Category: Companies

Eni presses supercomputer power button in bid to speed up oil and gas finds

The move is expected to go a long way towards helping Eni sift through large amounts of data and discover new oil and gas reservoirs, while also helping with its clean energy and decarbonisation calculations

YPF, Shell sign agreement for LNG project

The agreement, signed in The Hague, Netherlands, establishes that Shell will join the project, with both parties committing to advance the development of the first phase of the Argentina LNG project

Vaca Muerta Sur: YPF and other oil companies approve its construction

The Argentine oil company YPF announced that its new partnership with three other oil companies has approved the construction of a pipeline for the export of unconventional oil extracted from Vaca Muerta Sur

Vista issues bond for $600 million

The second-largest operator of unconventional hydrocarbons in Argentina, has issued a 10-year bond for $600 million, the company announced

Repsol sells Colombian oil and gas assets

The sale includes Repsol’s 45% stake in onshore Block CPO-9 (Akacias) in the Llanos Norte play, which is operated by Colombia’s state-run Ecopetrol (55%), and Repsol’s nonoperated interest in the promising Cosecha Block

YPF, Shell on track to sign an agreement to keep the mega LNG project alive

Argentina’s Chief of Staff, Guillermo Francos, mentioned that YPF will sign the agreement with one of the world’s largest companies, valued at $140 billion. The contract will span 20 years

Chevron to sell assets worth $6.5 billion to Canadian Natural Resources

Chevron is selling its assets in Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources for $6.5 billion, the oil giant said as it puts in motion its divestiture plan

YPF to lower fuel prices in October

The oil company said in a statement that it will lower its fuel prices starting on October 1, although a tax increase and the devaluation of the peso will limit the impact on retail prices

YPFB: Gas exports to Argentina end in September

Bolivia’s natural gas exports to Argentina will come to an end this month, following local media reports indicating that the neighboring country’s exports had been halted

TotalEnergies begins production at Fénix gas field

This offshore field, located 60 kilometers off the coast of Tierra del Fuego, has a production capacity of 10 million cubic meters per day, the equivalent of 70,000 barrels of oil per day