Category: Companies

Chevron applies for Argentina RIGI program with $13.8 billion investment plan

US oil major Chevron has submitted a $13.8 billion investment project in Argentina and requested its inclusion under the Large Investment Incentive Regime (RIGI)

YPF: Argentina’s energy trade surplus could reach $11 billion

Argentina’s energy trade balance could post a surplus of $11 billion in 2026, according to estimates by state-controlled oil company YPF

YPF unveils $25 billion investment project in Vaca Muerta

State-controlled oil company YPF announced plans to invest $25 billion to “accelerate the export development” of Argentina’s Vaca Muerta unconventional shale formation

Vista to invest $5.6 billion in Argentina through 2028

Vista Energy, whose operations are concentrated in Argentina’s Vaca Muerta unconventional shale formation, announced plans to invest $5.6 billion in the South American country through 2028

Vista Energy completes acquisition of Equinor assets in Vaca Muerta

Vista Energy finalized the acquisition of Equinor’s assets in Argentina’s Vaca Muerta shale formation in a deal valued at $712 million. The transaction gives the company led by Miguel Galuccio non-operated stakes in two shale oil blocks in the Neuquén Basin

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