Blue Dollar News

Peter Thiel invests US$76 million in Vaca Muerta’s top exporter

United States billionaire entrepreneur and venture capitalist Peter Thiel has acquired a US$76 million stake in Argentina’s largest oil exporter, Vista Energy. This transaction represents his inaugural investment in the oil sector and signifies his initial foray into Patagonia’s Vaca Muerta oil field. Thiel Macro LLC, the hedge fund managed by Thiel, secured a 1% … Read more

Blue Dollar News

Peter Thiel’s Vista Energy Stake Sends Shares Higher

Shares in Vista Energy SAB, Argentina’s leading oil exporter, experienced a significant increase in New York on Monday following the announcement by tech billionaire Peter Thiel regarding his substantial investment in the company. Vista’s American depositary receipts increased by 4.9 percent to US$71.67 as of 10.49am in New York, marking the highest level in two … Read more

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