Monday, December 23, 2024

Neuquen News

Argentina's Pampa Energia joins LNG export project

Pampa Energia, a subsidiary of Argentina's Pampa Energia, announced on Friday that it had joined Pan American Energy (PAE) and Golar in a joint project to export liquefied gas from the South American country. Pampa…

Report: Senior aide of Argentina's Milei claims Shell is eyeing LNG investment

According to the newspaper La Nacion, the cabinet chief of Argentine president Javier Milei cited Shell as a possible investor in a future liquefied gas (LNG), project that will be managed by YPF, Argentina's state-owned oil company.

Report: Senior aide of Argentina's Milei claims Shell is eyeing LNG investment

According to the newspaper La Nacion, the cabinet chief of Argentine president Javier Milei cited Shell as a possible investor in a future liquefied gas (LNG), project that will be managed by YPF, Argentina's state-owned oil company.

Argentina's Pampa Energia will pump $1.5 bln into a key shale-oil project by 2027

Pampa Energia, a natural gas producer in Argentina, announced on Thursday that it plans to invest $1.5billion between 2025-2027 in order to increase production in a major oil field in the massive Vaca Muerta shale deposit.

Drill, baby, drill in Argentina's Vaca Muerta shale lands!

Argentina's new, market-friendly government, and concerns about oil supplies from the Middle East, and elsewhere, are driving a boom in drilling and production in the Patagonian South, which is home to the giant Vaca Muerta shale, Spanish for "Dead Cow".

Official: Argentina's energy subsidy cuts as government tackles fiscal deficit

Energy Secretary Eduardo Rodriguez Chirillo announced on Thursday that Argentina had reduced its energy subsides by $2.7 billion in the first seven month of the year, as part the government's aim to reduce its fiscal deficit.

Pampa Energia, Argentina raises over $400 mln for Vaca Muerta campaign

Pampa Energia, a natural gas producer in Argentina, announced a $410 million debt issuance on Friday. This demonstrates investor confidence as the company expands its operations in the Vaca Muerta shale in the country.

Equinor,YPF Pact on Argentina Wind Power

Norwegian multinational energy company Equinor ASA and Argentine power producer YPF Luz have joined for the development of the Cañadón León wind farm in Santa Cruz in Argentina.As per agreement, a subsidiary of Equinor will subscribe to shares in Luz del León.

McDermott Wins Pre-FEED Gig by YPF

American multinational engineering company McDermott International announced it has been awarded a contract by Argentina-based YPF to provide pre-front-end engineering design (Pre-FEED) services for a five million tons per annum (MTPA) LNG Liquefaction Facility…

$800mln Gas Pipeline Proposed as Argentina Preps for Shale Boom

Gas transporter TGS, controlled by Pampa Energía, has proposed an $800 million pipeline and gas treatment plant in Argentina's Vaca Muerta shale fields, a company source said, aiming to address a key barrier to increasing production.

Statoil to Explore for Shale Oil, Gas in Argentina

Norway's Statoil has signed a deal with Argentina's leading energy company YPF to jointly explore for onshore shale oil and gas resources in the Vaca Muerta formation, the company said on Friday. Statoil and YPF will…

Tariff Fight Roils Argentina’s Shale Patch

Argentina needs oil rigs to develop its vast shale oil and gas resources. The United States has plenty of idle equipment laying around after its own unconventional drilling boom cooled. But moving that machinery from…

YPF Says Technology Lowering Its Shale Costs

Longer horizontal wells and technology improvements will help Argentine state-run oil company YPF SA lower costs at its most productive shale field, but better infrastructure is still needed in the remote Vaca Muerta play, an executive said.

Argentina Clinches Labor/subsidy Deal to Attract Energy Investment

Argentina has clinched a deal with labor unions and energy companies aimed at luring investors to the Vaca Muerta shale formation in Patagonia, one of the largest unconventional reserves in the world, the government said on Tuesday.

Argentina: Local Production Subsidies to Continue

Argentina will maintain subsidies to the country's oil producers next year, energy Minister Juan Jose Aranguren told reporters on Tuesday, ending speculation that the ministry was set to remove subsidies paid for by consumers at the gas pump.

Argentine O&G Workers to Strike Over YPF Layoffs

Some 23,000 Argentine oil and gas workers will go on a 48-hour strike beginning on Monday to protest state-owned oil company YPF SA's decision to lay off at least 1,600 workers, a union leader said on Friday. The…

Oil, Gas Workers in 4 Argentine Provinces Continue Wage Strike

Oil and natural gas workers in four Argentine provinces continued a wage strike on Tuesday, threatening more work stoppages ahead if negotiations with the government did not yield a deal on salaries and job security.

Exxon May Invest $10 Bln in Vaca Muerta Shale Region

Exxon Mobil Corp could invest more than $10 billion in shale projects over 20 to 30 years in Argentina's Vaca Muerta region, the government said on Friday. The project, currently a pilot program being developed with…

Sale of Petrobras Argentina

Petrobras has completed negotiations with Pampa Energía on the main terms and conditions of the sale of its stake in Petrobras Argentina (PESA), owned by Petrobras Participaciones S.L. ("PPSL"). Pampa Energía, a public traded company…

YPF Says Starts Normalizing Shale Oil Production

Argentina's state-run energy firm YPF said it started normalizing oil and natural gas production in part of energy-producing province Neuquen on Friday after output was paralyzed earlier in the week by indigenous people protesting land rights.