The Norwegian and Dutch specialists will transport, install, and connect the soft yoke (SSY) mooring systems for the Hilli Episeyo and MKII FLNG vessels in Argentina's Golfo San Matías in Río Negro province. Combined capacity of 5.95 MTPA is scheduled to reach the Atlantic market in 2027 and 2028.
Power transformers carry lead times of 12–24 months and have become the silent bottleneck of the energy transition — and Argentina's high-voltage grid has not added trunk capacity since 2017
The grid recorded 3,049.5 GWh of wind output in January–February, with PCR's Mataco 3 Picos topping the production ranking and Arauco's newly commissioned stages posting a 187.5% surge. Whether 2026 can break the 2025 annual record of 18,628 GWh will hinge on the May–August Patagonian wind season.
Islamic Revolutionary Guard Corps ballistic missiles and drones struck Al Jubail Industrial City on Monday, igniting fires at SABIC facilities as Brent crude traded near $110/barrel — up nearly 80% year-to-date. JPMorgan warns of direct fuel shortages across South and Southeast Asia. Approximately 50 Qatari LNG tankers remain idle in Asian ports.
The alliance on Sunday endorsed in principle the same quota increment as April, but Saudi Arabia, the UAE, Kuwait, and Iraq cannot execute it while the Strait of Hormuz remains closed. Brent touched a four-year high of $119.50 this week; JPMorgan warns prices could top $150 if the strait stays blocked through mid-May
The company will bring four to five additional drilling rigs online in staggered increments through 2026, timed to match first crude injection into the Vaca Muerta Oil Sur pipeline
With Neuquén crude output at 600,000 bbl/d and the Duplicar Plus system approaching saturation, Argentina's two main midstream operators are racing to build crude, gas, and NGL evacuation infrastructure — and manage the capacity gap in between
The company has sold its operating stakes in Los Toldos I Sur and Pampa de las Yeguas I to a U.S.-backed buyer — completing a 15-month portfolio reset that began the day it closed its $1.75 billion acquisition of ExxonMobil's Argentine subsidiary in December 2024
ADNOC's LNG subsidiary disclosed "temporary operational adjustments" at its 6 MTPA Das Island plant after navigation disruptions in the Strait of Hormuz — making it the second major Gulf LNG exporter to report output cuts in three weeks, following Iranian missile strikes on QatarEnergy's Ras Laffan liquefaction infrastructure
In an Oil Flash Note, the bank’s Global Markets Strategy team estimated that the price effect of crude on global demand would trim just 1 million barrels per day in April. But there is a second form of demand destruction that standard elasticity does not capture: the one that occurs when physical inputs simply do not arrive. JPMorgan documented it company by company in Asia and concluded it is already underway.
John Mearsheimer argues that no one can tell a credible story about how the conflict with Iran ends. For energy markets, that uncertainty is not rhetorical — it is a pricing variable. Brent crude hit $119, and analysts warn that the geopolitical risk premium is here to stay.
The Islamic Revolutionary Guard Corps (IRGC) did not need a war fleet to paralyze 20% of the global oil supply. Targeted attacks on commercial vessels — and the collapse of the maritime insurance market that followed — were enough. Now there are mines in the water that struck the cargo ship Mayuree Naree today in the Strait of Hormuz.
Kuwait declared force majeure on Saturday, Iraqi production has collapsed 70%, and Japan is considering a unilateral release of strategic reserves. Brent hit its highest level since 2022, and operators in Vaca Muerta face a week with more questions than answers.
The company coordinated the international project cargo operation from France to the San Jorge Gulf Basin for two modular polymer injection plants, a key component of its tertiary recovery (EOR) plan, which calls for significant investment.
A focal point of international tensions, Iran holds the world’s third-largest proven oil reserves, estimated at about 208 billion to 209 billion barrels at the end of 2024, accounting for roughly 12% of global reserves and 24% of those in the Middle East
