News of drilling

YPF to merge LNG project with rival’s joint venture

Today 12:54 State-run energy company YPF SA will join a venture being developed by rival shale driller Pan American Energy and liquefied natural gas shipper Golar LNG.

ENERGY & GAS

Oil workers strike after death after Vaca Muerta drilling field

09-10-2024 11:20 Vista Energy reports death of Miguel Fernández, 40, following an accident at Bajada del Palo Oeste field at Vaca Muerta formation; Unionised workers stage protest as they demand “no for more deaths” and call for more investment in safety.

BLOOMBERG

Oilfield billionaire Paolo Rocca has ‘lot of hope’ for Milei

21-03-2024 11:59 Paolo Rocca, billionaire chief of oil-pipe maker Tenaris SA, said expectations are high that President Javier Milei can turbo-charge development of the country’s shale deposits.

ENERGY & GAS

Javier Milei seeks free oil markets by law in shale-rich Argentina

29-12-2023 21:23 Milei wants to unshackle crude exports and leave local fuel prices at the whim of market forces.

DROUGHT EMERGENCY

Thirsty Uruguayans launch quest to find underground water

11-06-2023 09:11 Water shortages in Montevideo, Uruguay's most populous city, remain "very critical"; Lacking freshwater reserves for the capital and its surroundings, drilling is underway to tackle the crisis.

BLOOMBERG

YPF is poised to rein in capex ambitions amid fuel controls

30-11-2022 22:29 State-run oil company YPF probably will set next year’s spending plan at the lower end of a range that executives are discussing internally.