News of energy

Milei signs deal with Chubut to scrap export duties on conventional oil

20-11-2025 16:50 National government and Chubut Province sign agreement to eliminate export duties on conventional crude oil; Province will revise royalties and companies will maintain their investments.

POLITICS & ECONOMY

Chevron wants Argentina tax reform as it plans major oil growth

13-11-2025 08:31 Chevron calls on President Javier Milei's government to lower taxes and relax capital controls.

ENERGY & GAS

Vista eyes Milei reforms in bid to double Argentina shale output

12-11-2025 14:43 Vista Energy CEO Miguel Galuccio sees another round of reforms from Javier Milei as a trampoline to growth.

ENERGY & GAS

YPF hails Milei agenda as Abu Dhabi joins Argentina’s LNG push

04-11-2025 15:02 State-run YPF SA said Argentina’s oil and gas industry would benefit from sweeping tax and labour reforms, ssys CEO Horacio Marín.

ENERGY & GAS

YPF chief projects US$300bn in exports from LNG deal with Italy’s Eni

14-10-2025 14:01 CEO Horacio Marín talks up recent agreement with Italian energy company, saying it could create 50,000 jobs; Deal to export liquefied natural gas (LNG) from Vaca Muerta will represent “biggest investment in Argentine history," claims President Milei.

Analysis

Investment or political marketing? Analysing OpenAI’s Argentina announcement

11-10-2025 09:36 Announcement by President Javier Mileil’s government of plans to create a mega AI data centre in Patagonia raises questions about its feasibility and geopolitical aims.

TECH & INVESTMENT

OpenAI, Sur Energy to build massive AI data centre in Patagonia

10-10-2025 16:07 US tech firm OpenAI and Argentine firm Sur Energy sign letter of intent for US$25-billion investment in artificial intelligence; Companies plan joint venture to develop Stargate Argentina, a massive AI infrastructure project that will include a data centre in Patagonia.

YPF NATIONALISATION CASE

Argentina wins stay on YPF share transfer in US court battle

17-08-2025 08:59 Appeals court halts order to hand over 51% of shares in state energy firm as Argentina fights US$16.1-billion ruling in nationalisation case.

YPF NATIONALISATION CASE

Argentina wins reprieve in US court fight over YPF shares

16-08-2025 08:30 Appeals court rules Argentina doesn’t need to turn over its controlling stake in YPF SA to holders of a US$16-billion judgment while it tries to overturn previous order.

Corporate defaults

Milei’s FX reforms spur worst corporate default wave since 2020

12-08-2025 15:21 Javier Milei’s reforms are fuelling the worst streak of corporate defaults since the pandemic.

YPF NATIONALISATION CASE

YPF: Appeals court halts handover of company shares for week

15-07-2025 13:29 Legal tangle surrounding the YPF case takes another turn. US appeals court suspends handover of the company’s shares for one week.

ypf nationalisation case

Argentina appeals US court order to hand over YPF shares

10-07-2025 19:25 Argentina has appealed a US judge's ruling ordering it to hand over 51% of the shares of the oil company YPF to settle a US$16.1 billion debt.

YPF NATIONALISATION CASE

Argentina moves to appeal US judge’s order to cede YPF stake

10-07-2025 12:41 Government gives notice it will appeal ruling requiring it to hand over controlling stake in state energy company YPF to help satisfy a US$16-billion judgement.

Background to YPF takeover

YPF: How a firm was purchased with its own money, ending in a multi-billion-dollar lawsuit

04-07-2025 08:56 The Eskenazis family entered into YPF thanks to Néstor Kirchner without placing a dollar. The Grupo Petersen purchased shares with the promise to pay with the dividends. More than a decade on, the case in the US courts.

YPF NATIONALISATION CASE

Argentina appeals US$16-billion YPF court ruling

04-07-2025 08:42 Argentina appeals US judge's order to hand over 51% of shares in YPF in expropriation case; Milei points finger at Kicillof, Fernández de Kirchner as fears over ruling impact grow.

YPF NATIONALISATION CASE

Investors see way for Milei to end fight over YPF

03-07-2025 16:43 Could there be a silver lining for Javier Milei in the multibillion-dollar US judgment targeting Argentina’s main oil producer?

US$16-billion court ruling

Milei vows appeal amid fallout as US judge orders transfer of YPF shares

01-07-2025 11:12 President vows to appeal as US judge orders Argentina to hand over 51% of shares in YPF in expropriation case; Milei points finger at Kicillof, Fernández de Kirchner as fears over ruling impact grow.

ENERGY & GAS

Total gets offers for potential sale of Argentina shale oil assets

28-06-2025 18:12 France’s TotalEnergies SE is in talks with at least two suitors who have submitted bids for its shale oil assets in Argentina.

lithium mining

Europe's lithium quest hampered by China and lack of cash

20-06-2025 09:20 Too much regulation and not enough investment, the paradox facing a Europe –in need of lithium.

ENERGY & GAS

YPF to sign LNG export deal with Italy's ENI

05-06-2025 09:49 Agreement to be formalised during President Milei's visit to Rome, says YPF President Horacio Marín.

ENERGY & GAS

Paraguay pitches Argentina, Brazil on natural gas pipeline plan

03-06-2025 20:22 Paraguay is lobbying Argentina and Brazil to sign agreements signalling their political support for a proposed natural gas pipeline linking the three countries

ANALYSIS: SHOCK THERAPY

How Milei keeps peso strong ahead of midterm vote

14-05-2025 12:00 President Milei's government doubles down on a strong peso strategy, making it the cornerstone of his midterm election campaign.

ENERGY & GAS

JPMorgan, Citi among banks in talks for Argentina pipeline loan

25-04-2025 11:14 Money would fund Vaca Muerta Sur, featuring a pipeline running from Argentina’s shale heartland across northern Patagonia to the Atlantic coast.

ENERGY & GAS

Governors seek Vaca Muerta investments at Texas energy summit

23-04-2025 11:12 Leaders from four provinces in Argentina – Río Negro, Neuquén, Mendoza and Córdoba – aim to showcase their competitiveness to the global oil elite in Texas at the Offshore Technology Conference.

by Eugenia Muzio

ENERGY & GAS

Vista buys Petronas’ Argentina oil stake in US$1.5-billion deal

16-04-2025 12:25 Deal all but cements exit of Malaysia’s Petronas; It’s also a sign that development of Vaca Muerta will increasingly be spearheaded by homegrown drillers.

ENERGY & GAS

PAE confirms shale gas reserves in Chubut Province

15-04-2025 16:51 Pan American Energy to invest US$250 million in project to exploit shale gas findings in Cerro Dragon field, says Chubut Governor Ignacio Torres.

RUSSIAN-UKRAINE WAR

Putin agrees to halt Ukraine energy attacks but no ceasefire

18-03-2025 17:07 Vladimir Putin agrees to pause attacks on Ukraine's energy infrastructure, but the Russian president still demands a "complete cessation" of Western military and intelligence support to Ukraine as part of a ceasefire agreement.

ANALYSING ARGENTINA

Exit rigging, enter RIGI

08-03-2025 06:00 Argentina has, many times in its recent past, seen long-term sustainability ruined by short-term objectives.

by Marcelo J. García

ENERGY & GAS

Equinor said to approach YPF on Argentina shale assets sale

28-02-2025 10:28 Equinor ASA has discussed selling stakes in Argentine shale oil assets to its joint venture partner, state-run oil company YPF SA.

Energy Export

Energy export surge quells fears over currency management

29-01-2025 11:20 BlackRock, Barings say energy dollars should quell Argentina’s foreign exchange concerns.

ENERGY & GAS

Shale spurs Argentina’s largest energy trade surplus since 2006

23-01-2025 16:34 Argentina scored its widest annual energy trade surplus in nearly two decades in 2024 thanks to booming oil and gas production.

ENERGY & GAS

Milei vows to promote nuclear energy in Argentina

21-12-2024 11:37 President vows to install nuclear reactors to power artificial intelligence servers across Argentina.

BUSINESS & INVESTMENT

Argentina’s Aconcagua eyes global bond market, foray into shale

17-12-2024 15:23 Oil driller Petrolera Aconcagua Energia SA is looking to sell an international bond, swooping into an opening for Argentine energy corporates that’s materialised with President Javier Milei’s free-market reforms.

Investing in Argentina

Milei touts US$50 billion from investors eyeing 30-year loopholes

02-12-2024 13:04 Argentina has abundant natural resources and legions of well-educated workers. But it struggles to attract investors because its politicians have a habit of changing the rules on a whim.

LATAM

Hunger in G20 host Brazil is Lula's unfinished fight

14-11-2024 19:32 Left-wing President Luiz Inácio Lula da Silva will call for "Global Alliance against Hunger and Poverty" at the G20 summit in Rio.

ypf nationalisation case

Burford open to Argentine bonds for US$16-billion judgement

08-11-2024 19:36 Burford Capital, which won a US$16-billion judgement against Argentina over its nationalisation of energy firm YPF SA more than a decade ago are open to receiving payment in bonds instead of cash.

BUSINESS & INVESTMENT

BP venture eyes investment to make green jet fuel in Argentina

06-11-2024 11:40 The Pan American Energy Group is mulling an investment to make clean jet fuel at its refinery outside Buenos Aires.

ENERGY & GAS

Pampa Energía sizes up LNG projects as Milei aids shale growth

18-10-2024 17:37 Energy producer Pampa Energía SA will decide in the next three months whether to partner on a multibillion-dollar LNG plant, says Marcelo Mindlin.

CHANGES TO GOVERNMENT

PRO gains another spot in government as energy secretary resigns

17-10-2024 16:22 Eduardo Chirillo resigns as energy secretary; María del Carmen Tettamanti, former chief of Camuzzi gas distributor and advisor to Patricia Bullrich, appointed to post.

Lithoim market

Rio Tinto arrives in lithium with a survival-of-the-fittest mentality

10-10-2024 07:58 Rio Tinto has assumed a survival-of-the-fittest mentality in the lithium industry – as prices have fallen, it has sought to buyout a once coveted producer at a steep discount.

ENERGY & GAS

Bolivia natural gas shortage sends economy teetering

09-10-2024 13:57 Bolivia's once powerful natural gas industry is now on the verge of collapse as a result of a lack of investment and maintenance. The fall of the state-supported industry has sent shockwaves through Bolivia's economy.

ENERGY & GAS

Argentina mulls tender for power lines after years of neglect

02-10-2024 16:45 Argentina is rushing to put together a “market solution” for its national network of high-voltage power lines, a severely neglected part of the grid.

ENERGY & GAS

Argentina may implement power cuts to cope with summer demand

23-09-2024 16:31 Argentina plans to resort to scheduled power cuts to cope with electricity demand this Southern Hemisphere summer amid forecasts for high temperatures that would force customers to crank up air conditioning.

Lithium in Argentina

Economic crisis thwarts bid to go nuclear with lithium bounty

17-09-2024 11:35 Currency woes dog Argentine scientists trying to develop key isotope Lithium-6, which could have nuclear applications; Milei’s spending cuts, privatisation plans are also a factor.

ypf nationalisation case

US says it may weigh in on Burford’s US$16-billion Argentina award

09-09-2024 21:08 United States government “actively considering” whether to file statement of interest with courts concerning Burford Capital’s efforts to collect a US$16-billion judgment against Argentina over nationalisation of state oil firm in 2012.

MINING & GAS

YPF eyes sale of lithium unit as focus narrows on shale ramp-up

31-08-2024 17:12 State-run oil company YPF SA is considering a sale of its lithium unit as part of a sweeping divestment strategy to streamline investments into Vaca Muerta shale patch.

LATIN AMERICA

Paraguay's abundant hydropower draws crypto miners, legal and not

30-08-2024 11:02 In the Paraguayan city of Hernandarias, a data centre with rows upon rows of supercomputers stands as a testament to a burgeoning crypto-mining sector attracted by the country's abundance of cheap, green electricity.

ENERGY & GAS

Petrobras eyes Argentina deals to boost energy imports

26-08-2024 14:42 Brazil’s state-controlled oil producer Petrobras is hunting for shale gas deals in Argentina.

ECONOMY & FOREIGN POLICY

Argentina, US ink accord for ‘cooperation on critical minerals’

23-08-2024 13:31 Argentina and the United States sign memorandum of understanding to strengthen production of "critical minerals" such as lithium that are essential for the energy transition.