YPF sells interest in Argentina’s largest gas distributor to EEI

YPF, the state-owned oil and gas enterprise, divested its interest in Metrogas, the leading natural gas distribution entity in Argentina, to Edenor, an electricity distributor overseen by businessmen José Luis Manzano, Daniel Vila, and Mauricio Filiberti. The decision indicates that YPF will divest from Metrogas as it reallocates its resources to prioritise oil and gas … Read more

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Hamm Eyes Expansion in Argentina’s Shale Boom

US shale pioneer Harold Hamm is seeking to broaden his presence in Argentina’s Vaca Muerta oil basin, recognised as the site of the world’s most rapidly expanding shale boom, as per sources. Hamm’s Continental Resources Inc is poised to vie for shale blocks in an auction overseen by Neuquén Province, which hosts the majority of … Read more

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Argentina’s Pampa Approves Major Urea Plant

The first new facility of this kind to be approved by Pampa Energia SA in over 25 years is a 2.7 billion US dollar urea fertiliser factory on the Atlantic coast of Argentina. Although Argentina has lately prioritised oil production from its prolific Vaca Muerta shale deposit due to its ease of transportation and export, … Read more

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Argentina Unveils Private Nuclear Reactor Project

Economy Minister Luis Caputo announced that a private company based in the United States intends to invest US$1.2 billion to construct a small modular reactor at the Atucha nuclear complex. The reactor, an ACR-300, was designed in Argentina. The project was presented by Meitner Energy, a firm with capital from both the United States and … Read more

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