(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 […]
Tag: Medanito
Argentina’s Shale Province Predicts Slow Recovery
(Argus, 25.Aug.2020) — Argentina’s Vaca Muerta shale patch will take 12-18 months to resume pre-Covid-19 activity because of lagging demand, according to Alejandro Monteiro, energy minister of Neuquen province. “We believe it will take a while for fuel demand to fully recover,” Monteiro said in an industry webinar yesterday. Many […]
Argentina Props Up Oil Price At Cost To Producers
(Argus, 19.May.2020) — A new decree in Argentina that establishes above-market prices for domestic crude obliges oil companies to maintain production, payrolls and investment and prevents them from repatriating profits. The decree sets a minimum price of $45/bl for domestic sales of light sweet Medanito crude. Export taxes for crude […]