The U.S.-based engineering and construction major — builder of BHP's Escondida expansion, Teck's Quebrada Blanca Phase 2 and Cheniere's Sabine Pass LNG terminal — confirmed the return after Chairman and CEO Brendan Bechtel met Argentine Foreign Minister Pablo Quirno in Buenos Aires
The Italian major has flagged Argentina LNG as a top 2026 FID in both its SEC filing and Capital Markets Update, with YPF and ADNOC's XRG as partners. A 12 MTPA FLNG scheme in the Golfo San Matías is the entry point to a 30 MTPA ceiling, and potentially the largest private project finance loan in Argentine history.
The German utility that signed the first long-term offtake contract for Argentine LNG has asked Berlin to approve a capital increase of as much as €2 billion — the first formal step in an ownership dilution mandated by the European Commission
Oil India (OIL), GAIL, and ONGC Videsh signed a non-binding memorandum of understanding with YPF for up to 10 million tonnes per year of LNG — the second such agreement in two years. While the long-term contracts remain non-binding, LPG shipments to India in the first quarter of 2026 more than doubled the total volume sent in all of 2025.
The province formalized Pluspetrol's 50% cession to YPF in three feeder blocks. The third pillar — a provincial LNG law with a differentiated methane royalty — remains open.
After 21 hours of negotiations in Pakistan collapsed without agreement on Iran's nuclear program or the Strait, Trump posted on Truth Social that the Navy would immediately blockade all vessels entering or exiting the waterway. Brent, around $95 before the announcement, surged more than 8% on Monday to above $103.
US Vice President Vance left Pakistan without a deal on Iran's nuclear program or Strait of Hormuz access. Hours later, ADNOC's CEO issued his sharpest statement since the conflict began, denying Iran's claimed right over the waterway. Saudi Arabia restored its East-West pipeline to full capacity of 7 million bpd.
WTI's sharp intraday loss resets the oil market to $94 a barrel, but three unresolved variables — the April 10 Islamabad negotiations, Israel's Lebanon operation, and the unaccepted terms of Iran's 10-point proposal — keep both the April 21 deadline and the price in play
Bahía Blanca shipped more LPG to India in the first three months of 2026 than in all of 2025. Vortexa data show 78% of those cargoes sailed before the conflict disrupted Strait of Hormuz transit
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.
Israeli forces struck Iran's largest petrochemical plant at Asaluyeh this morning, compounding last week's attack on a second major facility in the South Pars complex. Israeli Defense Minister Israel Katz confirmed the operation. TTF faces fresh upward pressure on the same day ENARSA received technical bids in Argentina's private winter LNG tender
The real constraint isn't capital: the three OEM suppliers capable of rebuilding Ras Laffan's liquefaction trains entered 2026 with two-to-four-year backlogs — and Argentina needs the same equipment to build its own LNG export capacity
From floating LNG to crude export pipelines and NGL fractionation, a concurrent buildout across Vaca Muerta's full value chain represents the largest private investment cycle in Argentina's energy sector this century
The Italian major's CEO argued that speed of monetization — not capital retrenchment — is the right response to energy market volatility; Argentina, where ENI is committed to a $20 billion LNG project and a new deepwater block off Uruguay, is among his clearest test cases
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
