Chilean Energy Minister Ximena Rincón recently toured the Vaca Muerta field in Neuquén province, extending an invitation to Argentina to utilise their Pacific coast ports for the export of oil and gas to Asian markets. A communiqué from Chile’s foreign ministry provided additional insights on the proposal. “Chile can serve as a close, stable, and … Read more
Certain sources indicate that Chevron Corp, along with two other significant Argentine shale producers, is set to finalise contracts this week for a natural gas liquids project. This development strongly suggests that the US$3-billion initiative is poised to proceed. Certainly, Chevron, the prominent US supermajor, is looking to increase its activities in the Vaca Muerta … Read more
President Javier Milei utilized a nationally televised broadcast on Friday night to celebrate a favorable court ruling for Argentina concerning the 2012 nationalization of the state energy firm YPF, while simultaneously characterizing the leaders of the opposition Peronist movement as irresponsible and reckless. In an unexpected ‘Cadena Nacional’ address aired nationwide, Milei vehemently condemned former … Read more
The Southern Energy consortium and the Berlin-based group Securing Energy for Europe have formalized an eight-year agreement concerning the export of liquefied natural gas from the Vaca Muerta basin. The agreement stipulates the delivery of two million tonnes annually over the course of eight years, as outlined in a statement. Operations are set to commence … Read more
YPF is poised to advance its most ambitious projects in the coming year, as president and CEO Horacio Marín has indicated that the company will soon finalize agreements with international partners for its liquefied natural gas initiative and then move to seek funding. The CEO projected that the process to arrange financing aimed at transforming … Read more