Blue Dollar Updates

Vaca Muerta Boom Transforms Añelo Into Argentina’s Energy Jobs Hub

From 6 p.m. onwards, the cold becomes more pronounced, and the wind disrupts your equilibrium as you navigate your way. It is the same old wind that has blown across the Neuquén plateau for centuries, the one that for decades made Añelo just another town deep in Patagonia, characterised by its small farms, goats, and … Read more

Blue Dollar Updates

Argentina’s Oil and LNG Boom Could Reshape Its Energy Future

Hydrocarbon production in Argentina commenced in 1922 with the establishment of Yacimientos Petrolíferos Fiscales, recognised as the world’s inaugural state-owned oil enterprise. More than a century later, the nation’s energy sector is poised to embark on its most prosperous era to date. “Fifteen years ago, Argentina was a country with oil, and there was not … Read more

LNG Carrier at Sea

Argentina-US signing US$7 billion ‘Andes-Atlantic Corridor’ proposal

The Andes-Atlantic Corridor plan, a bilateral project aiming at investing up to US$7 billion in 2027 to enhance key infrastructure, was announced by Argentina and the United States on Wednesday. The agreement was executed in New York by Foreign Minister Pablo Quirno and U.S. Deputy Secretary of State Christopher Landau. The agreement centers on energy, … Read more

Blue Dollar News

Argentine Gas Supply Hit by Cold Snap

The winter cold snap and the conflict in the Middle East have converged to produce a dire situation for Argentine industry. As residential gas demand escalates and import prices increase, numerous companies confront the possibility of halting operations, raising alarms throughout the manufacturing sector, as reported. Most small and medium-sized manufacturers that depend on gas … Read more

Blue Dollar Updates

Chevron Joins Drillers for Argentina Shale NGL Project

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

LNG Carrier at Sea

Italian-Argentine Team Secures Vaca Muerta’s Biggest LNG Project

A consortium comprising Argentine construction firm Víctor Contreras and Italian company Sicim has secured the contract to construct the largest liquefied natural gas pipeline in the Vaca Muerta oil and gas field, facilitating Argentina’s ability to export this essential commodity. The decision was reached unanimously by San Matías Pipeline, the consortium responsible for the project, … Read more

Blue Dollar Updates

Vaca Muerta Gas Set for Europe – Major 8-Year LNG Deal

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

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