Member access

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

YPF SA (YPFD)

1
SummaryNewsCalendarCompanyFinancialsConsensusRevisions 

Argentina Names Former Schlumberger Executive As YPF CEO

05/04/2012 | 06:26pm US/Eastern
Recommend:
0

By Taos Turner

OF

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

Recommend :
0
React to this article
Latest news on YPF SA
1d agoDJRepsol Says Studying Different Upstream Transactions, Including with Talisman
07/08 REPSOL : Argentina to meet again with debt mediator, bonds rise
07/08 YPF : Argentine presidential hopefuls tip-toe around debt negotiations
07/04 YPF SA : ex-dividend day for annual dividend
07/01DJWTO Rules Against Argentine Import Regulations
07/01DJWTO Rules Against Argentine Import Regulations--Sources
06/21 REPSOL : Argentina's YPF says its assets can't be embargoed by country's credito..
06/20 Argentina's Fernandez says willing to talk with all creditors
06/20 Argentina's Fernandez says willing to talk with all creditors
06/10DJYPF : Argentina To Expand Oil & Gas Investment Incentives
Advertisement
Dynamic quotes  
ON
| OFF