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YPF GAS
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] |
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] |
Energy In Argentina
The electricity sector in Argentina constitutes the third largest power market in Latin America. It relies mostly on thermal generation (60% of installed capacity) and hydropower generation (36%). The prevailing natural gas-fired thermal generation is at risk due to the uncertainty about future gas supply. Faced with rising electricity demand (over 6% annually) and declining reserve margins, the government of Argentina is in the process of commissioning large projects, both in the generation and transmission sectors. To keep up with rising demand, it is estimated that about 1,000 MW of new generation capacity are needed each year. An important number of these projects are being financed by the government through trust funds, while independent private initiative is still limited as it has not fully recovered yet from the effects of the 2002 Argentine economic crisis. The electricity sector was unbundled in generation, transmission and distribution by the reforms carried o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** ''Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel ***Bloomberg TV Canada ***Bloomberg TV Philippines ***Bloomberg TV Malaysia ** Bloomberg Terminal, desktop terminal and software widely used in the financial industry ** Bloomberg Data, API product using sftp or web service protocols to retrieve market data ** Bloomberg Government, online news service c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...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] |
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] |
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 |
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] |
1930 Argentine Coup D'état
The 1930 Argentine coup d'état, also known as the September Revolution by its supporters, involved the overthrow of the Argentine government of Hipólito Yrigoyen by forces loyal to General José Félix Uriburu. The coup took place on 6 September 1930 when Uriburu led a small detachment of troops into the capital, experiencing no substantial opposition and taking control of the Casa Rosada. Large crowds formed in Buenos Aires in support of the coup. Uriburu's forces took control of the capital and arrested Radical Civic Union supporters. There were no casualties in the coup. Uriburu's coup was supported by the '' Nacionalistas''. Uriburu himself was part of the ''Nacionalista'' Argentine Patriotic League and had the support of a number of ''Nacionalista'' military officers. ''Nacionalista'' plans for such a coup had been developing since 1927, when politician Juan Carulla approached Uriburu for support of a coup to entrench an Argentine version of Fascist Italy's Charter of La ... [...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] |
Economic Nationalism
Economic nationalism, also called economic patriotism and economic populism, is an ideology that favors state interventionism over other market mechanisms, with policies such as domestic control of the economy, labor, and capital formation, including if this requires the imposition of tariffs and other restrictions on the movement of labor, goods and capital. The core belief of economic nationalism is that the economy should serve nationalist goals. Economic nationalists oppose globalization or at least question the benefits of unrestricted free trade. They favor protectionism and advocate for self-sufficiency. To economic nationalists, markets are to be subordinate to the state, and should serve the interests of the state (such as providing national security and accumulating military power). The doctrine of mercantilism is a prominent variant of economic nationalism. Economic nationalists tend to see international trade as zero-sum, where the goal is to derive relative gains (as ... [...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] |
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