$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. But it may help Argentina’s shale industry keep their momentum going. Argentina holds some of the largest shale potential outside of the United States.

Volkswagen investing €560M in Argentina plant for new MQB-based SUV

Green Car Congress

Volkswagen is investing some €560 million (US$652 million) over the next five years in the production of a new MQB-based SUV in Pacheco, Argentina. From 2020, the plant will deliver the new model built in Argentina to the entire South American continent. The new vehicle project in Argentina is a part of the Volkswagen brand’s largest product offensive in the South America region. Key drivers behind this positive development are Brazil and Argentina.

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Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

Green Car Congress

Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere. Yet unlike the production boom unleashed by the shale revolution in the United States, Argentina’s vast shale plays have remained comparatively idle.

GM to invest $450M in Argentina

Green Car Congress

Akerson was joined by Argentina President Cristina Fernández de Kirchner; GM South America President Jaime Ardila; and GM Argentina President Isela Costantini. GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011. The upcoming expansion of the plant will allow GM Argentina to add new vehicles for export and to continue refreshing the Chevrolet vehicle portfolio for dealers and customers in Argentina.

Argentina’s YPF and Bridas, 50% owned by CNOOC, to invest $1.5B in Vaca Muerta shale oil development in Argentina

Green Car Congress

Argentina state-owned energy company YPF and Bridas, an Argentina-based oil and gas company 50% owned by China National Offshore Oil Corporation, agreed to invest $1.5

Soros signals Argentina’s shale is biggest place to be; doubles stake in YPF SA

Green Car Congress

One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize—and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. The newest discovery is certainly vindication for Soros’ gamble on Argentina. by James Stafford of Oilprice.com.

Toyota Tsusho venture starts full-scale lithium production at Salar de Olaroz, Argentina

Green Car Congress

an Argentine lithium development company in which it owns a stake, has officially started lithium production at Salar de Olaroz in Jujuy Province, northwestern Argentina. This project marks the first investment by a Japanese company into lithium carbonate development in Argentina.

Bio-isobutanol company Gevo signs licensing and joint development agreements with Porta in Argentina; corn feedstock

Green Car Congress

to construct multiple isobutanol plants in Argentina using corn as a feedstock. As one of the leading engineering, procurement and construction (EPC) service providers to the ethanol industry in Argentina, Porta would provide the EPC services for the projects. We are excited to leverage their EPC expertise and their local Argentinian presence to accelerate the adoption of our isobutanol technology throughout Argentina, and potentially elsewhere in South America. Gevo, Inc.

Nissan investing $600M in Argentina; domestic production of new pick-up

Green Car Congress

Nissan Motor will invest $600 million in Argentina and will become an Original Equipment Manufacturer (OEM) with the domestic production there of an all-new NP300 Frontier pick-up. With the expansion, Nissan is making Argentina a key component of its regional strategy eventually to position itself among the Top 3 brands in Latin America. The NP300 Frontier will be launched and sold in Argentina toward the end of 2015, initially imported from México.

SQM and Lithium Americas announce joint venture to develop lithium project in Argentina

Green Car Congress

LAC) are forming a 50/50 joint venture to develop the Caucharí-Olaroz lithium project in Argentina. Sociedad Química y Minera de Chile S.A. SQM) and Lithium Americas Corp. This joint venture went into effect following a capital contribution of US$25 million by SQM in exchange for a 50% ownership stake in Minera Exar, a wholly owned subsidiary of LAC.

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YPF and Dow to partner on shale gas in Vaca Muerte; first shale gas project in Argentina

Green Car Congress

Argentina state-owned energy company YPF and Dow Chemical have signed a memorandum of understanding jointly to develop shale gas in the Vaca Muerta. In December, YPF and Bridas, an Argentina-based oil and gas company 50% owned by China National Offshore Oil Corporation, agreed to invest $1.5 The commitment would cover the development of the first shale gas pilot project in Argentina.

Evonik builds new catalyst plant for biodiesel production in Argentina

Green Car Congress

Germany-based Evonik Industries is building a new plant for manufacturing catalysts for biodiesel production in Argentina. It will primarily serve markets in Argentina and Brazil, with an annual capacity of more than 60,000 metric tons. Based on the successful use of the new production technology in the US, the plant in Argentina will follow the same design type.

Lux Research: Australia best positioned to be next big shale play; China and Argentina next

Green Car Congress

China and Argentina are close behind, according to Lux, although the former remains plagued by poor infrastructure, local turf wars, and challenging geology while the latter retains elements of instability both economically and politically.

ExxonMobil discovers oil and gas in Argentina shale well; expands presence in Permian shale in US

Green Car Congress

ExxonMobil Exploration Argentina, jointly with Gas y Petróleo del Neuquén, has discovered oil and gas in an unconventional shale well in Neuquén Province of Argentina. Not all shales are alike, so our first ExxonMobil-operated discovery in the Vaca Muerta play is a very positive sign that the shale in this area of Neuquén Province holds great promise as a liquids-rich unconventional resource for Argentina.

Balqon Expands Heavy-Duty Electric Truck Distribution into Argentina

Green Car Congress

Balqon Corporation, an emerging developer and manufacturer of heavy-duty electric vehicles for Class 7 and Class 8 applications ( earlier post ), has entered into a Dealer Agreement with Autoelevadores Yale, a leading distributor of material handling equipment and electric vehicles in Argentina.

Toyota Tsusho JV to begin lithium production in Argentina in 2013; supplies for Toyota Motor

Green Car Congress

will begin lithium production in the Salar de Olaroz Lithium-Potash Project in Argentina in 2013 through its joint venture with Australian mining concern Orocobre Ltd. Results of a feasibility study at the site, a salt lake in northwestern Argentina, showed estimated deposits of 6.4 Nikkei. Toyota Group company Toyota Tsusho Corp.

Córdoba (Argentina) City Council and Renault-Nissan Alliance Sign EV LOI

Green Car Congress

The Córdoba (Argentina) City Council and the Renault-Nissan Alliance have signed a letter of intent (LOI) on joint research into how electric vehicles can improve quality of life and environmental conditions for the citizens of this provincial capital. Córdoba is the first city in Argentina, and the second in South America, after São Paulo, to sign this kind of agreement.

Argentina and Venezuela to cooperate in $2.2B 100,000 bpd extra-heavy oil joint venture in Orinoco Belt

Green Car Congress

Argentina and Venezuela will form a joint venture targeting production of 100,000 barrels of extra-heavy oil per day in the Junin field area of the Orinoco Oil Belt.

Cargill to Invest $112M in Co-generation and Soy Biodiesel Plants in Argentina

Green Car Congress

Cargill will invest a total of US$112 million in an 18 MW co-generation plant and a soybean biodiesel production plant with a processing capacity of 240,000 tons per year in Argentina.

Tweeting Clever: Smart Of Argentina Rules At Twitter

Green Car Reports

Smart of Argentina is one of those, sticking by the mantra Most car companies really suck at Twitter. There, we said it. For every company using it as a glorified advertising platform there's another trying to get 'interactive' in a way that's so hideously over-friendly they're like the attention-seeking kid at school. Some, however, get it right.

Toyota digs for Lithium

Revenge of the Electric Car

Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd. From the Reuters post: “A sister company to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world’s largest automaker keep its lead in gasoline-electric hybrid cars.

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Electric race car travels from Alaska to Argentina

Green Cars News

An electric sports car has completed an epic journey from the outskirts Arctic Circle to the southern most tip of South America. The British team behind the Racing Green Endurance challenge finished their 26,000km journey yesterday after just 70 days. The 400bhp twin-motor SRZero sportscar is a fully electric car with a driving range of [.].

EIA: New import duties drove biomass-based diesel imports down in 2017

Green Car Congress

New US contracts for biodiesel from Argentina slowed upon announcement of DOC anti-dumping and countervailing investigations in March 2017. US imports of biomass-based diesel, which include biodiesel and renewable diesel, totaled 14.1

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Green Car Congress

Driven by the rise of battery gigafactories and game-changing Powerwall and energy storage businesses, the world now finds itself at the beginning of a lithium super cycle that is all about securing new supply, much of which is poised to come from lithium superstar Argentina.

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Surge in natural gas vehicles predicted

Green Cars News

Currently, the top five markets for natural gas vehicles are Pakistan, Argentina, Iran, India and Brazil with Pike Research anticipating that India will be the fastest growing market at a rate of 18.4 Tags: Green cars Latest news Argentina Brazil Cleantech india Iran natural gas cars natural gas vehicles Pakistan Pike Research US natural gas vehicles

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BYD the recommended company for Argentinian tender for 50 electric buses

Green Car Congress

BYD has been officially selected as the recommended company by the evaluation committee in Argentina for the purchase of 50 electric buses on behalf of the Ministry of Environment. BYD begun the promotion of its technologies in Argentina in 2011 through its local subsidiary, especially those related to electric vehicles and public transport. To better satisfy market demands, BYD plans to build a new local manufacturing plant in Argentina.

Total greenlights Vega Pleyade gas field development offshore Tierra del Fuego

Green Car Congress

Total (operator, 37.5%) has made the final investment decision to develop the Vega Pleyade gas and condensate field offshore Tierra del Fuego, Argentina in the Southern Atlantic. interest, alongside partners Wintershall Argentina (37.5%) and Pan American Energy (25%).

The Future of Electric Cars Could Lie in.Afghanistan?

All Cars Electric

Today's sources of lithium are far and few: Bolivia has something like 40 percent of the world's deposits, while Russia, South Africa, Chile and Argentina have some. Electric cars like the 2011 Nissan Leaf require lots of lithium and other precious heavy metals to make them go. This weekend, the New York Times reported that the war-ravaged country

Mercedes-Benz Vans shows pickup truck concepts; market launch in late 2017; diesel V6

Green Car Congress

The key markets will be Argentina, Brazil, South Africa, Australia with New Zealand, and Europe. The X-Class for the Latin American market will roll off the assembly lines at the Renault plant in Cordoba, Argentina, starting in 2018. Argentina comes close behind with 11.6%.

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Roskill: Chinese companies step up their pursuit of lithium resources

Green Car Congress

Nextview takes control of the Sal de los Angeles lithium brine project in Argentina, containing over 2Mt LCE of resources. Roskill believes Corfo’s statement on competition is exaggerated but clearly the goal is to prevent control of Chile’s strategic and now expandable Atacama asset falling into Chinese hands, a situation that the governments of Argentina and Australia also face but, perhaps, of more concern to ex-China automakers that have been slower to ensure lithium supply security.

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16,000 Miles in an Electric Car? Mission Accomplished

All Cars Electric

A team of intrepid engineers turned explorers have just finished an epic road-trip from Chena Hot Springs Alaska to Ushuaia, Argentina. Built in 9 months by a team of graduates from Imperial College London, the two-seat modified racing car drove over the finish line 135 days after it began its odyssey, powered by nothing but electricity High hopes

EIA: US biodiesel and renewable diesel imports decline 36% in 2014

Green Car Congress

EIA attributed the decline mainly to uncertainty surrounding future Renewable Fuel Standard (RFS) targets and the absence of a late-year influx of volumes from Argentina. The 212 million gallons of biodiesel imported into the United States in 2014 was sourced primarily from Canada (47%), reclaiming its spot as the top US supplier after being surpassed by Argentina in 2013. US imports of biodiesel from Argentina fell by 57% from 2013 to 52 million gallons in 2014.

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VIDEO: Racing Green: The Ultimate Electric Car Expedition, Airs January 1

All Cars Electric

To drive the 16,000 miles from Alaska to Argentina in an electric car. Back in 2009 we were approached by a press representative for Racing Green Endurance, a team of 20-something post-graduate engineers from Imperial College London. We didn't hear from them again until June this year, when we met up with them in London. Their goal? We had to be

Wärtsilä axial waterjets power world’s fastest high-speed ferry; fueled by LNG

Green Car Congress

It will transport both passengers and cars between Uruguay and Argentina. The ferry will have an operating speed of 50 knots, and in crossing the River Plate (Rio de la Plata) at high speed, the ferry will be able to viably compete with air traffic between Uruguay and Argentina.

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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. The Agile is targeted for emerging markets such as Brazil, Argentina, Paraguay and Uruguay (Mercosur).

Ford building new $1.6B plant in Mexico for small cars

Green Car Congress

Vehicles produced in Mexico also serve customers in the US, Canada, China, Argentina, Bolivia, Brazil, Colombia, Chile, Paraguay, Peru, Uruguay and South Korea. Ford is investing US$1.6 billion in a new small car plant in Mexico, building a new manufacturing site in San Luis Potosi State. Construction begins this summer. Specific vehicles being produced at the new facility will be announced later.

Volkswagen launches new engineer training program for ID EV family

Green Car Congress

Plants in China, Brazil, Argentina, the US and Mexico are also participating in the program, which is supported by Volkswagen’s volunteering initiative and local universities. The Volkswagen brand has launched a program—the “Future Electronic Engineer Program” (FEEP)—to train 100 young engineers and skilled workers throughout the world as top production experts in e-mobility. The first participants to complete the three-year program will support the run-up phase of the I.D.

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Chevron, YPF sign to develop Vaca Muerta Shale; initial outlays of $1.2B

Green Car Congress

Chevron Argentina currently produces an average of 21,000 barrels of crude oil and 4 million cubic feet of natural gas in the Neuquén Basin, where it holds operated interests ranging from 18.8 In December 2012, YPF and Bridas, an Argentina-based oil and gas company 50% owned by China National Offshore Oil Corporation, also agreed to invest $1.5 A subsidiary of Chevron Corporation signed an agreement with affiliates of the Argentine oil company YPF S.A.

SEAT Componentes to manufacture new 6-speed manual for Volkswagen Group MQB platform; 450K units/year

Green Car Congress

Located in El Prat de Llobregat, this is one of the facilities owned by the Volkswagen Group worldwide for the manufacture of transmissions, together with the ones in Kassel (Germany), Mladá Boleslav and Vrchlabi (Czech Republic), Córdoba (Argentina) and the four plants located in China (Tianjin, Dalian, Changchun and Anting).

Volkswagen Group deliveries top 1 million vehicles in one month for first time in September

Green Car Congress

There were sizeable increases in Brazil (+110.5%) and Argentina in particular. In September, the Volkswagen Group delivered more than 1 million vehicles to customers—the Group’s highest level for a single month. million, deliveries were 6.6% up on the previous year. This record result demonstrates the strength of the Volkswagen Group. Vehicles from our brands are thrilling more and more customers worldwide – our new SUVs in particular are very popular.

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