Category: Companies

Vaca Muerta Sur: YPF and other oil companies approve its construction

The Argentine oil company YPF announced that its new partnership with three other oil companies has approved the construction of a pipeline for the export of unconventional oil extracted from Vaca Muerta Sur

Vista issues bond for $600 million

The second-largest operator of unconventional hydrocarbons in Argentina, has issued a 10-year bond for $600 million, the company announced

Repsol sells Colombian oil and gas assets

The sale includes Repsol’s 45% stake in onshore Block CPO-9 (Akacias) in the Llanos Norte play, which is operated by Colombia’s state-run Ecopetrol (55%), and Repsol’s nonoperated interest in the promising Cosecha Block

YPF, Shell on track to sign an agreement to keep the mega LNG project alive

Argentina’s Chief of Staff, Guillermo Francos, mentioned that YPF will sign the agreement with one of the world’s largest companies, valued at $140 billion. The contract will span 20 years

Chevron to sell assets worth $6.5 billion to Canadian Natural Resources

Chevron is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources for $6.5 billion, the oil giant said as it puts in motion its divestiture plan

YPF to lower fuel prices in October

The oil company said in a statement that it will lower its fuel prices starting on October 1, although a tax increase and the devaluation of the peso will limit the impact on retail prices

YPFB: Gas exports to Argentina end in September

Bolivia’s natural gas exports to Argentina will come to an end this month, following local media reports indicating that the neighboring country’s exports had been halted

TotalEnergies begins production at Fénix gas field

This offshore field, located 60 kilometers off the coast of Tierra del Fuego, has a production capacity of 10 million cubic meters per day, the equivalent of 70,000 barrels of oil per day

Petrobras’ new strategic plan to have greater focus on oil and gas, CFO says

Petrobras opens new tab new multi-year strategic plan will have greater focus on upstream operations than the previous one, Chief Financial Officer Fernando Melgarejo said

Tecpetrol to put new drilling rig into operation at Fortín de Piedra

Tecpetrol, the Argentine company that controls about 15% of the country’s shale gas production, will soon put a new drilling rig into operation at Fortín de Piedra, the company’s CEO, Ricardo Markous, told industry executives in Houston