San Matías Pipeline secures $900 million for Vaca Muerta-to-LNG gas pipeline

YPF and Río Negro’s government briefed coastal towns on the US$51 billion Argentina LNG project, which aims to export liquefied natural gas. The project, involving YPF, Eni, and XRG, requires local permits and could bring US$10 billion in annual exports. Construction is planned from 2026 to 2030, with first cargoes expected in 2031.

Golar LNG reported Q2 2026 revenue of $130.48M and net income of $38.27M, with H1 revenue and net income up year-over-year. The company signed a $2.45B EPC agreement for a fourth FLNG vessel and declared a $0.25 per-share dividend. Analysts project varying revenue and earnings estimates for 2029, with consensus seeing 18% upside from current prices.

WTI crude oil prices rebounded, with the USO ETF gaining 0.95% to US$127.35. YPF rose 0.52% to US$50.27, while Petrobras and Ecopetrol fell. Guyana's oil output share increased to 39.8%, and YPF expanded shale drilling, targeting 250,000 barrels per day by December 2026. Traders watched Strait of Hormuz logistics and Latin American energy execution.

Stanley Druckenmiller's Duquesne Family Office invested $128M in YPF SA (Argentina's state-controlled oil producer) and BBB Foods (Mexican discount grocer) in Q1 2026, along with a stake in the Global X MSCI Argentina ETF. YPF's value is tied to its Vaca Muerta shale formation and export pipeline. BBB Foods benefits from economic pressure in Mexico.

YPF, Argentina's state-controlled energy firm, has hired JP Morgan to raise up to US$16 billion for Phase 3 of its Argentina LNG project, which would be the largest private project finance loan in the country's history. The funds will support the construction of two floating liquefaction units to export natural gas from the Vaca Muerta shale formation. YPF's partners include Italy’s Eni and Abu Dhabi’s ADNOC. The project aims for a final investment decision in late 2026, with first exports expec

JPMorgan (JPM) and Santander are leading a $14B-$15B financing effort for Argentina LNG, a $24B project to export Argentina's shale gas. Partners include YPF, Eni, and XRG, with a final investment decision expected in late November. The project exceeds Argentina's $20B IMF agreement.