News of energy

YPF: How a firm was purchased with its own money, ending in a multi-billion-dollar lawsuit

04-07-2025 08:56 The Eskenazis family entered into YPF thanks to Néstor Kirchner without placing a dollar. The Grupo Petersen purchased shares with the promise to pay with the dividends. More than a decade on, the case in the US courts.

Argentina appeals US$16-billion YPF court ruling

04-07-2025 08:42 Argentina appeals US judge's order to hand over 51% of shares in YPF in expropriation case; Milei points finger at Kicillof, Fernández de Kirchner as fears over ruling impact grow.

Europe's lithium quest hampered by China and lack of cash

20-06-2025 09:20 Too much regulation and not enough investment, the paradox facing a Europe –in need of lithium.

YPF to sign LNG export deal with Italy's ENI

05-06-2025 09:49 Agreement to be formalised during President Milei's visit to Rome, says YPF President Horacio Marín.

Governors seek Vaca Muerta investments at Texas energy summit

23-04-2025 11:12 Leaders from four provinces in Argentina – Río Negro, Neuquén, Mendoza and Córdoba – aim to showcase their competitiveness to the global oil elite in Texas at the Offshore Technology Conference.

by Eugenia Muzio

Vista buys Petronas’ Argentina oil stake in US$1.5-billion deal

16-04-2025 12:25 Deal all but cements exit of Malaysia’s Petronas; It’s also a sign that development of Vaca Muerta will increasingly be spearheaded by homegrown drillers.

Equinor said to approach YPF on Argentina shale assets sale

28-02-2025 10:28 Equinor ASA has discussed selling stakes in Argentine shale oil assets to its joint venture partner, state-run oil company YPF SA.

Energy export surge quells fears over currency management

29-01-2025 11:20 BlackRock, Barings say energy dollars should quell Argentina’s foreign exchange concerns.

Milei touts US$50 billion from investors eyeing 30-year loopholes

02-12-2024 13:04 Argentina has abundant natural resources and legions of well-educated workers. But it struggles to attract investors because its politicians have a habit of changing the rules on a whim.

Hunger in G20 host Brazil is Lula's unfinished fight

14-11-2024 19:32 Left-wing President Luiz Inácio Lula da Silva will call for "Global Alliance against Hunger and Poverty" at the G20 summit in Rio.

PRO gains another spot in government as energy secretary resigns

17-10-2024 16:22 Eduardo Chirillo resigns as energy secretary; María del Carmen Tettamanti, former chief of Camuzzi gas distributor and advisor to Patricia Bullrich, appointed to post.

Rio Tinto arrives in lithium with a survival-of-the-fittest mentality

10-10-2024 07:58 Rio Tinto has assumed a survival-of-the-fittest mentality in the lithium industry – as prices have fallen, it has sought to buyout a once coveted producer at a steep discount.

Economic crisis thwarts bid to go nuclear with lithium bounty

17-09-2024 11:35 Currency woes dog Argentine scientists trying to develop key isotope Lithium-6, which could have nuclear applications; Milei’s spending cuts, privatisation plans are also a factor.

US says it may weigh in on Burford’s US$16-billion Argentina award

09-09-2024 21:08 United States government “actively considering” whether to file statement of interest with courts concerning Burford Capital’s efforts to collect a US$16-billion judgment against Argentina over nationalisation of state oil firm in 2012.

Argentina, US ink accord for ‘cooperation on critical minerals’

23-08-2024 13:31 Argentina and the United States sign memorandum of understanding to strengthen production of "critical minerals" such as lithium that are essential for the energy transition.

YPF moves to sell units as it ramps up divestments in shale push

09-08-2024 15:48 State-run oil company, YPF SA, is moving to sell several business units and stakes as its divestment plan kicks in.

Declining gas giant eyes new role piping Argentine gas to Brazil

20-06-2024 15:03 Bolivia is offering its pipelines to transport natural gas from Argentina’s Vaca Muerta field to Brazil.

Oil driller Vista Energy to import new frack set in SLB deal

11-06-2024 11:44 Argentine oil driller Vista Energy signed an agreement with SLB to import a new fracking array during the second half of this year to help boost production in the Vaca Muerta shale region.

Natural gas crunch as worst winter since 1980 looms

29-05-2024 11:34 Government scrambles to secure supplies of fuel as lower-than-expected temperatures boosts demand for home heating.

Oil driller’s 1,400% world-beating rally hinges on Milei reforms

23-05-2024 13:52 Vista Energy boss Miguel Galuccio knows shale. But his plans lie in the hands of President Javier Milei.