Despite the presence of related propaganda disseminated through various government social media channels, the novelty went largely unremarked. Nevertheless, it was a crucial announcement with multiple interpretations – one interpretation is that President Javier Milei’s government is reactivating the most important public works project in the country; another, and perhaps the most significant, is that … Read more
Argentina’s government asserts that the country “is fertile ground for any investment imaginable and that firms should jump on board to benefit from the “revolutions” that are shaking up key national industries. During the ‘Argentina Week’ promotional event in New York on Thursday, Cabinet Chief Manuel Adorni stated that the nation is now “free from … Read more
Economy Minister Luis Caputo announced on Thursday that the resumption of work on the Jorge Cepernic hydroelectric dam in Santa Cruz province is imminent. Caputo confirmed the news on his X account, stating that the construction “could be completed by 2030” and is expected to “contribute 1,860 GWh to the Argentine Interconnected System.” The project … Read more
YPF SA is allocating resources to maintain investment in the rapidly expanding Vaca Muerta basin, regardless of potential declines in oil prices this year. This strategy is part of a vision led by management selected by libertarian President Javier Milei, aiming to elevate the state-run company into a prominent player in the global shale market. … Read more
Mercuria Energy Group, an energy-trading firm, is nearing a deal to acquire a refinery along with hundreds of gas stations in Argentina that are currently being offered for sale by Raizen SA, as reported by sources. According to several individuals, who requested anonymity due to the confidential nature of the negotiations, a deal may exceed … Read more
The provincial government of Santa Cruz announced on Sunday that it has secured a loan of US$136 million from China to restart construction on a hydroelectric dam, a project that has been stalled since December 2023. The total loan is US$150 million and is provided by a consortium of banks led by ICBC and the … Read more