Related Articles
Outlook 2017
Forward article link
Share PDF with colleagues

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 internation

Also in this section
Saudi Arabia: Into the unknown
15 December 2017
The crown prince’s domestic and regional policies are taking the kingdom along several new and uncharted paths
Happy days ahead for Tullow Oil
14 December 2017
The company's bottom line suffered when crude prices crashed in mid-2014, but a landmark maritime boundary resolution should lead to a welcome boost for company revenues
Egypt: Clearer thinking
13 December 2017
The country has committed itself to reducing the volume of associated gas that’s flared at oilfields