The Argentine company is exiting mature oil fields and making projections with the barrel at US$72 at a moment when it is currently closer to US$60
Energy
The first and second boats together will have an annual production capacity of 6 million tonnes of LNG
Argentina’s oil and gas incumbent to work with PAE, Golar, Shell, and Eni after Malaysia’s Petronas pulled out
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