Category: Investments

Fluxus enters Argentina, will operate in Vaca Muerta

The agreement sets that Fluxus must make an initial investment of 21.3 million dollars for the reactivation of 54 wells between 2026 and 2027, as well as for the maintenance of existing facilities

YPF to invest USD400 million in sustainable jet fuel venture

Argentine state oil firm YPF will invest around $400 million as part of a new joint venture to produce and sell sustainable aviation fuel (SAF)

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

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

Argentina’s YPF rules out building land-based LNG plant, local media reports

Argentina’s state-run oil firm has ruled out building an onshore natural gas liquefaction plant, opting instead to rely on floating vessels for this process, YPF’s chief executive said

Oldelval inaugurates pipeline set to add USD 8 Billion in exports

Oleoductos del Valle (Oldelval) has inaugurated the “Duplicar” project, enabling it to increase transport capacity from the Neuquén Basin to the Atlantic Ocean

Trump revokes permits for oil companies exporting Venezuelan crude

U.S. President Donald Trump has notified the partners of Venezuela’s state oil company PDVSA—including Spain’s Repsol—that their permits to export crude oil and derivatives from Venezuela have been canceled

YPF expands with four new areas in Vaca Muerta

The Argentine state-controlled oil company has acquired four new oil and gas concessions in the massive Vaca Muerta shale formation and plans to invest $12.9 billion for large-scale development

Chevron and Shell join key Argentine pipeline project

U.S. oil giant Chevron and Anglo-Dutch company Shell will join as partners in the consortium building the Vaca Muerta Sur pipeline, a project that will boost Argentina’s crude oil exports

OPEC: The oil sector needs $17.4 trillion by 2050

The Organization of the Petroleum Exporting Countries (OPEC) reiterated its view that the global oil sector requires $17.4 trillion in investments by 2050, averaging $650 billion per year