BUENOS AIRES, Jan 28 (Reuters) - Argentina's YPF on Wednesday signed a preliminary agreement with China's Sinopec to enter a new joint venture exploring for oil and gas in the South American country,...
BUENOS AIRES, Jan 15 (Reuters) - Argentina's state-run energy company YPF said on Thursday an open-ended strike by oil workers in the province of Mendoza was causing a shortage of fuel at its service stations there and risked impacting supply throughout the country.
earnings release capped a busy week for Repsol, which also named a new CEO and essentially sold its entire remaining stake in YPF . On the recommendation of current Chairman and CEO Antonio Brufau, Josu Jon Imaz will assume the role of CEO. Imaz has been
newbuild plans for fiscal 2014 up to 44 FlexRigs. On the international side, H&P also signed new five-year contracts with YPF in Argentina, where H&P will deploy 10 existing FlexRigs from the United States to work in the Vaca Muerta play. The first
one of the biggest drivers of frontier markets was Argentina. You had a big oil and gas company bouncing there off a bottom, YPF . And this year we have a different story. Those companies aren't doing so well. Argentina has seen a much rougher environment
very profitable as 40% of its transactions tap into Fed’s free ACH service; pg 21; see link below]; Argentina’s YPF [stock 2x in 2013; potential for 3x more? pg 22]; Darden [ DRI ; conditional bullish/bearish – stock is up on restructuring
Argentinian government over the expropriation of its 51% stake in YPF . A final agreement has yet to be reached, but the settlement ..... the agreement. Currently, we don't include any value for YPF in our fair value estimate. However, based on current exchange
equivalent in the first half of the year) in the wake of the YPF expropriation are on track. Earnings growth is proving more ..... Latin America. Finally, any potential compensation for its YPF stake remains in doubt, though it would provide valuation upside
foreign investors. In April, this was demonstrated again with the expropriation—that is, the government takeover—of YPF , an oil company. Emerging markets equities typically trade at a valuation discount to developed market equities because, in
recently nationalized the oil and gas company YPF . In Tenaris' earnings conference call ..... precipitating factor in the nationalization of YPF ). For our part we haven't seen any indications ..... However, given the recent nationalization of YPF we will be keeping a close eye on the situation