The Argentine government authorized the sale of three offshore blocks from the Austral basin, a day after Norway's Equinor and Shell Oil said they had not found a trace of oil in the well Argerikch drilled offshore Argentine province of Buenos Aires.
Argentina could be on the path to start exporting LNG from its Vaca Muerta shale gas deposits, after Golar LNG signed a 20'year deal with Pan American Energy (PAE) for the deployment of a Floating Liquefied Natural Gas (FLNG) vessel in Argentina according to a report from US Energy Information Administration.
In addition to President Javier Milei not attending the 64th Southern Common Market Summit in Asunción, Argentina brought another dissenting note to the regional bloc when Foreign Minister Diana Mondino upheld the idea of brokering unilateral deals with foreign powers or blocs in blunt opposition to Brazilian President Luiz Inácio Lula da Silva's stance on the matter.
Brazilian President Luiz Inácio Lula da Silva landed in Santa Cruz de la Sierra on Monday evening straight from the 64th Mercosur Summit in Asunción with an entourage of some 100 businessmen from his country to explore opportunities in the new full regional bloc member.
A study released last week by Oxfam, a global movement seeking to end the injustice of poverty, found that the two wealthiest men in Latin America and the Caribbean owned more than 334 million others in the region.
Argentine President Javier Milei finally had his coveted May Pact endorsed in the wee hours of Tuesday at the historical house in San Miguel del Tucumán where the country's Independence was declared on July 9, 1816. If we fulfill these points we will live in a country without inflation for the rest of our lives, the Libertarian leader said after signing the document and delivering a speech lasting about one hour.
Last month was the hottest June on record in the northern hemisphere, according to a study from the European Union’s Copernicus Climate Change Service released Monday. It was also the thirteenth month in a row to set a temperature record.