Petrobras calls for clear rules to foster investment in shale production development

Wednesday, April 10th 2013 - 07:33 UTC

Full article 6 comments

Brazil’s oil and gas Petrobras said Argentina needs clear rules to foster investments if it wants to develop its unconventional oil and gas resources. Read full article

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yankeeboy
Rule of law, contract law etc will not return to Argentina until CFK is gone.

I am no sure why PetroBras is saying anything at all they're pulling out of Argentina all together shortly.
Apr 10th, 2013 - 11:45 am - Link - Report abuse 0
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willi1
but it´s good to put the finger in the wound and to make her pain.
ck is acting only according to her own rules which means today so and tromorrow so, just at her choice. she is crazy in a special kind, believing the people like her bullshit talks.
Apr 10th, 2013 - 02:35 pm - Link - Report abuse 0
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Math
Brazil has not been enforcing crontracts either.
Apr 10th, 2013 - 03:29 pm - Link - Report abuse 0
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ChrisR
Nothing will come of it until TMBOA is dead or left the country.

ANY International listed business would be at risk of being delisted if they got into bed big time with the bunch of crooks running AR at the moment, not to mention a shareholder revolt and the exit of the Chairman and others involved in the decision.
Apr 10th, 2013 - 08:04 pm - Link - Report abuse 0
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Pete Bog
A piece of advice for Argentina.

The FIG with very few people have managed to get successful energy investment in the Falklands where the resources may not be as great as some think (hence there was no drilling many years ago) and not exactly easy to access.

Argentina with huge resources (on land so fairly easy to access) and lots of people, have to also get outside developers to help with their energy (the islanders have an excuse-there's only 3000 of them vs 40 000 000 in Argentina).

Suggestion, Argentine friends -pay the Falkland Islands government the defence costs that you owe the Brits for keeping your greedy colonial hands off the islands ($ or £s please-in advance so that the cheques don't bounce), and FIG will sort out your energy exploration for you, without the usual cock ups.

Problem solved and everyone wins.
Apr 12th, 2013 - 09:29 pm - Link - Report abuse 0
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Islander1
Can somebody tell me where the Vaca Muerta is on the map ? Is it in Chubut or Santa Cruz - or where? Patagonia is a bit vague- it is a huge area - even thnk will agree with me on this!
Apr 16th, 2013 - 08:47 pm - Link - Report abuse 0
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