(YPF, 10.May.2024) — YPF SA said it achieved a new quarterly record high in operational efficiencies, delivering positive evolution in shale oil production. YPF also released its Form 20-F. ____________________
Category: Argentina
Argentina energy
Vista and Nabors to Deploy Third Drilling Rig to Vaca Muerta
(Vista, 6.May.2024) — Vista Energy (NYSE: VIST) and Nabors Industries (NYSE: NBR) announced today the official signing of the contract to add a third drilling rig, aiming to accelerate Vista´s development of Vaca Muerta in southern Argentina. The signing occurred at Nabors’ offices in Houston, with the participation of Juan […]
Petrobras Releases 1Q:24 Operational Report
(Petrobras, 29.Apr.2024) — In 1Q24, average production of oil, NGL and natural gas reached 2,776 MMboed, increase of 3.7% when comparing with the same period last year (1Q23). Among the main factors behind this variation, we can highlight the ramp-up of the FPSOs Almirante Barroso, P-71, Anna Nery, Anita Garibaldi and […]
Petrobras and Enarsa Ink MOU for Natural Gas Studies
(Energy Analytics Institute, 25.Apr.2024) — On 18 Apr. 2024, Petrobras inked a Memorandum of Understanding (MOU) with the Argentina state energy company Enarsa to study partnerships in the natural gas segment. “The non-binding agreement has a term of three years and will allow for the exchange of information; the assessment […]
Golden Arrow Updates on Agreement at San Pietro IOCG
(Golden Arrow, 11.Apr.2024) — Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) reported on the status of the option granted to Sociedad de Servicios Andinos SpA (SSA) in respect to the San Pietro project located in Chile (the “Transaction“). As previously announced on 12 Jan. 2024 (the “Initial Press Release“), New Golden Explorations Chile SpA […]
PetroTal Announces Q1 2024 Operations and Corporate Updates
(PetroTal, 11.Apr.2024) — PetroTal Corp. (TSX: TAL, AIM: PTAL and OTCQX: PTALF) announces the following operational, financial and corporate updates. All amounts are in US dollars unless stated otherwise. Q1 2024 Production PetroTal achieved average production of 18,518 barrels of oil per day (bopd) in Q1 2024, in line with guidance. […]
GeoPark In Exclusive Dealings to Buy Unconventional Blocks in Vaca Muerta
(GeoPark, 11.Apr.2024) — GeoPark Limited (NYSE: GPRK) has submitted a binding offer to acquire a non-operated working interest (WI) in unconventional blocks in the Neuquen Basin in Argentina. As of the date of this release, the offer has been accepted by the seller and the parties are working on an […]
Venezuelan Production with US Sanctions Not Reimposed, Reimposed: Rystad
(Rystad Energy, 4.Apr.2024) — As the deadline for US sanctions relief on Venezuela ends on 18 Apr. 2024, the outlook for the South American nation’s oil industry appears uncertain. If the US does not reimpose sanctions, Venezuela could surpass the 1 million barrels per day (bpd) threshold as early as […]
EAI’s NRGBriefs: March 2024
(Energy Analytics Institute, 31.Mar.2024) — Energy briefs as well as others related to finance and projects during Mar. 2024 including Argentine inflation reaching 13.2% in Feb. 2024 and trailing 12-month inflation reaching 276.2%; Petrobras saying it will not create a new reserve; NextDecade targeting a positive final investment decision (FID) […]
CERAWeek 2024 Boasts Delegate Attendance of 8,100+Â
(Energy Analytics Institute, 22.Mar.2024) — The CERAWeek by S&P Global, held 18-22 Mar. 2024 in Houston, Texas, boasted in attendance 8,100+ delegates (9,400+ when counting staff, vendors etc), a record compared to the prior record of 7,200+ delegates at CERAWeek 2023. CERAWeek counted on 1,400 speakers and tons of S&P […]
YPF Provides 4Q:23 Operational, Financial Updates
(YPF, 7.Mar.2024) — YPF SA reported total hydrocarbon production averaged 514 Kboe/d in 2023 (+2% vs. 2022) and 511 Kboe/d in 4Q23 (-2% q/q but +2% y/y), mainly boosted by the expansion in crude oil production, while natural gas production declined by 3% in 2023 driven by lower demand. 46% […]
EAI’s NRGBriefs for Feb. 2024: Guyana, Mexico, Uruguay and Venezuela
HOUSTON, TEXAS (By editors with Energy Analytics Institute, 29.Feb.2024, Words: 3,790) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and CNOOC considering their pre-emption rights to Hess Corp.’s stake in the offshore Stabroek Block; increases in electricity for the majority […]
Milei’s Impact on Argentina’s Energy Landscape OutlookÂ
(Energy Workforce & Technology Council, 29.Feb.2024) — Promising drastic change to Argentina’s government and economy, President Javier Milei has run into political speed bumps impacting the oil and gas industry in one of the largest shale patches in the Western hemisphere. Energy Workforce’s Latin America Chapter is eager to engage […]
YPF on Final Results with respect to its Tender Offer
(YPF, 6.Feb.2024) — YPF Sociedad AnĂłnima announced the expiration and final results as of 5:00 p.m. (New York City time) on 5 Feb. 2024 of its previously announced cash tender offer for any and all of its outstanding US$346,313,047.20 aggregate principal amount of 8.75% senior amortizing notes due 2024 on […]
YPF SA names Horacio Daniel Marin as president
HOUSTON, TEXAS (Aaron Simonsky, Energy Analytics Institute, 26.Jan.2024, Words: 34) — Argentina’s state-owned energy giant YPF SA announced the appointment of Horacio Daniel Marin as president of the company. ____________________ By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.
Golden Arrow Announces $5mn Option Agreement
(Golden Arrow, 12.Jan.2024) — Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) announced that New Golden Explorations Chile SpA (NGE), a wholly-owned subsidiary of the company, has entered into an option agreement (fully executed 9 Jan. 2024) with Sociedad de Servicios Andinos SpA (SSA). Under the option agreement, NGE has granted […]
IMF Unlocks $4.7bn for Argentina Amid Economic Crisis
(Al Jazeera, 11.Jan.2024) — Argentina and the International Monetary Fund (IMF) have finalised an agreement to release $4.7bn as part of a debt restructuring plan for the troubled South American nation. Latin America’s third-biggest economy is facing dire economic challenges after decades of debt and financial mismanagement, with inflation surpassing 160 percent […]
YPF Sells $800mn Bond to Fund Debt Buyback
(Bloomberg, 10.Jan.2024) — Argentina’s state-owned oil driller YPF SA tapped international investors with a new dollar bond to help finance a buyback of existing debt, according to people familiar with the matter. The firm sold $800 million in fixed-rate debt due 2031, according to people familiar with the matter. The […]
IMF Grants Argentina Access to $4.7bn
(IMF, 10.Jan.2024) — An International Monetary Fund (IMF) team, led by Luis Cubeddu, Deputy Director of the Western Hemisphere Department and Ashvin Ahuja, Mission Chief for Argentina, issued the following statement in Buenos Aires today following the conclusion of discussions on the seventh review of the Extended Fund Facility (EFF) […]
EAI’s NRGBriefs: Dec. 2023
(Energy Analytics Institute, 31.Dec.2023) — Energy briefs as well as others related to finance and projects during Dec. 2023 including why Venezuela wants to annex the Essequibo; Petrobras acquiring 29 blocks in the Pelotas basin in the 4th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas […]
Argentina’s Milei to Prohibit Rehiring Public Workers
(Energy Analytics Institute, 26.Dec.2023) — Argentina’s president Javier Milei published a decree that prohibits the renewal of jobs of public workers hired in 2023. The decision is part of adjustments by Milei intended to reduce state spending, Venezuela’s daily El Universal reported 26 Dec. 2023 citing data from Argentina’s La […]
![Fact sheet: Argentina’s Vaca Muerta formation [Videos]](https://energy-analytics-institute.org/wp-content/uploads/2019/11/vaca-muerta-nov.jpg)
Fact sheet: Argentina’s Vaca Muerta formation [Videos]
(Aaron Simonsky, Energy Analytics Institute, 4.Dec.2023) — Argentina’s Vaca Muerta shale formation contains an estimated 308 trillion cubic feet (Tcf) of recoverable shale resources and is important for continued economic development of the South America country, according to the government. ____________________ By Aaron Simonsky. © Energy Analytics Institute (EAI). All […]
Rock Tech Secures Offer for Guben Converter
(Rock Tech, 4.Dec.2023) — Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) has received a binding feedstock supply offer  from Castelburg Industrie GmbH. Castelburg, a renowned supplier in the automotive industry commits to supply a minimum of 250,000 dry metric tonnes of spodumene concentrate feedstock for the company’s conversion […]
Blue Sky Uranium Applies to Extend Warrants
(Blue Sky, 1.Dec.2023) — Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF),has made an application to the TSX Venture Exchange to extend the term of the outstanding warrants as follows: 38,590,654 unexercised Warrants (42,000,077 originally granted) that are set to expire on 11 Jan. and 26 Jan. 2024 to be […]
Southern Cone Market to Invest $46bn in Gas Production
(WoodMac, 30.Nov.2023) — Driven by advances in batteries and lower costs, solar will outpace wind growth rates and become the leading technology for expansion over the next ten years in Argentina, Brazil, and Chile. The total solar market is set to add 48 gigawatts (GW) of utility and distributed projects, […]
President Elect Milei to Shake up Argentina’s Oil Industry
(WooMac, 28.Nov.2023) — Addressing the election of Javier Milei as President of Argentina, Adrian Lara, principal analyst, said “Elected President Javier Milei and his advisors are signalling the importance the oil and gas sector has in their plans for the overall Argentinian economy, however, their success in deregulating the sector […]
![Vista Updates on LatAm Assets [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/11/arg-mex-vista.png)
Vista Updates on LatAm Assets [PDF Download]
(Energy Analytics Institute, 25.Nov.2023) — Vista Energy provided an update on its assets in Argentina and Mexcio while also providing details about its near-term roadmap to achieve its net zero ambitions. ____________________ By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.
LatAm Upstream Opportunities and Challenges: WoodMac
(WoodMac, 24.Nov.2023) — With nearly 15 billion barrels worth of varied resources discovered in the region since the turn of the decade, the future looks bright for upstream oil and gas in Latin America. Opportunities of all kinds are fuelling stratospheric expectations for Majors, national oil companies (NOCs) and mid-caps […]
Trump Tells President-elect Javier Milei he Plans to Visit Buenos Aires
(AP, 23.Nov.2023) — Former President Donald Trump has told Argentina’s President-elect Javier Milei that he plans to travel to the South American country so the two can meet, Milei’s office said Thursday. The office did not give a date for when Trump intends to be in Buenos Aires. The inauguration of Milei, […]
Argentina’s Incoming Administration Faces Challenges
(S&P Global Ratings, 21.Nov.2023) — Economic imbalances in Argentina provide complex conditions for the Milei administration even before he takes office, S&P Global Ratings said in an article published today titled “Argentina’s Incoming Administration Faces Difficult Economic Policy Implementation.” Javier Milei, of La Libertad Avanza (LLA), won a historic and […]
![YPF Reports Rise in 3Q:23 Production [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2023/11/ypf-3q23-source-ypf.png)
YPF Reports Rise in 3Q:23 Production [PDF Downloads]
(YPF, 9.Nov.2023) — Argentina’s YPF SA reported total hydrocarbon production averaged 520 Kboe/d in the third quarter 2023, up 1% sequentially and up 3% on a year-on-year basis, mainly boosted by the expansion of 5% in our crude oil production. ____________________
EAI’s NRGBriefs: Oct. 2023
(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including Vista‘s third quarter 2023 earnings presentation; the long-awaited Citgo Petroleum auction; Colombia’s first seabed allocation competitive process for offshore wind energy; former Trinidad and Tobago energy minister Kevin Ramnarine on […]
Tetra Reports 3Q:23 Results, Updates on Lithium Brine Unit
(TETRA, 30.Oct.2023) — TETRA Technologies, Inc. (NYSE:TTI) today announced third quarter 2023 financial results. Brady Murphy, TETRA President and Chief Executive Officer, stated, “In addition to another strong financial performance, in the third quarter we achieved an important milestone in our Company’s history with unanimous approval by the Arkansas Oil & […]
Argentina Lithium engages Resource Stock Digest for marketing contract
(Argentina Lithium & Energy Corporation, 23.Oct.2023, Words: 177) — Argentina Lithium & Energy Corp. has entered into a services agreement with Resource Stock Digest (RSD), of 1020 Dyer Creek Place, Round Rock, Texas, pursuant to which, among other things, RSD has agreed to provide certain promotional services to the corporation in accordance […]
Lithium South Expands Production Goals with Updated PEA
(Lithium South, 18.Oct.2023) — Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce that it has selected Knight PiĂ©sold Consulting (KP) and JDS Energy & Mining (JDS) to prepare an updated National Instrument 43-101 Preliminary Economic Assessment (PEA) on its flagship Hombre Muerto North Lithium Project […]
Tecpetrol on Alpha Lithium Tender
(Tecpetrol, 17.Oct.2023) — Tecpetrol Investments S.L. issued a reminder to shareholders of Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) to tender their shares in advance of the Offer deadline of 5:00 p.m. (Vancouver time) on 20 October 2023. Shareholders using a broker may have an earlier cut-off time and are urged […]
![Vista Investor Day 2023 Presentation [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/11/arg-mex-investor-day26sep2023-vista.png)
Vista Investor Day 2023 Presentation [PDF Download]
(Energy Analytics Institute, 26.Sep.2023) — Vista Energy provided an update on its assets in Argentina and Mexico during its 26 Sep. 2023 investor day. ____________________ By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.
Tecpetrol Reveals Best and Final Offer Price
(Tecpetrol, 22.Sep.2023) — Tecpetrol Investments S.L., a member of the Techint Group, announced has increased its all-cash offer (the “Offer“) to acquire all of the issued and outstanding common shares of Alpha Lithium Corporation (“Alpha” or the “Company“) to C$1.48 per share and has reduced the two-thirds minimum tender condition of the […]
EAI’s NRGBriefs: Aug. 2023
(Energy Analytics Institute, 31.Aug.2023) — Energy briefs as well as others related to finance and projects during August 2023 including Petrobras commenting on divestment process related to the LUBNOR refinery; Petrobras commenting on Sete Brasil; FMC Corporation on revenues in Latin America in the second quarter 2023; Sempra appointing Richard Mark to […]
Zelandez Launches New Specialized Lithium Brine Recycling Service
(Zelandez, 23.Aug.2023) — Zelandez, a provider of services to the lithium brine industry, today announced the availability of its new specialized lithium brine reinjection service. The innovative new service, believed to be an industry first, combines hydrochemistry with traditional reinjection techniques used extensively in the oil and gas market and […]
AES Argentina on Extension of Expiration Date of Exchange Offer
(AES Argentina, 17.Aug.2023) — On 13 July 2023, AES Argentina GeneraciĂłn S.A. announced the commencement of its offer to exchange any and all of its outstanding 7.750% Senior Notes due 2024 for newly issued 9.50% Notes due 2027 and cash consideration, as applicable, each upon the terms and subject to the conditions […]
Summit Nanotech and Power Minerals Ink Term Sheet in Argentina
(Summit, 14.Aug.2023) — Summit Nanotech, a sustainable lithium extraction technology company, and Power Minerals (ASX: PNN), a mineral resources exploration company, announced they have entered into a binding term sheet leading toward a joint venture (JV) agreement to accelerate lithium production through shared asset ownership and development at the Salar […]
Orvana Reports Quarterly Results
(Orvana, 11.Aug.2023) — Orvana Minerals Corp. (TSX: ORV) reports consolidated financial and operational results for the quarter ended 30 June 2023. Q3 FY2023 Orovalle Highlights: Production of 13,398 gold equivalent ounces (1) (11,522 gold ounces, 0.8 million copper pounds and 25,965 silver ounces). Q3 FY2023 COC at $1,392 and AISC at $1,712. YTD Q3 FY2023 COC at $1,378 and AISC at $1,667. […]
Lithium South on Production Well Program
(Lithium South, 10.Aug.2023) — Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt OGPQ) has formalized a contract with Well Drilling of Salta, Argentina, for the provision of a two-phase program of up to six production/pumping wells for the Hombre Muerto North Lithium Project (HMN Li Project), located in Salta Province, Argentina. Phase One […]
CSI Continues Leverage Reduction
(CSI, 7.Aug.2023) — CSI Compressco LP (NASDAQ: CCLP) announced second quarter 2023 results. Second Quarter 2023 Results: Total revenues were $96.8mn compared to $84.5mn in the second quarter 2022. Contract services revenue increased to $70.5mn compared to $64.3mn in the second quarter 2022. Net loss was $2.6mn compared to a net loss of $6.8mn in the second quarter 2022. Adjusted EBITDA was $32.5mn compared to $26.4mn in […]
Argentina Could be Epicenter of New Stage of Lithium Supply
(S&P Global, 4.Aug.2023) — Argentina, the world’s fourth largest lithium producer, second in resources, has been cast as the promising supplier to leapfrog Chile in the short term, as it holds a strong pipeline of lithium projects close to coming online and set to unlock a wave of production of […]
![IGU 2023 World LNG Report [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/07/igu-2023-rpt-cover.png)
IGU 2023 World LNG Report [PDF Download]
(IGU, 20.Jul.2023) — The International Gas Union (IGU) presented its 14th annual edition of the IGU World LNG report. ____________________
Argentina Inaugurates Gas Pipeline to Reverse Energy Deficit
(Reuters, 9.Jul.2023) — Argentina inaugurated on Sunday the first stage of a gas pipeline that will carry natural gas from the Vaca Muerta formation in western Argentina to Santa Fe province by way of Buenos Aires province, an essential work to reverse the country’s significant energy deficit. Vaca Muerta, a […]
Bunge, Chevron Acquire Argentina’s Chacraservicios
(Bunge, 5.Jul.2023) — Bunge (NYSE: BG) and Chevron’s Renewable Energy Group Inc., a subsidiary of Chevron Corporation (NYSE: CVX), acquired Chacraservicios S.r.l., based in Argentina, from the Italian-based Adamant Group. This latest investment in novel seeds adds a new oil source in Bunge and Chevron’s global supply chains and will help both companies meet the growing demand for […]
EAI’s NRGBriefs: Jun. 2023
(Energy Analytics Institute, 30.Jun.2023) — Energy briefs as well as others related to finance and projects during June 2023 including YPF and Petronas updating on their joint plans to develop a 25 MTPA LNG facility in Argentina; Caterpillar Inc. saying its chief legal officer and general counsel Suzette M. Long will retire […]