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PetrusAmerican company Continental Resources and Swiss firm Mercuria are each acquiring a 50% stake in Phoenix Global Resources, with plans to boost production at the Vaca Muerta field and invest over $4 billion in Argentina. The financial details of the deal have not been disclosed.
PetrusContinental Resources and Mercuria Energy Trading are each acquiring a 50% stake in Phoenix Global Resources to jointly develop shale oil production in Argentina. The partners plan to increase investment and output at the Vaca Muerta field, investing over $4 billion in the next five years.
PetrusThe American company Chevron will invest $13.8 billion in the development of the El Trapial shale block in Argentina, utilizing advanced technologies and benefiting from government support to encourage investment. This project could become one of the largest new investments in the country's energy sector.
RatioArgentina's economy grew by 4.4% in 2025, slightly below analysts' forecasts. The country's GDP also showed moderate growth compared to previous periods.
OpusIn January, industrial production in Argentina fell by 3.2% compared to the previous year, reflecting ongoing economic challenges. However, compared to December, there was a 3.1% increase.