Tag: YPF

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

PAE requests to align LNG Project with new investment regime

The oil company Pan American Energy (PAE) has requested that its multi-million-dollar project to export liquefied natural gas (LNG), developed in partnership with the multinational Golar LNG, be included in the recently launched Incentive Regime for Large Investments (RIGI)

YPF sees output boost in 2025, focus on Vaca Muerta

Argentina’s state oil firm YPF, opens new tab expects to increase shale oil production by 30% to 40% next year, the company’s CEO Horacio Marin said