We are PCR, energy to build the future.

 

 

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ABOUT PCR

We are a privately held Argentine company with more than 100 years of experience in the country, specializing in oil and gas production, cement, and renewable energy. Through our three business divisions, we develop long-term projects that generate economic and social value in the communities and regions where we operate.

We are the oldest privately held company in Argentina’s oil industry, with exploration and production operations in the provinces of La Pampa and Mendoza. Internationally, we hold six exploration and production blocks in Ecuador, where we are positioned as the third-largest private oil company in the country, with a production of 21,000 barrels of oil equivalent per day. Since 2022, we have also been developing energy investment projects in the United States.

In our Cement division, we are the leading producer in the Patagonian region. We operate two production plants located in Comodoro Rivadavia (Chubut) and Pico Truncado (Santa Cruz), with a total installed capacity of 800,000 tons per year.

Since 2016, we have developed our Renewable Energy division, which is now a key player in wind power generation in Argentina. We operate four wind farm complexes across the provinces of Santa Cruz, Buenos Aires, and San Luis, with a combined installed capacity of 545 MW.

With a strategic outlook and a strong commitment to sustainable development, PCR works to continue building energy for the growth of the country and the regions where we are present.

Some of the main milestones in

OUR HISTORY

We are the oldest company
in the oil and gas industry. 1921 Founded as Compañía Ferrocarrilera de Petróleo S.A.,
we began as a company dedicated to hydrocarbon production in Argentina. OIL & GAS 2026 1952 We began cement production at
our plant in the city of Comodoro Rivadavia,
Chubut Province. 1952 As a result, we became the leading
cement manufacturer in the Patagonian region.
 CEMENT 1921 1990 We began operations in
El Sosneado oil field in Mendoza and El Medanito oil
field in La Pampa. 1990 Both fields are part of the Neuquén Basin,
Argentina’s most important hydrocarbon-producing basin. OIL & GAS 1952 1999 We expanded our oil and gas
operations into Ecuador 1999 Through Petroriva, we acquired a 40%
interest in the Palanda and Pindo oil fields. OIL & GAS 1990 2008 We inaugurated our cement plant
in Pico Truncado, Santa Cruz. 2008 One of the most modern facilities in Argentina,
it increased PCR’s production capacity to
800,000 tons per year. CEMENT 1999 2014 We acquired full ownership
of our oil assets in Ecuador. 2014 We acquired Petroriva’s remaining interest
in the Palanda and Pindo oil fields.

 oil & gas 2008 2016 We launched our
Renewable Energy division. 2016 We developed the Bicentenario I and II
wind farms (126 MW) in Santa Cruz Province. renewables 2014 2017 We acquired
Jagüel de los Machos and
Medanito SE oil fields. 2017 These acquisitions expanded our portfolio
of oil and gas assets in La Pampa Province. oil & GAS 2016 2019 We secured operating contracts
for the Araza Este and Sahino oil fields in Ecuador. 2019 These agreements expanded our
portfolio of oil and gas assets in the country.

 oil & GAS 2017 2020 We inaugurated
San Jorge El Mataco Wind Farm 2020 Located in Tornquist, Buenos Aires Province,
our second wind farm added 203.4 MW of installed capacity.
 renewables 2019 2021 We celebrated our
100th anniversary 2021 A century of creating economic value and contributing to the economic and social development of the communities where we operate. THE COMPANY 2020 2022 We began the construction
of San Luis Norte 2022 In partnership with ArcelorMittal Acindar, we began developing a new hybrid renewable energy project (wind and solar) in San Luis Province. RENEWABLES 2021 2023 We expanded our renewable energy
and oil & gas portfolios 2023 We inaugurated Mataco III (36 MW) and Vivoratá (49.5 MW) in Buenos Aires Province, and San Luis Norte in San Luis Province, while acquiring five new hydrocarbon blocks in Malargüe, Mendoza Province. renewables 2022 2025 We inaugurated Argentina’s
first hybrid renewable energy park 2025 The addition of an 18 MW solar facility to San Luis Norte created the country’s first hybrid renewable energy park, integrating wind and solar generation and reaching a total installed capacity of 130 MW. renewables 2023 2025 We connected Jaramillo and Fitz Roy
to Argentina’s National Interconnected Grid
 2025 We financed and inaugurated the electrical infrastructure that enabled more than 800 residents to access reliable, permanent electricity for the first time, supporting the development and energy integration of both communities in Santa Cruz Province. renewables 2025 2026 We advanced the expansion of
Argentina’s power transmission infrastructure. 2026 Together with ArcelorMittal Acindar, we inaugurated the expansion of the Ezeiza Transformer Station, a strategic project that will enable the integration of new renewable energy generation and supports the development of Olavarría Wind Farm (185.6 MW). renewables 2025 1921 1921 1952 1990 1999 2008 2014 2016 2017 2019 2020 2021 2022 2023 2025 2026

OUR OPERATIONS

ARGENTINA

With more than 100 years of history, PCR is an Argentine-owned company with operations in Oil & Gas, Renewable Energy and Cement. It is the oldest privately owned oil company in Argentina, the leading cement producer in the Patagonian region, and one of the country’s leading renewable energy companies.

In Renewable Energy, PCR operates four wind farms across the provinces of Buenos Aires, San Luis and Santa Cruz, with a total installed capacity of 545 MW. In Cement, the company operates two production plants located in Comodoro Rivadavia (Chubut) and Pico Truncado (Santa Cruz), with an annual production capacity of 800,000 tons. In Oil & Gas, PCR conducts exploration and production activities in the provinces of La Pampa and Mendoza.

ECUADOR

PCR has been operating in Ecuador since 1999, where it conducts crude oil exploration and production activities. With more than 27 years of experience in the country, the company has established itself as Ecuador’s third-largest private oil producer, with operations in the Oriente Basin of the Ecuadorian Amazon.

Today, PCR operates six exploration and production blocks located in the provinces of Orellana and Sucumbíos, with an average production of approximately 11,500 barrels of oil per day (bpd). Through safe, responsible operations and a strong commitment to people, the environment, and local communities, PCR contributes to Ecuador’s sustainable development and growth.

United States

PCR has been present in the United States since 2021, where it operates in the Oil & Gas and Renewable Energy sectors. In 2024, the company acquired a 15% interest in the Cherokee unconventional project, located in Oklahoma within the Anadarko Basin.

PCR is also expanding its renewable energy business through the construction of three solar parks in the Houston, Texas area, further strengthening its presence in one of the world’s most significant energy markets.

URUGUAY

PCR has maintained a presence in Uruguay since 2013 through an operation that plays a strategic role in the company’s regional management, providing administrative, financial, tax, and corporate support to its international operations.

The operation also manages international investments and provides corporate and governance support to the Group’s various companies. In addition, it plays a key role in crude oil marketing and trading activities, overseeing contract structuring and execution, as well as price monitoring and collections management.

CHILE

In Chile, PCR operates through PCR Trading S.A., a company founded in Punta Arenas in 2003 and specialized in foreign trade, international trading, and the strategic sourcing of materials and supplies for the construction, infrastructure, and energy sectors.

With a strong focus on southern Chile, the company provides integrated procurement, logistics, and import solutions for public and private sector projects. It also markets products from PCR’s Cement Division, including Portland cement, oil well cement, precast and prestressed concrete products, dry mortars, and ceramic tile adhesives.