Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Shares  >  BOLSA DE COMERCIO DE BUENOS AIRES  >  YPF SA    YPFD   ARP9897X1319


News SummaryMost relevantAll newsSector news 

Argentina Names Former Schlumberger Executive As YPF CEO

05/04/2012 | 06:26pm US/Eastern

By Taos Turner


Argentine President Cristina Kirchner named a new chief executive to manage the recently nationalized oil and gas company, YPF SA (YPF, YPFD.BA).

The new CEO, Miguel Galuccio, is a petroleum engineer by training and a former official at the oil services giant Schlumberger Ltd. (SLB), Kirchner said.

"The idea is to have a YPF that's absolutely competitive and professional but with political direction," Kirchner said in a nationally televised speech.

Moments before her speech, Kirchner signed a bill to expropriate 51% of YPF's stock from its majority shareholder, Spain's Repsol YPF SA (REPYY, REP.MC).

-By Taos Turner, Dow Jones Newswires; 5411-4103-6728; taos.turner@dowjones.com

React to this article
Latest news on YPF SA
09/30DJRepsol Sells Piped Gas Business to Gas Natural Distribution and Redexis
09/04DJADR Shares End Lower; Alibaba Trades Actively
09/04DJArgentina's YPF, Russia's Gazprom Move Toward Joint Venture
08/31DJArgentina Creditors Can't Seize Assets of Central Bank, Court Rules
08/19 LYONDELLBASELL NV : To Sell Argentina-based Petroken In $145 Mln Deal
08/19 YPF : To Acquire 46% Interest In Petroquimica Cuyo From Inversor Petroquimica
08/19 YPF : And Inversor Petroquimica To Acquire Petroken Petroquimica From LyondellBa..
08/18 LYONDELLBASELL NV : Announces Sale of Argentina-based Petroken
08/04DJEUROPE MARKETS : European Stocks Break Five-session Winning Streak
08/04DJEUROPE MARKETS : European Stocks Break Five-session Winning Streak
Income Statement Evolution
More Financials