Argentina’s oil and gas incumbent to work with PAE, Golar, Shell, and Eni after Malaysia’s Petronas pulled out
Energy
The Taca Taca mine’s reserve of copper, gold, and molybdenum could mark a turning point for Argentine mining
The deal was for US$900 million in cash and US$300 million in deferred payment, with Petronas receiving over 7 million Vista shares
Pan American Energy will invest US$250 million to explore and develop five wells in the Gulf of San Jorge basin
The change to the company’s status follows a similar move at Banco Nación on Thursday
The country is undergoing another heatwave, with 10 provinces under a red weather alert for extreme heat
Despite the changes, long-term projections for established firms remain positive
Top EU diplomat: EU-Mercosur deal sends ‘clear message in support of free trade’
EU Deputy Ambassador Eran Nagan on the blocs’ evolving agreement, lithium, and Argentina’s human rights policies
Concerns abound over wider power outages as the country undergoes the peak of 2025’s first hot spell