(Energy Analytics Institute, 29.Oct.2024) — Vaca Muerta shale formation producers Tecpetrol and Pampa EnergĂa are reportedly moving forward with plans to utilize the BahĂa Blanca port area recently abandoned by state-owned YPF SA and its Malaysian counterpart Petronas in favor of another port at RĂo Negro. Tecpetrol, Argentina’s main shale […]
Tag: Tecpetrol
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 […]
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 […]
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 […]
![ENARGAS Releases September 2022 Gas Panorama [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/02/arg-sep-2022-gas-panorama-source-enargas.png)
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.
Ecopetrol, Frontera, Hocol, Tecpetrol and Cepsa on Blockades In Meta, Colombia
(Frontera, 6.Feb.2023) — Frontera Energy Corporation (TSX: FEC), Ecopetrol, Hocol, Tecpetrol and Cepsa, hydrocarbon companies that operate in Puerto Gaitán (Meta Department), express their deep concern about the serious social and economic consequences resulting from the blockade of the road that leads from Puerto Gaitán to the Rubiales village, which […]
Six Companies Selected to Export Argentine Gas to Chile
(Energy Analytics Institute, 28.Dec.2021) — Argentina’s Energy Secretariat authorized six companies — YPF, Total, PAE, Vista, Pampa and Tecpetrol — to carryout gas exports from the NeuquĂ©n basin to Chile between January to April 2022. “More exports means more production, more work, more activity and more foreign exchange income,” Argentina’s […]
Pemex Halts Drilling At Valeriana
(By Platts, Sheky Espejo, 12.Aug.2021) — Mexico’s state oil company Pemex has stopped drilling Valeriana 1, a high-temperature high-pressure appraisal well located in the state of Tabasco, after new interpretation of seismic studies led to a drastic modification in the design of the wells, the National Hydrocarbons Commission said Aug. […]
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 Now Producing At Record Levels
(Rystad, 3.Feb.2021) — The oil production decline that the Covid-19 pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory. The reserve’s oil output has not only rebounded to pre-pandemic levels but also reached a record high of 124,000 barrels per day (bpd) in December 2020, a […]
Argentina Draws 16 Bids For Subsidized Gas Supply
(Argus, 3.Dec.2020) — Argentina received bids from 16 companies in a path-breaking auction to supply more than 70mn m3/d of natural gas at subsidized wellhead prices for power generation in 2021-24. The bids ranged from $2.40/mn Btu to $3.66/mn Btu, coming in below the maximum price of $3.70/mn Btu. Bids […]
Politics Drives Shale Fluctuations In Argentina
(Argus, 8.Jan.2020) — Argentina’s shale fracturing hit a record in 2019 despite a deceleration sparked by political and economic uncertainty at the end of the year. A total of 6,425 hydraulic fractures were carried out last year in the Vaca Muerta formation, a 33pc increase from 4,825 in 2018, according […]
Producers Delay Boosting Vaca Muerta Output
(S&P Global Platts, 20.Nov.2019) — Three leading oil companies in Argentina, buoyed by the quality of the shale resources, are ready to ramp up oil and natural gas production in Vaca Muerta, but they are holding back until the economic and energy policies of the incoming government are more clear, […]
Techint To Build Headquarters In Neuquén
(Energy Analytics Institute, Aaron Simonsky, 27.Jun.2019) — Techint Group’s Argentine affiliate Tecpetrol plans to inaugurate a new office in NeuquĂ©n by April 2020. “We hope to inaugurate the building next year, and probably sometime during the first four months of the year,” reported online media RĂo Negro, citing Tecpetrol CEO […]
Argentine Shale Spurs Search For Oil, Gas Giant
(Platts, 11.Jun.2019) — On the vast, desolate plains of southern Patagonia, CompañĂa General de Negocios is stepping up drilling and exploration where few companies operate, an emerging trend of widening the search for oil and natural gas in Argentina. “The resource is very large,” Hugo Eurnekian, president of the Argentinian […]
Tecpetrol Argentina Work Halted Until Security Issues Resolved
(Energy Analytics Institute, Aaron Simonsky, 13.May.2019) — The block where Tecpetrol conducts activities in Argentina can’t initiate operations until necessary security measures are completed and approved by Argentina’s Labor Sub-Secretary, online media RĂo Negro reported 13 May 2019, citing oil and gas union official Guillermo Pereyra. They are halting all […]
LatAmNRG Argentina Briefs: Gutiérrez Shell Chat, Tecpetrol Accident
(Energy Analytics Institute, Aaron Simonsky, 8.May.2019) — Heard on the street and LatAmNRG briefs related to eight oil and gas sector deaths in the Neuquina Basin in 15 months, NeuquĂ©n Governor GutiĂ©rrez to meet with Royal Dutch Shell’s Ben Van Beurden, and Tecpetrol Argentina still investigating fatal FortĂn de Piedra […]
Tecpetrol Reports Death Of Two Contractors At FortĂn De Piedra Project
(Energy Analytics Institute, Aaron Simonsky, 6.May.2019) — Tecpetrol announced that an accident on 5 May 2019 at the CPF plant of its FortĂn de Piedra natural gas project in Argentina resulted in the death of two contractors. Workers involved in the fatality included: Cristian Nicolás Baeza, 34 years old and […]
Tecpetrol Says Resolution 46 Covers Entire Fortin de Piedra Gas Project
(Energy Analytics Institute, Aaron Simonsky, 1.Apr.2019) — Tecpetrol, the oil and gas affiliate of Techint, considers that a resolution emitted by Argentina’s Finance Ministry rejects the appeal presented for incorrect liquidation of benefits offered by the country’s gas subsidy, officially Resolution 46/17, the company announced in a post on its […]
Government’s Adjustment Plan For Vaca Muerta Puts Conflict On The Horizon
(Buenos Aires Times, Jairo Straccia, 2.Feb.2019) — Despite all the smiling photos taken in the past showing President Mauricio Macri and Techint CEO Paolo Rocca together (even at the height of the now infamous “cuadernos” notebooks corruption scandal), and despite the holding group’s Tecpetrol oil division being the biggest investor […]
Tecpetrol Reports Rise In FortĂn de Piedra Shale Production
(Energy Analytics Institute, Aaron Simonsky, 21.Nov. 2018) — Tecpetrol announced production at its FortĂn de Piedra unconventional shale gas project increased 36% to 15 million cubic meters per day in November of 2018 compared to 11 million cubic meters per day in August 2018, the company revealed in a Twitter […]
Macri’s Reverse Unnerves Shale Investors
(Financial Times, Benedict Mander, 25.Jun.2018) – The collapse of the Argentine peso and the government’s struggle to tackle soaring inflation are causing disquiet among companies developing Vaca Muerta, one of the world’s largest deposits of shale oil and gas. In his drive to liberalise Argentina’s energy markets, President Mauricio Macri […]
Rick Perry Wants Argentina be More Like Texas
(Bloomberg, 17.Jun.2018) – The U.S. government is getting in on a shale boom 5,000 mi (8,000 km) from home. Energy Secretary Rick Perry will help Argentina connect with U.S. companies that have shale oil and gas expertise as President Mauricio Macri — facing a natural gas trade deficit — hurries […]
Gazprom Reiterates Interest in Bolivia
(Energy Analytics Institute, Jared Yamin, 16.Jun.2018) – Russian oil giant Gazprom remains attracted to the hydrocarbon opportunity set in Bolivia in South America. A working meeting between Gazprom Management Committee Chairman Alexey Miller and Bolivia’s President Evo Morales was held at Gazprom’s office in Moscow where various agreements were signed […]
Bolivia, Russia Consolidate Energy Partnership
(Efe, 13.Jun.2018) – Bolivia’s President Evo Morales met with his Russian counterpart, Vladimir Putin, as part of a two-day visit to Moscow aimed at consolidating the countries’ bilateral energy partnership. While receiving Morales at the Kremlin, Putin expressed Moscow’s willingness to expand its cooperation with the South American country in […]
Tecpetrol Opens Gas Treatment Plant in Vaca Muerta
(ARPEL, February 6, 2018) — Tecpetrol, an oil company of the Techint Group and member of ARPEL, opened a gas treatment plant located in the vicinity of Añelo, NeuquĂ©n, with Governor of the Province of NeuquĂ©n Omar GutiĂ©rrez and Minister of Energy and Mines of Argentina Juan J. Aranguren. This […]
Tecpetrol to Invest $2.3 Bln in Vaca Muerta
(Reuters, Eliana Raszewski, 23.Mar.2017) — Argentina’s Tecpetrol, part of the Techint Group, said on Thursday it would invest $2.3 billion in the Vaca Muerta shale fields through 2019, the largest announcement in the formation in years. Tecpetrol said in a statement the investment was made possibly due to measures from […]