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.
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 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.
The Islamic Revolutionary Guard Corps (IRGC) did not need a war fleet to paralyze 20% of the global oil supply. Targeted attacks on commercial vessels — and the collapse of the maritime insurance market that followed — were enough. Now there are mines in the water that struck the cargo ship Mayuree Naree today in the Strait of Hormuz.
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.
In the energy and industrial sector, where ABB operates globally, diversity is not only a matter of social equity. It is a business imperative.
Kuwait declared force majeure on Saturday, Iraqi production has collapsed 70%, and Japan is considering a unilateral release of strategic reserves. Brent hit its highest level since 2022, and operators in Vaca Muerta face a week with more questions than answers.
The analyst, Rystad Energy’s vice president for Latin America, discusses the oil and gas outlook shaking the Middle East and its repercussions for Argentina.
The Colombian investor group invested $107 million to become the largest shareholder in GeoPark. The deal aims to accelerate the company’s regional growth strategy and its development in Vaca Muerta.
The company acquired the assets of the Norwegian firm, which withdrew from the country, and is now awaiting a decision from the pipeline consortium and Chilean national authorities to add its shale oil volumes.
Analysts say Iran is using the threat to the Strait of Hormuz to pressure the United States, putting the promise of cheap energy at risk. The conflict is adding political strain just months ahead of the midterm elections.
Leading Middle East, national security and intelligence expert Danny Citrinowicz argues that the Trump administration faces a strategic dilemma: U.S. and Israeli military superiority does not guarantee a political victory against a regime that will not yield on its nuclear program.
Associated gas — the gas that inevitably emerges as a byproduct of oil production in the black oil and liquids-rich window of the Neuquén formation — is rich in high-value components. In January, output climbed to 26.7 million cubic meters per day, setting a historic record. The industry is closely monitoring the trend, as it could open the door to a new business opportunity.
