Category: Companies

Pampa Energía requests inclusion in RIGI for project in Vaca Muerta

Pampa Energía announced that it has requested inclusion in an incentive regime to build an oil and gas treatment plant at its Rincón de Aranda field, with an investment of $426 million

Former president of YPF rejects ruling against Argentina

The former president of the Argentine oil company YPF, Pablo González, also denounced an attempt by the plaintiffs to seize the colossal unconventional hydrocarbon formation known as Vaca Muerta

Argentina vows to appeal US ruling on YPF

Argentina will appeal the ruling of a court in New York that ordered the South American country to transfer 51% of the shares of the national oil and gas company YPF, said President Javier Milei

Shell in early talks to buy rival BP, WSJ reports

Talks between company representatives are active and BP is considering the approach carefully, the Wall Street Journal’s stated in a report

Petrobras, Chevron win blocks in Foz do Amazonas auction

A consortium led by Brazil’s state-run oil company Petrobras, which includes ExxonMobil, was awarded five blocks in the controversial Foz do Amazonas basin during an auction held by the national energy regulator ANP

Vista Energy issues bond to repay loan and invest in Vaca Muerta

Oil company Vista Energy issued an international bond worth $500 million with an average maturity of seven years at an annual rate of 8.5%, the company said in a statement

YPF to drill three exploratory wells in the Palermo Aike formation

The oil company has signed a commitment with the province of Santa Cruz to drill three exploratory wells this year in the unconventional hydrocarbon formation Palermo Aike

Petrobras gets a win in Amazon drilling push 

The Brazilian government reported that the state-run oil company Petrobras has met one of the environmental requirements set by authorities to explore potential oil reserves near the mouth of the Amazon River

Phoenix Global Resources confirms major investment in Vaca Muerta

Phoenix Global Resources confirmed a multi-billion-dollar investment in Vaca Muerta in southwestern Argentina, after terminating an agreement signed a year ago with Colombia’s GeoPark

Petrobras announces new deepwater discovery

Brazilian oil company Petrobras announced that it has discovered “high-quality” oil in the ultra-deep waters of the Santos Basin, in the Atlantic Ocean