ENERGY & GAS YPF in talks with energy transfer to fund Argentina pipeline 20-07-2024 18:12 Argentine crude driller YPF SA has held talks with US pipeline company Energy Transfer LP to finance a cross-country pipeline that could ramp up shale oil exports.
ENERGY & GAS Vista reaps more from crude sales as Argentina frees oil markets 12-07-2024 16:11 Shale driller Vista Energy charged export prices for more than 40% of crude that it sold to domestic refiners in the second quarter.
ENERGY & GAS Declining gas giant eyes new role piping Argentine gas to Brazil 20-06-2024 15:03 Bolivia is offering its pipelines to transport natural gas from Argentina’s Vaca Muerta field to Brazil.
OIL & GAS Oil driller Vista Energy to import new frack set in SLB deal 11-06-2024 11:44 Argentine oil driller Vista Energy signed an agreement with SLB to import a new fracking array during the second half of this year to help boost production in the Vaca Muerta shale region.
UTILITIES & SUBSIDIES Milei begins to slash energy subsidies for low-income sectors 06-06-2024 11:59 Low-income homes will see the energy cost of their utility bills double on average in June, while middle-class families could see prices rise 155%.
INTERVIEW Ex-Energy and Mining secretary Flavia Royón: 'RIGI is necessary’ 06-06-2024 00:50 Former Energy & Mining secretary in Alberto Fernández and Javier Milei governments says RIGI investment incentive scheme is “necessary to develop LNG, hydrogen and mining projects.”
OIL & GAS Oil driller Aconcagua eyes Argentina IPO as Milei lures capital 04-06-2024 15:07 President’s move to open up economy creates market opportunity; Gas company did first local listing since 2017 earlier in year.
ENERGY & GAS Natural gas crunch as worst winter since 1980 looms 29-05-2024 11:34 Government scrambles to secure supplies of fuel as lower-than-expected temperatures boosts demand for home heating.
OIL & GAS Oil driller’s 1,400% world-beating rally hinges on Milei reforms 23-05-2024 13:52 Vista Energy boss Miguel Galuccio knows shale. But his plans lie in the hands of President Javier Milei.
BUSINESS & INVESTMENT Energy mogul makes 100-year bet on Argentina’s mineral wealth 20-05-2024 13:45 Through his holding company Integra Capital, José Luis Manzano is going all in on mining and mineral wealth.
ENERGY & GAS YPF’s US$2.5-billion shale oil pipeline moves ahead after approval 10-05-2024 17:30 YPF SA is moving ahead with plans to build a US$2.5-billion cross-country pipeline that’s key to unlocking exports of crude from the vast Vaca Muerta shale patch.
BUSINESS & INVESTMENT Power supplier Central Puerto eyes stake in McEwen’s copper project 06-05-2024 14:57 Central Puerto SA, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc’s Los Azules project.
GUEST COLUMN Advancing US-Argentine energy and minerals cooperation 30-04-2024 16:13 Argentina's energy security and decarbonisation pathway will only be enhanced by deeper collaboration with the United States, write Jeremy M. Martin & Raúl Bertero.
BUSINESS & INVESTMENT Oil driller PAE pitches investors on global bond deal 22-04-2024 21:11 Pan American Energy, one of Argentina’s largest crude exporters, is meeting with investors this week to gauge demand for a global bond sale.
STATE ENERGY FIRM Burford seeks Argentina’s YPF stake to pay US$16-billion award 22-04-2024 20:29 Burford Capital asks US judge to grant it controlling 51% stake in YPF as part of its effort to collect on a US$16-billion court judegment.
ANALYSING ARGENTINA Who wants to ‘exploit’ Argentina? 30-03-2024 06:43 The business establishment, here and abroad, are keeping a close eye on whether Milei and his team can deliver on governance – and whether they can do it soon. by Marcelo J. Garcia
BLOOMBERG Oilfield billionaire Paolo Rocca has ‘lot of hope’ for Milei 21-03-2024 11:59 Paolo Rocca, billionaire chief of oil-pipe maker Tenaris SA, said expectations are high that President Javier Milei can turbo-charge development of the country’s shale deposits.
AGRICULTURE & ECONOMY US green fuel push threatens Argentina’s main export market 14-03-2024 15:56 Biden administration’s landmark decarbonisation plan has the potential to cause tectonic shifts in global agricultural markets – and deal a damaging blow to Argentina’s troubled economy.
GEOPOLITICS & DIPLOMACY Brazil urges 'new globalisation' at G20 meet overshadowed by Ukraine 29-02-2024 11:20 Brazil called for a "new globalisation" to address poverty and climate change as finance ministers from the world's top economies met Wednesday, but the Ukraine and Gaza wars risked overshadowing the plea.
YPF RULING Argentina’s US$18-billion Chinese FX line eyed for US YPF judgement 29-02-2024 00:15 Burford Capital, trying to collect on a US$16-billion US court judgement against Argentina, is exploring whether a currency swap line with China could be used to satisfy the debt.
POLITICS Milei’s bold decree teeters as Argentina's provinces resist 27-02-2024 19:21 Growing opposition to President Javier Milei’s sweeping decree in the Senate puts it at risk of being overturned as regular sessions get underway next week.
Environmental Policy Trump's green-bashing and Europe's right put climate goals at risk 27-02-2024 11:58 Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.
ENERGY & GAS Argentina shale driller Vista eyes Exxon assets in growth push 21-02-2024 15:58 Shale oil producer Vista Energy eyeing assets put up for sale by Exxon Mobil Corp as it looks to accelerate growth in Vaca Muerta formation.
Utilities on rise Electricity bills in Buenos Aires metro region to soar up to 150% 16-02-2024 11:06 Huge hikes announced by Energy Secretary Eduardo Rodríguez Chirillo; Monthly updating to kick in from April, but new rates will begin imminently.
Environment Polluted paradise: Chile town waits for clean-up as coal shuts off 12-02-2024 13:28 Coal-fired plants and factories bellow noxious fumes into the air in a small town, but Chile has embarked on a whirlwind energy transition
ENERGY & GAS YPF plans sweeping asset sale to focus on Argentina shale 07-02-2024 11:38 Argentina’s biggest oil company, state-run YPF SA, is planning a sweeping asset sale to sharpen its focus on shale production and boost its share price.
Bloomberg Enel mulls scrapping Argentina exit in big bet on Milei 05-02-2024 11:04 Enel SpA, Italy’s largest state-controlled utility is now likely to keep power distributor Edesur, shifting strategy in response to Javier Milei's promise to improve Argentina's business climate.
OIL & GAS President's plan to free oil market slows in Congress 28-01-2024 10:08 At issue is the government’s ability to stop drillers from exporting cargoes of crude if it’s concerned about shortages at domestic refineries.
OIL & GAS State energy firm YPF out of Milei’s privatisation crosshairs 19-01-2024 19:26 State-owned oil firm will not be privatised by Javier Milei’s government, after his party reached an agreement with opposed lawmakers to smooth overall passage of Omnibus bill.
ypf nationalisation case Blow for Argentina as court rules against nation in YPF nationalisation case 11-01-2024 17:12 US Judge Loretta Preska rejects the motion for extension by the government and confirms January 10 was deadline to provide guarantees; Plaintiffs can now seek seizure of assets for compliance.
ypf nationalisation case Argentina’s US$16.1-billion YPF judgement is now open to collection 11-01-2024 16:12 US judge rules against Argentina's bid to push back collection efforts for US$16.1-billion court judgement related to its 2012 takeover of oil company YPF SA.
STATE ENERGY FIRM YPF sells US$800-million bond to fund debt buyback 10-01-2024 21:26 State-owned oil driller YPF SA taps international investors with a new dollar bond to help finance a buyback of existing debt.
ENERGY & GAS Javier Milei seeks free oil markets by law in shale-rich Argentina 29-12-2023 21:23 Milei wants to unshackle crude exports and leave local fuel prices at the whim of market forces.
BLOOMBERG - ANALYSIS Perpetual bonds unlikely to be the answer in YPF case 28-12-2023 00:35 Javier Milei’s suggestion that Argentina could issue debt to comply with a US$16-billion lawsuit award related to the nationalisation of oil company YPF has met with scepticism from investors.
REFORM BLITZ President sets up Aerolíneas Argentinas and YPF for sell-off 21-12-2023 11:15 Milei announces slew of reforms that would allow tens of state-controlled firms, many of them money-losing, to be sold off. Among them, national airline Aerolíneas Argentinas SA and, after a "transition period," state energy firm YPF.
PRICE HIKES Fuel prices soar a further 37% after devaluation of peso 13-12-2023 17:46 Fuel prices will soar around 37% on average over the course of the week following Economy Minister Luis Caputo's devaluation of the peso.
COP28 CONFERENCE Nuclear power has role to play, says atomic energy head Rafael Grossi 02-12-2023 10:08 It would be a mistake to reject nuclear power because of problems at a handful of projects, says Rafael Grossi, head of the International Atomic Energy Agency.
New government Milei to appoint ex-Menem-era advisor as energy secretary 28-11-2023 15:56 Eduardo Rodríguez Chirillo set to be appointed energy secretary and given responsibility for unravelling and restructuring subsidies on public utilities.
US COURTS Argentina gets delay on payment of US$16.1 billion in YPF case 23-11-2023 13:06 Judge agrees to temporarily delay enforcement of a US$16.1 billion court judgment against Argentina over its 2012 expropriation of oil company YPF.
PRIVATISATION PLANS Oil driller YPF surges as victorious Milei touts privatisation 20-11-2023 17:46 YPF SA surges following election of Javier Milei, who says he plans to privatise the state-owned oil and gas producer and remove controls stymieing the sector.
YPF COURT CASE Argentina appeals US$16-billion payout order for YPF expropriation 11-10-2023 22:31 State appeals US$16-billion judgement in US lawsuit over firm’s controversial 2012 expropriation.
YPF RULING Government says US$16-billion US judgment is 20% of its budget 28-09-2023 21:12 Argentina said it wants to delay paying a US$16-billion court judgment over its 2012 expropriation of oil company YPF SA.
ENERGY & GAS Massa launches ‘Dólar Vaca Muerta,’ seeking US$1.2 billion 28-09-2023 09:09 Economy minister and ruling coalition presidential candidate looks to boost reserves and trim possibilities of exchange rate tensions in lead-up to general elections.
YPF COURT CASE Burford seeks to begin collecting US$16-billion Argentina judgment 25-09-2023 21:21 Litigation funder, which acquired claims of YPF ex-shareholders in 2015, seek permission from court begin collection efforts to satisfy a US$16-billion judgment over firm's expropriation, saying it is clear that Argentina had “no intention” of paying up.
BORDER DISPUTE Gas lorries detained by Argentina at Paraguayan border to be released 22-09-2023 15:46 Tankers carrying liquefied gas detained for five days by Argentine customs officers on border with Paraguay to be released after negotiations.
OIL & GAS Argentina investors see rally in YPF bonds running out of steam 21-09-2023 23:07 Investors saying it’s time to sell bonds from Argentina’s state-run oil driller YPF SA ahead of the presidential elections in October.
STATE ENERGY FIRM US judge orders Argentina to pay US$16.1 billion for YPF expropriation 16-09-2023 08:01 US federal judge Loretta Preska says government must pay nearly US$16.1 billion to two companies that were not compensated as minority shareholders for the 2012 nationalisation of the YPF oil giant; Argentina vows to appeal ruling.
YPF RULING Burford eyes 37,000% return in US$16-billion Argentina award 11-09-2023 21:29 Litigation funder paid US$16.6 million for YPF seizure claims; Argentina has vowed to appeal Friday award by US federal judge.
US COURT RULING Argentina ordered to pay US$16 billion in YPF lawsuit 08-09-2023 13:14 Argentina ordered to pay at least US$8.4 billion in damages and US$7.6 billion in interest in a US lawsuit over its 2012 re-nationalisation of state oil company YPF
ENERGY & GAS Bolivia says it's running out of natural gas, its top earner 31-08-2023 12:09 Bolivia is running out of gas reserves, its main source of economic income, the government of President Luis Arce acknowledged on Wednesday.