Repsol Chairman Antonio Brufau insisted on Tuesday that the government of Argentina should offer a compensation package that will convince the Spanish oil firm to settle the expropriation of its stake in energy firm YPF.
Tags: Argentina
Argentine default looms as time runs out for debt deal
Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, though a last minute deal can't be discounted.
YTS revives Argentine movie streaming app Popcorn Time
After gaining popularity last week for its easy-to-use movie streaming interface and being shut down shortly after that, Buenos Aires, Argentina-based app Popcorn is being revived by torrent site YTS.
Argentina to impose online purchase restrictions
The Argentine Republic’s government is imposing a restriction on online purchases, in a bid to reduce the amount of dollars leaving the country and help lift its economy.
Corporacion America agrees to buy Batista's stake in Brazil semiconductor project
Argentina-based investment group Corporacion America reached an agreement to buy the stake of entrepreneur Eike Batista in SIX Semicondutores, a Brazil-based billion-dollar semiconductor project, for an undisclosed sum.
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London-listed Hochschild Mining Plc plans a USD350 million bond issue to finance its expansion projects in Peru and Chile. It intends to invest USD372 million in a silver mine project in Peru and USD1 billion in a gold project in Chile.
On Wednesday, sources disclosed that the board of directors of Spanish oil major Repsol will resolve to agree on compensation for its 51% ownership stake in YPF, of which the latter will be nationalized by the government of Argentina.
In a filing with the US Supreme Court, Argentina seek stay of payment order issued by lower court. The Argentine government had filed an urgent motion in US Appeals Court last Friday to stay the hold order requiring the government to pay USD1.
The Vaca Muerta oil field is set to be offered for bids by the regional authority of Patagonia, Argentina.
Argentina lost an appeal in a 2nd district circuit court in New York and deemed to wait until the US Supreme Court had finished reviewing their case.
The International Monetary Fund forgoes Managing Director Lagarde's recommendation due to lack of United States support.
The US $1.24 billion between Chevron Corp. and Argentina government's YPF may be turning point in the country's protectionist policy but it comes with an underlying political danger.
According to IDC, there were seven countries where Windows Phone outsold the iPhone. The Head of Public Relations at Microsoft, Frank Shaw, published a blog which tallied the progress of Microsoft.
Chevron announced the signing of an investment agreement with Argentina's YPF. Chevron announced that they have signed an agreement with Argentina's YPF (Yacimientos Petrolíferos Fiscales).
