(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 […]
Category: Argentina
Argentina energy
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Vista Announces Data For 1Q:20 Results Release
(Vista, 9.Apr.2020) — Vista Oil & Gas, S.A.B. de C.V. will release its interim consolidated financial statements for the first quarter of 2020 on Tuesday, […]
Galileo Sales VP Gabriel Lorenzi Interviewed By GBR
(Global Business Reports, 9.Apr.2020) — Twenty years ago it was impossible to think about an off-grid natural gas network. Today, Africa can build it with […]
Collapsing Demand Sets Terms In OPEC+ Battle
(WoodMac, 9.Apr.2020) — Since OPEC+’s failure to agree on production restraint on 5-6 March, the implications of the Covid-19 pandemic have become far clearer, sparking […]
Brief Intro Remarks By OPEC Secretary General
(OPEC, 9.Apr.2020) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting, 9 April 2020, via […]
Argentina’s YPF cedes 50% interest offshore to Norway’s Equinor
(Energy Analytics Institute, Aaron Simonsky, 7.Apr.2020) — Argentina’s government authorized state oil company YPF to move forward with a transfer of a 50% interest in […]
Brazil’s MME Names Energy Secretariat
(Energy Analytics Institute, Aaron Simonsky, 6.Apr.2020) — Brazil’s Ministry of Mines and Energy (MME) named José Mauro Ferreira as the agency’s new Energy Secretariat, replacing […]
‘Dead Cow’ Oil Play Set To Be Next Permian Is Now Dead
(Bloomberg, 1.Apr.2020) — Just a bit more than 3 weeks ago, the head of Argentina’s state-run driller outlined an aggressive $1.8 billion spending plan for […]
Falling LatAam Fuel Demand Leaves Hurt US Refiners
(Reuters, 27.Mar.2020) — Demand for refined products in Latin America is quickly drying up as the coronavirus pandemic worsens, leaving U.S. refiners without their primary […]
YPF Inks Deals With Ministries For Truckers
(Energy Analytics Institute, Aaron Simonsky, 25.Mar.2020) — YPF President Guillermo Nielsen signed an agreement with the representatives from Argentina’s ministries of Transportation, Security, Health, Interior […]
YPF Head Warns Of Difficult Times
(Energy Analytics Institute, Aaron Simonsky, 24.Mar.2020) — The effects of social, preventive and compulsory isolation are beginning to be reflected in the drop in energy […]
LatAm NRG Producers Sweat To Cover Costs
(Reuters, 24.Mar.2020) — A price war between the world’s oil powerhouses is leaving many producers in Latin American struggling to cover production costs, boosting chances […]
IMF Managing Dir. Kristalina Georgieva On Argentina
(IMF, 20.Mar.2020) — At the request of the Argentine authorities and reflecting close collaboration with them, the International Monetary Fund (IMF) released today a technical […]
YPF Suspending Noncritical Activities
(Reuters, 20.Mar.2020) — Argentine state-run energy firm YPF said on Thursday it will gradually suspend activities not critical to its business, and will scale down […]
YPF Reports Record One Day Fractures
(Energy Analytics Institute, Aaron Simonsky, 18.Mar.2020) — Argentina’s state oil company YPF announced positive results in regards its development of the country’s Vaca Muerta unconventional […]
Pampa Reveals Conference Call Details
(Pampa Energía, 10.Mar.2020) — Pampa Energía S.A. announced it would hold a conference call to discuss its Q4 19 results on Wednesday 11 March 2020 […]
Argentina Blocks Oil Imports In Bow To Local Producers
(Argus, 10.Mar.2020) — The oil price collapse is prompting Argentina to revive state intervention to protect the domestic oil industry. The national government is putting […]
Pampa Energía Announces Year-end Results
(Pampa Energía, 10.Mar.2020) — Pampa Energía S.A., the largest independent energy integrated company in Argentina, with active participation in the country’s electricity and gas value […]
Neuquén Provincial Govt Seeks Minimum $50/bbl Price
(Energy Analytics Institute, Aaron Simonsky, 10.Mar.2020) — Officials from Argentina’s Neuquén Province has requested formal meetings be held with the Energy Secretariat of Argentina’s government […]
Echo Energy Extends Existing £1mn Loan
(Echo, 6.Mar.2020) — Echo Energy, the Latin American focused upstream oil and gas company, provides an update on production and operations following the Company’s recent […]
IMF Staff Statement On Argentina
(IMF, 19.Feb.2020) — An IMF team, led by Julie Kozack Deputy Director of the Western Hemisphere Department and Luis Cubeddu Mission chief for Argentina, visited […]
Argentina To Ease NatGas, Power Price Controls In June
(S&P Global Platts, 18.Feb.2020) — Argentina plans to lift controls on power and natural gas tariffs as soon as June, a senior government official said, […]
YPF Signs Preliminary Deal With Equinor And Shell
(Reuters, 31.Jan.2020) — Oil firms Equinor and Shell have signed a preliminary agreement with Argentina state energy firm YPF to acquire an additional 11% participation […]
Equinor Strengthens Presence In Vaca Muerta
(Equinor, 31.Jan.2020) — Equinor and its partner Shell have completed a joint acquisition of the 49% interest held by Schlumberger in the Bandurria Sur onshore […]
Schlumberger Completes Sale Of Bandurria Sur
(Schlumberger, 31.Jan.2020) — Schlumberger announced today that it has completed the sale of its 49% interest in the Bandurria Sur Block in Neuquén, Argentina to […]
Argentina Extends Diesel, Gasoline Frice Freeze
(Argus, 30.Jan.2020) — Argentina’s government said Thursday it has extended a freeze on diesel and gasoline prices until the end of February, as it tries […]
YPF Deepens Partnership With Equinor And Shell
(Energy Analytics Institute, Aaron Simonsky, 31.Jan.2020) — The presidents of YPF, and European companies Equinor and Shell meet to discuss the scope of signed agreements […]
IOCs To Press On With Vaca Muerta Projects
(S&P Global Platts, 27.Jan.2020) — Equinor, Shell and Total vowed to press on with projects in Vaca Muerta, even as policy uncertainty and price controls […]
President Updates On Trafigura Subscription
(President Energy, 20.Jan.2020) — President Energy plc reports on subscription for new ordinary shares by Trafigura, conversion of debt into equity and immediate reduction of […]
Argentina President Sees Potential In Conventionals
(S&P Global Platts, 13.Jan.2020) — Argentinian President Alberto Fernandez said he plans to encourage the development of conventional oil and natural gas reserves, not just […]
Politics Driving Shale Fluctuations In Argentina
(Argus, 8.Jan.2020) — Argentina’s shale fracturing hit a record in 2019 despite a deceleration sparked by political and economic uncertainty at the end of the […]
Politics Drives Shale Fluctuations In Argentina
(Argus, 8.Jan.2020) — Argentina’s shale fracturing hit a record in 2019 despite a deceleration sparked by political and economic uncertainty at the end of the […]
Esteban Kiper Appointed GM At CAMMESA
(Energy Analytics Institute, Aaron Simonsky, 12.Dec.2019) — Mr. Esteban Kiper was appointed as General Manager of the Electric Market Management Company or CAMMESA, during an […]
Argentina’s Shale Boom Hits New Milestone
(Oilprice.com, Irina Slav, 10.Dec.2019) — YPF, the Argentine state energy company, has drilled the longest horizontal oil well lateral, at 3,890 meters, or more than […]
Vista, YPF Win Vaca Muerta Licenses
(S&P Global Platts, 3.Dec.2019) — Argentina’s Neuquen province awarded development licenses to Vista Oil & Gas and YPF in Vaca Muerta, a giant shale play […]
Producers Delay Boosting Vaca Muerta Output
(S&P Global Platts, 20.Nov.2019) — Three leading oil companies in Argentina, buoyed by the quality of the shale resources, are ready to ramp up oil […]
Exxon, Shell To Delay Vaca Muerta Production
(Seeking Alpha, Carl Surran, 20.Nov.2019) — Exxon Mobil and Royal Dutch Shell say they want to ramp up oil and natural gas production in Argentina’s […]
Moody’s Ends YPF Review
(Moody’s, 15.Nov.2019) — Moody’s Investors Service completed a periodic review of the ratings of YPF Sociedad Anonima and other ratings that are associated with the […]