Category: Companies

Shell to acquire Canada’s ARC in output-boosting $16.4 billion deal

Anglo-Dutch oil major Shell said it has agreed to acquire Canadian company ARC Resources for $16.4 billion, a deal that strengthens its strategy to expand in shale gas and its presence in North America

Pluspetrol, GyP seek RIGI approval for multi-billion Vaca Muerta project

According to the Neuquén provincial government, the companies are seeking approval for a $12 billion investment project to develop the Bajo del Choique–La Invernada area

YPF advances sale of 70% stake in Metrogas

According to a company statement, the first phase of the competitive process to sell its 70% stake in Metrogas “included the participation of 13 companies and concluded with the receipt of non-binding offers on April 9”

BP: Price volatility to impact results

BP said market conditions and oil price volatility driven by the war in Iran will affect its financial results for the first quarter of the year. The company expects an exceptional result in oil trading during the first three months of 2026

YPF awards Halliburton long-term contract for unconventional well completions

State-owned oil company YPF has awarded U.S. oilfield services provider Halliburton a multi-million-dollar contract to carry out long-term unconventional well completions in Argentina

Tecpetrol, GyP seek RIGI approval for Vaca Muerta project

Oil companies Tecpetrol and GyP have applied for their multi-billion-dollar project in Argentina’s Vaca Muerta unconventional formation to be included under the Large Investment Incentive Regime (RIGI), launched in 2024

US appeals court voids $16.1 billion judgment against Argentina over YPF seizure

A New York appeals court overturned a ruling that had ordered Argentina to pay $16.1 billion in damages over the 2012 nationalization of oil company YPF

Mega seeks RIGI approval for multi-million Vaca Muerta project

According to the company, the $360 million project aims to expand production capacity and boost the development of liquids associated with oil and natural gas from Vaca Muerta

US Court grants Argentina relief in YPF nationalization case

The U.S. Court of Appeals for the Second Circuit accepted Argentina’s emergency request to halt the discovery process related to enforcing a 2023 judgment issued by New York District Judge Loretta Preska

Vista net profit rises 50.5% in 2025

Vista Energy, whose operations are focused on Argentina’s Vaca Muerta unconventional hydrocarbon formation, reported a net profit of $719 million last year, up 50.5% from 2024