Tag: YPF

Oil demand plummets up to 85%

The preventive and compulsory social isolation ordered by the national government had an immediate effect on fuel demand, and oil and petrol stations registered an initial drop in sales of up to 85% across the country

YPF plans investments of u$s2,800 million for 2020

The figure represents a decrease of 20% compared to the previous year, due to the inconveniences that the state oil company and the sector faced during the past year

YPF authorized to transfer 50% offshore exploration licence to Equinor

The government authorized YPF to transfer 50% of an offshore exploration licence to the Norwegian firm Equinor, with the Resolution 55/2020 of the Energy Secretariat published in the Official Gazette