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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. per million Btu (MMBtu).

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ExxonMobil discovers oil and gas in Argentina shale well; expands presence in Permian shale in US

Green Car Congress

ExxonMobil Exploration Argentina, jointly with Gas y Petróleo del Neuquén, has discovered oil and gas in an unconventional shale well in Neuquén Province of Argentina. The company executed an agreement to add nearly 26,000 acres to its US oil and natural gas portfolio managed by subsidiary XTO Energy Inc.,

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YPF and Dow to partner on shale gas in Vaca Muerte; first shale gas project in Argentina

Green Car Congress

Argentina state-owned energy company YPF and Dow Chemical have signed a memorandum of understanding jointly to develop shale gas in the Vaca Muerta. In December, YPF and Bridas, an Argentina-based oil and gas company 50% owned by China National Offshore Oil Corporation, agreed to invest $1.5 Earlier post.).

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Argentina’s YPF and Bridas, 50% owned by CNOOC, to invest $1.5B in Vaca Muerta shale oil development in Argentina

Green Car Congress

Argentina state-owned energy company YPF and Bridas, an Argentina-based oil and gas company 50% owned by China National Offshore Oil Corporation, agreed to invest $1.5 While most of the development is targeting unconventional oil will, a portion will be for wet gas exploitation. Vaca Muerta shale.

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Shell starts production at Vito in US Gulf of Mexico; new, simplified design

Green Car Congress

With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform in the GoM to employ a simplified, cost-efficient host design. Shell is the leading operator in the US Gulf of Mexico for oil and gas production. The Vito development is owned by Shell Offshore Inc.

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Lux Research: Australia best positioned to be next big shale play; China and Argentina next

Green Car Congress

Hydraulic fracturing and horizontal drilling have unlocked shale gas and tight oil resources previously written off as uneconomical, single-handedly altering North America’s energy landscape. Unconventional oil and gas production requires next-generation sensors and monitoring systems for intelligent well design and fraccing.

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Nuseed secures commercial offtake agreement for carinata with leading biodiesel producer Saipol

Green Car Congress

Nuseed Limited, a wholly-owned subsidiary of Nufarm Limited, has executed a commercial off-take agreement with Saipol, the largest biodiesel producer in Europe, to supply Nuseed Carinata as a feedstock for certified low-carbon oil for renewable fuels and high protein non-GMO meal for livestock feed.