in Buenos Aires w/ the Chancellor of Hungry to discuss the Argentina LNG project. —Ecuador: Ecuador is looking to acquire 195MW from private cos. in […]

YPF Advances VMOS and Oldelval Midstream Projects

(Pietro D. Pitts, Energy Analytics Institute, 8.Nov.2024) — State-owned YPF SA continues to advance various midstream projects on Argentina’s Atlantic coast, in particular the two tranche Vaca Muerta South (VMOS) pipeline and the Oldelval pipeline. Work on VMOS has reached the 50% mark. Construction continues to progress related to the […]

YPF Reports 3Q:24 Results (PDF Downloads)

(YPF, 8.Nov.2024) — Argentine state-owned YPF SA reported third-quarter 2024 financial and operational results, including details related to shale production in Argentina, Capex, the Vaca Muerta South project, and exports to Chile. ____________________

LatAm NRG Matters: Highlights, Heard

(Energy Analytics Institute, 1.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 1 Nov. 2024. —Argentina: Citigroup downgraded Pampa Energia to neutral from buy, adjusted its price target to $75/shr v $58/shr; Citigroup also upgraded YPF to buy from neutral, adjusted its price target […]

ExxonMobil Reports 3Q:24 Earnings of $8.6bn (PDF Downloads)

(ExxonMobil, 1.Nov.2024) — Exxon Mobil Corporation announced third-quarter 2024 earnings of $8.6bn, or $1.92 per share assuming dilution. Cash flow from operating activities was $17.6bn and free cash flow was $11.3bn. Capital and exploration expenditures were $7.2bn in the third quarter, bringing year-to-date 2024 expenditures to $20bn, in line with […]

TotalEnergies CEO to Javier Milei: “We Want Our Money Back”

(Energy Analytics Institute, 31.Oct.2024) — TotalEnergies chairman and CEO Patrick Pouyanné told analysts during the company’s third-quarter 2024 (3Q:24) webcast that the French company wants its money in Argentina. “Argentina is a specific country where you cannot repatriate dividends freely. So as long as it remains the same, as I […]

Exxon to Sell its Vaca Muerta Assets to Pluspetrol

(Reuters, 30.Oct.2024) — U.S. energy giant Exxon Mobil agreed on the terms and conditions to sell its oil and gas assets in Argentina’s Vaca Muerta formation to Pluspetrol, a source at Exxon Mobil said on Wednesday. Exxon will sell five blocks in Argentina’s western Neuquen province, home to Vaca Muerta, […]

Tecpetrol and Pampa Energía Move Forward with Plans for Bahía Blanca

(Energy Analytics Institute, 29.Oct.2024) — Vaca Muerta shale formation producers Tecpetrol and Pampa Energía are reportedly moving forward with plans to utilize the Bahía Blanca port area recently abandoned by state-owned YPF SA and its Malaysian counterpart Petronas in favor of another port at Río Negro. Tecpetrol, Argentina’s main shale […]

LatAm NRG Matters: Highlights, Heard for the Week Ended 25 Oct. 2024

(Energy Analytics Institute, 25.Oct.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 25 Oct. 2024. —Argentina: Oil production reached 740.8 Mb/d in Sep. 2024, up 14.7% y-o-y, while gas production reached 147.1 MMcm/d, up 2.9% y-o-y, the Secretariat of Energy said. —Argentina: Argentine gas […]

Argentina Oil & Gas Patagonia: 25 Oct. Photo Journal

(Energy Analytics Institute, 25.Oct.2024) — Argentina Oil & Gas Patagonia 2024, under the organization of IAPG, took place from 23-25 Oct. 2024. What follows are photo-journalistic excerpts from the event. All photos are courtesy of IAPG. ____________________ By Editors at Energy Analytics Institute. © Energy Analytics Institute (EAI). All Rights […]

Argentina Oil & Gas Patagonia: 24 Oct. Photo Journal

(Energy Analytics Institute, 24.Oct.2024) — Argentina Oil & Gas Patagonia 2024, under the organization of IAPG, took place from 23-25 Oct. 2024. What follows are photo-journalistic excerpts from the event. All photos are courtesy of IAPG. ____________________ By Editors at Energy Analytics Institute. © Energy Analytics Institute (EAI). All Rights […]

Argentina Oil & Gas Patagonia: 23 Oct. Photo Journal

(Energy Analytics Institute, 23.Oct.2024) — Argentina Oil & Gas Patagonia 2024, under the organization of IAPG, took place from 23-25 Oct. 2024. What follows are photo-journalistic excerpts from the event. All photos are courtesy of IAPG. ____________________ By Editors at Energy Analytics Institute. © Energy Analytics Institute (EAI). All Rights […]

GeoPark Argentina Approved to Issue up to $500mn in Debt

(Energy Analytics Institute, 22.Oct.2024) — GeoPark Limited’s wholly owned subsidiary GeoPark Argentina S.A. received approval from the Argentinian securities regulator (Comisión Nacional de Valores or “CNV” by its Spanish acronym) to issue up to $500mn in debt securities over the next five years. Additionally, GeoPark Argentina has obtained an “AA+(arg)” […]

GeoPark Limited’s Mata Mora Norte Block Producing over 12,500 boe/d

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 22.Oct.2024) — GeoPark Limited said the Mata Mora Norte Block is currently producing over 12,500 barrels of equivalent oil per day (boe/d) gross and is expected to generate $90mn-$100mn in adjusted EBITDA in the full-year 2024 on a pro-forma basis. By the 2028-2030 […]