• 6 minutes Trump vs. MbS
  • 11 minutes Can the World Survive without Saudi Oil?
  • 15 minutes WTI @ $75.75, headed for $64 - 67
  • 2 hours Satellite Moons to Replace Streetlamps?!
  • 39 mins EU to Splash Billions on Battery Factories
  • 19 hours US top CEO's are spending their own money on the midterm elections
  • 5 hours U.S. Shale Oil Debt: Deep the Denial
  • 5 hours The Balkans Are Coming Apart at the Seams Again
  • 21 hours OPEC Is Struggling To Deliver On Increased Output Pledge
  • 5 hours The Dirt on Clean Electric Cars
  • 16 hours Uber IPO Proposals Value Company at $120 Billion
  • 7 hours 47 Oil & Gas Projects Expected to Start in SE Asia between 2018 & 2025
  • 19 hours A $2 Trillion Saudi Aramco IPO Keeps Getting Less Realistic
  • 1 day Petrol versus EV
  • 22 hours U.N. About Climate Change: World Must Take 'Unprecedented' Steps To Avert Worst Effects
  • 23 hours 10 Incredible Facts about U.S. LNG
Alt Text

The Demise Of Petrocaribe

Petrocaribe, a mechanism created by…

Alt Text

Is Trump Eyeing A Coup In Venezuela?

Donald Trump has not been…

Alt Text

Did Venezuela Just Lose A Key Ally?

Venezuela is running out of…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Elections in Argentina May Quicken Investment Pace

Bottom line: Opposition to the economic policies of President Cristina Fernández Kirchner will translate into votes for anti-kirchneristas, and may contribute to a quicker pace of investment going into 2014.

Analysis: As the economy falters in Argentina, the popularity of current President Cristina Fernández Kirchner is waning. On 27 October, Argentines will head to the polls for legislative elections. Although Kirchner’s party, the Frente de la Victoria, may not lose a significant number of seats, heated campaigning on both sides means they will not gain sufficient numbers to push through controversial bills (such as a constitutional amendment that would permit Kirchner to run for a third term).

Foreign investors are responding already to the Frente de la Victoria’s mediocre showing in August primaries. Dow and YPF, the state hydrocarbons firm, signed a contract in September to invest $120 million at Vaca Muerta in Neuquén, the giant shale gas field that Chevron also plans to explore. Dow will focus on the “El Orejano” block while Chevron will drill in Loma la Lata and Loma Campaña. Tecpetrol, which is already operating wells in Chubut promised to invest an additional $200 million there to extend its concession from 2017 to 2027. While outside companies work to extract gas and oil, Argentina still needs to rely on imports to meet demand. Other major oil companies, including Gazprom and Pemex, are in talks to…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News