At least 40 dead penguins were found on the Camet beaches in the northern part of the beach resort and fishing industry hub of Mar del Plata. Experts say that despite its shocking effect on residents these events have been occurring every year as a result of climate change and the ensuing lack of food. The first such appearances date back to “between 2000 and 2005,” it was explained.
Argentina's Energy Secretariat Monday declared the official beginning of the so-called Argerich Project, which consists of the installation of an exploratory well 300 kilometers off the coast of Mar del Plata, marking the commencement of offshore oil exploration in the Atlantic Ocean.
An Argentine court of appeals Monday lifted an injunction order from a lower magistrate, thus clearing the way for offshore oil drilling off Mar del Plata, but it demanded a maximum level of control in the operations.
Norway Equinor’s executive vice president for Exploration, Tim Dodson, and YPF's CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN 100 offshore block, located in the North Argentine Basin.
Norway's Equinor will invest up to US$ 15 billion in Brazil over the next 12 years to develop oil, gas and renewable energy sources, the company said. Coinciding with an expected drop in output from many aging oilfields off the cost of Norway, Brazil is expected to become a core region for Equinor as the firm takes advantage of the country’s opening in recent years to more foreign investment.