Argentina Archives - Page 9 of 25 - Editores LatinPetroleum

Oz Lithium Crew on Site at Laguna Santa Maria Argentina

(Oz Lithium, 29.Jun.2023) — Oz Lithium Corporation (CSE: OZLI) (OTC: GRXXF) (Frankfurt: G0A) said evaluation work has begun at the Laguna Santa Maria Project, located in the northwest territory of the Province of Salta, Argentina. The project is fully permitted and licensed for the production of sodium carbonate, commonly referred to as soda ash, and […]

Tecpetrol Updates on Alpha Lithium Offer

(Tecpetrol, 19.Jun.2023) — Tecpetrol Investments S.L., a member of the Techint Group, announced the following updates to shareholders of Alpha Lithium Corporation with respect to its offer to acquire all of the issued and outstanding common shares of Alpha, a Canadian incorporated, headquartered and listed company. Continued Willingness to Engage and […]

Lithium South Enhanced Resource Update

(Lithium South, 15.Jun.2023) — Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is providing an update on the recently completed exploration program and status of the updated Mineral Resource Estimate that is currently underway for the Hombre Muerto North Lithium Project (HMN Li Project) in Salta Province, Argentina. All core samples have been […]

Vaca Muerta Could Produce 1 MMb/d by 2030, Rystad Says

(Rystad Energy, 31.May.2023) — Crude oil production from Argentina’s burgeoning shale patch, Vaca Muerta, could surge in the coming years and top 1 million barrels per day (bpd) by the end of the decade – but only if takeaway capacity and rig availability do not limit growth. Rystad Energy’s modeling […]

Blue Sky Updates on Amarillo Grande Uranium Project, Argentina

(Blue Sky, 24.May.2023) — Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), “Blue Sky” or the “Company”) is pleased to provide an update on exploration and development work carried out at its wholly owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina (“AGP”), which includes the Ivana uranium-vanadium deposit. Ivana Process Design Testwork […]

Argentina Asks Oil Firms to Fund Their Own Imports Amid Forex Shortage

(Reuters, 24.May.2023) — The Argentine government has asked oil companies to finance their own imports for 90 days due to the shortage of foreign currency at the country’s central bank, an official source familiar with the matter said on Wednesday. The request follows a decision from the government to request […]

Interoil’s Production Report, April 2023 [PDF Download]

(Interoil, 22.May.2023) — In March 2023, unfortunately Interoil’s average daily operated production decreased by 271 boepd where most of the lost production is related with operational issues in Argentina where the austral winter arrived sooner than expected. Fortunately, Colombia community distress situation was solved, and operations are slowly recovering to its […]

YPF’s Production Averaged 511 Mboe/d in the 1Q:23 [PDF Downloads]

(YPF, 12.May.2023) — YPF SA announced the its combined production averaged 511,000 boe/d in the first quarter of 2023. ____________________

Pampa Energía Reveals First Quarter 2023 Results

(Pampa Energía, 10.May.2023) — Pampa Energía S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), an independent company with active participation in Argentina’s electricity and gas value chain, announces the results for the quarter ended on 31 March 2023. Pampa’s financial information adopts US$ as functional currency, expressed in AR$ at transactional nominal exchange rate (‘FX’). […]

Chile Signs Oil Import Deal with YPF

(Reuters, 8.May.2023) — Chilean state oil company National Petroleum Company (ENAP) said on Monday it has signed a temporary agreement with Argentine oil firm YPF (YPFD.BA) to import crude through the Trasandino pipeline, a key step for both countries’ trade. The Trasadino pipeline, known as OTA-OTC or OTASA, connects the huge Vaca […]

LatAm Gas Resources and Development Challenges: WoodMac

(WoodMac, 3.May.2023) — Latin America has significant gas resources that have not been prioritised for development. Natural gas demand in the region will continue to grow, however, driven by the replacement of coal in power generation and industrial processes. To meet this demand, Latin America will need to maximise its […]

Pampa Energía Files Form 20-F

(Pampa Energía, 28.Apr.2023) Pampa Energía S.A. (NYSE: PAM; Buenos Aires Stock Exchange: PAMP), an independent energy integrated companies in Argentina, with participation in the electricity and gas value chain, announces that on 28 April 2023 it has filed its annual report on Form 20-F for the fiscal year ended 31 December 2022 (the ‘2022 annual report’) before […]

NatGas in Transition to Low-Carbon Economies [PDF Download]

(IGU, OLADE, ARPEL, 17.Apr.2023) — The world needs to transition to low-carbon economies to reduce global warming while continuing to promote sustainable socioeconomic development for a growing global population. Achieving this massive goal requires a radical transformation in how energy is supplied and used worldwide, as 73% of global greenhouse […]

Golden Arrow Options Espota Project in Argentina

(Golden Arrow, 18.Apr.2023) — Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) reportws that it recently entered into an option agreement to acquire a 100% interest in the Espota Gold Project covering nearly 30km2 in San Juan Province, Argentina (see Figure 1). Golden Arrow has commenced a reconnaissance surface exploration program throughout the property and has already identified a […]

IMF’s Lower Bar for Argentina Already Looks Too High

(Reuters, 5.Apr.2023) — The International Monetary Fund (IMF) has given Argentina something of break by easing economic targets in its $44 billion loan deal, but some rosier-than-reality program forecasts may be setting the South American country up for more failure. The IMF this week cut the level of foreign currency […]

SSR Mining Reports Positive Results at Puna [PDF Download]

(SSR Mining, 27.Mar.2023) — SSR Mining Inc. (NASDAQ/TSX: SSRM, ASX: SSR) announced results from 48 drill holes completed at the Puna project for the period of August to December 2022. Puna includes the Pirquitas and Chinchillas properties, both located in the Jujuy Province of northern Argentina (see Figure 1 within […]

Interoil Releases Feb. 2023 Production Report

(Interoil, 13.Mar.2023) — In February 2023, Interoil’s average daily operated production increased by 573 boepd recovering most of the lost production from previous months. During February the production growth is explained by the recovering of shut-in wells in Argentina whilst Colombia’s production still faces community’s issues causing the mobilization of […]

Lithium South on High-Grade Results at Hole AS02

(Lithium South, 14.Feb.2023) — Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) provided results from the ongoing drill campaign at the Hombre Muerto North Lithium Project (HMN Li Project) in Salta Province, Argentina. The company is reporting partial results from hole AS02, which has been completed to a depth of […]

ENARGAS Releases September 2022 Gas Panorama [PDF Download]

(Energy Analytics Institute, 13.Feb.2023) — ENARGAS announced that Argentina’s gross natural gas production is mainly concentrated in four operators: YPF, Total Austral, Tecpetrol and Pan American Energy (PAE), which in September 2022 produced 75.94% of total gross production. ____________________ By Ian Silverman. © Energy Analytics Institute (EAI). All Rights Reserved.

Argentina’s Revival Will Move Global Energy Markets

(LatAm Investor, 20.Jan.2023) — Most international investors keep clear of Argentina. It has an unenviable record of default and expropriations while successive governments seem unable to manage the country’s incredible natural wealth. The return of the controversial Cristina Kirchner – who was Argentina’s first lady then president from 2003 to […]

Pan American Silver Reveals Prelim 2022 Production Results

(Pan American, 17.Jan.2023) — Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) announced its preliminary production results for the fourth quarter (“Q4 2022“) and full year 2022 (“FY 2022“), with FY 2022 results in line with annual guidance. Consolidated silver production in 2022 of 18.5 million ounces was within the revised guidance […]

Bolivian Gas Production to Decline Faster than Expected

(WoodMac, 17.Jan.2023) — Bolivian gas production will decline more rapidly than expected, falling from 1,400 million cubic feet per day (mmcfd) in 2022 to as low as 400 mmcfd by 2030, according to a report from Wood Mackenzie, a Verisk business. “Production in Bolivia has been in a steady decline […]

LatAm Politics Today from Argentina to Peru

(Reuters, 23.Dec.2022) — The latest in Latin American politics today: ex-ministers in Peru recount Castillo’s dramatic final day, U.S. court rejects Maduro ally’s bid to dismiss charges, CEO of Brazil’s Petrobras to resign before end of April, and Panama aims to reach ‘fair’ deal with miner First Quantum. Argentine president […]

Energy Analytics Institute’s NRGBriefs: November 2022

(Energy Analytics Institute, 30.Nov.2022) — Energy briefs as well as others related to finance and politics during November 2022 including Brazilian oil giant Petrobras launching its strategic plan for 2023-27; US Secretary of State Antony Blinken welcoming resumption of Venezuelan-led negotiations in Mexico City between the ruling party and opposition […]

Interoil Releases 3Q:22 Details

(Interoil, 29.Nov.2022) — In July 2022 Interoil Exploration and Production ASA successfully closed its share offering. The final number of shares that were subscribed and issued in the Share Issue is 14,357,554 at a subscription price of NOK 1.30 per share, resulting in gross proceeds of approximately NOK 18.7mn. Gross […]

YPF Sociedad Anónima 3Q:22 Earnings Call Transcript

(Seeking Alpha, 10.Nov.2022) — Executives with Argentina’s state oil giant YPF Sociedad Anónima (NYSE:YPF) held a third quarter of 2022 earnings conference call with analysts. What follows is a transcript of the call. Company Participants Pablo Calderone – Investor Relations Pablo Iuliano – Chief Executive Officer Alejandro Lew – Chief […]

Pan American Silver Reports 3Q:22 Results

(Pan American Silver, 9.Nov.2022) — Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) reported unaudited results for the quarter ended 30 September 2022 (“Q3 2022”). “Our Q3 results reflect the industry-wide challenge of softening precious metal prices combined with inflationary cost pressures,” said Michael Steinmann, President and Chief Executive Officer. Added Mr. Steinmann: […]

Pan American and Agnico Terminate Gold Fields Transaction

(Pan American Silver, 8.Nov.2022) — Pan American Silver Corp. (TSX: PAAS) (Nasdaq: PAAS) and Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM) announced that the arrangement agreement with Yamana Gold Inc. which Yamana entered into earlier today (the “Pan American-Agnico Arrangement Agreement“) has become effective upon the termination today by Gold Fields […]

Interoil Releases Sep. 2022 Production Report (Argentina / Colombia)

(InterOil, 14.Oct.2022) — In September 2022, the average daily operated production from fields in Argentina and Colombia combined increased by 32 boepd representing one percent against the month of August. Most of this increment comes from the Argentina operation, +71 boepd, whereas the Colombia operation decreased by 40 boepd as […]

Energy Analytics Institute’s NRGBriefs: September 2022

(Energy Analytics Institute, 30.Sep.2022) — Energy briefs as well as others related to finance and politics during September 2022 including EXMAR closing the sale of the floating liquefaction barge Tango FLNG to Eni; the Venezuelan government officially regaining control of the petrochemical company Monómeros, a subsidiary of the state-owned PDVSA; […]

Vaca Muerta Shale Day in Houston 2022

(IAPG, 27.Sep.2022) — Since its first wells more than ten years ago, Argentina’s Vaca Muerta has come a long way to become the most relevant shale play outside North America. Full development has become a reality and production from Vaca Muerta now represents 41% of Argentina’s oil production and 38% […]

TotalEnergies Launches Fenix Offshore Gas Project

(TotalEnergies, 19.Sep.2022) — TotalEnergies approved the final investment decision for the Fenix gas development, located 60 km off the coast of Tierra del Fuego in southern Argentina. Through its Total Austral affiliate, TotalEnergies operates the project with a 37.5% interest, in partnership with WintershallDea (37.5%) and Pan American Sur (25%). […]

Interoil’s August 2022 Production Report

(Interoil, 12.Sep.2022) — In August 2022, the average daily operated production from fields in Argentina and Colombia combined decreased by 48 boepd representing a decline of less than two percent compared with July. This is explained by some operational changes in Argentina especially in the Santa Cruz operation. In Argentina, […]

Argentina Eyes Record Output from Vaca Muerta

(Reuters, 6.Sep.2022) — Argentina is on track to hit record oil output this year from its massive shale deposits, which are already responsible for record natural gas production, a key local official said on Tuesday, amid a national push to grow domestic energy supplies. Located in western Neuquen province, the […]

Petronas Expands Strategic Alliance with YPF in Argentina

(Petronas, 1.Sep.2022) — Petronas signed a Memorandum of Understanding (MoU) with Argentina’s largest integrated oil and gas company YPF to pursue collaboration in Argentina in an integrated LNG project and other areas, including upstream oil, petrochemicals and clean energy solutions. The MoU was formalised by Petronas President and Group Chief […]

First Hole HMN Li Project, Argentina Second Drill Rig on Site

(Lithium South, 25.Aug.2022) — Lithium South Development Corporation (TSX-V: LIS) (OTC-QB: LISMF) (Frankfurt: OGPQ) provided an update on the drilling campaign currently underway at the Hombre Muerto North Lithium Project (HMN Li Project) in Salta Province, Argentina. The first hole AS01 has now been completed to a depth of 270m. As the […]

Argentina to Send Humanitarian Aid to Cuba after Oil Fire

(Xinhua, 14.Aug.2022) — The Argentinean Foreign Ministry announced on Sunday that three batches of humanitarian aid will be sent to Cuba to alleviate the severe consequences of an oil fire in the Cuban city of Matanzas. The ministry said in a statement that on Monday, the first load of aid, […]

YPF Ups Capex Forecast on Inflation, Increased Activity

(Reuters, 11.Aug.2022) — Argentine national oil company YPF is increasing its forecast 2022 capital expenditures by some 10% to $4 billion, on inflationary pressures and above-expected activity, executives said on Thursday. The increase in the second half is partly “the result of better performance than anticipated in the first half,” Chief Financial […]

NRGBriefs: YPF Produces 504,000 boe/d in 2Q:22 [PDF Downloads]

(Energy Analytics Institute, 22.Jul.2022) — Energy briefs including Argentina’s state-owned oil and gas producer YPF reporting combined production of 504,000 boe/d in the 2Q:22. LATIN AMERICA AND THE CARIBBEAN Argentina — Argentina’s state-owned oil and gas producer YPF reported production of 504,000 boe/d in the 2Q:22, flat w/ q-o-q but […]

Eni Acquires Tango FLNG to Export LNG from Congo

(Eni, 5.Aug.2022) — Eni has acquired the company Export LNG Ltd, which owns the Tango FLNG floating liquefaction facility, from Exmar group. The facility will be used by Eni in the Republic of Congo, as part of the activities of the natural gas development project in the Marine XII block, in […]

EXMAR Sells Floating Liquefaction Unit to Eni

(EXMAR, 5.Aug.2022) — EXMAR has signed an agreement with Eni for the sale of the TANGO FLNG. TANGO FLNG floating liquefaction plant, delivered in 2017, has a storage capacity of 16,100 m³ of LNG (liquefied natural gas) and a liquefaction capacity of up to 0.6 million tons per year. The […]

IDB Approves $1.14bn Credit Line to Argentina to Decarbonize Energy Sector

(IDB, 27.Jul.2022) — The Inter-American Development Bank (IDB) approved a $1.14bn conditional line of credit for investment projects to decarbonize Argentina’s energy sector. The IDB Group remains committed to supporting Argentina’s development agenda with projects that have a direct impact on development. As part of the credit line, the IDB […]

Argentina to Have Third Economy Minister in a Month: Clarin

(Bloomberg, 27.Jul.2022) — Argentina’s President Alberto Fernandez is poised to name lower house Speaker Sergio Massa as the country’s new economy minister, appointing a second person for the job in less than a month, according to local newspaper Clarin. He would replace Silvina Batakis, who took office on July 4 […]

NRGBriefs: Bristow Inks 1.6bn 10-year Deal

(Energy Analytics Institute, 21.Jul.2022) — Energy briefs including Bristow Helicopters Ltd (NYSE: VTOL) signing a £1.6bn 10-year contract for the Second-Generation Search and Rescue Aviation program; Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) terminating its option for the Libanesa Silver-Gold Project in Argentina; Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) […]

NRGBriefs: Fitch Upgrades Petrobras’ Credit Rating; Vista’s Earnings

(Energy Analytics Institute, 9.Jul.2022) — Energy briefs including Fitch upgrading Petrobras’ credit rating; and Vista Energy, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) planning to release its consolidated financial statements for the 2Q:22 on Tuesday 26 July 2022, after the market closes. LATIN AMERICA AND THE CARIBBEAN Argentina — Vista […]

Argentina economy minister Guzman resigns as divisions grow

BUENOS AIRES, ARGENTINA (Bloomberg, 2.Jul.2022, Words: 683) — Argentine Economy Minister Martin Guzman resigned Saturday, marking the biggest departure of President Alberto Fernandez’s government after infighting within the ruling coalition escalated. Guzman announced his decision in a seven-page letter published on Twitter. No replacement was immediately announced. The minister had come under […]

NRGBriefs: Argentina’s Econ. Minister Resigns; Colombia’s New Environmental Minister

(Energy Analytics Institute, 2.Jul.2022) — Energy and economic briefs including Argentina’s Economic Minister Martín Guzmán resigning from his position on 2 July 2022, according to a letter he posted on his Twitter account; Colombia’s president-elect Gustavo Petro appointing Susana Muhamad, an environmental activist, to head the country’s new Environmental Ministry; […]

Argentina Signs Deal with Tenaris to Move Gas from Vaca Muerta

(Reuters, 17.Jun.2022) — Argentine state company Energia Argentina signed a contract June 16 with pipeline producer Tenaris, a critical step toward completing a pipeline to transfer natural gas from Argentina’s giant Vaca Muerta shale formation. The government says the pipeline will allow Argentina to forgo costly imports of LNG and reverse a large energy deficit that has limited the country’s economic recovery. The […]

Orvana Reveals Taguas Project Phase I Infill & Growth Drilling Results

(Orvana, 6.Jun.2022) —Orvana Minerals Corp. (TSX: ORV) announced the recent completion of Phase I of its infill and resource-growth drilling campaign targeting the Oxides Horizon of its 100%-owned Taguas Project in San Juan Province, Argentina. A five-month final Phase II is expected to start in November 2022. Phase I consisted of 6,482.6 meters in […]

Global Energy Upheaval Offers Argentina’s ‘Dead Cow’ a New Lease of Life

(FT, 2.Jun.2022) — Can the EU’s ban this week on most Russian oil imports breathe new life into a dead cow in Patagonia? Argentina’s president Alberto Fernández thinks so. He is talking up the potential of the world’s second-largest shale gas deposit and its fourth-largest shale oil reserve to fill […]