(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 […]
Category: Argentina
Argentina energy
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 […]
Vista Sales Interest In Coirón Amargo Sur Oeste
(Vista Oil, 25.Jun.2021) — Vista Oil & Gas, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) announced its subsidiary Vista Oil & Gas Argentina S.A.U. sold its 10% working interest in the joint venture agreement over the Coirón Amargo Sur Oeste (CASO) concession to Shell Argentina S.A., a subsidiary of Royal […]
Argentina Lithium Appoints New Director
(Argentina Lithium, 24.Jun.2021) — Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) appointed Dr. John Gammon to its board of directors. Dr. Gammon has 40 years of experience in mineral exploration and management, including international positions with Falconbridge, Assistant Deputy Minister Mines and Minerals with the Government […]
Argentina Dips Into Wealth Tax To Fund Gas Investments
(Argus, 7.Jun.2021) — Argentina will funnel $580 million collected from a new wealth tax to projects for rebuilding natural gas production from a recent slump, a key to averting shortages and stemming imports, Energy Secretary Dario Martinez said June 7. The secretariat is working with state-backed YPF, the country’s biggest […]
YPF On Audit Committee Availability In Buenos Aires
(Energy Analytics Institute, 3.Jun.2021) — Pursuant to the Regulations of the National Securities Commission (Comisión Nacional de Valores in Spanish) and the terms of Article 73 of Law No. 26,831, Argentina’s state entity YPF announced that the Audit Committee are available to the shareholders at the company’s registered office located […]
Excelerate Energy Says FSRU Exemplar Returns To Bahia Blanca
(Excelerate, 2.Jun.2021) — Excelerate Energy L.P. announced, the company’s floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires. The Exemplar, with a storage capacity of 150,900 m3, will deliver liquefied natural gas […]
Orvana Completes Taguas Property Acquisition
(Orvana Minerals, 21.May.2021) — Orvana Minerals Corp. (TSX: ORV) completed the requisite steps to transfer ownership of the Taguas property to Orvana Argentina S.A., a wholly-owned subsidiary of the company. The Taguas acquisition is now complete. The Taguas property consists of 15 mining concessions over an area of 3,273.87 ha. […]
LatAm Briefs: Colombia Unrest, Argentina President In Europe, Pampa Webcast
(Energy Analytics Institute, 13.May.2021) — Energy briefs from the Latin America and Caribbean region including: ongoing national strike and protests in Colombia impacting fuel supply; Argentina’s President to meet with Kristalina Georgieva, head of the International Monetary Fund (IMF); and Pampa Energía S.A. hosting its 1Q:21 Webcast Colombian Protests Impacting […]
Pampa Energía Reports 1Q:21 Results
(Pampa Energía, 12.May.2021) — Pampa Energía S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), 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 quarter ended on 31 March 2021. As of 1 January 2019, the company adopted US$ as […]
YPF Reports 1Q:21 Results [PDF Downloads]
(YPF, 12.May.2021) — Argentina’s state oil entity YPF announced financial and operating results for the first quarter 2021. Details follow. MAIN HIGHLIGHTS OF THE QUARTER • Strong recovery in profitability with Adjusted EBITDA expanding by 318% sequentially – and only 9.9% below 1Q20 -, mainly backed by a fast recovery […]
YPF CEO Sergio Affronti On 1Q:21 Results: Transcript
(Seeking Alpha, 12.May.2021) — Argentina’s state entity YPF SA (NYSE:YPF) hosted a 1Q:21 earnings conference call with analysts on 12 May 2021. What follows is the transcript from the call. Company Participants Santiago Wesenack – IR Manager Sergio Affronti – CEO Alejandro Lew – CFO Conference Call Participants Guilherme Levy […]
Galileo Patagonia Fueling Station Provides Solution For Heavy Transport And NGVs
(Galileo, 5.May.2021) — The latest version of the Galileo Patagonia™ Smart Station for Liquefied to Compressed Natural Gas (LCNG) is an innovative solution that accelerates the expansion of ‘Alternative Fuels Corridors’ dedicated to all kinds of natural gas vehicles (NGVs). Its plug-and-play configuration and reduced physical footprint enable fueling stations […]
LatAmNRG briefs: Ecopetrol results [PDF download]; roadblocks in Neuquén
(Energy Analytics Institute, 5.May.2021) — Energy briefs from the Latin America and Caribbean region including: Ecopetrol reporting strong 1Q:21 financial results [see enclosed PDF download] and a Chilean congressman expressing outrage related to ongoing roadblocks in Argentina’s Neuquén province. Ecopetrol Reports Strong 1Q:21 Financial Results [PDF Download] Colombia state-controlled oil […]
Argentina’s Economy Buckles After Leader Puts Politics First
(Bloomberg, 4.May.2021) — In late March, Argentine President Alberto Fernandez sent his guy to Washington to smooth things over. With negotiations stalled, Economy Minister Martin Guzman had meetings with U.S. officials and the International Monetary Fund over its $45 billion loan. Back home, Fernandez’s populist vice president took to the […]
LatAm Briefs: Petrol Shortages In Cali, Salary Deal In Argentina
(Energy Analytics Institute, 4.May.2021) — Energy briefs from the Latin America and Caribbean region including: foodstuff and petrol shortages in Cali, Colombia and Argentine entities reaching a salary agreement. Foodstuff And Petrol Shortages In Cali Shortages of foodstuffs and petrol have been reported in Cali, Colombia as a result of […]
LatAm Briefs: Wind Generation Capacity, Vaca Muerta Production
(Energy Analytics Institute, 3.May.2021) — Energy briefs from the Latin America and Caribbean region including: Latin America’s wind generation capacity expands between 2000-2019, production from Argentina’s Vaca Muerta formation continues to dominate production from the Neuquén Province and state oil and gas entity YPF inaugurates futuristic petrol station in Buenos […]
Pampa Energía Files 2020 Annual Report
(Pampa Energía, 30.Apr.2021) — Pampa Energía S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), the largest independent energy integrated company in Argentina, with participation in the electricity and gas value chain, announces today it has filed its annual report on Form 20-F for the fiscal year ended 31 December 2020 […]
Golden Arrow Provides Update On Projects In Argentina, Chile, And Paraguay
(Golden Arrow Resources, 29.Apr.2021) — Golden Arrow Resources Corporation provided an update on exploration activities at its three most active projects, including the first results from the on-going trenching program at the Esperanza property of the Flecha de Oro gold project, Argentina. Phase I of the trenching program at Esperanza […]
Vista Oil & Gas Files Annual Report
(Vista Oil & Gas, 28.Apr.2021) — Vista Oil & Gas, S.A.B. de C.V. filed its annual report on Form 20-F for the fiscal year ended 31 December 2020 with the U.S. Securities and Exchange Commission (“SEC”) earlier today, and a Spanish-language 2020 Annual Report (the “Informe Anual CNBV“) with the […]