Green Car Congress
MARCH 13, 2016
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. per million Btu (MMBtu).
Green Car Congress
DECEMBER 29, 2012
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 While most of the development is targeting unconventional oil will, a portion will be for wet gas exploitation. Vaca Muerta shale.
Green Car Congress
APRIL 5, 2013
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 Earlier post.).
Green Car Congress
JULY 17, 2013
A subsidiary of Chevron Corporation signed an agreement with affiliates of the Argentine oil company YPF S.A. that furthers the development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province. billion over the next 24 months to begin development in the shale oil deposits in the region.
Green Car Congress
JULY 20, 2011
an indirect wholly-owned subsidiary of CNOOC, will acquire oil sands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oil sands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a
Green Car Congress
DECEMBER 14, 2009
Exxon Mobil Corporation is acquiring XTO Energy Inc. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. in an all-stock transaction valued at $41 billion.
Green Car Congress
NOVEMBER 11, 2011
Sinopec Group, ranked the 5th in the Fortune Global 500 in 2011, is China’s largest producer of refined oil products and major petrochemical products and its second largest crude oil producer. In 2010, its annual oversea equity oil production reached 127 MMbbl. billion bbl and 4.41 Tcf, respectively. billion bbl and 4.41
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