Tag: YPF

YPF, ENI to explore offshore Uruguay

Covering approximately 17,000 square kilometers with a maximum water depth of 4,100 meters, OFF-5 is located “in a strategic area due to its geological potential,” Argentina’s largest oil and gas producer highlighted

YPF reaches “milestone” in shale oil production

YPF announced that it has reached a production milestone of 200,000 barrels per day of oil in Vaca Muerta. This shale oil production level represents 82% growth in just over two years

YPF transfers seven areas in Tierra del Fuego to Terra Ignis

The transfer is part of Project Andes, under which YPF seeks to divest mature assets to focus on Vaca Muerta. The areas involved are Los Chorrillos, Lago Fuego, and Tierra del Fuego Fracción A, B, C, D, and E

YPF partners with ADNOC for LNG project

Argentine state-owned oil company YPF and Italy’s Eni have reached an agreement with the investment arm XRG of Abu Dhabi National Oil Company (ADNOC) to join Argentina’s liquefied natural gas (LNG) project

Argentina to request annulment of ruling regarding YPF

The U.S. 2nd Circuit Court of Appeals, based in Manhattan, will review the judgment handed down in September 2023 by District Judge Loretta Preska in favor of two minority shareholders of YPF

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

Three Argentine provinces appear before U.S. court in YPF case

The filing before the U.S. Court of Appeals for the Second Circuit was made Monday by the provinces of Mendoza, Chubut and Santa Cruz, which, as oil producers, are shareholders in YPF

YPF starts drilling new exploratory wells in Argentina’s Palermo Aike shale

Argentina’s state-controlled oil company YPF has begun drilling three new exploratory wells in Palermo Aike, the country’s second-largest unconventional hydrocarbon reserve after Vaca Muerta

YPF: future production in Vaca Muerta to be destined for exports

All production from any new future developments in Argentina’s Vaca Muerta shale basin will be directed to exports, the CEO of state-controlled oil company YPF said

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)