Although the Argentine government refuses to use the word crisis, President Cristina Fernandez de Kirchner launched Friday the energy rational consumption program geared to alleviate the power cuts and shortages that have plagued the city of Buenos Aires and metropolitan area.
Houston independent Apache Corp. reported that its Seccion Banos-2004 well on the Argentine side of Tierra del Fuego is producing 1,635 b/d of oil and 1.3 MMcfd of gas from the Lower Cretaceous Springhill sandstone. The well is the first large producer drilled following Apache's 1,800 sq-km, 3D seismic survey in the area.
Jorge Isaac Anaya, a former Argentine navy chief who was the leading proponent of the past dictatorship's ill-fated 1982 invasion of the Falklands Islands, has died at 81.
Anaya, who suffered a heart attack in 2006 while awaiting court questioning about human rights abuses during military rule, died at home
Argentina released the latest data on the consumer prices index which according to the controversial Nacional Statistics and Census Office, Indec, was 0.9% in December totaling 8.5% for the whole twelve months.
Argentina halted fuel exports and called for a pump price rollback on Monday amid reports of fuel shortages, government news agency Telam reported, citing unidentified government sources.
Construction of the 2.4 billion US dollars Pascua Lama gold mine has been delayed at least one year due to a tax dispute between Chile and Argentina. The Pascua Lama mine straddles the Chile-Argentine border
Argentina's former economy minister was charged Monday with trying to cover up the discovery of a bagful of cash she stashed in her office bathroom. Felisa Miceli now faces prosecution on charges of alleged cover-up and destruction of evidence. She also faces a 200.000 pesos embargo.
Remittances from Argentine expatriates soared eight times between 2001 and 2006 according to the latest report from the United Nations Economic Commission for Latinamerica and the Caribbean, CEPAL.
The eruption of Llaima, one of the most active volcanoes in Chile has had an impact in the neighboring province of Neuquén, Argentina, where a yellow alert is on and an emergency plan has been elaborated.
The Argentine Secretariat of Agriculture, Livestock, Fisheries and Food (SAGP&A) authorised a TAC of 270,000 tonnes of hake (Merluccius hubbsi) for this year -- a 20.5 per cent or 70,000 tonne cut compared to the quota fixed for 2007, which amounted to 340,000 tonnes.