YPF, Petronas negotiating JV with Mexico's Pemex, FT reports YPF and Petronas are in talks to form a joint venture with Pemex, the Financial Times reports. A tie-up could commence with shallow water fields, the publication adds. Reference Link
Kyle Bass discusses stake in YPF Hayman Capital's Kyle Bass said on CNBC he has a stake in YPF and that Elliott Management's stance on Argentina is "immoral." Shares of the Argentina-based oil and gas company are up 1% to $37.24 in pre-market trading.