(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 […]
Category: Argentina
Argentina energy
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]](https://energy-analytics-institute.org/wp-content/uploads/2021/05/resultados_mayo_source-ypf.jpg)
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](https://energy-analytics-institute.org/wp-content/uploads/2020/04/planta_refineria_ecopetrol_barrancabermeja.jpg)
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 […]
Roadblocks Lifted At Argentine Fields
(Argus, 28.Apr.2021) — Protesters in Argentina have lifted roadblocks that had crippled shale oil and gas activity and thwarted fuel distribution for almost three weeks. Healthcare workers started blocking roads around the Vaca Muerta shale patch in Neuquen province on 7 April in an effort to secure higher pay. They […]
TGS Files 2020 Annual Report
(TGS, 27.Apr.2021) — Transportadora de Gas del Sur S.A. 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). The 2020 Annual Report can be accessed by visiting the company’s website at www.tgs.com.ar as well as on […]
Vista Oil Releases Sustainability Report
(Vista Oil & Gas, 27.Apr.2021) — Vista Oil & Gas, S.A.B. de C.V. announced the publication of its inaugural 2020 Sustainability Report, underscoring the company’s commitment to embed Environmental, Social and Governance (ESG) practices within its business strategy to create value in the present while building a better future for […]
Argentina Ramping Up LNG Imports
(Natural Gas Intelligence, 26.Apr.2021) — Argentina has commissioned a second floating storage and regasification unit (FSRU) to meet higher-than-expected natural gas demand this upcoming winter in the Southern Hemisphere. The country’s natural gas buyer, Integración Energética Argentina (Ieasa), has leased an Excelerate Energy LP FSRU for the Bahía Blanca port. […]
Pan American Announces Expiration Of Tender Offer
(Pan American Energy, 23.Apr.2021) — Pan American Energy, S.L., Argentine Branch, a branch of Pan American Energy, S.L., a Spanish limited liability company, announced today that the previously announced tender offer for cash for any and all of its outstanding 7.875% Notes due 2021 (CUSIP: 69783TAA2 and 69783UAA9/ISIN US69783TAA25 and […]
Protests Erode Argentina’s Shale Flow
(Argus, 21.Apr.2021) — Argentina’s shale oil and gas production is starting to decline and fuel shortages are worsening because of prolonged roadblocks by healthcare workers in Argentina’s southwestern province of Neuquen. The blockades, which started on 7 April and now number around 30, have led to production losses of some […]
Vaca Muerta Production Impacted By Neuquén Protests
(Energy Analytics Institute, 20.Apr.2021) — Oil and gas production from Argentina’s prolific Vaca Muerta formation have been impacted by nearly two weeks of protests and road blockages by health care workers seeking higher wages. Oil production in the region is initially down around 5,000 barrels per day while gas production […]
LatAm Briefs: MEEI Minister’s Death, YPF Boosts Fuel Prices
(Energy Analytics Institute, 17.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: the passing of Trinidad and Tobago’s energy minister Franklin Khan, Argentina’s inflation reaching 4.8% in March and Argentina’s YPF boosting fuel prices an average 6%. Trinidad’s Energy Minister Franklin Khan Passes Away Franklin Khan, Trinidad […]
LatAm Briefs: New Pacific In Bolivia, Orvana’s 2Q:21 Production
(Energy Analytics Institute, 15.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: New Pacific acquiring the Carangas Silver Project, Bolivia and Orvana announcing second quarter production of 14,197 AuEq oz and exploration update. New Pacific Acquires the Carangas Silver Project, Bolivia (New Pacific Metals, 12.Apr.2021) — New […]
Argentina Prioritizing Oil Sector Legislation
(S&P Global, 15.Apr.2021) — Argentina’s government is making advances on drafting a bill to provide incentives for ramping up the country’s oil and natural gas production and exports, while more immediately seeking an agreement to end a protest stymieing activity in the Vaca Muerta shale play, Energy Secretary Dario Martinez […]
LatAm Briefs: Health Workers Protest In Argentina
(Energy Analytics Institute, 14.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina’s Labor Ministry issuing a mandatory conciliation between oil workers and companies, companies in Argentina prepare to pay more for gas starting 1 May 2021, and health and social workers protest in Neuquén. Argentina’s Labor […]
Pampa To Start Producing Vaca Muerta Oil
(S&P Global, 14.Apr.2021) — Pampa Energia, the fifth-biggest natural gas producer in Argentina, is taking its first steps to produce oil from the Vaca Muerta shale play while also stepping up gas output on a bet that a rise in domestic and export demand and prices will improve profits, Horacio […]
Pan American Commences Tender Offer
(Pan American, 12.Apr.2021) — Pan American Energy, S.L., Argentine Branch, a branch of Pan American Energy, S.L., a Spanish limited liability company (“Pan American”), commenced a tender offer for cash (the “Offer”) for any and all of its outstanding 7.875% Notes due 2021 (CUSIP: 69783TAA2 and 69783UAA9/ISIN US69783TAA25 and US69783UAA97) […]
Vaca Muerta Faces Production Decline
(S&P Global, 12.Apr.2021) — Argentina’s oil and natural gas output could begin to fall in the next few days if protesting health workers and truckers continue to block access to fields in Vaca Muerta, a shale play that has been driving growth, sources at two production companies there said April […]
LatAm Briefs: Mendoza Province Asset Grab, Ecuador Elections
(Energy Analytics Institute, 2.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: Mendoza taking back an area in the Neuquina Basin from a Medanito subsidiary and Ecuador eying second round presidential elections. Mendoza Province Takes Back Assets From Medanito Subsidiary Argentina’s Mendoza province on 12 March 2021 […]
Shell Updates On South American Assets In Annual Report
(Shell, 1.Apr.2021) — Shell provided details in its 2020 annual report related to its operations in South America from Argentina, Brazil and Bolivia. What follows is a summary from the report. South America Argentina We have more than 178 thousand net mineral acres in the Vaca Muerta Basin, a liquids- […]
LatAm Briefs: Point Lisas’ Slide, Añelo Petrol Station
(Energy Analytics Institute, 1.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: halting the slide a Point Lisas in Trinidad and YPF inaugurating a new petrol station in Añelo in the heart of the Vaca Muerta formation. Point Lisas Slide Can Be Halted: Ramnarine “The slide of […]
LatAm Briefs: Argentine Wages Issues, Pereyra To Step Down
(Energy Analytics Institute, 31.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Argentine oil workers threaten to strike in Vaca Muerta over wages, and Argentine oil union head Guillermo Pereyra to finally step down. Oil Workers Threaten Strike In Vaca Muerta Over Wages Argentina’s oil union led […]
LatAm Briefs: Russia, Venezuela Boost Ties; YPF Meeting
(Energy Analytics Institute, 30.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Russia and Venezuela strengthening their cooperation and Argentina’s state oil producer YPF eyeing shareholders’ meeting on 30 April 2021. Russia And Venezuela Strengthen Cooperation A Russian-Venezuelan high-level intergovernmental commission (CIAN by its Spanish acronym) signed […]
LatAm Briefs: Robots On Platforms, Oil Union vs. Shell Argentina
(Energy Analytics Institute, 30.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: the calculated oil industry wage savings from using robots on platforms instead of humans and a commission in Argentina that will likely decide a conflict between the country’s oil union and Shell. Oil Industry Savings […]
LatAm Briefs: Kircher On IMF, OCP President Resignation
(Energy Analytics Institute, 24.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina’s Cristina Kircher insisting the International Monetary Fund (IMF) give Argentina lower debt rates, the president of Caracas-based CAF resigning, and the president of Ecuador’s OCP resigning, among others. Kircher Insist IMF Give Argentina Lower […]
LatAm Briefs: Argentina And IMF, ANCAP 2020 Loss
(Energy Analytics Institute, 23.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: the IMF contemplating lending $4.4bn to Argentina and Uruguay’s ANCAP reporting a $12mn loss in 2020. IMF Could Lend $4.4bn To Argentina The International Monetary Fund (IMF) could lend Argentina around $4.4bn, according to reports […]
Neuquén Province Boosts Output In February 2021
(Energy Analytics Institute, 22.Mar.2021) — Argentina’s Neuquén province produced 178,349 barrels per day of oil in February 2021, up 3.22% sequentially and up 6.91% compared to February 2020. Approximately 80% of the production in February came from the Vaca Muerta formation, Neuquén governor Omar Gutiérrez said 22 March 2021 in […]
Buenos Aires On Debt Restructuring
(The Province of Buenos Aires, 21.Mar.2021) — Since the announcement of its invitation to holders of certain eligible bonds as set forth in the invitation memorandum dated 24 April 2020 (as amended and supplemented from time to time, the “Invitation Memorandum”) to submit orders to exchange their eligible bonds for […]
LatAm Briefs: YPF Chubut CAPEX, Fracking In Colombia
(Energy Analytics Institute, 17.Mar.2021) — Energy briefs from the Latin America and Caribbean regions Argentina, Colombia and Uruguay including: YPF’s investment plans in Chubut, Argentina’s economic minister’s plans to visit with IMF officials in the US, ExxonMobil’s pilot fracking plans in Colombia, and ANCAP’s board naming a new general manager […]
YPF Increases Diesel, Gasoline Prices
(Argus, 16.Mar.2021) — YPF, the biggest oil producer in Argentina, said March 16 that it hiked diesel and gasoline pump prices by 7%, helping to finance a $2.7 billion investment plan to boost crude output. The state-backed company said the increase took effect at the start of the day, adding […]
Argentine President Targeted By Mob
(Bloomberg, 15.Mar.2021) — Argentine President Alberto Fernandez had to dodge protesters to get onto a minibus that was then pelted with stones as environmentalists battle a move to give mining the green light in Chubut. In the Patagonian province to check on efforts to extinguish forest fires, Fernandez was caught […]
LatAmNRG Briefs: YPF Fuels, Colombian Fracking
(Energy Analytics Institute, 15.Mar.2021) — Energy briefs from the Latin America and Caribbean regions Argentina, Colombia and Venezuela including: Tenaris snatches up Baker Hughes Argentina, YPF raises fuel prices again, Colombia’s ANH awaits offers for more pilot fracking projects and Venezuela suffers a severe diesel shortage. Tenaris Acquires Baker Hughes […]
Argentina Torn Between Shale Dream And Climate Goals
(Bloomberg, 10.Mar.2021) — President Alberto Fernandez took to a makeshift stage in Argentina’s Vaca Muerta shale deposit in October to announce the nation was doubling down on fossil fuels. “Today we are relaunching the oil and gas economy,” he declared, starting with $5 billion of government subsidies. Two months later, […]
YPF Comments On Rating Change By Fitch
(YPF, 19.Feb.2021) — In accordance with the requirements of the Argentine Securities Commission (CNV) Rules YPF informs that Fitch Ratings decided to raise the long-term issuer default rating of the company and the rating of the unsecured negotiable obligations (“Senior Unsecured Notes”) on an international scale, in each case from […]
Argentina’s Shale Ambitions Hang In Balance
(Bloomberg, 18.Feb.2021) — YPF SA, Argentina’s state-run oil company, needs to come up with more than $1 billion to spur drilling in Patagonia, where it’s leading development of the biggest shale patch outside the U.S. It’s not going to be easy. YPF restructured bonds last week to free up money […]
Fitch Downgrades YPF’s IDRs To ‘RD’
(Fitch Ratings, 18.Feb.2021) — Fitch Ratings has downgraded YPF S.A.‘s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘RD’ from ‘C’, due to the conclusion of its announced exchange offer. Fitch has simultaneously upgraded YPF’s Long-Term Local and Foreign Currency IDRs to ‘CCC’ from ‘RD’, and upgraded the […]