The largest private project in recent years is ready to change the country's export matrix
The VMOS pipeline, the largest private infrastructure project in Argentina in recent years, has successfully completed its installation under the RΓo Negro riverbed and is set to begin operations next month, with initial oil exports expected by early next year.
Vaca Muerta Adds Another Investment to Industrialize Gas
Mega Company has proposed a $360 million project to enhance gas and oil liquid production capability in Vaca Muerta, as part of a broader investment plan.
Vaca Muerta, treasure and beacon for Argentina: the book by Jorge Sapag with a preface by Bulgheroni
Jorge Augusto Sapag's new book explores the development and significance of Argentina's Vaca Muerta formation amidst various challenges.
Vaca Muerta accelerates: Mega invests US$360 million and aims to export more liquid gas
Mega S.A. announces a US$360 million investment in Vaca Muerta to enhance production capacity and support liquid development in the NeuquΓ©n basin.
Despite the 'delayed' dollar, Vaca Muerta maintains its investments and celebrates the rise in oil prices
Vaca Muerta continues to thrive despite a drop in the dollar's value, with major players committed to ongoing investments amid optimistic projections ignited by the Middle Eastern conflict.
Closures, bankruptcies, and falling profitability: the number of companies decreased by more than 22,000 in two years
In Argentina, over 22,000 companies have shut down in the last two years due to rising costs, reduced consumer spending, and increased competition from imports.
The dollar returned to 2017 levels, but inflation does not relent and activity does not take off
The Argentine peso has appreciated to levels similar to those in 2017 amidst rising global oil prices, but inflation remains persistently high and economic activity is sluggish.
The prophecy of one of the most important oil executives about the future of Argentina
Miguel Galuccio, president of Vista Energy, predicts that Argentina will become one of the top 20 oil-producing countries globally, largely due to the potential of the Vaca Muerta formation.
In the midst of a suffocating situation due to the war, India purchases emergency gas from Argentina
India is facing an energy crisis and has turned to Argentina for emergency liquefied petroleum gas (LPG) supplies.
All the details of the Argentine meeting in New York: dialogues, Argentine businessmen aligned with the government, and doubts about political risk
An Argentine energy sector delegation in New York presented significant investment plans, particularly focusing on the Vaca Muerta shale formation, amid political uncertainties.
"This Time Itβs Different": For the Main Oil Producers in the Country, Argentina Can Be a Key Global Player
The prominent oil executives of Argentina assert that the country holds significant potential to emerge as a key global player in the energy sector, particularly due to its resources like Vaca Muerta.
Vaca Muerta: Mindlin and Sielecki aim for the largest investment to industrialize gas, worth US$ 3 billion
Transportadora de Gas del Sur is set to invest US$ 3 billion to process gas from Vaca Muerta, aiming to separate valuable by-products and enhance local supply security.
TGS will invest US$3000 million to export liquids from Vaca Muerta
TGS is set to invest $3 billion to develop a gas liquid fractionation plant in BahΓa Blanca and a pipeline from NeuquΓ©n, creating thousands of jobs and boosting exports.
After the controversy over Indian pipes: in April it will be known who will build the key pipeline to export gas from Vaca Muerta
A consortium is set to announce the construction contractor for a key pipeline from Vaca Muerta in April 2024 after purchasing necessary materials from an Indian company.
Oil Prices Surge and Fuels Have a 15% Delay in Argentina
Oil prices have surged in Argentina, causing a 15% delay in fuel prices, which threatens to exacerbate inflation.
Governors activate parallel agendas to seek to boost production in their provinces
Argentinian governors are initiating parallel agendas to enhance local production through various agreements and initiatives.
"Our commitment to Argentina is full": Techint's message from Vaca Muerta after Milei's criticism
Techint publicly reaffirmed its commitment to Argentina amidst mounting criticism from President Javier Milei during a visit to its oil project in Vaca Muerta.
Argentina signed its first contract to export gas to Europe amid the war with Iran
Argentina has signed its first contract to export liquefied natural gas (LNG) to Europe, marking a significant milestone in its energy export strategy.
Miguel Galuccio's oil company analyzes RIGI for Vaca Muerta and reduces its costs
Vista Energy is considering applying for the RIGI incentive regime to enhance exploration and production activities in Vaca Muerta, following recent governmental approvals.
With a key contract in Europe, Argentina's megapipeline project advances
Argentina is progressing towards becoming a member of the exclusive group of liquefied natural gas (LNG) exporting countries with a significant contract from Germany's SEFE.
Effect of Vaca Muerta: Vista invested over US$1300 million and increased production by 66%
Vista Energy, led by Miguel Galuccio, significantly boosted production in Vaca Muerta after investing over US$1300 million.
Vaca Muerta drives a new oil record and already represents 68% of production
Vaca Muerta's oil production reached a record of 882,200 barrels daily in January, now accounting for 68% of Argentina's total output.
Benefits of the RIGI Extended and Expanded to Other Sectors to Accelerate Investments in Energy
The Argentine government has extended the RIGI incentives regime until July 2027, aiming to boost energy investments in critical areas such as Vaca Muerta and offshore exploration.
The Government extends the RIGI for one year and expands its scope: favors the arrival of two major oil companies to Vaca Muerta
The Argentine government has extended the RIGI program for another year, encouraging significant investment from major oil companies to the Vaca Muerta region.
The new energy scenario
Argentina is undergoing a transformation in its energy landscape, driven by increased gas and oil production from Vaca Muerta.
Can a tender change the balance of corporate power in Argentina?
An Indian company won a major contract for a key gas pipeline in Vaca Muerta, sidelining Techint, a giant in Argentina's industrial sector, prompting analysis of the implications for national industry and corporate dynamics.
Changes in Vaca Muerta: large multinationals are leaving, local companies are gaining weight, and state oil companies are emerging
Vaca Muerta is experiencing a shift in its corporate landscape as large multinational oil companies exit, paving the way for local firms and state-owned companies to take their place.
Ambitious Plan: The Fourth Largest Oil Company in the World Joins the Project to Export Gas from Vaca Muerta
The fourth largest oil company in the world, XRG, has officially joined a project led by YPF to export natural liquefied gas from Argentina's Vaca Muerta region, securing an agreement with Eni.
Paradigm shift: Comodoro Rivadavia, from the capital of oil to a city overshadowed by the Vaca Muerta boom
Comodoro Rivadavia, once the oil capital of Argentina, faces economic decline as investments shift toward NeuquΓ©n's Vaca Muerta region.
The UIA reaffirmed its concern about the level of activity and called for an 'intelligent opening'
The Argentine Industrial Union (UIA) has expressed deep concern over declining economic activity and job losses, urging for a more deliberate approach to economic opening amidst tension with the government.
Shell inaugurated an oil plant in Vaca Muerta and plans investments of US$ 700 million
Shell has inaugurated a new oil and gas processing system in Argentina's Vaca Muerta, confirming substantial investments amid speculation about asset sales.
Vaca Muerta: Shell announces a new production system
Shell has launched a new production system at its Vaca Muerta site in Argentina, capable of processing up to 20,000 barrels of oil per day and requiring an investment of around $500 million.
Shell denies plans to leave Vaca Muerta, where it has assets worth over US$1.9 billion
Shell executives denied reports of abandoning Vaca Muerta, emphasizing the value of their shale oil assets, during an investor conference.
"Fake news": Shell dismissed that it is analyzing selling its operations in Vaca Muerta
Shell's CEO Wael Sawan refuted claims regarding a potential sale of its Vaca Muerta operations, labeling them as 'fake news'.
YPF launched the sale of Metrogas seeking more than US$ 500 million for Vaca Muerta
YPF initiated the formal sale of its 70% stake in gas distributor Metrogas, aiming to raise over $500 million to bolster its investment program in Vaca Muerta.
Domestic companies lead oil and gas boom in Argentina
As major oil and gas companies withdraw from Argentina's volatile economy, domestic groups are intensifying their development of the vast Vaca Muerta shale field in Patagonia.
Paolo Rocca States His Position on the Bid for the Vaca Muerta Gas Pipeline
Techint's president, Paolo Rocca, expressed his views on the tubing tender for the export gas pipeline from Vaca Muerta to the coast of RΓo Negro, emphasizing the need to defend the industry against unfair competition from imports.
The president of Techint explained his position on the bidding for pipes for a Vaca Muerta gas pipeline
Paolo Rocca, president of Techint, outlined his stance on a bidding process his company lost to an Indian group, emphasizing the need for competitive practices in Argentina and noting significant investments over the past three years.
Horacio Pizarro takes over as general director at TGN
Horacio Pizarro has been appointed as the new general director of Transportadora de Gas del Norte, succeeding Daniel Ridelener, who retired after nearly 20 years.
βTerrifyingβ and βThe 3% drives them crazyβ: the harsh exchange between Alberto FernΓ‘ndez and Adorni over the dispute between Techint and the Government
A recent social media exchange unfolded between former president Alberto FernΓ‘ndez and Manuel Adorni regarding a conflict between Paolo Rocca and President Javier Milei over a tender in Vaca Muerta, highlighting support for Techint while emphasizing the need to protect national production.
The Mother of All Battles
The recent controversy surrounding the bidding of pipes for a gas export project in Vaca Muerta, where a foreign company outbid Techint, reveals the structural problems hindering Argentina's progress.
Equinor sells out of land-based operations in Argentina
Equinor is selling all of its land-based projects in the Vaca Muerta region of Argentina to Vista Energy, including its stakes in the Bandurria Sur and Bajo del Toro projects, while continuing its offshore activities in the country.
Vaca Muerta, Milei's oil treasure at risk: U.S. investment, Venezuelan engineers...and near a Chinese space base
The article discusses the potential risks facing Argentina's Vaca Muerta oil project, including U.S. investment concerns and the involvement of Venezuelan engineers amidst geopolitical tensions.