Via The Financial Times, a look at how Argentina’s turmoil is affecting its largest oil company, YPF: As chess players know, the queen is the most powerful piece, able to advance a number of steps in several directions at any time. It looks like Cristina Fernández, Argentina’s president has been honing her chess skills as […]
Read more »Via The Financial Times, a report on the Argentinian government’s decision to scrap an incentives plan to encourage big oil companies to produce and refine more. As the article notes: As usual, Argentina has a ready explanation. But the timing of the government’s decision to scrap an incentives plan to encourage big oil companies to […]
Read more »Courtesy of The Financial Times, a report on China’s increased investment in Argentina. As the article notes: When China’s largest oil producer looked overseas 14 years ago for places to invest, it settled on the then-untapped riches of Sudan.That investment, in 1996, kicked off a string of deals in Africa, as Chinese state-owned oil companies […]
Read more »Courtesy of The Financial Times, an interesting analysis of China’s interest in – and approach towards – Argentina. As the article notes: Being a commodity-hungry emerging power with plenty of cash can be a frustrating occupation sometimes. The goods are out there, the price is right, but getting hold of the stuff (be it oil, […]
Read more »Via Energy Daily, a report that China’s overseas hydrocarbon acquisition activities continue, this time in Argentina. As the article notes: “…China’s state-owned energy giant Cnooc said Sunday it would pay 3.1 billion US dollars for a 50-percent stake in an Argentinian-owned energy company , the latest in a string of acquisitions. Cnooc said the deal, […]
Read more »Via NuWire Investor, an interesting analysis of investment & economic prospects in Latin America. As the article notes The “right” Latin America will thrive in the New Year, fueled by ts own growth—with an assist from the continued hot growth from China—while the “wrong” Latin America will get left behind. The second phase of emerging […]
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