Tag: YPF

YPF: Vaca Muerta can still be developed even with lower oil prices

“At YPF, we’re on the path to becoming an unconventional company, which allows us to be resilient in the face of low crude prices,” said YPF CEO Horacio Marín

YPF expands with four new areas in Vaca Muerta

The Argentine state-controlled oil company has acquired four new oil and gas concessions in the massive Vaca Muerta shale formation and plans to invest $12.9 billion for large-scale development

Chevron and Shell join key Argentine pipeline project

U.S. oil giant Chevron and Anglo-Dutch company Shell will join as partners in the consortium building the Vaca Muerta Sur pipeline, a project that will boost Argentina’s crude oil exports

YPF: EBITDA grows 15% in 2024 to USD 4.654 billion

The Argentine state oil company YPF said it closed 2024 with solid results. Adjusted EBITDA (earnings before taxes) grew by 15%, totaling $4.654 billionc

Vaca Muerta achieves record activity in 2024

The number of fracturing stages totaled 17,796 throughout 2024 in Vaca Muerta. This figure surpasses the previous record set in 2023 by 20.6%, which saw 14,747 fracturing stages

YPF announces launch of an offer to purchase outstanding bonds

According to a statement sent to the Comisión Nacional de Valores (CNV), the outstanding bonds to be purchased have a principal value of $756.966 million

Argentina consolidates surplus in its energy trade balance

Argentina consolidated a surplus in its energy trade balance last November, driven by a significant increase in hydrocarbon exports and a drop in fuel imports, according to official sources

YPF, Shell sign agreement for LNG project

The agreement, signed in The Hague, Netherlands, establishes that Shell will join the project, with both parties committing to advance the development of the first phase of the Argentina LNG project

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

Gov’t aims to tender key Vaca Muerta pipeline expansion “ASAP”

The Argentine government is seeking to tender the expansion of the ‘Perito Francisco Pascasio Moreno’ gas pipeline “as soon as possible” to transport an additional 14 million cubic meters of natural gas per day from Vaca Muerta to Buenos Aires Province