Tag: ARGENTINA

YPF: Argentina’s energy trade surplus could reach $11 billion

Argentina’s energy trade balance could post a surplus of $11 billion in 2026, according to estimates by state-controlled oil company YPF

Vista to invest $5.6 billion in Argentina through 2028

Vista Energy, whose operations are concentrated in Argentina’s Vaca Muerta unconventional shale formation, announced plans to invest $5.6 billion in the South American country through 2028

Pluspetrol, GyP seek RIGI approval for multi-billion Vaca Muerta project

According to the Neuquén provincial government, the companies are seeking approval for a $12 billion investment project to develop the Bajo del Choique–La Invernada area

YPF advances sale of 70% stake in Metrogas

According to a company statement, the first phase of the competitive process to sell its 70% stake in Metrogas “included the participation of 13 companies and concluded with the receipt of non-binding offers on April 9”

Argentina could reach 1 Million bpd oil output in 2026

Argentina could reach oil production of 1 million barrels per day (bpd) in 2026, up from the current level of just over 850,000 bpd, driven by increased activity in the Vaca Muerta shale formation, Energy Secretary Daniel González said

US appeals court voids $16.1 billion judgment against Argentina over YPF seizure

A New York appeals court overturned a ruling that had ordered Argentina to pay $16.1 billion in damages over the 2012 nationalization of oil company YPF

US Court grants Argentina relief in YPF nationalization case

The U.S. Court of Appeals for the Second Circuit accepted Argentina’s emergency request to halt the discovery process related to enforcing a 2023 judgment issued by New York District Judge Loretta Preska

Vista net profit rises 50.5% in 2025

Vista Energy, whose operations are focused on Argentina’s Vaca Muerta unconventional hydrocarbon formation, reported a net profit of $719 million last year, up 50.5% from 2024

Argentina awards pipeline project for Vaca Muerta gas to TGS

The national government awarded the contract to TGS for the expansion of the trunk pipeline from Vaca Muerta, in a deal that will involve a USD700 million investment to add 14 million m³/day of natural gas transport capacity

Argentina gains support of 8 countries in the YPF case in the U.S.

USA, Israel, and Ecuador each submitted their filings to the U.S. Court of Appeals for the Second Circuit in New York, while Chile, Italy, Uruguay, Romania, and Ukraine jointly submitted their filing