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Statoil Enters Argentine Shale
Norway's state producer Statoil is entering Argentina for the first time, having agreed terms of a 50-50 partnership with Argentina’s leading energy company YPF.…
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Argentinian Duo to Develop Tight, Shale Gas
Argentinian state producer YPF and Buenos Aires-listed Pampa Energia are to invest US$150mn in tight and shale gas development in central Argentina. Pampa announced August 1…
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Total Profits Up in Volatile Q2
French oil major Total reported a second-quarter profit of $2.5bn, up 14% on the same period last year, despite only a 9% increase in oil prices and a 15% rise in gas prices.…
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UK Indie to Partner YPFB in Bolivia
UK-listed South American gas explorer Echo Energy said July 26 it had signed a technical evaluation agreement for Rio Salado Block, onshore Bolivia. The agreement is a long way…
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BP, Total to Lead $1.15bn Argentina Shale Project
Argentina's state producer YPF said July 18 that it, together with partners BP-led Pan American Energy, Total and Germany's Wintershall, had signed an agreement with the province…
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Argentina secures credit for pipeline - NGW Magazine
This article is featured in NGW Magazine Volume 2, Issue 14 Argentina has secured funding from development bank CAF to expand its transport network, to deal with rising…
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BASF-Wintershall Profits Improve
German chemicals giant BASF increased its 1Q profits from its oil and gas (Wintershall) division threefold to €140mn, from just €47mn in 1Q2016, thanks to higher prices…
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Total OKs Argentina Shale Gas, 1Q Profits Soar
Total increased adjusted 1Q2017 net profit to $2.6bn, a 56% increase year on year, it said April 27, also sanctioning a key investment in Argentina's Vaca Muerta shale gas basin --…
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Schlumberger Back in Black
Oil and gas services giant Schlumberger reported a 1Q2017 net profit of $279mn, down from its year-ago $501mn profit, but an improvement from its 4Q2016 loss of $204mn. CEO Paal…
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Argentina, Algeria Talk Energy Co-operation
Argentina’s foreign minister Susana Malcorra met Algeria’s energy minister Noureddine Boutarfa on a visit February 26. According to Algerian state news agency APS,…
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Argentina Clinches $5Bn Shale Deal - NGW Magazine
Foreign companies have pledged a major investment in the Vaca Muerta shale but the government must also raise its game if it is to retain their services. Argentina has…
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Argentina Orders Siemens Turbines
Siemens said it has received orders from Argentina for nine gas turbines. They will provide a combined electrical capacity of some 500 MW and help fight Argentina’s power…
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Total's Start-ups Cushion Low Price Impact
Total reported October 28 a profit of $1.95bn for Q3, up 81% year on year. Adjusted for replacement costs and excluding special items, its profit was down 25% at $2.1bn. The…
