President Javier Milei is set to embark on his fifth visit to the United States this year, with travel to Washington scheduled for Tuesday nite. Milei, 55, has meetings scheduled with business leaders, will deliver a speech at the US Chamber of Commerce, and will receive two promotional awards during his brief stay in North … Read more
Hydrocarbon production in Argentina commenced in 1922 with the establishment of Yacimientos Petrolíferos Fiscales, recognised as the world’s inaugural state-owned oil enterprise. More than a century later, the nation’s energy sector is poised to embark on its most prosperous era to date. “Fifteen years ago, Argentina was a country with oil, and there was not … Read more
Argentina’s stock market is starting to reflect the economy’s uneven growth under President Javier Milei, with energy shares capitalising on elevated oil prices, while other sectors remain stagnant. The nation’s benchmark S&P Merval index is currently down nine percent in 2026 when measured in dollars, reflecting a cooling off from a rally that commenced in … Read more
Argentina’s economy is presently characterised by duality. While exports associated with oil, agriculture, and mining are achieving unprecedented levels, real economy sectors such as industry, construction, and commerce are either stagnant or experiencing a downturn. For the government, the solution to this problem is to invest in export sectors, which is expected to initiate a … Read more
The Andes-Atlantic Corridor plan, a bilateral project aiming at investing up to US$7 billion in 2027 to enhance key infrastructure, was announced by Argentina and the United States on Wednesday. The agreement was executed in New York by Foreign Minister Pablo Quirno and U.S. Deputy Secretary of State Christopher Landau. The agreement centers on energy, … Read more
It is widely recognised that the swift expansion of Vaca Muerta is establishing the region as a pivotal economic driver for Argentina. What may be less well known is that the project also has the potential to address several structural bottlenecks in the Argentine economy. One of the most unusual developments, however, is not found … Read more
Argentina LNG represents a significant energy initiative aimed at transforming unconventional gas sourced from the Vaca Muerta field into liquefied natural gas for export purposes. With a US$51 billion investment, the initiative – led by state-owned oil company YPF in partnership with Italy’s Eni and the UAE’s XRG – would strategically position Argentina as a … Read more
President Javier Milei’s decision to tighten sanctions against foreign companies operating in the Sea Lion exploration project around the Malvinas Islands has prompted a response from several international oil companies regarding the matter. In recent days, SLB (formerly known as Schlumberger), Halliburton, and Baker Hughes have declared their intention not to engage in the Sea … Read more
Asian refiners have escalated their acquisitions of Argentine crude due to the disruptions in supply from the Middle East caused by the Iran war, which has intensified competition for barrels from alternative regions. In recent weeks, processors in Japan, South Korea, and China have acquired Argentina’s Medanito oil, with at least one cargo reportedly loaded … Read more
Last week, in a straightforward manner, the government’s Deputy Economy Minister for Energy & Mining, Daniel González, revealed that a new study indicates Vaca Muerta possesses nearly twice the oil resources previously estimated by the US Energy Information Administration fifteen years ago. The EIA had stated that the recoverable oil was 16.2 billion barrels; the … Read more
