YPF Acquires Own Shares
(Energy Analytics Institute, 20.Nov.2020) — Argentina’s state-controlled oil and gas entity YPF Sociedad Anónima (YPF) acquired its own shares in the market (articles 64 and related articles of the Capital...
Envision Commissions Wind Farm In Argentina
(Envision, 18.Nov.2020) — Envision Energy, a leading green tech company today announced the commissioning of Vientos Del Secano, a 50-megawatt wind farm in the Buenos Aires Province of Argentina. This...
Argentina Offers Profit Repatriation For Gas Investment
(Argus, 17.Nov.2020) — Argentina's government is offering hard currency access to energy companies that sign up to a new program designed to stimulate natural gas production through state-subsidized wellhead prices....
Pampa Energía Announces Quarterly Results
(Pampa Energía, 11.Nov.2020) — Pampa Energía S.A., the largest independent energy integrated company in Argentina, with active participation in the country's electricity and gas value chain, announces the results for...
YPF Reports $482mn Net Loss In 3Q:20
(Energy Analytics Institute, 11.Nov.2020) — Argentina’s state-controlled YPF announced operating and financial results for the third quarter of 2020. What follows is a summary of key data. MAIN HIGHLIGHTS OF...
YPF Faces Mountain Of Debt Payments
(Energy Analytics Institute, 11.Nov.2020) — Argentina’s state owned oil and gas entity YPF will face around $8.05bn in debt payments between the fourth quarter of 2020 and 2026 and beyond....
Argentina And Chile Briefs: IMF Debt, Pension Reform
(Energy Analytics Institute, 11.Nov.2020) — Briefs on Argentina and Chile related to IMF officials in Argentina to renegotiate around $44bn in debt and tensions rise in Chile over pension reform....
YPF To Boost Output In The Rincón del Mangrullo Block
(Energy Analytics Institute, 9.Nov.2020) — Argentina’s YPF plans to drill 24 wells in the Rincón del Mangrullo Block at two unconventional developments between now and 2021. The developments on the...
Argentina’s Gas Output At 125.5 MMcm/d Thru August
(Energy Analytics Institute, 6.Nov.2020) — Argentina’s production of natural gas averaged 125.5 million cubic meters per day (MMcm/d) or 4.43 billion cubic feet per day (Bcf/d) in the eight months...
Argentina’s Oil Output At 483,453 B/D Thru August
(Energy Analytics Institute, 6.Nov.2020) — Argentina’s production of crude oil averaged 483,453 barrels per day in the eight months between January and August of 2020, according to data from the...
YPF Fuels Wins Top TierTM Certification
(Energy Analytics Institute, 3.Nov.2020) — Fuels produced by Argentina’s YPF again won the Top TierTM international certification, which is promoted by the ten most important automotive companies in the North...
Seeds Energy Inaugurates Biogas Plant
(Energy Analytics Institute, 24.Oct.2020) — Seeds Energy Group remotely inaugurated its biogas plant located in Venado Tuerto, Santa Fe where it plans investments of $12mn. The plant will contribute 2...
Neuquén Targets 80 Rigs By March 2021: Gutiérrez Says
(Energy Analytics Institute, 22.Oct.2020) — Argentina’s Neuquén Province Governor Omar Gutiérrez said joint work by companies and workers will allow the region to achieve a growth path that will allow...
Compañia Argentina de Comodoro Buys NGX’s Interests In Argentina
(NGX Energy, 20.Oct.2020) — NGX Energy International Corp. (formerly CruzSur Energy Corp.) accepted an offer from Compañia Argentina de Comodoro Rivadavia Explotacion de Petróleo S.A. and Financier S.A. (the "Purchaser")...
Exmar Inks $150mn Agreement With YPF
(Energy Analytics Institute, 19.Oct.2020) — Belgium-based Exmar reached a $150mn settlement with Argentina’s state-controlled YPF SA related to a dispute under the Tango FLNG agreements. In the deal, YPF will...
Córdoba Eyes Higher Biofuel Demand, Exports To Brazil
(Energy Analytics Institute, 12.Oct.2020) — The Córdoba province government of Juan Schiaretti continues to advance varied measures that seek to benefit the region’s biofuels sector. Schiaretti’s government is promoting a...
YPF Releases Audit Committee Report
(Energy Analytics Institute, 7.Oct.2020) — Pursuant to the regulations of the National Securities Commission or the Comisión Nacional de Valores and the terms of Article 73 of Law No. 26,831,...
Eleven Rigs Reactivated In The Vaca Muerta In Neuquén
(Energy Analytics Institute, 3.Oct.2020) — Argentina’s Neuquén Ministry of Energy data reveal 11 drilling rigs have been reactivated in the province, and all targeting the Vaca Muerta formation. Of the...
YPF And Oil Unions Agree To 16.2% Salary Rise
Oil unions in Argentina reached an agreement with state oil and gas entity YPF for a salary increase of 16.2% over basic salaries as of March 2019 and which will be “non-remunerative” and payable from 1 September 2020.
Heard On The Street: Argentina’s Gas Dilemma
(Energy Analytics Institute, 30.Sep.2020) — If Argentina is unable to boost its natural gas production, piped gas imports from Bolivia as well as liquefied natural gas (LNG) imports injected from...
Argentine Gas Imports Were 42.2 MMcm/d In July 2020
(Energy Analytics Institute, 26.Sep.2020) — Argentina’s imports of natural gas from liquefied natural gas (LNG) and piped gas from Bolivia reached 42.2 million cubic meters per day (MMcm/d) in July...
YPF Prepares For Fuel Updates Between Oct.-Dec.
(Energy Analytics Institute, 25.Sep.2020) — YPF, the largest company in Argentina, will increase its fuel prices between now and year end. Two or three price increments are planned, at the...
Investors Pull Plug On Argentina’s Prized Shale Play
(Oilprice.com, 19.Sep.2020) — Much ink has been spilled about the downfall and dubious recovery of the United States shale oil sector. The West Texas Intermediate (WTI) crude benchmark’s dramatic rock...
The Threat Of Oil Nationalism In Argentina
(Oilprice.com, 6.Sep.2020) — Latin America has a long history of resource nationalism, particularly when it comes to petroleum. Since the end of World War Two, this has acted as a...
YPF To Restart Shale Drilling In Argentina
(Argus, 4.Sep.2020) — Argentina's state-controlled YPF will resume drilling activity in the country's Vaca Muerta shale formation after an almost six-month pause resulting from pandemic restrictions. YPF will begin operating...
Argentina Puts Priority On Boosting Oil, Gas Exports
(S&P Global Platts, 28.Aug.2020) — Argentina's new energy secretary Dario Martinez plans to promote oil and natural gas production with a view to increasing exports as part of a strategy...
Argentina’s Shale Province Predicts Slow Recovery
(Argus, 25.Aug.2020) — Argentina's Vaca Muerta shale patch will take 12-18 months to resume pre-Covid-19 activity because of lagging demand, according to Alejandro Monteiro, energy minister of Neuquen province. "We...
Exxon Gets Concession For Los Toldos II Oeste Oil Block
(Zacks Equity Research, 19.Aug.2020) — Exxon Mobil Corporation was recently granted concession by the Neuquen provincial government for exploratory activities in another block, Los Toldos II Oeste, in the prolific...
Traders Are Already Betting On Argentina’s Next Default
(Bloomberg, 18.Aug.2020) — In the next few weeks, if all goes as scripted, Argentine officials will put the finishing touches on a bond restructuring deal and bring an end to...
Oil Cos. Wonder If It’s Worth Looking For Oil Anymore
(Bloomberg, 16.Aug.2020) — A few dots near the bottom corner of the world map in the southern Atlantic, the Falkland Islands were once at the forefront of a new era...
YPF Comments On Refinería del Norte SA
The report includes an opinion relating to provision agreements for transportation, storage and dispatch services by multi-pipeline and fuel transportation services with Refinería del Norte SA, YPF Market Relations Officer Santiago Wesenack said.
ExxonMobil Secures Another LT Vaca Muerta Concession
(Argus, 14.Aug.2020) — ExxonMobil has been awarded a 35-year concession for another block in Vaca Muerta, a massive shale play that has been driving the company's growth in oil and...
Pampa Energía’s Financial Results Thru 30 June 2020
(Pampa, 11.Aug.2020) — Pampa Energía S.A., the largest independent energy integrated company in Argentina, with active participation in the country's electricity and gas value chain, announces the results for the...
Shell Argentina CEO Sean Rooney’s EconoJournal Q&A
(Energy Analytics Institute, 4.Aug.2020) — Shell Argentina President Sean Rooney discussed his company’s operations in Argentina amid the Covid-19 pandemic, including commenting on continued and future development of the Vaca...
IMF’s Head Congratulates Argentina On Debt Deal
(Energy Analytics Institute, 4.Aug.2020) — International Monetary Fund Managing Director Kristalina Georgieva sent out a congratulations to President Alberto Fernandez, Minister Martin Guzman and Argentina’s main creditor groups on reaching...
Ad Hoc Argentine Bond Group On Debt Deal
(White & Case, 4.Aug.2020) — "We are pleased to have reached an agreement in principle with Argentina for a proposal that will provide the country with the necessary economic relief...
BA Province Extends Invitation Memorandum
(The Province of Buenos Aires, 3.Aug.2020) — The Province of Buenos Aires announced that it has further extended the expiration of its invitation made to holders of certain eligible bonds...
YPF Announces Expiration Of Offer For Senior Notes
(YPF, 31.Jul.2020) — YPF S.A. announced today the results as of the Expiration Date (as defined below) with respect to its previously announced exchange offer to exchange any and all...
Argentine Court Rejects Ecuadorian Judgment Against Chevron
(Chevron, 31.Jul.2020) — Argentina’s highest court unanimously rejected the plaintiffs’ final bid to enforce a fraudulent $9.5 billion Ecuadorian judgment against Chevron Corporation. This is the latest in a string...
IMF Press Briefing On Nigeria, Argentina
(IMF, 23.Jul.2020) — Transcript of International Monetary Fund (IMF) press briefing on Nigeria, Argentina, and other countries. MR. RICE: Good morning everyone and welcome to this press briefing on behalf...
Fernandez To Creditors: ‘We Can’t Do Any More’
(FT.com, 19.Jul.2020) —Alberto Fernández, Argentina’s president, has made an impassioned appeal for the world to accept that — with an economy devastated by coronavirus — he cannot budge from his...
YPF Reports Early Exchange Offer Participation
(YPF, 17.Jul.2020) — YPF S.A. announced results of the Early Participation Date (as defined below) with respect to its previously announced exchange offer to exchange any and all of its...
Argentina Axes $2bn Vaca Muerta Gas Pipeline
(Energy Analytics Institute, 15.Jul.2020) — The Vaca Muerta gas pipeline, one of the most ambitious projects of the government of Argentina’s former President Mauricio Macri, was suspended indefinitely by Energy...
Argentina’s YPF Announces Exchange Offering
(YPF, 13.Jul.2020) — Argentina’s state oil company YPF Sociedad Anónima announced 13 July 2020 changes to a debt exchange offering. The offering consists of the following: (i) Class XIII 8.500%...
Will Argentina’s Oil Industry Survive This Crisis?
(Oilprice.com, 6.Jul.2020) — Throughout the 2010s Argentina’s shale deposits were universally listed alongside the US shale gale, denoting the many similarities Vaca Muerta shares with Eagle Ford in particular and...
YPF’s Exchange Offer For $1bn 8.5% Senior Notes
(YPF, 2.Jul.2020) — YPF Sociedad Anónima commenced an exchange offer for any and all of its outstanding US$1,000,000,000 aggregate principal amount of 8.500% Senior Notes due 2021 (the "Old Notes")...
Argentina’s Subsidy Not Enough To Boost Production
(GlobalData, 29.Jun.2020) — Adrian Lara, Senior Oil & Gas Analyst at GlobalData, commented on announcements from Argentina’s government to implement a new plan for subsidizing oil and gas production in...
Argentina Puts Damper On Oil Demand, Production
(S&P Global Platts, 26.Jun.2020) — Argentina has extended a 99-day-old economic lockdown for three more weeks to try to contain a surge in coronavirus cases, including by tightening restrictions on...
YPF Issues Force Majeure Notice On Tango FLNG
(Reuters, 26.Jun.2020) — Belgian shipping company Exmar has said that it had received a force majeure notice from Argentine oil company YPF SA under charter and services deals for the...
Argentina Weighs New Price Subsidy, Freezes Gas Tariffs
(WoodMac, 24.Jun.2920) — Gas pricing and market regulation are again under discussion in Argentina. The coronavirus pandemic has weakened an already vulnerable economy, with the impact felt in the gas...
Bolivia Boosts Gas Exports To Argentina
(Energy Analytics Institute, 10.Jun.2020) — Bolivia’s state oil company Yacimientos Petroliferos Fiscales Bolivianos (YPFB) increased, as of 1 June, natural gas exports requested by Integración Energética Argentina S.A. (IEASA) to...
Bolivia Eyes Ramp Up In Gas Exports To Brazil, Argentina
(Energy Analytics Institute, 10.Jun.2020) — Bolivia’s state oil and gas entity Yacimientos Petrolifos Fiscales Bolivianos (YPFB) has boosted natural gas exports as of 1 June 2020 as requested by Integración...
Echo Provides Update On Santa Cruz Sur Assets
(Energy Analytics Institute, 9.Jun.2020) — Echo Energy has a portfolio of five production concessions in the Austral Basin, Santa Cruz province. The company provided an update on its Santa Cruz...
Shell Suspends Vaca Muerta Ops After Seismic Activity
(Reuters, 7.Jun.2020) — Oil company Royal Dutch Shell Plc said it has suspended operations at its Bajada de Añelo site in Argentina’s Vaca Muerta area after seismic activity in the...
Argentina Defaults On Bonds As Debt Talks Heat Up
(Reuters, 22.May.2020) — Argentina missed payments on around $500 million in already delayed bond coupons on Friday, creditors and a ratings agency said, marking the country’s ninth sovereign default amid...
Argentina Props Up Oil Price At Cost To Producers
(Argus, 19.May.2020) — A new decree in Argentina that establishes above-market prices for domestic crude obliges oil companies to maintain production, payrolls and investment and prevents them from repatriating profits....
Korean Delegation Visits Vaca Muerta Formation
(Energy Analytics Institute, 19.May.2020) — Korean Ambassador Jang Myung-soo visited the Loma Campana field, where production comes from the Vaca Muerta formation, together with personnel from state controlled YPF, as...
Argentina Sets Oil At $45/bbl To Shield Domestic Sector
(Reuters, 19.May.2020) — Argentina's government set the local crude oil reference price at $45 per barrel on Tuesday in a bid to protect the country's hard-hit sector from the impact...
Argentina Set $45/bbl Reference Oil Price
(S&P Global Platts, 18.May.2020) — Argentina's move to set a $45/b domestic crude oil reference price this week has brought cheer to some oil producers, but analysts say it may...
YPF Lays Out Debt Schedule
(Energy Analytics Institute, Aaron Simonsky, 12.May.2020) — Argentina’s state controlled oil and gas producer YPF highlighted its principal debt amortization schedule from 2020 and beyond. Approximately 80% of the company’s...
Pampa Energía Announces 1Q:20 Results
(Pampa, 12.May.2020) — Pampa Energía S.A., the largest independent energy integrated company in Argentina, with active participation in the country's electricity and gas value chain, announces the results for the...
YPF S.A. 1Q:20 Earnings Call Transcript
(Motley Fool, 12.May.2020) — Executives with Argentina’s state oil company YPF conducted a first quarter of 2020 conference call with analyst. A full transcript of the call follows. Contents: Prepared...
Argentina: Unconventional Activity Update
(IHS, 12.May.2020) — The year 2020 has been filled with surprises as the COVID-19 pandemic spreads worldwide, leaving many homebound, resulting in a negative impact for many industries and ultimately...
Pampa Energia To Host Video Conference
(Pampa, 12.May.2020) — Pampa Energía S.A. will host a videoconference to discuss its Q1 20 results on Wednesday May 13, 2020 at 10:00 a.m. Eastern Standard Time / 11:00 a.m....
Argentina To Restore Artificially High Oil Price
(Argus, 11.May.2020) — Argentina will restore artificially high domestic crude prices in an effort to jumpstart its stalled shale play following the March oil price crash and pandemic-driven demand collapse....
Argentina Considers $45/bbl Floor For Domestic Crude
(Bloomberg, 7.May.2020) — West Texas Intermediate has been gaining since its history-making crash in the U.S. last month, trading at around $25. Brent crude has been practically soaring, touching $30...
YPF Names New CEO As Vaca Muerta Faces Setback
(Upstream, 1.May.2020) — Argentine oil company YPF has appointed industry veteran Sergio Affronti as chief executive, replacing Daniel Gonzalez, amid headwinds from the coronavirus pandemic and the collapse in oil...
TGS Files 2019 Annual Report On Form 20-F
(TGS, 29.Apr.2020) — Transportadora de Gas del Sur S.A. today it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 (the "2019 Annual Report")...
Argentina’s YPF SA Files Form 20-F
(YPF, 24.Apr.2020) — YPF SA announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019, with the US Securities and Exchange...
Argentina Plans Higher Local Oil Price
(Reuters, 23.Apr.2020) — Argentina plans to issue a decree setting a higher local oil barrel price to protect the domestic industry from being further decimated by a collapse in global...
Raizen Halts Crude Runs At Buenos Aires Refinery
(Argus, 19.Apr.2020) — Raizen has suspended operations at its 110,000 b/d Buenos Aires refinery in response to the plunge in oil demand caused by coronavirus restrictions. Raizen, a joint venture...
Argentina Sets Stage for Debt Offer With $50Bn Filing
(Bloomberg, 15.Apr.2020) — Argentina registered to issue more than $50 billion in new debt as it prepares to make a painful restructuring offer to holders of its sovereign bonds. The...
Echo Says Santa Cruz Sur Cash Outflows Reduced
(Echo Energy, 14.Apr.2020) — Echo Energy updated on its production and operations, and on progress in relation to cost reduction and cash management initiatives to ensure cash flow positive operations...
Argentina’s Shale Boom On Hold As Oil Prices Collapse
(Oilprice.com, 10.Apr.2020) — Argentina’s state-held energy firm YPF slashed by 50 percent the oil production from its key development area in the vast Vaca Muerta shale play this week due...
YPF Slashes Vaca Muerta Output: Rio Negro Reports
(Reuters, 9.Apr.2020) — Argentine state energy firm YPF has cut production by around half at its giant Vaca Muerta shale development Loma Campana due to a slump in demand amid...