News of energy

PAE confirms shale gas reserves in Chubut Province

15-04-2025 16:51 Pan American Energy to invest US$250 million in project to exploit shale gas findings in Cerro Dragon field, says Chubut Governor Ignacio Torres.

Putin agrees to halt Ukraine energy attacks but no ceasefire

18-03-2025 17:07 Vladimir Putin agrees to pause attacks on Ukraine's energy infrastructure, but the Russian president still demands a "complete cessation" of Western military and intelligence support to Ukraine as part of a ceasefire agreement.

Shale spurs Argentina’s largest energy trade surplus since 2006

23-01-2025 16:34 Argentina scored its widest annual energy trade surplus in nearly two decades in 2024 thanks to booming oil and gas production.

Milei vows to promote nuclear energy in Argentina

21-12-2024 11:37 President vows to install nuclear reactors to power artificial intelligence servers across Argentina.

Burford open to Argentine bonds for US$16-billion judgement

08-11-2024 19:36 Burford Capital, which won a US$16-billion judgement against Argentina over its nationalisation of energy firm YPF SA more than a decade ago are open to receiving payment in bonds instead of cash.

BP venture eyes investment to make green jet fuel in Argentina

06-11-2024 11:40 The Pan American Energy Group is mulling an investment to make clean jet fuel at its refinery outside Buenos Aires.

Bolivia natural gas shortage sends economy teetering

09-10-2024 13:57 Bolivia's once powerful natural gas industry is now on the verge of collapse as a result of a lack of investment and maintenance. The fall of the state-supported industry has sent shockwaves through Bolivia's economy.

Argentina mulls tender for power lines after years of neglect

02-10-2024 16:45 Argentina is rushing to put together a “market solution” for its national network of high-voltage power lines, a severely neglected part of the grid.

YPF eyes sale of lithium unit as focus narrows on shale ramp-up

31-08-2024 17:12 State-run oil company YPF SA is considering a sale of its lithium unit as part of a sweeping divestment strategy to streamline investments into Vaca Muerta shale patch.

Paraguay's abundant hydropower draws crypto miners, legal and not

30-08-2024 11:02 In the Paraguayan city of Hernandarias, a data centre with rows upon rows of supercomputers stands as a testament to a burgeoning crypto-mining sector attracted by the country's abundance of cheap, green electricity.

Milei in Neuquén to tour Vaca Muerta, meet businessmen

08-08-2024 19:09 President Javier Milei visits Neuquén, heart of energy production, and crosses over to Chile for the first time as head of state – but without holding a bilateral meeting with Gabriel Boric.

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.

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%.

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.”

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.

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.

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.

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. García

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.

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.