With a projected total expenditure of US$51 billion, state oil giant YPF has applied to take part in President Javier Milei’s investment incentive program for its “Argentina LNG” project. The plan aims to exploit the gas resources of the Vaca Muerta shale formation for export in the form of liquefied natural gas. The Argentina LNG … Read more
The United States government has ceased to mask its objective of obstructing closer relations between Argentina and China, and has explicitly intensified its geopolitical strategy. Beyond the exceptionally close relationship between Javier Milei and Donald Trump, the connections between Argentina and the Asian power hold significant importance for the national economy. The geopolitical chessboard appears … Read more
The first new facility of this kind to be approved by Pampa Energia SA in over 25 years is a 2.7 billion US dollar urea fertiliser factory on the Atlantic coast of Argentina. Although Argentina has lately prioritised oil production from its prolific Vaca Muerta shale deposit due to its ease of transportation and export, … Read more
The United States Court of Appeals for the Second Circuit in New York denied Burford Capital’s petition to revisit the decision in the YPF expropriation case following Argentina’s successful overturning of the US$16 billion judgement at the end of March. Shortly after the announcement was made, President Javier Milei responded to the development: “Another victory … Read more
The exponential growth of the unconventional oil fields in Vaca Muerta, Neuquén, stands out as one of the most significant economic developments during the Milei presidency. The data presents a compelling case, especially within the oil sector. In the first quarter of 2026, the sector experienced a year-over-year growth of 16.2%, as reported by the … Read more
The development of a major oil field in Argentina’s thriving Vaca Muerta shale area is expected to advance thanks to President Javier Milei’s massive investment incentive package. The privately held driller Pluspetrol SA announced that it would expedite Bajo del Choique-La Invernada production under Milei’s so-called RIGI project, which was expanded to include shale oil … Read more
The Argentine government has implemented modifications to the Large Investment Incentive Regime (RIGI, by its Spanish initials) that was approved in 2024, extending its duration and expanding benefits for the oil and gas sector. The RIGI provides tax, customs, legal, and foreign exchange advantages for investments that surpass US$200 million. It is accessible to both … 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
While it remains premature to determine if President Javier Milei will be remembered as having aligned with the prevailing moral narrative by fervently and steadfastly supporting the inaugural US bombing of a South American capital, he ought to be acknowledged for his alignment with the dynamics of power. History and power do not consistently align … Read more
YPF is poised to advance its most ambitious projects in the coming year, as president and CEO Horacio Marín has indicated that the company will soon finalize agreements with international partners for its liquefied natural gas initiative and then move to seek funding. The CEO projected that the process to arrange financing aimed at transforming … Read more
