(Reuters, 11.Feb.2024) — U.S. shale oil rivals Diamondback Energy and Endeavor Energy Resources are close to finalizing a roughly $25 billion cash-and-stock deal that would create an oil and gas...
(Quantum, 15.Dec.2023) — Rockcliff Energy II LLC, a portfolio company of Quantum Energy Partners, announced the entry into a definitive agreement with TG Natural Resources LLC (TGNR), in which TGNR...
(WoodMac, 17.May.2023) — Near-term gas market expansion continues to be driven by global demand for US LNG exports, which will largely be supplied through continued growth in Permian associated gas...
(INEOS, 21.Feb.2023) — INEOS Energy is entering US oil and gas production for the first time with the acquisition of a portion of Chesapeake Energy’s oil and gas assets in...
(Bloomberg, 15.Aug.2022) — Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising mission: to become one of the world’s top exporters of the...
(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...
(Bloomberg, 19.Jan.2021) — In the 99 years since it was founded to pump the oil fields of Patagonia, Argentine energy driller YPF SA has been whipsawed by countless booms and busts. If...
Ecopetrol’ CEO Felipe Bayón said unconventionals were a very important option for Colombia since they allowed the country to boost its oil and gas reserves-to-production ratios while generating benefits for many regions such as employment, and goods and services. But he added: “In terms energy security, unconventionals are very important but they’re not the only option.”
(Oilprice.com, 23.Jul.2020) — Sharply weaker oil prices, falling investment and dwindling oil production are weighing heavily on Colombia’s economic outlook. Last decade, the strife-torn Andean country bet its economic future...
(WoodMac, 28.Jun.2020) — Speaking after Chesapeake Energy filed for Chapter 11 bankruptcy protection today, Alex Beeker, principal analyst on Wood Mackenzie’s corporate upstream team, said: “It’s difficult to point to...
(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 the shale resources in the...
(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 12,700 feet, in the Vaca...
(Oilprice.com, Nick Cunningham, 19.Nov.2019) — Growth in the U.S. shale industry is dramatically slowing down, with cash-strapped drillers slashing spending and scrapping rigs. At the same time, the oil majors...
(Ecopetrol, 13.Nov.2019) — Ecopetrol S.A. completed the joint venture transaction announced on 31 July 2019. Through this deal, the company and Occidental Petroleum Corp agreed to form a strategic alliance...
(Petroleum Economist, Charles Waine, 2.Aug.2019) — Mexico's Comisión Federal de Electridad (CFE), the state-owned electricity utility, has started legal proceedings against seven natural gas pipelines. The move intensifies fears about...
(Ecopetrol, 31.Jul.2019) — Ecopetrol S.A. announces that on August 1st, Ecopetrol's senior management will host two conference calls to review the joint venture with Occidental Petroleum Corporation to develop Occidental's...
(Ecopetrol, 31.Jul.2019) — Ecopetrol S.A. announced formation of a joint venture with Occidental Petroleum Corporation to develop 97,000 net acres of Occidental's Midland Basin properties in the Permian Basin. The...
(Wintershall, 25.Jul.2019) — ConocoPhillips is a new partner in the Aguada Federal and Bandurria Norte blocks with Wintershall Dea. The two companies will advance the development of the significant Vaca...
(EIA, 12.Jul.2019) — Argentina’s domestic natural gas production has been rising steadily in the past three years, largely because of increasing production from the Neuquén Basin’s Vaca Muerta shale and...
(Reuters, 2.Jul.2019) — Argentine oil and natural gas output hit a record high in May thanks to increased production from the country’s sprawling Vaca Muerta shale formation, the government said...
(Platts, 11.Jun.2019) — On the vast, desolate plains of southern Patagonia, Compañía General de Negocios is stepping up drilling and exploration where few companies operate, an emerging trend of widening...
(Wood Mac, 12.Apr.2019) — Water disposal volumes in the Permian Basin are expected to double within the next two to three years, new analysis from Wood Mackenzie shows. As drilling...
(Indigo, 4.Apr.2019) — Indigo Natural Resources LLC, a privately-owned natural gas and natural gas liquids company with assets in the Haynesville Shale, the Bossier Shale and the Holly Vaughn formation...
(Baker Institute, 2.Apr.2019) — On April 7 Argentina will hold its second provincial election of the 2019 election season in the province of Río Negro. With less than a week...
(Bloomberg, Jonathan Gilbert, 1.Apr.2019) — Sand shoveled out of an Argentina river used to transport soybeans may soon reappear 1,100 kilometers (700 miles) away in the country’s booming shale fields....
(Bloomberg, Jonathan Gilbert, 1.Apr.2019) — In South America, sand shoveled out of a river in Argentina that is used to transport soybeans may soon reappear 700 mi (1,100 km) away...
(Houston Chronicle, Mike Howard, 28.Mar.2019) — The rise of the United States as the world’s largest producer and growing exporter of natural gas puts energy at the center of its...
(Energy Analytics Institute, Aaron Simonsky, 27.Mar.2019) — Heard on the street and LatAmNRG briefs from Argentina on Neuquen hydrocarbon output reaching record levels in February, MicroSoft and YPF signing a...
(Rabble.ca, Brent Patterson, 26.Mar.2019) — Colombia could be on the cusp of a dangerous fracking boom that would release carbon pollution into the atmosphere, endanger drinking water, and violate Indigenous...
(Oil & Gas Journal, Paula Dittrick, 25.Mar.2019) — Argentina plans to build natural gas pipelines and hopes to attract more oil and gas investment for the Vaca Muerta shale play...
(Energy Analytics Institute, Aaron Simonsky, 19.Mar.2019) — U.S. Energy Secretariat Rick Perry will soon travel to Argentina with a delegation of oil field service companies seeking business opportunities in the...
(IHS Markit, Carla Selman, 19.Mar.2019) — In a statement on 18 March, the International Monetary Fund (IMF) allowed Argentina to allocate additional funds to social programs in the framework of...
(Reuters, 19.Mar.2019) — Oil workers in the Argentine provinces of Rio Negro, La Pampa and Neuquen, home to the sprawling Vaca Muerta shale oil and gas formation, said they will...
(Oil & Gas Journal, Paula Dittrick, 14.Mar.2019) — Argentina plans to build natural gas pipelines and hopes to attract more oil and gas investment for the Vaca Muerta shale play...
(IEA, 12.Mar.2019) — Dr Fatih Birol, the IEA’s Executive Director, met with Argentina’s Secretary of Energy Gustavo Lopetegui today at CERA Week in Houston. Following discussions on the IEA’s outlook...
(Energy Analytics Institute, Piero Stewart, 12.Mar.2019) — ACP Colombia President Francisco Jose Lloreda Mera said the country continues to move forward with efforts to attract investors to help develop its...
(Energy Analytics Institute, Piero Stewart, 12.Mar.2019) — Colombia’s Ecopetrol plans investments of $500 million during 2019-2021 on unconventional pilots across the country with aim to boost natural gas reserves in...
(Energy Analytics Institute, Aaron Simonsky, 12.Mar.2019) — The breakeven cost for Argentina’s Vaca Muerta shale play is currently inside $40/bbl compared to close to $60/bbl a couple of years ago,...
(S&P Global Platts, 27.Feb.2019) — Pampa Energia and Tecpetrol, two of the largest energy companies in Argentina, plan to launch the first exploration for unconventional oil and natural gas in...
(Baker Institute, Mark P. Jones, 27.Feb.2019) — On March 10 the Argentine province of Neuquén will hold gubernatorial and legislative elections. Neuquén is home to the Vaca Muerta, one of...
(Spectrum, 20.Feb.2019) — Spectrum is commencing a new 20,000 km 2D survey in Colorado and Salado basin offshore Argentina. This new program ties with Spectrum’s existing 38,000 km survey that...
(Energy Analytics Institute, Piero Stewart, 14.Feb.2019) — Heard on the street and LatAmNRG briefs on expert report on fracking in Colombia, attacks along the Mansoyá Orito Pipeline in Putumayo, and...
(IEEFA, 8.Feb.2019) — The Argentine government’s plan to develop the massive Vaca Muerta oil and gas reserves in northern Patagonia has hit a major obstacle. The success of the plan...
(Energy Analytics Institute, Aaron Simonsk, 26.Jan.2019) — Natural gas production in Neuquén at year end 2018 reached its highest market in a decade, topping out at 70 million cubic meters...
(ERES, 16.Jan.2019) — Energy Real Estate Solutions (ERES) opened its first international office in Neuquén, Argentina. The announcement marks a move by the company to provide boots-on-the-ground support to meet...
(S&P Global Platts, 28.Dec.2018) — Argentina has set a target of doubling its oil and natural gas production over the next five years but analysts and executives warned that it...
(EXMAR, 27.Dec.2018) — EXMAR announced its Floating LNG Liquefaction Unit (FLNG), to be renamed Tango FLNG, has left China to the destination of its liquefaction operations: Bahia Blanca, Argentina. Tango...
(S&P Global Platts, 27.Dec.2018) — Shell plans to start a full-scale development project in Vaca Muerta next year, betting on the shale play to ramp up oil and natural gas...
(The Chemical Engineer, Amanda Doyle, 6.Dec.2018) — Argentina’s state-owned energy company YPF has entered into a US$2.3bn joint venture with Malaysia’s Petronas to develop the Vaca Muerta oil and gas...
(Bloomberg, Serene Cheong and Dan Murtaugh, (30.Nov.2018) — There’s a rising star in the oil world, and it’s heavy and sweet. Dense, low-sulfur oil, known in industry parlance as heavy...
(Energy Analytics Institute, Aaron Simonsky, 28.Nov. 2018) — Argentina reported total petroleum production of 498 thousand barrels per day (Mb/d) in October 2018, up 1.8% year-over-year compared to 489 Mb/d...
(Energy Analytics Institute, Aaron Simonsky, 21.Nov. 2018) — Tecpetrol announced production at its Fortín de Piedra unconventional shale gas project increased 36% to 15 million cubic meters per day in...
(Energy Analytics Institute, Piero Stewart and Pietro D. Pitts, 20.Nov.2018) — Argentina’s Vaca Muerta unconventional shale gas formation in Neuquén is at the center of an energy revolution taking place...
(S&P Global Platts, 15.Nov.2018) — Pan American Energy, the second-biggest oil producer and third for gas in Argentina, is working with BP on potentially exporting LNG out of Chile, a...
(Energy Analytics Institute, Aaron Simonsky, 13.Nov.2018) — Argentina’s Energy Secretary Javier Iguacel participated in the annual Independent Petroleum Association of America (IPPA) meeting held in New Orleans, Louisiana. “We have...
(Energy Analytics Institute, Aaron Simonsky, 12.Nov.2018) — Officials from Argentina initiated a road show today in the U.S. aimed at attracting investments in the Vaca Muerta formation in Neuquen. Argentina’s...
(Energy Analytics Institute, Aaron Simonsky, 8.Nov.2018) — Argentine hydrocarbon investments are projected to increase in 2019 compared to 2018, announced the country’s Energy Secretary Javier Iguacel. “This year they invested...
(Reuters, 7.Nov.2018) — The development of non-conventional oil deposits using fracking could generate $500 million per project per year in taxes, royalties, dividends for shareholders and salaries in Colombia, the...
(Energy Analytics Institute, Jared Yamin, 4.Nov.2018) — YPF expects to make investments of $5 billion per year during the 2019-2023 period as part of its initiative to be a leader...
(Energy Analytics Institute, Piero Stewart, 30.Oct.2018) — Colombia’s state oil company Ecopetrol has requested an environmental license over an area where it plans to begin a pilot project to explore...
(Reuters, Dave Sherwood, 30.Oct.2018) — Argentina has begun exporting natural gas to Chile after a 12 year interlude, Chilean President Sebastian Pinera said on Tuesday, as the two South American...
(Reuters, Luis Jaime Acosta, 29.Oct.2018) — Colombia’s state oil company Ecopetrol has requested an environmental license to launch a pilot plan to explore for crude oil from unconventional deposits using...
(Energy Analytics Institute, Ian Silverman, 29.Oct.2018) — Weatherford International plc reported Western Hemisphere 3Q:18 revenues of $762 million were down $7 million, or 1%, sequentially, and down $5 million, or...
(Reuters, Eliana Raszewski, Hugh Bronstein, 26.Oct.2018) — Argentina’s state-controlled oil company, YPF, will significantly boost oil and gas production, investing between $4 billion and $5 billion per year through 2022,...
(Energy Analytics Institute, Ian Silverman, 20.Oct.2018) — Añelo’s population is expected to reach 25,000 by 2023 compared to nearly 8,000 today and just 2,000 in 2011, reported the media outlet...
(Energy Analytics Institute, Jared Yamin, 20.Oct.2018) — Argentina will likely reduce its demand for Bolivian natural gas imports to a minimum, says an oil analyst. Argentina, which continues to boost...
(Bloomberg, Jonathan Gilbert, 17.Oct.2018) — Argentina plans to close a facility for importing liquefied natural gas (LNG), according to people with direct knowledge of the matter, after booming production from...
(Energy Analytics Institute, Ian Silverman, 16.Oct.2018) — Prohibiting fracking in a generalized manner, as announced by Mexico’s president-elect Andrés Manuel López Obrador (AMLO), would be an error that would benefit...
(YPF, 1.Oct.2018) — Argentina’s unconventional oil & gas resources are among the world’s largest. YPF is working and investing to increase production with the aim of meeting the challenge of...
(Energy Analytics Institute, Jared Yamin, 27.Sep.2018) — Crude oil and natural gas production from the Neuquen Basin rose sequentially in August 2018. Oil production reached 120,551 barrels per day (b/d)...
(Ft.com, Charles Newberry, 23.Sep.2019) — Fresh discovery indicates life beyond Vaca Muerta. A few years ago, when the giant shale play of Vaca Muerta was starting to lure oil majors...
(Efe, 6.Sep.2018) — The government of Argentina announced Thursday that it will launch a third round of tenders for bids on renewable energy projects in October. The announcement was made...
(Deloitte, 31.Aug.2018) — In the wake of a decade-long slump in Argentina’s oil and gas industry, the country is now well positioned to resurrect international investment and exploit its world-class...
(ShaleWolf Capital, 9.Aug.2018) – On June 22nd, 2018 President Donald Trump asked OPEC to increase its daily oil output by 1 million barrels. Industry experts would agree that OPEC is...
[caption id="attachment_2762" align="alignnone" width="1484"] Oil pumpjacks are seen in Venezuela in May. (Isaac Urrutia/Reuters)[/caption] (Washington Post, Megan McArdle, 27.Jul.2018) – According to the International Monetary Fund, by the end of...