December 10, 2025–Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)–Chilean energy company Empresa Nacional del Petróleo (Enap) (Santiago) signed a deal to buy crude oil from YPF (Buenos Aires, Argentina) as well as Vista Energy, Shell Argentina and Equinor through June 2033.
The oil will come from the Vaca Muerta region, in Argentina’s Neuquen province. The deal will secure up to 70,000 barrels per day (BBL/d), or 35% of Enap’s crude oil demand, and could be worth US$12 billion, representing the company’s largest commercial agreement on record.
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