Investments

• Wednesday, March 28th 2012 - 00:36 UTC

  Argentina again warns Repsol-YPF as provinces terminate production concessions

  

  Amidst raising tensions between the Argentine government and Spain’s Repsol-YPF oil company, Interior Minister Florencio Randazzo warned on Tuesday that the administration led by President Cristina Fernández will take “all necessary measures to guarantee the country's energy self-supply”.

• Monday, March 26th 2012 - 09:23 UTC

  Relief for Dublin? Ireland on the verge of becoming significant producer of oil

  

  The euphoria around a small-to-medium oil discovery off the southwest coast of Ireland may be overblown but the country could yet become a significant producer if it can replicate the drilling success in much deeper waters to the west

• Monday, March 26th 2012 - 08:18 UTC

  Argentine province of Salta joins the pack and revokes YPF oil concessions

  

  As was anticipated yet another Argentine province, Salta, announced Sunday its decision to revoke a concession from Spanish held oil company YPF. The governor from the north-west province of Salta, Juan Manuel Uturbey, and a close ally of President Cristina Fernandez, announced his decision to revoke oil company YPF concession of the Tartagal Oeste area and his intention to include it in a list of areas that will be put out to tender.

• Sunday, March 25th 2012 - 10:56 UTC

  Argentina begins legal actions against oil companies operating in the Falklands

  

  The Argentine Government announced on Saturday it had begun the legal proceedings put together with the AFIP tax agency against five British oil companies, accusing them of “carrying out illegal operations” in the Falklands/Malvinas Islands.

• Friday, March 23rd 2012 - 23:11 UTC

  Another Argentine province cancels oil concessions to Spain’s held YPF

  

  The Argentine province of Mendoza joined on Friday other oil producing areas of the country in cancelling concession contracts which has been awarded to the Spanish owned oil corporation Repsol-YPF, with which the government of President Cristina Fernandez is involved in a controversy over long term investment.

• Tuesday, March 20th 2012 - 17:21 UTC

  Falkland Oil and Gas in farmout agreement involving license areas and cash

  

  The exploration company Falkland Oil and Gas Ltd. (FOGL) has entered a farmout agreement with an unnamed party for its licenses south and east of the Falkland Islands.

• Monday, March 19th 2012 - 06:44 UTC

  Falklands’ oil company delays report on deep water exploratory drilling

  

  UK based oil firm Borders & Southern pushed back the time frame for initial results from an exploration campaign offshore the Falkland Islands after a deep water well experienced technical issues.

• Sunday, March 18th 2012 - 19:59 UTC

  Paraguay calls on Argentina for “reflection and dialogue” regarding trade restrictions

  

  The Paraguayan government called for “reflection and dialogue” from the Argentine government in order to find a solution to the commercial restrictions in place on imported products, “we don’t need any more walls”.

• Sunday, March 18th 2012 - 19:48 UTC

  Unasur supports Argentine Malvinas and call on UK to resume negotiations

  

  Foreign ministers from the Union of South American Nations (UNASUR) reaffirmed their support for Argentina over the Malvinas Islands sovereignty dispute at the annual meeting held in Asunción, Paraguay.

• Saturday, March 17th 2012 - 07:21 UTC

  YPF is an Argentine asset run by Spanish investors, De Vido tells Madrid

  

  Argentine Planning Minister Julio de Vido lashed out at Spanish Industry Minister José Manuel Soria by saying that oil company YPF is an Argentine corporation run by Spanish investors and should not be considered an asset of the European country.