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YPF
YPF S.A. (, formerly ; English: "Fiscal Oilfields") is a vertically integrated, majority state-owned Argentine energy company, engaged in oil and gas exploration and production, and the transportation, refining, and marketing of gas and petroleum products. In the 2020 Forbes Global 2000, YPF was ranked as the 1360th -largest public company in the world. Founded in 1922 under President Hipólito Yrigoyen's administration, YPF was the first oil company established as a state enterprise outside of the Soviet Union, and the first state oil company to become vertically integrated. YPF's first director was Enrique Mosconi, who took up his charge in 1922, remaining there until 1930. During his run on the company, Mosconi advocated economic independence and starting in 1928, nationalization of oil supplies; the latter, however, was never achieved due to a 1930 military coup against Yrigoyen backed by, among others, foreign oil interests. YPF was privatized under president Carl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renationalization Of YPF
President Cristina Fernández de Kirchner of Argentina introduced a bill on April 16, 2012 for the partial renationalization of YPF, the nation's largest energy firm. The state would purchase a 51% share, with the national government controlling 51% of this package and ten provincial governments receiving the remaining 49%. The bill was overwhelmingly approved by both houses of Congress, and was signed by the president on May 5. The government of Argentina eventually agreed to pay US$5 billion in compensation to Repsol, which had previously owned YPF. Background YPF was founded in 1922 as the first oil company in the world to be established as a state enterprise. The company grew to become largest in its sector in Argentina, and despite the divestiture of a sizable percentage of its extractive, refining, logistic, and retail infrastructure during its 1993 privatization, YPF in 2012 operated 52% of the nation's refinery capacity and accounted for 57% of the national market in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalization Of Oil Supplies
The nationalization of oil supplies refers to the process of confiscation of oil production operations and private property, generally for the purpose of obtaining more revenue from oil for oil-producing countries' governments. This process, which should not be confused with restrictions on crude oil exports, represents a significant turning point in the development of oil policy. Nationalization eliminates private business operations—in which private international companies control oil resources within oil-producing countries—and allows oil-producing countries to gain control of private property. Once these countries become the sole owners of these confiscated resources, they have to decide how to maximize the net present value of their known stock of oil in the ground. Several key implications can be observed as a result of oil nationalization. "On the home front, national oil companies are often torn between national expectations that they should 'carry the flag' and their own ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Repsol
Repsol S.A. El Nuevo Herald, 2012-05-31Originally an initialism for ''Refinería de Petróleos de '' adding the word ''Sol'' (Sun) () is a Spanish multinational energy and petrochemical company based in . It is engaged in worldwide and |
Repsol-YPF Tower
YPF Tower is a corporate high-rise building designed by internationally recognized architect César Pelli and is the headquarters of Argentine national oil company YPF. Construction began in 2005, in the Puerto Madero ''barrio'' (district) of Buenos Aires, Argentina and the office building was completed in September 2008. The building is tall and has 44 floors. It was, upon completion in 2008, the tallest office building in Argentina, and the third tallest overall. The building is located on the corner of Macacha Güemes and Juana Manso streets, in the Puerto Madero ward. The building's construction cost an estimated US$134 million. The main contractor in its construction was CRIBA, a leading local contractor founded in 1952 by Alberto Tarasido. On May 25, 2012, 21 days after the nationalization of YPF by the government of Cristina Fernandez de Kirchner Cristina is a female given name, and it is also a surname. Notable people with the name include: Given name *Cristina (daugh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cristina Fernández De Kirchner
Cristina Elisabet Fernández de Kirchner (; born 19 February 1953), often referred to by her initials CFK, is an Argentine lawyer and politician who has served as the Vice President of Argentina since 2019. She also served as the President of Argentina from 2007 to 2015 and the first lady during the tenure of her husband, Néstor Kirchner. She was the second female president of Argentina (after Isabel Perón) and the first elected female president of Argentina. Ideologically, she identifies herself as a Peronist and a progressive, with her political approach called Kirchnerism.BBC News. 18 April 2006Analysis: Latin America's new left axis. Born in La Plata, Buenos Aires Province, she studied law at the University of La Plata, and moved to Patagonia with her husband Néstor Kirchner upon graduation. She was elected to the provincial legislature; her husband was elected mayor of Río Gallegos. She was elected national senator in 1995, and had a controversial tenure, while ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pablo Gerardo González
Pablo Gerardo González (born 13 June 1968) is an Argentine politician who served as a National Deputy and a National Senator for Santa Cruz. A member of the Justicialist Party, González also served as Vice Governor of Santa Cruz under Alicia Kirchner from 2015 to 2019. Since 2021, he has been president of YPF, Argentina's state-owned energy company. Early life González was born on 13 June 1968 in Río Gallegos, Santa Cruz. He finished high school at Colegio Salesiano Nuestra Señora de Luján, in Río Gallegos, and studied law at the National University of La Plata. In addition, he counts with a degree on hydrocarbons law from Universidad Austral. Political career Before being appointed to any political post, González was an aide at the Santa Cruz state-owned water and energy company, Servicios Públicos Sociedad del Estado, in 1993. The following year, he became director of Distrigas S.A. In 1996, he returned to Servicios Públicos as a legal affairs manager. In 2003, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enrique Mosconi
Enrique Carlos Alberto Mosconi (21 February 1877 – 4 June 1940) was an Argentine military engineer, who is best known as the pioneer and organizer of petroleum exploration and extraction in Argentina. Early life Mosconi was born in Buenos Aires to Enrico Mosconi, an Italian engineer hired to build railways, and María Juana Canavery, an Argentine of Irish descent. Enrico Mosconi founded the town of Villa Gobernador Gálvez on 26 February 1888. Enrico Mosconi wanted a son to be a doctor; his mother wanted her son to follow the family military tradition of Ángel Canavery, his uncle, who had taken part in the Conquest of the Desert. Mosconi had two older sisters and two younger brothers. Being only two years old the family moved to Italy, coming back a few years later after the death of Mosconi's mother. Enrico Mosconi remarried to Countess Maria Luisa Natti. The Mosconi Canavery's were linked to aristocratic families of Buenos Aires, including the families of Bartolomé Mitr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comodoro Rivadavia
Comodoro Rivadavia () is a city in the Patagonian province of Chubut in southern Argentina, located on the San Jorge Gulf, an inlet of the Atlantic Ocean, at the foot of the Chenque Hill. Comodoro Rivadavia is the most important city of the San Jorge Basin, and is the largest city in Chubut as well as the largest city south of the southern 45th parallel. The city is often referred to simply as ''Comodoro''. It was at one time the capital of the Comodoro Rivadavia Territory, which existed from 1943 to 1955. The territory was a part of Chubut before and after its creation, and the city became the capital of the Escalante Department. It had a population of 137,061 at the , and grew to 182,631 by the 2010 census. Comodoro Rivadavia is a commercial and transportation center for the surrounding region, the largest city of Chubut, and an important export point for a leading Argentine petroleum district. A 1,770 km pipeline conveys natural gas from Comodoro Rivadavia to Buenos Aire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlos Menem
Carlos Saúl Menem (2 July 1930 – 14 February 2021) was an Argentine lawyer and politician who served as the President of Argentina from 1989 to 1999. Ideologically, he identified as a Peronist and supported economically liberal policies. He led Argentina as president during the 1990s and implemented a free market liberalization. He served as President of the Justicialist Party for thirteen years (from 1990 to 2001 and again from 2001 to 2003), and his political approach became known as Federal Peronism. Born in Anillaco to a Syrian family, Menem was raised as a Muslim,"Carlos Menem" ''Encyclopædia Britannica'' but later converted to to pursue a political career. Menem b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hipólito Yrigoyen
Juan Hipólito del Sagrado Corazón de Jesús Yrigoyen (; 12 July 1852 – 3 July 1933) was an Argentine politician of the Radical Civic Union and two-time President of Argentina, who served his first term from 1916 to 1922 and his second term from 1928 to 1930. He was the first president elected democratically by means of the secret and mandatory male suffrage established by the Sáenz Peña Law of 1912. His activism was the prime impetus behind the passage of that law in Argentina. Known as "the father of the poor", Yrigoyen presided over a rise in the standard of living of Argentina's working class together with the passage of a number of progressive social reforms, including improvements in factory conditions, regulation of working hours, compulsory pensions, and the introduction of a universally accessible public education system. Yrigoyen was the first nationalist president, convinced that the country had to manage its own currency and, above all, it should have con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puerto Madero
Puerto Madero, also known within the urban planning Urban planning, also known as town planning, city planning, regional planning, or rural planning, is a technical and political process that is focused on the development and design of land use and the built environment, including air, water, ... community as the Puerto Madero Waterfront, is a Barrios and Communes of Buenos Aires, barrio of Buenos Aires in Argentina in the Buenos Aires central business district, central business district, occupying a significant portion of the Río de la Plata riverbank and representing the latest architectural trends. History 19th century From its inception, the city of Buenos Aires had a problem accommodating large cargo ships, as per Puerto La Boca, because the shallow river did not allow for direct docking. Instead ships were moored away from the shore and passengers and merchandise were unloaded onto barges and ferries for transport to the pier. In 1882 the national government contr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MERVAL
The S&P MERVAL Index (''MERcado de VALores'', ) is the most important index of the Buenos Aires Stock Exchange. It is a price-weighted index, calculated as the market value of a portfolio of stocks selected based on their market share, number of transactions and quotation price. The base of MERVAL is set at 30 June 1986 = 0.01 Argentine pesos. It is part of a joint-venture between S&P Dow Jones Indices and BYMA. The corporations and weighted prices that compose MERVAL are updated every three months, based on their market share during the previous period. As of 30 July 2021 the constituent companies of the index include Aluar (aluminium smelter), BBVA Argentina (financial services), Banco Macro (financial services), Sociedad Comercial del Plata (holding), Edenor (electricity), Grupo Financiero Galicia (financial services), Pampa Energía (energy), Ternium (steel), Telecom Argentina (telecommunications), and YPF (oil and gas). Historical values The following is a table sho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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