Tag: ARGENTINA

Argentina completes pipeline to deliver gas to the central-northern region, Brazil

Argentina inaugurated the reversal of the Gasoducto Norte pipeline, which will now supply northern and central Argentina as well as allow exports to Brazil from Vaca Muerta

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

Argentina authorizes export of surplus volumes of natural gas

The measure was adopted after identifying exportable balances, following the granting of preferential marketing rights to ensure domestic supply

Paraguay promotes plan for $1.5 billion gas pipeline with Argentina, Brazil

Paraguay is advancing in talks with energy companies and high-ranking government officials from Argentina and Brazil about a potential $1.5 billion gas pipeline to connect the three countries

ExxonMobil weighs offers for Argentina shale assets

U.S. energy giant ExxonMobil Corp, opens new tab is weighing offers for its oil and gas assets in Argentina’s Vaca Muerta shale region

CGC buys local unit of China’s Sinopec

Argentine energy firm Compañía General de Combustibles (CGC) said it had acquired the local operation of China’s Sinopec Group, helping it increase its production to over 50,000 barrels of oil equivalent per day

Gov’t sets local crude oil reference price at u$s45 per barrel

The national government set the local crude oil reference price at u$s45 per barrel, in a bid to protect the country’s hard-hit sector from the impact of the coronavirus pandemic and low global prices

‘Criollo’ barrel may return due to the crisis

The crisis unleashed by the Coronavirus pandemic and the collapse of the international oil prices reactivated the debate on a new implementation of the so-called “Criollo barrel”

Oil demand plummets up to 85%

The preventive and compulsory social isolation ordered by the national government had an immediate effect on fuel demand, and oil and petrol stations registered an initial drop in sales of up to 85% across the country