(Energy Analytics Institute, 3.Feb.2022) — Energy briefs including Grupo EnergĂa Bogotá commencing assembly of the first tower of its north project in Chocontá (Cundinamarca); Argentina’s President Alberto Fernandez visiting Russia to discuss energy, industry, environmental and financing issues w/ his Russian counterpart Vladimir Putin; and EP PetroEcuador General Manager Äştalo […]
Category: Argentina
Argentina energy
SSR Mining Reports Fatal Vehicle Accident Near Puna in Argentina
(SSR Mining, 28.Jan.2022) — SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) regrets to report a fatal vehicle accident involving an employee of the company. The accident occurred on a public road 20 kilometers southeast of the Chinchillas mine site in Jujuy Province, Argentina at approximately 5:30 p.m. local time on 26 January 2022. The […]
NRGBriefs: Argentina’s Energy Secretariat and ENARGAS Talk Energy
(Energy Analytics Institute, 27.Jan.2022) — Energy briefs including Argentina’s Energy Secretariat DarĂo MartĂnez chatting w/ ENARGAS’ Federico Bernal Hermitte to discuss actions necessary to strengthen the energy sector; and the Bristow Group’s plans to reveal fiscal 3Q results on 3 Feb. 2022. LATIN AMERICA AND THE CARIBBEAN Argentina — Argentina’s […]
Southern Cone Power Markets Primed for Dynamic Year
(WoodMac, 26.Jan.2022) — Last year proved how dynamic the gas and power markets in the Southern Cone are. And many uncertainties will be carried to 2022, especially regarding the extent of the impact from the region’s historic drought. Wood Mackenzie, a Verisk business (Nasdaq: VRSK) expects 2022 will mostly be […]
YPF Spuds Two Wells in Aguada del Chañar
(Energy Analytics Institute, 19.Jan.2022) — Argentina’s state owned YPF combined drilling operations at two wells in late December 2021 in the Aguada del Chañar area. The first well, Adch 1001, has a horizontal branch length of 2,448m and 38 fracture stages. The second well, Adch 1002, has a horizontal branch […]
Wintershall to Sell Stakes in Two Argentine Blocks for $140mn
(Offshore Technology, 18.Jan.2022) — Wintershall Dea Argentina has agreed to sell a 50% operated working stake in the unconventional Aguada Federal and Bandurria Norte blocks, in Argentina, to Vista Oil and Gas for $140m. According to the terms of the deal, Vista will pay $90m on or prior to 18 January 2022. The remaining […]
Wintershall Dea Sells its Shares in Shale Oil Blocks in Argentina
(Wintershall Dea, 17.Jan.2022) — Wintershall Dea Argentina S.A. has reached an agreement with Vista on the sale of its 50% interest including operatorship in the unconventional Aguada Federal and Bandurria Norte blocks in the Argentine province of NeuquĂ©n. Vista had only recently acquired the 50% share of ConocoPhillips in the […]
Argentina Lithium Engages Zoppa Media Group
(Argentina Lithium & Energy Corp., 14.Jan.2022) — Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) retained Zoppa Media Group to act as an investor relations consultant to the company, to assist with corporate finance and investor relations programs. Zoppa has been engaged for a term of one year […]
NRGBriefs: Argentina Asks Users to Reduce Energy Demand
(Energy Analytics Institute, 14.Jan.2022) — Energy briefs including Argentina’s Energy Secretariat DarĂo MartĂnez asking users to reduce their energy demand during peak hours; and Acipet denouncing the kidnapping of engineer Diego Fernando Lozano in Norte de Santander Bogotá. LATIN AMERICA AND THE CARIBBEAN Argentina — High temperatures and high energy […]
Lithium South Acquires 2,400 Hectares at Hombre Muerto in Argentina
(Lithium South Development Corporation, 13.Jan.2022) — Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) acquired key ground situated near the Hombre Muerto North Lithium Project located in Salta Province, Argentina, on one of the world’s premium salars. The Sophia I, II and III non-contiguous claim blocks are located approximately 5 kilometers […]
Sorcia Minerals Expands Technology Usage Into New Argentina Salar
(International Battery Metals, 11.Jan.2022) — International Battery Metals Ltd. (CSE: IBAT) (OTC: RHHNF) (FSE: 8RE) announced that Ensorcia Metals Corporation affiliate Sorcia Minerals LLC formed a joint venture with Terra Novo Energy, Triangle Lithium LLC, for the purpose of acquiring and developing specific assets related to the exploration and development […]
NRGBriefs: Argentine Power Outage
(Energy Analytics Institute, 11.Jan.2022) — Energy briefs including Argentina’s Energy Secretariat DarĂo MartĂnez inspecting facilities in Buenos Aires in an attempt to restore electric power service to parts of the city amid a roaring heat wave; and Ecuador receiving its first import of liquefied natural gas from Sycar LLC. LATIN […]
World Bank: Global Growth to Slow Through 2023
(World Bank, 11.Jan.2022) — Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank’s latest Global Economic […]
Sorcia Minerals adds Resources Through JV
(Sorcia Minerals, 10.Jan.2022) — Sorcia Minerals formed a joint venture with Terra Novo Energy, Triangle Lithium LLC, for the purpose of acquiring and developing specific assets related to the exploration and development of lithium. Triangle through its affiliation with Sorcia, will develop lithium resources utilizing International Battery Metals’ proprietary direct lithium extraction […]
YPF Expects New Offshore Project to Produce up to 200,000 b/d
(S&P Global Platts, 10.Jan.2022) — Argentina’s state-backed energy company YPF expects its first offshore project in years to produce up to 200,000 b/d, helping to increase exports, chairman Pablo Gonzalez said. “Argentina has enormous potential in its offshore basin,” he said in comments shared by a company source Jan. 10. […]
Argentina’s Energy Secretariat Martinez Comments on Offshore Exploration
(Energy Analytics Institute, 9.Jan.2022) — Argentina’s government approved in late December 2021 an environmental license for state owned YPF together with Equinor and Shell to move forward with seismic activities offshore in the CAN 100 block. Argentina’s Energy Secretariat DarĂo MartĂnez commented on the news amid protests across Argentina against […]
Lithium South Outlines 2022 Corporate Plan
(Lithium South, 6.Jan.2022) — Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) provides its shareholders a comprehensive Corporate Plan for 2022. Lithium South is focused on the further development of the Hombre Muerto North Lithium Project located in Salta Province, Argentina, on one of the world’s premium salars. Work to […]
Heatwave to Hit Argentina, Further Stressing Corn, Soybean Crops
(Reuters, 6.Jan.2022) — Most of Argentina’s agricultural region will be hit in the coming days by a heatwave accompanied by little or no rainfall, adding pressure to adverse conditions that its corn and soybean crops have suffered for weeks, the Buenos Aires Grains Exchange said on Thursday. Argentina is the […]
Thousands Protest Argentina Oil Exploration Project
(AFP, 5.Jan.2022) — Thousands marched Tuesday along the beaches of Argentina’s Mar del Plata to protest an oil exploration project off the Atlantic coast. Carrying placards reading, “Oil is death”, “A sea without oil tankers” and “No to pollution”, demonstrators marched to drums, while classical dancers performed. The group oppose […]
NRGBriefs: Presidential Elections in Brazil and Colombia
(Energy Analytics Institute, 4.Jan.2022) — Energy briefs including presidential elections in Brazil and Colombia this yr could see showdowns between Lula da Silva and Jair Bolsonaro as well as Gustavo Petro and a new candidate perhaps from Iván Duque Márquez’s party respectively; Mexico’s President Andres Manuel Lopez Obrador presenting the country’s […]
NRGBriefs: Buenos Aires Power Outages
(Energy Analytics Institute, 3.Jan.2022) — Energy briefs including power outages in Buenos Aires, Argentina; Brazilian fuel distributors supplying 1.3bn liters of biofuels in the 1Q:22; Venezuela’s opposition-led National Assembly deciding to back Juan GuaidĂł for another yr; and more. LATIN AMERICA AND THE CARIBBEAN Argentina — Residents in various sectors […]
Orvana Files 2021 Annual Info
(Orvana, 29.Dec.2021) — Orvana Minerals Corp. (TSX: ORV) filed its annual info. For for the year ended 30 September 2021 (the “AIF”) and independent 43-101 report on the Don Mario Tailings Reprocessing Project, Eastern Bolivia. The company also provided a summary of its updated preliminary assessment report for Taguas Project, which will be […]
Six Companies Selected to Export Argentine Gas to Chile
(Energy Analytics Institute, 28.Dec.2021) — Argentina’s Energy Secretariat authorized six companies — YPF, Total, PAE, Vista, Pampa and Tecpetrol — to carryout gas exports from the NeuquĂ©n basin to Chile between January to April 2022. “More exports means more production, more work, more activity and more foreign exchange income,” Argentina’s […]
NRGBriefs: Ecopetrol Sends First Carbon-Neutral Cargo to PetroChina
(Energy Analytics Institute, 28.Dec.2021) — Energy briefs including Colombia’s state-controlled Ecopetrol agreeing to ship 1 MMbbls of Castilla blend oil to PetroChina for delivery in Feb. 2022; Venezuela’s opposition lawmakers voting to for the continuity of the National Assembly and its leader Juan GuaidĂł; and more. LATIN AMERICA AND THE […]
Orvana Closes €15mn Syndicated Loan in Spain
(Orvana Minerals, 23.Dec.2021) — Orvana Minerals Corp. (TSX: ORV) closed a €15mn syndicated loan with two Spain-based banks, through its wholly-owned subsidiaries in Spain, Orvana Minerals Iberia S.L.U. and Orovalle Minerals S.L. Orvana will use the proceeds to fund the development of the Taguas Project in Argentina and structural capital expenditures in Spain. “The closing of […]
Argentina President Set to Decree $1.6bn Vaca Muerta Gas Pipeline
(Reuters, 21.Dec.2021) — Argentina’s President Alberto Fernandez will sign a decree in the next few weeks to push forward construction of a major new gas pipeline system in the country’s huge Vaca Muerta shale formation, a government source told Reuters, a key move to boost gas exports. The timeline and […]
Minerva Bunkering Launches New Physical Supply Service in Argentina
(Minerva Bunkering, 20.Dec.2021) — Minerva Bunkering has launched a new marine fuels supply service in Argentina, providing deliveries in Buenos Aires and surrounding ports. “By adding this new operation to Minerva’s footprint, we can offer vessels calling Argentine ports physical supply options across the length of their voyages, providing the flexibility our customers […]
NRGBriefs: Ecopetrol Fined for Caño Cacayal Contamination
(Energy Analytics Institute, 17.Dec.2021) — Energy briefs including Ecopetrol S.A. revealing the Sustainable Development Corporation of the Macarena Special Management Area CORMACARENA, through Resolution No. PS-GJ.1.2.6.21.2094 of 2021, imposed a fine of 20 monthly minimum wages to the co. due to the contamination of Caño Cacayal; Venezuela’s oil production set to […]
YPF Studying LNG Export For Growing Vaca Muerta Gas Production
(Platts, 13.Dec.2021) — YPF, the biggest oil and natural gas producer in Argentina, is doing preliminary studies to prepare for building LNG export capacity as gas production grows in the giant Vaca Muerta shale play and projects get underway to increase pipeline capacity, CFO Alejandro Lew said Dec. 10. “We […]
NRGBriefs: Ecuador Declares Force Majeure On Oil Exports
(Energy Analytics Institute, 13.Dec.2021) — Energy briefs including Ecuador’s gov’t declaring force majeure on 12 Dec. 2021 on oil exports due to erosion issues around the Piedra Fina River and other tributaries of the Quijos River; Argentina celebrating Petroleum Day; TechnipFMC being awarded three frame agreements by Petrobras; and more. […]
YPF eyes unlocking Vaca Muerta’s potential: CEO Sergio Affronti at WPC Houston
HOUSTON, TEXAS (Energy Analytics Institute, 8.Dec.2021) — YPF’s CEO Sergio Affronti said the state oil producer was looking at “unlocking the Vaca Muerta’s full shale gas potential,” during the 23rd World Petroleum Congress (WPC) in Houston. What follows are highlights from his speech on 8 December 2021 at the WPC […]
NRGBriefs: Trinidad To Reveal Ryder Scott Details
(Energy Analytics Institute, 8.Dec.2021) — Energy briefs including Argentina aspiring to produce 1 MMb/d in five yrs; Trinidad and Tobago looking to reveal details of a new Ryder Scott gas reserve report; rumors circulating about the health of Venezuela’s oil minister Tareck El Aissami; and more. LATIN AMERICA AND THE […]
NRGBriefs: Argentine Pipeline Tender, Lebanon Summit
(Energy Analytics Institute, 30.Nov.2021) — Energy briefs including Argentina revealing plans for a tender for the start of the process for the construction of the first stage of the NĂ©stor Kirchner Gas Pipeline and the Transport.Ar National Production Gas Pipeline System; the EU welcoming the “largely calm and peaceful atmosphere” […]
Argentina’s Midterm Election Could Shift Oil Strategy
(S&P Global, 15.Nov.2021) — Argentina is facing a period of economic and political volatility after the Nov. 14 midterm legislative elections that could cap growth in natural gas production as companies take refuge in crude oil until conditions improve, including for projects to increase much-needed gas transport capacity, executives and […]
Edelcos and SAE Commence Mandatory Tender Offer for Class B Shares
(Edelcos, 12.Nov.2021) — Empresa de EnergĂa del Cono Sur S.A. (Edelcos), along with its affiliate South American Energy LLP (“SAE” and together with Edelcos, the “Bidders”), commenced a previously announced all-cash tender offer in the US for all outstanding Class B Shares, including outstanding Class B Shares represented by American […]
![YPF Cites 3Q:21 Production Recovery [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2021/01/ypf-source-bloomberg-a.jpg)
YPF Cites 3Q:21 Production Recovery [PDF Downloads]
(YPF, 10.Nov.2021) — YPF reported another quarter with strong profitability amid continuous recovery in O&G production, while maintaining positive free cash flow leading to further deleveraging. MAIN HIGHLIGHTS OF THE QUARTER • Profitability remained strong with Adjusted EBITDA surpassing the $1bn threshold for the second consecutive quarter, expanding 6.5% q/q. […]
YPF To Post Higher-Than-Expected Oil Production Growth
(S&P Global, 10.Nov.2021) — YPF, the biggest oil producer in Argentina, expects to post higher-than-expected oil production growth this year as it steps up drilling in the Vaca Muerta shale play to set it up for a continued rise next year, CEO Sergio Affronti said Nov. 10. “Shale oil production […]
NRGBriefs: YPF Class D Director Resigns
(Energy Analytics Institute, 9.Nov.2021) — Energy briefs including YPF’s BODs accepting the resignation of Ms. Elizabeth Dolores Bobadilla, as director for Class D shares; Avino Silver & Gold Mines Ltd. entering into a definitive deal with Coeur to acquire the La Preciosa silver project in Mexico; and more. LATIN AMERICA […]
NRGBriefs: Shell And YPF Eye Bajada De Añelo Investment
(Energy Analytics Institute, 3.Nov.2021) — Energy briefs including Shell Argentina and YPF looking to commence development of the Bajada de Añelo area w/ an anticipated investment of around $300mn; Ecuador’s oil production struggles to reach the 500,000 b/d range; Frontera Energy‘s plans to host its 3Q:21 conf. call; and more. […]
US, EU, And Partners Launch Global Methane Pledge
(US Department of State, 2.Nov.2021) — Today, the United States, the European Union, and partners formally launched the Global Methane Pledge, an initiative to reduce global methane emissions to keep the goal of limiting warming to 1.5 degrees Celsius within reach. A total of over 100 countries representing 70% of the […]
NRGBriefs: Argentina’s Vaca Muerta-San Jerónimo Pipeline
(Energy Analytics Institute, 1.Nov.2021) — Energy briefs including YPF’s President Pablo González saying the national government would be revealing details “within a few days” regarding a new gas pipeline project that would transport production from the Vaca Muerta formation to San JerĂłnimo and potentially on to Brazil; details of around […]
Argentina Launches Third Tender To Boost Production
(Natural Gas Intelligence, 20.Oct.2021) — Argentina’s government has launched a natural gas tender to try to shore up domestic supply starting in the Southern Hemisphere winter in 2022. The majority of the gas would come from the NeuquĂ©n Basin, home to the massive Vaca Muerta formation. Energy Secretary DarĂo MartĂnez […]
GeoPark Accelerates Colombia Drilling Activity
(GeoPark, 19.Oct.2021) — GeoPark Limited (NYSE: GPRK) announced its operational update for the three-month period ended 30 September 2021 (3Q:21). Highlights Consolidated oil and gas production of 37,859 boepd, up 4% compared to 2Q2021Oil production of 32,844 bopd, up 6% compared to 2Q2021 due to increased production in ColombiaGas production […]
NRGBriefs: Renewable Energy Ops In The Caribbean
(Energy Analytics Institute, 15.Oct.2021) — Energy briefs including details of four renewable energy-exporting opportunities in the Caribbean in Barbados, Jamaica, Trinidad and Tobago and Guyana; TotalEnergies extending the contract for the Maersk Voyager in Angola for Ondjaba-1; and more. EVENTS — The Caribbean Renewable Energy Forum 2021 takes place from […]
As Western Oil Giants Cut Production, NOCs Step Up
(New York Times, 14.Oct.2021) — After years of pumping more oil and gas, Western energy giants like BP, Royal Dutch Shell, Exxon Mobil and Chevron are slowing down production as they switch to renewable energy or cut costs after being bruised by the pandemic. But that doesn’t mean the world […]
NRGBriefs: ANH Talks About Colombia’s Gas Potential
(Energy Analytics Institute, 14.Oct.2021) — Energy briefs including comments from a webcast hosted by the ACIPET spanning speakers such as ANH head Armando Zamora as well as ANH’s JosĂ© de Armas and Ecopetrol executive Maria Fernand Arango; Colombia’s massive gas potential onshore and offshore; ExxonMobil heard being close to reaching […]
NRGBriefs: EP PetroEcuador Awards Export Deals
(Energy Analytics Institute, 13.Oct.2021) — Energy briefs including the IMF advising Argentina to lower its deficit and estimating Venezuela’s inflation at 2,700% this yr, Colombia’s mines and energy minister Diego Mesa saying the country is committed to advancing its decarbonization goals; EP PetroEcuador awarding export deals to Shell Western Supply […]
NRGBriefs: Brazil Eyes Vaca Muerta Gas
(Energy Analytics Institute, 11.Oct.2021) — Energy briefs including Argentina looking to send Vaca Muerta gas to Brazil; US-based Talos Energy setting date for 3Q:21 conf. call; and more. LATIN AMERICA AND THE CARIBBEAN Brazil — Brazil’s Foreign Minister Carlos França expressed “enthusiasm” over a deal w/ Argentina to allow for […]
NRGBriefs: Suriname’s Oil Finds
(Energy Analytics Institute, 8.Oct.2021) — Energy briefs including Blue Sky Uranium Corp.’s plans to implement a warrant exercise incentive program; Occidental revealing the date for its 3Q:21 conf. call; and more. LATIN AMERICA AND CARIBBEAN Argentina — SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) will release its 3Q:21 […]
NRGBriefs: Colombia’s Hydrogen Roadmap
(Energy Analytics Institute, 4.Oct.2021) — Energy briefs including Colombia’s President Iván Duque Márquez launching the country’s hydrogen roadmap for the next decade during an event in Barranquilla; Trinidad and Tobago’s Minister of Finance Colm Imbert eying bid rounds; and more. Argentina — Lithium South Development Corp. (TSX-V: LIS) (OTCQB: LISMF) […]