Argentina

Thursday, May 18th 2017 - 17:36 UTC
YPF targets US$ 10 cost per barrel at Vaca Muerta shale deposits, by end of 2018

Argentina's oil corporation YPF plans to match United States costs in developing non conventional energy, by the end of 2018. This refers to the very rich shale deposits of Vaca Muerta, with a target of 10 dollars per barrel and for this purpose it has started a program of experimental drillings.
Thursday, May 18th 2017 - 11:57 UTC
An Argentine human rights reference indicted for misuse of public funds

A judge in Argentina has indicted the head of human rights organization the Mothers of Plaza de Mayo. Hebe de Bonafini, 88, has been charged with misusing public funds allocated to a social housing project.
Tuesday, May 16th 2017 - 10:46 UTC
Argentina joins Beijing's OBOR initiative to promote trade and peace; Macri begins official visit to China

Argentina is a great producer of food commodities and is capable of feeding 400 million people, president Mauricio Macri said addressing in Beijing the One Belt One Road, OBOR, international cooperation summit, the Chinese initiative to promote peace and trade, which convened 29 world leaders from all continents.
Tuesday, May 16th 2017 - 10:04 UTC
Brazil states RAF Hercules flights from or to Falklands are “humanitarian motivated”

The Brazilian government discards any “irregularities” in allowing British military aircraft, flying to or from the Falkland Islands, landing in its airports since the authorizations are humanitarian motivated, revealed a source from the Brazilian government to the Argentine news agency, Telam.
Tuesday, May 16th 2017 - 08:17 UTC
Argentina to issue US$ 20bn in sovereign bonds as part of 2017 financial program

Argentina has authorized the sale of US$20 billion in sovereign bonds to be issued under U.S. and British law, according to a decree published in the government gazette on Monday. The bond issuance, to take place under opportune market conditions, is part of the government's 2017 financial program.
Monday, May 15th 2017 - 11:11 UTC
Macri begins official visit to China and attends development forum with 27 world leaders

Argentine president Mauricio Macri, First Lady Juliana Awada, and members of the official delegation were received on Sunday by Chinese president Xi Jinping and his wife at the Great Palace of the People, where they were hosted together with 27 world leaders in the framework of the One Belt, One Road, OBOR, Beijing's ambitious international cooperation forum.
Sunday, May 14th 2017 - 09:27 UTC
YPF crude and gas output expected to decline 3% in 2017, due to labor problems and bad weather

Argentina's state-run oil firm YPF expects a 3% decline in crude and natural gas output this year due to labor problems and bad weather, Chief Financial Officer Daniel Gonzalez told investors during a conference call in Buenos Aires.
Sunday, May 14th 2017 - 09:05 UTC
Argentine officials confident economy exited recession and should grow 3% this year

Argentine Treasury Minister Nicolas Dujovne said he was confident the economy would grow more than 3% this year, while another treasury official said the economy had rebounded in March after declining the prior two months.
Thursday, May 11th 2017 - 23:28 UTC
Wine tasting in London to promote the Top 100 Argentine Wines, as chosen by Tim Atkin

“This is, probably, the largest tasting of Argentine wines to have ever been held in the United Kingdom”, read the introductory note from the renowned British wine expert and journalist Tim Atkin for the showcasing of the fifth edition of his annual report entitled “the top 100 Argentine wines” at the Ambassador’s Residence.
Thursday, May 11th 2017 - 12:51 UTC
Argentine president Macri off to China and Japan in search of investments

Argentine president Mauricio Macri and a delegation of ministers and governors, are off for an Asian tour in search of investments that includes the Arab Emirates, China and Japan. The undertaking is looking for billions of dollars to help develop Argentina's infrastructure.