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
In less than 24 hours, Iran struck Ras Laffan twice — the world’s largest liquefied natural gas export complex before the conflict — and hit refineries in Kuwait and Saudi Arabia. The benchmark crude price is trading at levels not seen since 2022. For Argentina, the equation has two sides, and neither is neutral.
Since the United States and Israel struck Iran on Feb. 28, the Strait of Hormuz has entered an active crisis. Brent crude has risen above $100 a barrel for the first time in four years, the global liquefied natural gas (LNG) market has been shaken, and fertilizer prices have already increased by as much as 35%. Argentina is playing on both sides of the field.
Horacio Marín worked the margins of the event in New York with bilateral meetings aimed at structuring what several banks already position as the largest project finance deal in Latin America. JPMorgan Chase is acting as adviser and has already begun outreach to more than 200 financial institutions worldwide. The final investment decision (FID) is targeted for the second half of 2026.
It is the biggest LNG supply shock since the Russian invasion of Ukraine. In that scenario, Argentina has the right answer — but it still does not have the ship
Associated gas — the gas that inevitably emerges as a byproduct of oil production in the black oil and liquids-rich window of the Neuquén formation — is rich in high-value components. In January, output climbed to 26.7 million cubic meters per day, setting a historic record. The industry is closely monitoring the trend, as it could open the door to a new business opportunity.
The swap with Pluspetrol could act as a catalyst to unlock the project, where key players have already begun positioning themselves. By consolidating control over high-density gas areas, YPF is building the stable, large-scale supply base needed to make a megaproject like Argentina LNG financially viable.
Innovative solutions use energy-saving algorithms that evaluate the time of day, natural lighting and the total load on the power grid, ensuring stadiums operate at maximum efficiency regardless of the
YPF and Pluspetrol sealed a cashless asset swap that will allow the state-controlled oil company to consolidate full control of three key areas in Vaca Muerta, while the private firm repositions itself in high-potential blocks through Vaca Muerta Inversiones.
The memorandum acts as a kind of “local RIGI,” setting out clear conditions and long-term commitments for executing the project within provincial territory.
