Category: Companies

YPF purchases Total Austral’s stake in Vaca Muerta for USD 500 million

The acquired blocks in Vaca Muerta, “La Escalonada” and “Rincón La Ceniza,” have active unconventional exploitation concessions valid until 2051

BP announces largest oil, gas discovery in 25 years in Brazil

The company stated that it drilled the 1-BP-13-SPS exploration well in the Bumerangue block, in the Santos Basin, 404 kilometers (218 nautical miles) off the coast of Rio de Janeiro, at a depth of 2,372 meters

TotalEnergies’ profits fall to lowest level in 4 years

Adjusted net income fell to $3.6 billion for the quarter ending June 30, down from $4.7 billion a year earlier and $4.2 billion in the first quarter

Argentina to appeal U.S. Judiciary to suspend transfer of YPF shares

Argentina will file a request this Tuesday in U.S. courts to suspend the order related to the multi-billion-dollar lawsuit over the 2012 nationalization of Yacimientos Petrolíferos Fiscales (YPF), seeking to postpone the transfer of the company’s shares as ordered by New York Judge Loretta Preska

US supports Argentina in lawsuit against the nationalization of YPF

company YPF.

The U.S. Department of Justice has notified the New York Court of Appeals that it will appear in the case as an amicus curiae (friend of the court) in favor of Argentina, local media reported

US judge delays turnover of Argentina’s 51% YPF stake to allow appeal

A U.S. judge temporarily halted the enforcement of an order requiring Argentina to hand over its 51% stake in oil and gas company YPF to satisfy a $16.1 billion court judgment partially

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