Argentina - closing the deal
Argentina will spend 2017 trying to come good on its upstream promise
The honeymoon is over for Argentina's president, Mauricio Macri. In 2016, the new president was given plenty of slack; a recognition of the mess he inherited and the wide-ranging reforms needed. In 2017, Macri and his team of technocrats will need to show results: that means getting the promising energy sector, especially shale development, on track and winning back investors. Market-pricing reforms should move ahead in 2017. Oil producers in Argentina were largely shielded from the collapse in international crude prices, as the government propped prices up well above international levels - most recently at $67 a barrel. That will have to start moving down towards the prevailing internationa
Also in this section
24 March 2026
It is an unusual story of out with the new and in with the old, as America First Refining shows the US going back to trusted energy security developments
23 March 2026
A complex and sometimes contradictory web of factors that include unpredictable oil prices, the globalisation of LNG markets, the expansion of Middle Eastern sovereign capital and the growth of datacentre demand will shape the energy landscape beyond 2026
23 March 2026
The Strait of Hormuz crisis highlights how key waterways can become global chokepoints
20 March 2026
Attacks on key oil and LNG assets across the Gulf mean a prolonged supply disruption, with damage to Qatar’s export capacity undermining confidence in the global gas system
