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IEEFA
Bloomberg: Exxon Mobil Corp. is about to incur the biggest writedown in its modern history as the giant U.S. oil and gas producer reels from this year’s collapse in energy prices. Exxon — traditionally far more reluctant to cut the book value of its business than other oil majors — on Monday disclosed it will […]
IEEFA
Renewables Now: Argentina’s northernmost province of Jujuy announced Friday the start of power supply at the 300-MW Cauchari solar photovoltaic complex. The Argentine Wholesale Electricity Market Clearing Company (CAMMESA) issued the commercial authorisations to the Cauchari I, II and III PV parks, each with 100 MW of individual capacity. These plants started the sale of […]
IEEFA
PV Magazine: Representatives of Argentina-based Alcaal Group visited Chad at the beginning of August to discuss the prospects for investing in the country’s agribusiness and renewable energies, Idriss Déby, the Central African country’s president, announced on social media networks. Two days later, a memorandum of understanding was signed by the minister of finance and budget, […]
Frank Bass
The business case for renewables advances globally
Experts agree that the transition to renewable energy will continue to be driven by financial considerations independent of systemic shocks, such as the coronavirus pandemic or international price wars, according to analysis presented during the first week of IEEFA’s 2020 Energy Finance Conference. The annual convening of international energy, finance, and policy experts is being […]
Press Release, Kathy Hipple and Tom Sanzillo
Reduced investment plans by foreign partners make bad situation worse for struggling Patagonia oil and gas reserve
June 24, 2020 (IEEFA Argentina) — Once seen as a silver bullet to solve the country’s economic and energy problems, development of the vast Argentine oil and gas shale reserves known as Vaca Muerta (“Dead Cow”) in Patagonia has sputtered to a near-halt, according to a new report by the Institute for Energy Economics and […]
Press Release, Kathy Hipple and Tom Sanzillo
La reducción de los planes de inversión de los socios extranjeros empeora la ya mala situación de la reserva de petróleo y gas no convencional de Patagonia
24 de junio de 2020 (IEEFA, Argentina) — Según un nuevo informe del Instituto de Economía Energética y Análisis Financiero (IEEFA, por sus siglas en inglés), la explotación de las inmensas reservas de gas y petróleo no convencional conocidas como Vaca Muerta, que solía ser consideradas como panacea para resolver los problemas económicos y energéticos […]
IEEFA
The Guardian: Whether the post-pandemic world moves back to fossil fuels or forward to a clean economy will become clearer in the coming weeks as the International Monetary Fund (IMF) and Argentina decide whether to continue support for the vast Vaca Muerta oil and gas fields in Patagonia. The development aims to tap the second […]
Kathy Hipple
Was 2019 the year the music died?
2019 was an especially difficult year for the oil and gas industry. The energy sector (which does not include renewable energy) finished dead last in the S&P 500, the second year in a row it has held that distinction. In a year of improving oil prices, the energy sector still finished firmly in last place, […]
IEEFA
Renewables Now: Argentina’s northernmost province Jujuy announced on Saturday the completion of construction works and start of testing operations at the Cauchari I photovoltaic (PV) power plant, the last phase of the 312-MW Cauchari complex. Previous stages: Cauchari II and III, were completed in October this year. Together, the three phases represent an overall investment […]
Kathy Hipple, Tom Sanzillo and Press Release
Los inversores extranjeros pisan el freno ante la preocupante situación política y económica
6 de diciembre de 2019 (IEEFA) ‒ La actividad de la industria del petróleo y el gas en Vaca Muerta, la enorme reserva de esquisto situada en el norte de la Patagonia, Argentina, ha disminuido y en muchos casos se ha detenido por completo a la espera de que el presidente entrante del país fije […]
IEEFA report: Pandemic, price collapse may be final straw that sends Argentina’s ailing “Dead Cow” to slaughter
Reduced investment plans by foreign partners make bad situation worse for struggling Patagonia oil and gas reserveJune 24, 2020 (IEEFA Argentina) — Once seen as a silver bullet to solve the country’s economic and energy problems, development of the vast Argentine oil and gas shale reserves known as Vaca Muerta (“Dead Cow”) in Patagonia has sputtered to a near-halt, according to a new report by the Institute for Energy Economics and […]