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(Reuters) - Argentina on Monday urged London's High Court to pause enforcement of a $16 billion-plus United States court judgment over the expropriation of oil and gas company YPF, pending an appeal by the Argentinian government in the U.S. The South American republic was ordered in 2023 to pay minority shareholders around $16 billion resulting from its... Continue Reading →
(Reuters) - Soaring oil and gas production from Argentina's Vaca Muerta shale formation in the first quarter of 2025 is fueling the nation's push for energy self-sufficiency and ambitious plans to become an important liquefied natural gas exporter, Rystad Energy analysts said on Tuesday. Vaca Muerta, a vast unconventional oil reserve, is pivotal for Argentina... Continue Reading →
Eni and Argentina's energy company YPF have signed an agreement for the Argentina LNG (ARGLNG) project. The agreement defines the required steps to reach the final investment decision for the phase of the project that includes the production, treatment, transportation and liquefaction installations of gas through floating units, for a total capacity of 12 million... Continue Reading →
China began implementing a trial policy that unilaterally grants visa-free entry to citizens of Brazil, Argentina, Chile, Peru and Uruguay. It is the first time that China has extended such access to nations in Latin America and the Caribbean. Under the policy, which will remain in effect through May 31, 2026, holders of ordinary passports... Continue Reading →
(PN) Petrobras' Director of Exploration and Production, Sylvia dos Anjos, detailed the company's next steps in Brazil and abroad during a press conference. One of the company's focuses continues to be the Aram area, in the pre-salt layer of the Santos Basin, where two new drillings are planned, following the second discovery of oil in... Continue Reading →
(OE) Pan American Energy and its partners Pampa Energia, Harbour Energy, YPF, and Golar LNG have taken the final investment decision (FID) for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina. The Southern Energy FLNG project which envisages deploying two of Golar LNG's FLNG vessels - the Hilli Episeyo and MK... Continue Reading →
(Reuters) - Italian energy group Eni said on Monday it signed a memorandum of understanding (MoU) with Argentine state-run oil producer YPF on its possible participation in an liquefied natural gas (LNG) project in Argentina. The Argentina LNG project aims to develop the onshore "Vaca Muerta" gas field and supply international markets by exporting up to... Continue Reading →
(Reuters) - Argentina sealed a $20 billion, 48-month Extended Fund Facility deal with the International Monetary Fund on Friday and, in a major policy move ahead of the deal, dismantled key parts of its years-long currency controls and loosened its grip on the peso. The IMF will disburse $12 billion by next Tuesday, while another... Continue Reading →
(Reuters) - Argentine state-run oil producer YPF could see its core earnings this year slide on lower crude prices, a presentation to investors showed on Friday. The firm currently estimates its earnings before interest, taxes, depreciation and amortization (EBITDA) in 2025 will range between $5.2 billion and $5.5 billion, assuming Brent crude prices at $72.5 a barrel.... Continue Reading →
(oilprice.com) Despite the recent slump in international oil prices, YPF CEO Horacio Marín remains confident in the resilience of Argentina’s energy sector—particularly the viability of Vaca Muerta. Speaking to Infobae en Vivo, Marín stressed that YPF can sustain profitable operations even if crude prices drop to $40 or $45 per barrel. “We made ourselves resilient at... Continue Reading →
Brazil Energy Insight 