(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 Néstor Kirchner Gas Pipeline and the Transport.Ar National Production Gas Pipeline System; the EU welcoming the “largely calm and peaceful atmosphere” […]
Category: Argentina
Argentina energy
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 Energía 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 Jerónimo 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 Neuquén Basin, home to the massive Vaca Muerta formation. Energy Secretary Darío Martínez […]
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 2Q2021 Oil production of 32,844 bopd, up 6% compared to 2Q2021 due to increased production in Colombia […]
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 José 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) […]
NRGBriefs: Trinidad Missing Out On European Gas Crisis
(Energy Analytics Institute, 3.Oct.2021) — Energy briefs including SSR Mining Inc. setting the date for 3Q:21 quarterly call; Trinidad and Tobago’s Finance Minister Colm Imbert readies national budget presentation; Trinidad and Tobago struggling to boost LNG exports amid European gas crisis; talks set to resume again on 15 Oct. 2021 […]
NRGBriefs: YPF’s 3Q:21 webcast, PGF’s global notes
(Energy Analytics Institute, 30.Sep.2021) — Energy briefs including Argentina’s YPF announcing details of its 3Q:21 webcast, Petrobras Global Finance B.V. (PGF) on settlement of early redemption of global notes, and refining worker detentions in Venezuela, among other updates. LATIN AMERICA AND CARIBBEAN Argentina
Argentina Sets CO2 Emissions Target
(Energy Analytics Institute, 29.Sep.2021) — Argentina presented its second Nationally Determined Contribution (NDC) plan in December 2020 to update its commitment to limiting greenhouse gas emissions and mitigation goals. The South American country’s national mitigation goal is “absolute, unconditional, and applicable to all sectors of the economy,” according to details […]
Vaca Muerta is the World’s Quickest Growing Shale Play
(Rystad, 29.Sep.2021) — Argentina’s Vaca Muerta shale play, having registered strong growth in oil and gas production and well activity levels in recent months, has emerged as the world’s fastest growing major shale basin, a Rystad Energy report shows. A record number of wells were completed and put on production […]
Argentina Lithium To Buy Properties In Salta Province
(Argentina Lithium, 28.Sep.2021) — Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) is expanding its portfolio of lithium exploration projects in Argentina’s world renown Lithium Triangle. The company has entered into a letter of intent with a local vendor to acquire a 100% interest in the 2,370 […]
Joint US-EU Global Methane Pledge
(White House, 18.Sep.2021) — The United States and European Union announced today the Global Methane Pledge, an initiative to reduce global methane emissions to be launched at the UN Climate Change Conference (COP 26) in November in Glasgow. President Biden and European Commission President Ursula von der Leyen urged countries […]
LatAm Briefs: Argentina Lithium Acquisition, Citgo Challenges
(Energy Analytics Institute, 13.Sep.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina Lithium & Energy Corp. acquiring high quality lithium projects, Citgo Petroleum executives warning of threats from biofuels amid the energy transition, and much more. LATIN AMERICA AND CARIBBEAN Argentina — The Center for International […]
YPF Acquires Class XI Notes
(Energy Analytics Institute, 13.Sep.2021) — Argentina’s state owned YPF acquired Class XI Notes (YMCBO) between 1-10 September 2021 for a total amount of Ps. 677,691,518.80 Argentine Peso ($7,037,920 or $7mn) which will be held in its portfolio. The Class XI Notes mature in November 2021 and were issued by YPF […]
LatAm Briefs: Payara Progressing, Inpex Divestment In Venezuela
(Energy Analytics Institute, 2.Sep.2021) — Energy briefs from the Latin America and Caribbean region including: ExxonMobil progressing its Payara project in Guyana for start-up in 2024 and Japan’s Inpex divesting assets in Venezuela, and much more. Argentina — Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) named […]
LatAm Briefs: Guyana’s Oil Output
(Energy Analytics Institute, 23.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina awaiting arrival of two LNG tankers, Guyana’s oil output, and Trinidad and Tobago’s strategic plan. Argentina — Argentina’s two LNG import terminals at Bahía Blanca and Escobar both expect to receive tankers to discharge […]
YPF to Defend Interests in Lawsuit Regarding Shareholder Meeting
(Energy Analytics Institute, 23.Aug.2021) — In compliance with requirements of article 3, item 9, Chapter I, Title XII of the Rules of the Argentine Securities and Exchange Commission, state owned YPF S.A. must inform of each and every judicial proceeding brought against it by its shareholders and the relevant decisions […]
LatAm Briefs: Guyana-Suriname Basin Reserves
(Energy Analytics Institute, 21.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina pondering its allocation of energy subsidies, Ecopetrol closing on an earlier announced $3.7bn ISA deal, reserves in the Guyana-Suriname Basin continuing to rise, and trafficking of coltan rising between Colombia and Venezuela, and much […]
LatAm Countries To Discuss Climate Actions
(Governmenf of Panama, 20.Aug.2021) — The Governments of Argentina, Barbados, Chile, Colombia, Costa Rica, the Dominican Republic and Panama will co-organize the “High-Level Dialogue on Climate Action in the Americas”, on 8 September 2021. The event will bring together representatives of governments, private and financial sector, multilateral financial institutions , […]
Brazil In Talks With Argentina for Gas Pipeline from Vaca Muerta
(Reuters, 19.Aug.2021) — Brazil is negotiating with Argentina on the construction of a billion-dollar pipeline from the Vaca Muerta shale gas reserves, Brazilian President Jair Bolsonaro said on Thursday. Speaking to supporters on social media, he said the gas pipeline from Argentina was one of the options his government is […]
Shale Oil Investments May Be Protected From Nationalization
(Baker Institute, 17.Aug.2021) — Shale oil’s short-cycle production protects foreign investors from the risk of expropriation — government taking private property for public use — providing an opportunity for the increasingly risk-averse global petroleum industry, according to a new report. The paper, “Shale Renders the ‘Obsolescing Bargain’ Obsolete: Political risk […]
Orvana Reports El Valle Plant Stoppage
(Orvana, 16.Aug.2021) — Orvana Minerals Corp. (TSX: ORV) announces that a rock fall has occurred at a legacy open pit wall at El Valle. The fallen material impacted the east sector of the Tailings Storage Facility (“TSF”), without structural damages. No individuals were harmed, and no environmental damages have been […]
LatAm Briefs: YPF Debt, Petrobras Taxes
(Energy Analytics Institute, 13.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: YPF reducing its total debt, Petrobras’ tax collections to the government, Exxon’s Liza Unity FPSO prepares to leave Singapore, National Enterprises Limited (NEL) writes down the fair value of its indirect stake in Atlantic LNG […]
LatAmBriefs: TGI Eyes Buenaventura LNG Import Project
(Energy Analytics Institute, 9.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina fining Edesur and Edenor; Transportadora de Gas Internacional (TGI) eyes developing Colombia’s second liquefied natural gas (LNG) import project in Buenaventura; and more from Ecuador, Mexico and Venezuela. Argentina — Argentina’s National Electricity Regulatory […]
LatAm Briefs: Raizen IPO, Bolivian Gas
(Energy Analytics Institute, 5.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina’s YPF Sociedad Anónima repurchasing Class XII Notes, YPFB and Ambar Energía Ltda. inking a gas deal and Shell Brazil Holding B.V. marking the start of trading in shares of Raízen S.A., the renewable energy […]
Argentina Local Debt Rollover Flops
(Bloomberg, 4.Aug.2021) — Investors sent a warning message to Argentina’s Treasury on Tuesday night — don’t expect us to finance the government’s increased spending ahead of November’s midterm elections unless interest rates go up. The Treasury managed to roll over just 146.3 billion peso ($1.5 billion) in local notes in […]
YPF Announces Management Changes
(Energy Analytics Institute, 30.Jul.2021) — Argentina’s state entity YPF Sociedad Anónima announced several changes in the first level of its senior management structure. YPF revealed the details on 30 July 2021 in an official statement, highlighting the following: — Designation of Mr. José Gustavo Medele as Services Vice President to […]
KBR Inks Lithium Process Deal With Neo Lithium Corp.
(KBR, 26.Jul.2021) — KBR (NYSE: KBR) has been awarded a contract by Neo Lithium Corp. in Argentina for its Tres Quebradas Lithium Project (“3Q Project”). Under the terms of the contract, KBR will implement its evaporation and crystallization technology solutions to ensure the project achieves maximum lithium yields for Neo […]
LatAm Briefs: Argentine Output, Colombian Renewables
(Energy Analytics Institute, 22.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: daily production details from Argentina’s Neuquén region to 13 renewable projects identified by Colombia’s Ecopetrol and more. Argentina — Daily production in Argentina’s Neuquén region reached a record 193,000 barrels per day, the highest volume […]
AbraSilver Resource Corp Joins OTCQX
(OTC Markets Group, 21.Jul.2021) — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced AbraSilver Resource Corp (TSX-V: ABRA; OTCQX: ABBRF), silver-gold focused advanced-stage exploration company, has qualified to trade on the OTCQX® Best Market. AbraSilver Resource Corp upgraded to OTCQX from […]
LatAm briefs: ENRE fines, “Zama drama” in Mexico
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 9.Jul.2021, Words: 421) — Energy briefs from the Latin America and Caribbean region including: oil prices remaining above the $75/bbl mark, Argentina’s ENRE imposing fines on Edenor, an energy storage system in Barranquilla, and more. Oil Prices — As of 7 […]
Edenor Names Bleasdale As CEO
(Edenor, 6.Jul.2021) — Empresa Distribuidora y Comercializadora norte S.A. (Edenor; BYMA/NYSE: EDN), the largest electricity distribution company in Argentina, announces that the Chairman of the Board, Mr. Neil A. Bleasdale, has been appointed as Chief Executive Officer (CEO) of the company and Mr. Germán Ranftl as Chief Financial Officer (CFO). […]
LatAm Briefs: Rio Negro Drilling, Ecuador Production
(Energy Analytics Institute, 5.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: plans to reactivate 77 wells in Argentina’s Río Negro region, EP PetroEcuador and Repsol Ecuador S.A. inking a deal for the use of a topping plant in Ecuador, Ecuador’s production reached 491,497 b/d on 1 […]
Argentina Fuel Sales Drop 8.1% In May 2021
(Energy Analytics Institute, 29.Jun.2021) — Argentina reported that fuel sales in May 2021 fell an average 8.1% compared to April 2021, according to a report by the Confederation of Hydrocarbons and Related Trade Entities (CECHA by its Spanish acronym). Gasoline sales were impacted the most, falling 13.6% sequentially. The drop […]
LatAm Briefs: Chile’s Green Plans, Venezuelan Oil Output
(Energy Analytics Institute, 29.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Chile and Germany inking a green hydrogen deal, EP PetroEcuador reaching an agreement with the community of El Edén to lift a 45-day blockage, Venezuela’s oil production averaging around 570,000 barrels per day, and more. […]
Vista Reveals JV With Trafigura For Vaca Muerta Development
(Vista Oil, 28.Jun.2021) — Vista Oil & Gas, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) announced that its wholly-owned subsidiary Vista Oil & Gas Argentina S.A.U. established an un-incorporated joint venture and has entered into an investment agreement with Trafigura Argentina S.A. for the joint development of, initially, 5 pads […]
KBR Inks FCC Deal With Raízen Argentina
(KBR, 28.Jun.2021) — KBR (NYSE: KBR) has been awarded a contract by Raízen Argentina for modernizing the Fluid Catalytic Cracking (FCC) unit at its Buenos Aires Refinery. Under the terms of the contract, KBR will provide a basic engineering package for the FCC New Configuration Project. KBR will offer its […]
Vista, Trafigura To Accelerate Vaca Muerta Development
(Vista Oil, 28.Jun.2021) — Vista Oil & Gas and Trafigura Argentina signed a joint investment agreement for the development of 20 oil wells in the Bajada del Palo Oeste block. This joint investment of approximately $250mn represents an important capital investment in Vaca Muerta Shale which is located in the […]