Venezuela’s state oil company PDVSA has begun storing crude oil and fuels on tankers as onshore inventories rise amid U.S. seizures of vessels linked to Venezuela, according to company documents and maritime data
The United States issued new sanctions targeting Iran’s oil exports, including against a China-based “teapot refinery”, as President Donald Trump’s administration seeks to ramp up pressure on Tehran
At least two vessels carrying Venezuelan crude chartered by Chevron are now stalled in Venezuelan waters due to state oil company PDVSA canceling their export authorizations after the U.S. imposed secondary tariffs on the OPEC member’s buyers
Oleoductos del Valle (Oldelval) has inaugurated the “Duplicar” project, enabling it to increase transport capacity from the Neuquén Basin to the Atlantic Ocean
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
The Argentine government is seeking to tender the expansion of the ‘Perito Francisco Pascasio Moreno’ gas pipeline “as soon as possible” to transport an additional 14 million cubic meters of natural gas per day from Vaca Muerta to Buenos Aires Province
Argentina inaugurated the reversal of the Gasoducto Norte pipeline, which will now supply northern and central Argentina as well as allow exports to Brazil from Vaca Muerta
The governments of Argentina and Brazil will sign a memorandum of understanding this year, outlining new rules for the integration of their natural gas networks, announced Argentina’s Secretary of Energy, Eduardo Rodríguez Chirillo, in Rio de Janeiro
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
The Argentine oil company YPF will complete the first stage of a pipeline that will connect the Vaca Muerta formation with Allen in Río Negro in the first quarter of 2025, with a capacity of 350,000 barrels of oil per day
