This is the second well in Potiguar where the firm has found hydrocarbons. Both finds are still subject to further studies, Petrobras said

YPF will face “macroeconomic stress” and regulatory framework changes this year, according to a report released by the credit rating agency Moody’s on Latin American state-owned enterprises

YPF has announced the launch of a key tender for the development of a multi-billion-dollar project in partnership with Malaysian company Petronas to produce and export liquefied natural gas (LNG)

For the entire year 2023, the company’s recurring net income of 136.0 billion reais exceeded analysts’ estimate of 125.0 billion reais surveyed by LSEG, but represented a 24.2% decline compared to the previous year

The oil company YPF announced that it will invest $5 billion this year, of which $3 billion will focus on the Vaca Muerta unconventional hydrocarbon formation

The board of directors of the oil company YPF approved a plan to optimize its portfolio of conventional fields, which will lead it to focus its investments on more profitable conventional and unconventional areas, the company said in a statement

U.S. energy giant ExxonMobil Corp, opens new tab is weighing offers for its oil and gas assets in Argentina’s Vaca Muerta shale region

According to the company, the new investments will be allocated to its operations in Vaca Muerta, with the goal of connecting 46 new wells and reaching a production of 70,000 barrels of oil equivalent per day by 2024

TotalEnergies announced that it has received 3.4 billion euros in cash from the sale of its gas station network in Germany, the Netherlands, Belgium, and Luxembourg to the Canadian group Couche Tard

Chevron said it would take non-cash writedowns on U.S. oil and gas production, primarily in California, and for securing abandoned wells and pipelines in the U.S. Gulf of Mexico that had been previously sold