Stakeholders point to expected E&P investment jump.
The Supreme Court revoked the environmental approval earlier this year for the US$165mn Penco-Lirquén LNG regasification terminal, citing that the government had prematurely ended the indigenous consultation phase.
Authorities cancel process for original auction and announce plans to hold a new one by the end of the month.
Local refiners will pay US$55/b and US$47/b for the Medanito and Escalante crude oil benchmarks, respectively, during the second half of the year, barring a severe drop in Brent pricing or depreciation of the Argentine peso.
Junior says that 1P and 2P reserves at the Puesto Guardian license have risen 9% and 10%, respectively, after a new independent certification.