Tag: OIL PIPELINE

YPF to complete first stage of the pipeline from Vaca Muerta in 2025

The Argentine oil company YPF will complete the first stage of a pipeline that will connect the Vaca Muerta formation with Allen in Río Negro in the first quarter of 2025, with a capacity of 350,000 barrels of oil per day

Saudi Aramco in $12.4 bn oil pipeline deal with EIG-led group

Energy giant Saudi Aramco said it has struck a 12.4-billion-dollar deal to sell a minority stake in a newly formed oil pipeline business to a consortium led by US-based EIG Global Energy Partners

Israeli pipeline company signs deal to bring UAE oil to Europe

Israeli pipeline company EAPC said it had signed a preliminary deal to help transport oil from the United Arab Emirates to Europe via a pipeline that connects the Red Sea city of Eilat and the Mediterranean port of Ashkelon