Argentina

IEEFA Research

IEEFA report: Pandemic, price collapse may be final straw that sends Argentina’s ailing “Dead Cow” to slaughter

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 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 […]

Informe de IEEFA: El colapso de los precios provocado por la pandemia podría ser la gota que rebalse el vaso y termine definitivamente con la debilitada «gallina de los huevos de oro» de Argentina

Informe de IEEFA: El colapso de los precios provocado por la pandemia podría ser la gota que rebalse el vaso y termine definitivamente con la debilitada «gallina de los huevos de oro» de Argentina

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 Argentina: La producción de petróleo y gas en Vaca Muerta, en la Patagonia, a la espera de que el nuevo presidente del país marque el rumbo

IEEFA Argentina: La producción de petróleo y gas en Vaca Muerta, en la Patagonia, a la espera de que el nuevo presidente del país marque el rumbo

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 Argentina: Oil and gas production in Vaca Muerta, Patagonia awaits direction from new leadership

IEEFA Argentina: Oil and gas production in Vaca Muerta, Patagonia awaits direction from new leadership

Foreign investors hit pause button amidst concerns over political and economic environment

December 5, 2019 (IEEFA) ‒ Efforts by the oil and gas industry to develop Vaca Muerta, Argentina’s vast shale reserves in northern Patagonia, have slowed and in many instances, come to a halt, as the industry awaits direction from the country’s incoming president. Alberto Fernández, who will take office on December 10, has yet to […]

IEEFA brief: Political and economic crisis throws Argentina’s energy market into disarray

IEEFA brief: Political and economic crisis throws Argentina’s energy market into disarray

Investors waiting for October presidential election, which may not resolve problems

NEW YORK, October 7, 2019 (IEEFA) — Argentina’s energy market is in disarray, triggered by the political and economic crises that have gripped the country since August 2019 when President Mauricio Macri lost his primary bid for reelection, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Producers are slamming […]

Breve del IEEFA: Crisis política y económica pone en desorden el mercado energético de Argentina

Breve del IEEFA: Crisis política y económica pone en desorden el mercado energético de Argentina

Inversionistas a la espera de las elecciones presidenciales de octubre, que pueden no resolver problemas

NEW YORK, 7 de octubre de 2019 (IEEFA) — El mercado energético argentino está en un desorden desencadenado por las crisis políticas y económicas que se han apoderado del país desde agosto de 2019, cuando el presidente Mauricio Macri perdió su candidatura a la reelección, según un nuevo informe del Instituto de Energía Economía y Análisis […]

October 9, 2019 Read More →
Actualización IEEFA: Crisis financiera argentina ofrece oportunidad de repensar plan energético nacional

Actualización IEEFA: Crisis financiera argentina ofrece oportunidad de repensar plan energético nacional

Estrategia podría ajustarse para reflejar las tendencias del mercado y una mayor asequibilidad de las energías renovables

13 de septiembre de 2019 (IEEFA) – La crisis financiera argentina presenta una oportunidad para repensar su plan energético nacional, que depende excesivamente de las reservas no convencionales (fracking) de petróleo y gas en Vaca Muerta, Patagonia, según un informe publicado hoy por el Instituto de Economía Energética y Análisis Financiero (IEEFA). La nota informativa […]

IEEFA update: Argentina’s financial crisis offers chance to rethink national energy plan

IEEFA update: Argentina’s financial crisis offers chance to rethink national energy plan

Strategy could be adjusted to reflect market trends and increased affordability of renewables

September 10, 2019 (IEEFA) ‒ Argentina’s financial crisis presents an opportunity to rethink its national energy plan, which is overly dependent on unconventional (“fracking”) oil and gas reserves in Vaca Muerta, Patagonia, according to a briefing note released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The briefing note, A Silver Lining […]

IEEFA update: Eleven facts ExxonMobil would like investors to forget

IEEFA update: Eleven facts ExxonMobil would like investors to forget

Company’s Q2 earnings report reveals current and future challenges

ExxonMobil’s second quarter earnings report contained more red flags than usual (IEEFA update: Exxon’s Q2 report marks another signpost on the long road downwards). Its market capitalization is declining even as the bull market thunders on and it now appears all but certain that the company will fall out of the S&P 500’s top ten, […]

IEEFA report: Argentina’s Vaca Muerta Patagonia fracking plan is financially risky, fiscally perilous

IEEFA report: Argentina’s Vaca Muerta Patagonia fracking plan is financially risky, fiscally perilous

Major investors Chevron, ExxonMobil, Equinor, Total, Shell and Tecpetrol are depending on tenuous subsidies

New York/Buenos Aires (March 21, 2019) — The Vaca Muerta oil and gas project, which promises to double oil and gas production over the next six years in Argentina, is facing such strong headwinds from current fiscal, market, political and environmental forces that “the plan is likely to fail,” according to a report released today […]

More News and Commentary

ExxonMobil to take $20 billion writedown, cut development spending

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 […]

December 1, 2020 Read More →

Argentina’s 300MW Cauchari solar farm begins commercial operation

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 […]

September 28, 2020 Read More →

Chad looking to build 200MW solar project near capital of N’djamena

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, […]

August 12, 2020 Read More →

IEEFA Energy Finance Conference 2020 roundup: week one (July 14‑16)

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 […]

July 21, 2020 Read More →
IEEFA report: Pandemic, price collapse may be final straw that sends Argentina’s ailing “Dead Cow” to slaughter
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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 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 […]

Informe de IEEFA: El colapso de los precios provocado por la pandemia podría ser la gota que rebalse el vaso y termine definitivamente con la debilitada «gallina de los huevos de oro» de Argentina
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Informe de IEEFA: El colapso de los precios provocado por la pandemia podría ser la gota que rebalse el vaso y termine definitivamente con la debilitada «gallina de los huevos de oro» de Argentina

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 […]

Coming IMF review, oil price collapse puts future of Argentina’s Vaca Muerta development in doubt

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 […]

April 30, 2020 Read More →
IEEFA update: The terrible, horrible, no good, very bad year for oil and gas

IEEFA update: The terrible, horrible, no good, very bad year for oil and gas

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, […]

January 21, 2020 Read More →

Argentina completes construction at 312MW solar farm, eyes 200MW expansion

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 […]

December 9, 2019 Read More →
IEEFA Argentina: La producción de petróleo y gas en Vaca Muerta, en la Patagonia, a la espera de que el nuevo presidente del país marque el rumbo
, and

IEEFA Argentina: La producción de petróleo y gas en Vaca Muerta, en la Patagonia, a la espera de que el nuevo presidente del país marque el rumbo

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 […]