Argentina awards offshore licenses, seeks to boost gas output
The fourth block, Tauro-Sirius, will be developed by Total (35%) in partnership with Wintershall (35%) and ENI Argentina Exploracion y Exploitacion (30%). The announcement came a day after Total pledged to invest $1 billion in offshore natural gas projects in the country, where it is the biggest producer of the hydrocarbon.
Argentina''s crude oil and natural gas production near record
Argentina''s crude oil exports increased by an average of 33% per year from 30,000 b/d in 2017 to 128,000 b/d in 2023. Shale crude oil accounted for about 70% of crude oil exported in 2023. Argentina''s primary destinations for crude oil exports in 2023 were the United States, Brazil, and Chile.
Argentina''s Hydrocarbon Sector Takes Baby Steps in 2024, Bigger
6 天之前· (Camilo Ciruzzi, Energy Analytics Institute, 11 c.2024) — Efforts by Argentina''s president Javier Milei have resulted in a more flexible regulatory framework and to the benefit
Argentina Energy Profile – Analysis
In support of the region''s energy goals, the report explores the opportunities and challenges that lie ahead. It provides insights on the ways in which the outlook for the region and the biggest global energy trends are deeply intertwined – as well as recommendations on policies that could allow Latin America and the Caribbean to take full
ENERGY PROFILE Argentina
developing areas. Energy self-sufficiency has been defined as total primary energy production divided by total primary energy supply. Energy trade includes all commodities in Chapter 27 of the Harmonised System (HS). Capacity utilisation is calculated as annual generation divided by year-end capacity x 8,760h/year. Avoided
Argentina''s Hydrocarbon Sector Takes Baby Steps in 2024, Bigger
6 天之前· (Camilo Ciruzzi, Energy Analytics Institute, 11 c.2024) — Efforts by Argentina''s president Javier Milei have resulted in a more flexible regulatory framework and to the benefit of his South American country''s hydrocarbon sector as strategic projects continue to inch forward.. No surprise, Argentina''s crude oil and natural gas sectors are on track to conclude 2024 with
Sirius Energy: Leading the Solar Energy Revolution
The clean energy generated by Sirius Energy''s solar installations is sold to businesses across South America, including in Brazil, Argentina, Peru, Ecuador, and Colombia. These strategic partnerships ensure the company''s ability to meet the growing demand for renewable energy in the region while offering secure, high-yield investment
6 FAQs about [Argentina sirius energy]
Who is Sirius Energy Limited?
As the demand for clean and sustainable energy solutions grows globally, Sirius Energy Limited is leading the charge by bringing cutting-edge solar technologies. Through strategic partnerships and states-backed agreements, the company is making significant strides in driving the transition to renewable energy. Cutting-Edge Solar Technology
Will Sirius energy take advantage of the Atacama Desert?
As Chile emerges as a leader in the development of renewable energy, with the Atacama Desert providing one of the highest levels of solar radiation in the world, Sirius Energy is poised to take full advantage of this natural resource.
Why have Argentine energy shares soared so much?
Share prices for many Argentine energy companies have more than doubled since Milei’s victory, building on explosive growth in recent years. Shares in Vista Energy, which has benefited from its narrow focus on Vaca Muerta’s shale oil to become Argentina’s largest non-integrated producer, have soared almost 700 per cent in the past three years.
How much natural gas is produced in Argentina?
An average of 5.0 billion cubic feet per day (Bcf/d) of natural gas was produced in Argentina over the first nine months of 2024, 5.2% more than the same period in 2023. In August, natural gas production averaged 5.4 Bcf/d, the most of any month in 21 years.
Could Argentina be a major energy exporter?
In a remote, scrubby stretch of Patagonian desert, Argentina’s future as a major energy exporter is taking shape. A team of 10, working in September in a corner of the vast Vaca Muerta shale formation in the western province of Neuquén, hauled 75cm-thick carbon steel tubes into place and welded them together to build an oil pipeline.
Does Argentina need a new gas pipeline?
Argentina needs fresh financing for several proposed projects, such as a $2.5bn pipeline towards Brazil and a $30bn liquefied natural gas terminal on the coast. Austerity-focused Milei has ruled out public financing. “There’s a lot more uncertainty in gas,” says Daniel Dreizzen, managing director of consultancy Aleph energy.