Director
A $1.5 billion commitment to a single Vaca Muerta block and a new self-supply gas model have turned Argentina's largest power generator into an integrated oil producer — a transformation now documented in the company's annual SEC filing.
A U.S. official confirmed fresh strikes on the island Tuesday. Rystad Energy warns a direct hit on petroleum infrastructure could cut Iranian shipments by 80–90%, pushing Brent toward $135 within four months. Wood Mackenzie and Enverus flag further upside risk.
Since the United States and Israel struck Iran on Feb. 28, the Strait of Hormuz has entered an active crisis. Brent crude has risen above $100 a barrel for the first time in four years, the global liquefied natural gas (LNG) market has been shaken, and fertilizer prices have already increased by as much as 35%. Argentina is playing on both sides of the field.
The announcement, made during Argentina Week in New York, includes the expansion of Tratayén, a 573-kilometer NGL pipeline and a maritime terminal in Bahía Blanca. The project could reach a final investment decision (FID) within 60 days, according to Shale24.
The transfer of Manantiales Behr to PECOM Servicios Energía S.A.U. has already been approved by the board and is pending before the provincial authorities. Even so, Horacio Marín announced in New York that the company is not closing the door on unconventional development in Chubut. The regulatory mechanism that would enable that already exists, and Pan American Energy activated it in Cerro Dragón.
The expansion of the incentive regime to hydrocarbon production not only added fiscal benefits to Pampa Energía’s project in Vaca Muerta, it also changed its scale. Previously outside the program’s scope, the company led by Marcelo Mindlin is now accelerating its development curve toward a plateau of 45,000 barrels per day by 2027.
María Eugenia Sampalione (Newmont Cerro Negro), Dolores Brizuela (Dow), Gabriela Aguilar (Argentina-Texas Chamber of Commerce and IAPG DEI Commission), Evangelina Cordero (IAPG Comahue) and Giselle Somale (ABB) analyze the progress made, the gap that persists, and what is at stake in two industries experiencing rapid growth.
This technical study, integrating for the first time the Josemaría deposit in San Juan, Argentina, and Filo del Sol on the Argentina-Chile border, not only confirms the viability of a world-class binational district but also projects $18 billion in investment over the project’s life.
Argentina accelerated its geopolitical energy and mining agenda this week, signing a U.S. partnership on critical minerals and a complementary deal with Abu Dhabi and Italy’s state energy company. Foreign Minister Pablo Quirno defended the Washington agreements at the Munich Security Conference.
In the Austral Basin, TotalEnergies has brought online the world’s first hybrid solution integrating wind generation and battery storage to electrify gas treatment plants isolated from the power grid. The project, located in Tierra del Fuego, cuts direct emissions by more than 50% and sets a new global standard for decarbonizing E&P operations.
These are critical days for Argentina’s economic dynamics. The energy sector is bringing in dollars through financing, while sectors tied to the RIGI are driving domestic activity. New regulations are creating incentives to capitalize on the favorable momentum in emerging markets.
The net contribution of these assets to Vista is significant, adding approximately 21,869 boe/d (based on Q3 2025 production at post-deal stakes) and 54 million boe of additional proven reserves.
The main change is the modification of the export duty framework established under Decree 488/2020. When Brent trades at or below $65, the retention is 0% (no export duty). When it reaches or exceeds $80, the maximum rate of 8% applies. In the intermediate range (between $65 and $80), the rate increases gradually.
Argentina’s economy is entering a strategic moment, driven by the rise of its energy and mining sectors, within a global context where major powers are seeking critical resources from allies to strengthen “friendly” supply chains.
Donald Trump announced a series of trade measures targeting Denmark and several European Union countries, along with other allies. What impact could this have on U.S. energy exports to the EU and Argentina’s role?
