Markets - Nyland South Energy

YPF targets November FID for $51 billion Argentina LNG project with 18 MTPA capacity

YPF aims to finalize investment decisions for Argentina LNG by November 2026, with construction slated for February 2027. The project targets 18 million tonnes per annum of LNG capacity through floating liquefaction units, backed by Italy’s Eni and Abu Dhabi’s XRG. Securing offtake contracts remains critical before the final investment decision can proceed. YPF president […]

YPF targets November FID for $51 billion Argentina LNG project with 18 MTPA capacity Read Post »

Argentina, Markets, Oil & Gas

Pluspetrol completes asset swap with YPF, enters two Vaca Muerta blocks operated by Shell

Pluspetrol formalized its entry into La Escalonada and Rincón La Ceniza blocks in Vaca Muerta through a direct 20% stake acquired via asset exchange with YPF. The transaction, confirmed September 14 to Argentina’s securities regulator, reshapes partnerships in two strategic Shell-operated blocks and consolidates YPF’s control over three conventional Neuquén basin areas. The move positions

Pluspetrol completes asset swap with YPF, enters two Vaca Muerta blocks operated by Shell Read Post »

Brazil, Markets, Oil & Gas

Petrobras secures 20-year LNG supply from Sempra’s Texas facility in first South American client deal

Brazil’s state-controlled Petrobras has locked in long-term liquefied natural gas supplies from the United States through 2046, reducing exposure to spot market volatility as it diversifies its gas procurement portfolio. The deal marks Sempra Infrastructure’s first South American offtake agreement and adds to the commercial underpinning of the Port Arthur Phase 2 development in Texas.

Petrobras secures 20-year LNG supply from Sempra’s Texas facility in first South American client deal Read Post »

Argentina, Markets, Raw Materials

Ganfeng closes $180 million convertible note investment in Lithium Argentina to refinance debt and advance dual-project expansion

Ganfeng Lithium has completed a $180 million strategic investment in Lithium Argentina through a six-year unsecured convertible note, strengthening the Swiss-based miner’s balance sheet as it moves toward simultaneous expansion at two lithium operations in Argentina’s northwest. The transaction positions Ganfeng to increase its equity stake to 16.1 percent if the note converts, while Lithium

Ganfeng closes $180 million convertible note investment in Lithium Argentina to refinance debt and advance dual-project expansion Read Post »

Argentina, Markets, Oil & Gas

Chevron Includes Argentina in Global LNG Portfolio Expansion Amid Geopolitical Supply Disruption

US energy major Chevron is evaluating Argentina for incorporation into its global liquefied natural gas supply portfolio, positioning Vaca Muerta alongside the Eastern Mediterranean, Australia and Africa as strategic expansion targets. The company manages approximately 20 million tonnes per annum of LNG supply and views diversification as essential following recent disruptions in the Persian Gulf

Chevron Includes Argentina in Global LNG Portfolio Expansion Amid Geopolitical Supply Disruption Read Post »

Industry, Markets, Venezuela

Private AI Campus Project in Venezuela Proposes 80 MW Self-Generation to Address Grid Reliability

A private initiative named TP AI Factory is structuring a technology campus dedicated to artificial intelligence infrastructure on more than 50 hectares of industrial land in the Guarenas-Guatire corridor in Miranda state, central-northern Venezuela. The project’s defining feature is an integrated energy generation system designed to bypass dependence on the national grid, a response to

Private AI Campus Project in Venezuela Proposes 80 MW Self-Generation to Address Grid Reliability Read Post »

Markets, Venezuela

GE Vernova commits to 1 GW power addition in Venezuela within 24 months under DOE-backed grid recovery plan

The US Department of Energy announced an agreement with GE Vernova on September 2, 2026, targeting the addition of 1 gigawatt of reliable electric capacity in Venezuela within two years, followed by 5 GW over the subsequent four years. The plan addresses Venezuela’s structural power deficit of approximately 2,000 MW against national demand exceeding 14,000

GE Vernova commits to 1 GW power addition in Venezuela within 24 months under DOE-backed grid recovery plan Read Post »

Markets, Peru

ISA ENERGÍA energizes first phase of $40 million Chimú substation project south of Trujillo

ISA ENERGÍA has brought the first phase of its Ampliación 24 transmission project into operation in La Libertad, with the full scope slated for completion by mid-2027. The infrastructure targets subtransmission capacity expansion for a region serving nearly one million people, as demand continues to rise south of Trujillo. ISA ENERGÍA through its Peruvian subsidiary

ISA ENERGÍA energizes first phase of $40 million Chimú substation project south of Trujillo Read Post »

Argentina, Markets, Oil & Gas

YPF Maps Atlantic Offshore Strategy as Next Vaca Muerta While Navigating 25% Success Rate in Frontier Exploration

While YPF channels billions into Vaca Muerta development and export infrastructure, CEO Horacio Marín is directing a parallel offshore campaign designed to identify the shale formation’s eventual successor. The Atlantic South exploration program operates on a completely different timeline than unconventional production, focusing first on proving whether commercial volumes exist rather than drilling development wells.

YPF Maps Atlantic Offshore Strategy as Next Vaca Muerta While Navigating 25% Success Rate in Frontier Exploration Read Post »