Tag: Argentina

• Tuesday, October 30th 2018 - 08:45 UTC

  YPF plans US$ 4bn annual investment in oil and gas production

  

  Argentina's state-controlled oil company, YPF, will significantly boost oil and gas production, investing between US$4 and US$ 5 billion per year through 2022, Chief Executive Daniel Gonzalez said. The plan is to raise production by between 5and 7% per year, with the largest increase in the Vaca Muerta formation, one of the world's largest reserves of shale oil and gas.

• Monday, October 29th 2018 - 08:50 UTC

  Falklands in post-Brexit scenario triggers speculation and controversy

  

  Britain rejected point blank the suggestion that a ‘No Deal’ Brexit will help Argentina's claim over the Falkland Islands. The Prime Minister official spokeswoman said there was no doubt Britain’s “relationships” with all of its overseas territories would remain in place after March 2019.

• Monday, October 29th 2018 - 08:09 UTC

  Falklands relations: Argentine congress summons Faurie to explain

  

  Argentina's foreign minister Jorge Faurie has been summoned this Monday to the Foreign Affairs commission of the Lower House to explain relations between Argentina and the United Kingdom as well as his latest statements regarding the Falkland Islands and its people, in interviews with the London media.

• Sunday, October 28th 2018 - 19:25 UTC

  Argentina seeks extension on due Bolivian gas bills

  

  Argentina's cooking gas company Integración Energética Argentina S.A. (formerly Enarsa) has asked Bolivia's Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for an extension to pay up the bills for the past two months plus interests due since 2007, it was reported.

• Saturday, October 27th 2018 - 09:38 UTC

  IMF completes review of Argentina's stand-by loan; Lagarde praises performance

  

  The Executive Board of the International Monetary Fund (IMF) completed on Friday the first review of Argentina’s economic performance under the 36-month Stand-By Arrangement (SBA) that was approved on June 20, 2018.

• Friday, October 26th 2018 - 19:25 UTC

  Search for ARA San Juan deemed “useless” will go on after pressure from Argentine Navy

  

  Ocean Infinity, the US company searching the missing Argentine submarine ARA San Juan, revised its decision to halt operations deemed “useless” until February and resumed work to comply with the minimum 60-day task agreed upon, it was reported.

• Friday, October 26th 2018 - 09:51 UTC

  Higher taxes ahead for Argentine real estate owners

  

  Argentine President Mauricio Macri has created a new body within his administration to reassess the value of land and home property in order to “reflect the reality of the real estate market” ... and recalculate taxation thereupon.

• Friday, October 26th 2018 - 08:48 UTC

  Falklands: Brexit and Argentina's plan for closer links with the Islands

  

  Brexit brings a chance to strengthen ties between Argentina and the Falkland Islands, the country's foreign minister Jorge Faurie said in London. Faurie met with Foreign Secretary Jeremy Hunt and the pair discussed increasing trade and travel links between the Falkland Islands and South America.

• Friday, October 26th 2018 - 07:38 UTC

  Argentina expects final approval of 2019 budget by mid November

  

  Lawmakers in Argentina’s lower house of Congress approved on early morning Thursday an unpopular austerity budget designed to meet the stiff requirements of a US$57.1 billion International Monetary Fund bailout.

• Friday, October 26th 2018 - 00:48 UTC

  Dujovne foresees Argentina's October inflation “will be bad”

  

  Argentina's Finance Minister Nicolás Dujovne Tuesday admitted October's inflation “will be bad” due to the September carryover. But he expected “a clear drop” for November.