Marina Cappiello

The document is defined as a conceptual framework rather than an implementation schedule with specific deadlines and allocated budget items.
The Nuclear Sector Roadmap

Argentina Sets Nuclear Doctrine to Open State Sector to Private Capital

The Secretariat of Nuclear Affairs presented the 2026 Argentine Nuclear Policy Guidelines on the CNEA's 76th anniversary. The framework fixes criteria for ownership, exports and commercial validation across the sector — and arrived after the channel for private bids had already opened

The US shale industry experienced its first projected contraction since the boom
Drill, Baby, Drill

The White House Pushed the Majors to Drill. The Permian Did Not Move — U.S. Shale Has Stopped Responding to Price

U.S. Energy Secretary Chris Wright and Interior Secretary Doug Burgum convened a 45-minute call with the CEOs of ExxonMobil, Chevron, Occidental Petroleum and Continental Resources. The U.S. rig count has fallen to 543, the Permian is holding at 242, and independent producers plan flat 2026 capital expenditure. For Argentina, the read-through runs through capital: when price-drilling elasticity breaks in the dominant basin, rotation into Vaca Muerta stops being an optional bet.

Horacio Marín, Marcelo Mindlin and Marcos Bulgheroni during the discussion on the Argentina LNG project.
Key negotiations

Argentina LNG: YPF advances banking round with Deutsche Bank, Citibank, two Japanese lenders and meetings with Banco Santander during Argentina Week

Horacio Marín worked the margins of the event in New York with bilateral meetings aimed at structuring what several banks already position as the largest project finance deal in Latin America. JPMorgan Chase is acting as adviser and has already begun outreach to more than 200 financial institutions worldwide. The final investment decision (FID) is targeted for the second half of 2026.

The Dock Sud refinery and nearly 900 Shell service stations are up for sale.
The Argentine asset is being sold

Raízen seals restructuring deal with creditors in Brazil while negotiations with Mercuria Energy Group progress in Argentina

The joint venture between Shell and Cosan is hours away from closing a debt restructuring with creditors who demanded a capital injection of up to $4.874 billion. The Argentine business — profitable, with sales still growing — is being sold anyway. The Dock Sud Refinery and nearly 900 Shell service stations did not fail. They simply happen to be where the money can be raised fastest.

Globant CEO Martín Migoya said he will analyze the possibility of joining the Instituto Vaca Muerta.
AI arrives in Vaca Muerta

Instituto Vaca Muerta: Martín Migoya says Globant could join training center

The CEO of Globant said he will analyze the possibility of joining the Instituto Vaca Muerta, an initiative promoted by YPF to strengthen technical training in unconventional upstream operations. In this way, artificial intelligence is beginning to play a central role in the training of future upstream specialists.