US EditionArgentina Plans Sweeping Oil and Gas Asset Sale to Focus on Shale Production
- Argentina's state-run oil company YPF SA plans a large asset sale in 2025 to focus on shale production under President Javier Milei.
- The sale aims to streamline YPF by divesting mainly aging Patagonia oil fields, boosting focus on the more profitable Vaca Muerta shale basin.
- YPF will retain stakes that add value and continue exploring new shale areas like Palermo Aike and offshore fields, following Petrobras' divestment example.
- Shares traded in New York have fallen, new managers linked to Paolo Rocca's empire will lead the strategy, and an earnings call will be held March 4.
- During his campaign, President Milei committed to restructuring YPF to regain its worth, with plans to eventually return ownership to private investors, although re-privatization is not currently included in pending legislation.
17 Articles
17 Articles
The president of the state oil company, Horacio Marín, anticipated that the system will be inaugurated on June 23 at 1,600 filling stations throughout Argentina
The average normal consumption of a medium car that goes through five days of the week about 60 kilometers in urban transit would be two tanks per month, on stops at service stations, to charge naphtha for about $150,000 in gross. That monthly budget in fuels could be reduced, especially if loading days are planned and means of payment are selected. Promos can be used by combining credit or debit cards and payments via apps such as MODO. Many vi…
The president of YPF, Horacio Marín, confirmed that this month a new system of differential prices will be put in place for the sale of naphtha and diesel according to time slots, starting from the use of Artificial Intelligence (IA) in the marketing segment of the state-majority company. As Infobae had anticipated, the measure will be inaugurated on June 23 and will seek to have control at approximately 1,600 service stations throughout the cou…
Canal C Nafta in June: How to pay less with YPF, Shell, Axion and Puma This month comes with many promotions for those who want to save when charging fuel. Both YPF, Shell, Axion and Puma offer important discounts if you use apps, virtual wallets or specific bank cards. If you are about to fill the tank, this info is for you. YPF: Promos Featured with App YPF and wallets From the YPF App, there are 10% on Mondays and Fridays in Infinia with bala…
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