Shale24

María Carmen Tettamanti, Argentina's secretary of energy, announced that Plan Gas will not be extended

Energy Policy

Tettamanti Rules Out Extending Plan Gas as Argentina Moves Domestic Gas Supply to Private Contracts

Argentina's secretary of energy told the 4th Natural Gas and LNG Conference 2026 that the domestic gas market will have to develop through private contracts. She said the government is working on regulatory changes so those agreements are recognized in the supply scheme

Marina Cappiello

Gilinski clan: GeoPark announced that the 25-year production participation contract (CPP) for the Bare Block has taken effect

Bare and Vaca Muerta

GeoPark Completes Venezuela Entry as Grupo Gilinski Takes Shareholder Control

The 25-year contract for the Bare Block has taken effect, and the company has completed the purchase of the remaining 95% of the vehicle that holds it, paid entirely in shares. The Orinoco Belt operation adds a third investment front to Colombia and Neuquén, where the Argentine subsidiary will guarantee the 2033 bond announced in October, whose planned use of proceeds includes 18 months of investment in Vaca Muerta

Martin Oliver

Battery storage accompanies the expansion of renewables and poses new safety challenges

Energy Storage

Safety Rules Must Keep Pace With Energy Storage

Safety should not depend on each manufacturer, operator or emergency team working out on its own how to act. It needs common criteria, accessible information and clearly defined responsibilities

Alejandro Pérez Vargas

Teams from PSJ Cobre Mendocino and Metso Corporation after signing the agreement for the plant of the Uspallata copper project

Mining

PSJ Cobre Mendocino signs preliminary agreement with Metso for its processing plant, which will raise capacity to 42,000 tonnes per day

The Finnish company will supply the plant for the Uspallata copper project, which will incorporate flotation and tailings filtration. According to PSJ, capacity will increase by 50% compared with the original plan, with the same already-approved water requirement of 141 litres per second

María Constanza Del Monte

Capital Markets | Renewable Energy

Genneia Sets November 3 Tender for Up to $30 Million in Green Bonds to Fund Battery Storage

The company will issue Class L notes, denominated in dollars with a 36-month term, to develop energy storage projects under the AlmaGBA and AlmaSADI programs. According to the company, it has already issued more than US$1.2 billion in green bonds and accounts for 23% of the country’s installed renewable capacity

Marina Cappiello

Third-quarter results

TGS: liquids now generate the same operating income as gas transportation, and the company nearly tripled the funds it allocates to investment

Operating income from the liquids business rose 21% and is now practically on par with that of regulated transportation. The gas transporter applied ARS 471,077 million to investing activities, took on US$221 million in debt, and has already contracted 96% of the capacity of its liquids project in Vaca Muerta. It posted a profit of ARS 110,505 million for the quarter

Lucía Martínez

Shale24 Interview

Finning’s Germán Wilson: “Once Metal Mining Is Up and Running, Argentina Will Need Equipment That Does Not Exist in the Country Today”

The country manager of the Caterpillar dealer spoke with Shale24 in Neuquen. The company aims to more than triple its size in Argentina by 2030, with metal mining as the main driver, and Wilson is calling for technicians to be trained now, before the wave of projects arrives

Julián Guarino

Vaca Muerta Shale Play

Insights, data, and analysis from Latin America’s world-class game changer

Representatives of the Argentine and US delegations during the meeting held on the sidelines of the IAEA Ministerial Conference

Bilateral cooperation and regulation

Argentina and the United States strengthen nuclear cooperation, focusing on regulatory harmonisation and SMRs

Argentina’s Secretary of Nuclear Affairs, Federico Ramos Napoli, met Michael Goff of the US Department of Energy at the IAEA Ministerial Conference in Korea. Both delegations agreed on the need to reduce costs and bring predictability to investment, without compromising nuclear safety standards

María Constanza Del Monte

E&P INVESTMENT

YPF Files $8.7 Billion RIGI Application for Bajo del Toro, Targeting 80,000 bbl/d in Northern Vaca Muerta

The project, which YPF operates with 65% and shares with Vista, calls for 440 wells and about $25 billion in exports between 2027 and 2055. It is one of three North Hub developments the company announced with its third-quarter results, and its crude plateau approaches the capacity of the treatment plant YPF plans to build on the block

Julián Guarino

Christopher Landau, the number two at the State Department, during his visit to Buenos Aires last week

Energy and Mining

EXIM weighs expanding its line for Argentina to US$10 billion: U.S. backing could reach US$30 billion, AmCham says

Julián Guarino

Duplicar Norte is the first outcome of that commitment. It is a 207-kilometer-long, 24-inch pipeline that connects the Puesto Hernández station

Midstream

Oldelval Weighs Second Northern Vaca Muerta Pipeline as Duplicar Norte Hits 60%

E&P INVESTMENT

Tecpetrol's Los Toldos II Este Secures RIGI Approval With 380-Well Plan Through 2054

Economy Ministry Resolution 1771/2026 formally admits the Tecpetrol–GyP joint venture, breaks down the $6.43 billion plan, sets Aug. 31, 2027 as the deadline for minimum investment and allows the venture to offer processing and transport services to third parties. The project also cleared a new Foreign Ministry screening tied to the Falklands (Malvinas)

Julián Guarino

Oil & Gas

The panel at CIGRE Argentina’s BESS Seminar 2026, with Coral Energía and CAMMESA

Energy Storage

Batteries Amid a Transmission Crunch: Coral Energía Bets on Hybrid Projects Near Demand to Avoid Curtailment

The Corven Group company, which is developing 100 MW of storage awarded in the AlmaGBA tender with an estimated investment of US$90 million, argued at CIGRE Argentina’s BESS Seminar 2026 that the lack of transmission capacity makes it necessary to optimize costs and bring projects closer to demand

IMPSA expects to recover 672 MW within 24 months and add the first 160 MW at Macagua in about 90 days

Hydropower

IMPSA begins rehabilitation of the Macagua and Tocoma hydroelectric plants in Venezuela

The company expects to recover 672 MW within 24 months and add the first 160 MW at Macagua in about 90 days. The program calls for hiring more than 1,000 workers

Mayra Pérez Cauquoz

The Ministry of Economy approved the RIGI application and the investment plan submitted by Minera Agua Rica LLC, Sucursal Argentina

Copper in Catamarca

Argentina Formalizes Agua Rica's RIGI Entry as Glencore Declares $6.39 Billion Total Investment

Ministry of Economy Resolution 1854/2026 formalizes the MARA project’s admission to the regime, effective September 30. It records $3.31 billion in qualifying assets and $771.5 million for the first two years, and targets the start of operations in October 2031

Governments, organizations and companies analyzed the challenges of implementing new electricity interconnections across the region.

Power

OLACDE Plan Puts Regional Power Integration Benefits at Up to $5 Billion a Year

The Regional Electricity Interconnection Plan to 2040 assessed 16 potential cross-border links across Latin America and the Caribbean and found that 12 belong in the optimal base-case portfolio, with lower supply costs and stronger energy security among the expected gains

Marina Cappiello

Renewables

Genneia Opens 129.2-MW San Juan Sur Solar Plant, Expected to Generate 374 GWh a Year

Power

Embalse Outage Leaves Atucha II as Argentina's Only Operating Nuclear Plant Until Late November

Schneider Electric Launches Digital Medium-Voltage Switchgear in Argentina

Adriano Pires Steers Flavio Bolsonaro's Energy Agenda Ahead of Brazil Runoff

Mining

EXIM Bank has made no commitment to Los Azules

Mining

Los Azules Mining Fleet Tender Tests EXIM Bank's Path Into $2.4 Billion Debt Package

More News on Shale24

Toyota Well, the automaker’s production system adapted to well construction, has been in operation for two years

Oil & Gas

YPF's Toyota Well Program Frees Up More Than $1 Billion in Working Capital

Speaking in Rosario, CEO Horacio Marín raised YPF's Vaca Muerta rig target to 30 for next year and laid out Argentina LNG's cost structure five weeks ahead of the project's planned final investment decision

OIL & GAS

TotalEnergies to Buy 70% of San Lorenzo SAF Output for Eight Years, Marín Says

At the Rosario Board of Trade, YPF's chief executive projected $500 million in annual exports from the Santa Fe biorefinery by 2030 and gave the first public account of how the idle plant became a SAF project

Profertil’s urea and ammonia plant, with its own dock on the Bahía Blanca estuary.

Oil & Gas

Saipem Returns to Profertil to Design Urea Expansion Built on Vaca Muerta Gas

The Italian contractor will work with Techint E&C for 11 months on a new 4,450 t/d urea unit in Bahia Blanca. Adecoagro is weighing an investment of up to $2 billion and a RIGI application, while Pampa Energía's own urea plant is already moving ahead

The Donald Trump administration is considering expanding financing for mining, energy, and infrastructure projects in Argentina

Energy Policy

U.S. Signals Argentina Financing Could Exceed EXIM's $7 Billion Ceiling

A State Department official who led a joint mission with EXIM and the DFC said talks already cover larger amounts for infrastructure and critical sectors. The DFC is assessing some 20 projects, including a loan to Vista Energy and talks with Pampa Energía on TGS's NGL project.

On Route 7, 15 kilometers will be resurfaced between the border with Río Negro and the junction with Route 8.

Oil & Gas

Neuquen Ratifies $177.6 Million Road Deal With 15 Vaca Muerta Operators

Operators will advance the funds against future royalties and recover them through royalty deductions or tolls. The works cover about 160 km of provincial routes 7, 8 and 51, in the corridor serving the fields around Anelo.

The project commits US$12.4 billion over 25 years and was announced at the Argentine Embassy in Paris

Oil & Gas

Pluspetrol Wins RIGI Approval for $12.4 Billion Vaca Muerta Development

Bajo del Choique-La Invernada, acquired from ExxonMobil in 2024, lifted oil output from 13,047 to 46,594 bbl/d in a year and already delivers 93% of its first-phase target. At $20 million per well, the plan costs more than the two shale oil developments already in the regime.

Tettamanti Rules Out Extending Plan Gas as Argentina Moves Domestic Gas Supply to Private Contracts

GeoPark Completes Venezuela Entry as Grupo Gilinski Takes Shareholder Control

Safety Rules Must Keep Pace With Energy Storage

PSJ Cobre Mendocino signs preliminary agreement with Metso for its processing plant, which will raise capacity to 42,000 tonnes per day

Genneia Sets November 3 Tender for Up to $30 Million in Green Bonds to Fund Battery Storage

TGS: liquids now generate the same operating income as gas transportation, and the company nearly tripled the funds it allocates to investment

Finning’s Germán Wilson: “Once Metal Mining Is Up and Running, Argentina Will Need Equipment That Does Not Exist in the Country Today”

Vaca Muerta Shale Play

Argentina and the United States strengthen nuclear cooperation, focusing on regulatory harmonisation and SMRs

YPF Files $8.7 Billion RIGI Application for Bajo del Toro, Targeting 80,000 bbl/d in Northern Vaca Muerta

EXIM weighs expanding its line for Argentina to US$10 billion: U.S. backing could reach US$30 billion, AmCham says

Oldelval Weighs Second Northern Vaca Muerta Pipeline as Duplicar Norte Hits 60%

Tecpetrol's Los Toldos II Este Secures RIGI Approval With 380-Well Plan Through 2054

Oil & Gas

Batteries Amid a Transmission Crunch: Coral Energía Bets on Hybrid Projects Near Demand to Avoid Curtailment

IMPSA begins rehabilitation of the Macagua and Tocoma hydroelectric plants in Venezuela

Argentina Formalizes Agua Rica's RIGI Entry as Glencore Declares $6.39 Billion Total Investment

OLACDE Plan Puts Regional Power Integration Benefits at Up to $5 Billion a Year

Renewables

Genneia Opens 129.2-MW San Juan Sur Solar Plant, Expected to Generate 374 GWh a Year

Power

Embalse Outage Leaves Atucha II as Argentina's Only Operating Nuclear Plant Until Late November

Schneider Electric Launches Digital Medium-Voltage Switchgear in Argentina

Adriano Pires Steers Flavio Bolsonaro's Energy Agenda Ahead of Brazil Runoff

Mining

Los Azules Mining Fleet Tender Tests EXIM Bank's Path Into $2.4 Billion Debt Package

More News on Shale24

YPF's Toyota Well Program Frees Up More Than $1 Billion in Working Capital

TotalEnergies to Buy 70% of San Lorenzo SAF Output for Eight Years, Marín Says

Saipem Returns to Profertil to Design Urea Expansion Built on Vaca Muerta Gas

U.S. Signals Argentina Financing Could Exceed EXIM's $7 Billion Ceiling

Neuquen Ratifies $177.6 Million Road Deal With 15 Vaca Muerta Operators

Pluspetrol Wins RIGI Approval for $12.4 Billion Vaca Muerta Development

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EXIM weighs expanding its line for Argentina to US$10 billion: U.S. backing could reach US$30 billion, AmCham says

Merey 16: What Venezuela’s heavy crude looks like when freshly produced and the role Iran plays in the value chain

YPF Files $8.7 Billion RIGI Application for Bajo del Toro, Targeting 80,000 bbl/d in Northern Vaca Muerta

Genneia Sets November 3 Tender for Up to $30 Million in Green Bonds to Fund Battery Storage

Seven Strategic Projects, $30 Billion-Plus: Argentina's Largest Private Energy Infrastructure Cycle