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2014-08-29 18:05:00

YPF & PETRONAS AGREE

YPF & PETRONAS AGREE

Argentina's YPF SA and Malaysia's Petroliam Nasional Bhd. will sign an agreement on Thursday to develop shale oil in Argentina's massive Vaca Muerta formation, people familiar with the matter said.

The deal will entail an initial investment of more than $500 million. If it is structured similarly to a joint venture the Argentine company signed last year with Chevron Corp., state-run YPF and Petronas could invest up to $9 billion over the next decade to develop the full potential of La Amarga Chica, an oil field within Vaca Muerta. The 72-square-mile field is in remote, windswept Patagonia.

YPF's deal with Chevron…

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Tags: YPF, PETRONAS, OIL, VACA, MUERTA, SHALE, CHEVRON, SCHLUMBERGER

Chronicle:

YPF PETRONAS AGREE
2019, April, 22, 08:20:00

AZERBAIJAN OIL PLATFORM $6 BLN

BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.

YPF PETRONAS AGREE
2019, April, 22, 08:15:00

CONOCO SELLS BRITAIN $2.67 BLN

ConocoPhillips's gas-focused North Sea assets pumped 72,000 b/d of oil equivalent last year, and the acquisition will help boost Chrysaor's total production this year to over 185,000 boe/d, Chrysaor said in a statement.

YPF PETRONAS AGREE
2019, April, 22, 08:10:00

BRITAIN'S RENEWABLE 33%

Renewable energy sources generated approximately 33 per cent of Great Britain’s electricity over the first quarter of 2019, according to new figures published by energy consultancy EnAppSys, with wind energy accounting for over 60% of renewable generation.

YPF PETRONAS AGREE
2019, April, 22, 08:05:00

TURKEY, GERMANY RENEWABLE

To further explore opportunities for bilateral energy expansion, Turkish Energy and Natural Resources Minister Fatih Dönmez and German Federal Minister for Economic Affairs and Energy Peter Altmaier met in Ankara for the second Turkish-German Energy Forum in October last year to sign a letter of intent to enhance the Turkish-German energy partnership.

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