The Argentine government authorized the sale of three offshore blocks from the Austral basin, a day after Norway's Equinor and Shell Oil said they had not found a trace of oil in the well Argerikch drilled offshore Argentine province of Buenos Aires.
Argentina could be on the path to start exporting LNG from its Vaca Muerta shale gas deposits, after Golar LNG signed a 20'year deal with Pan American Energy (PAE) for the deployment of a Floating Liquefied Natural Gas (FLNG) vessel in Argentina according to a report from US Energy Information Administration.
In addition to President Javier Milei not attending the 64th Southern Common Market Summit in Asunción, Argentina brought another dissenting note to the regional bloc when Foreign Minister Diana Mondino upheld the idea of brokering unilateral deals with foreign powers or blocs in blunt opposition to Brazilian President Luiz Inácio Lula da Silva's stance on the matter.
Argentine President Javier Milei finally had his coveted May Pact endorsed in the wee hours of Tuesday at the historical house in San Miguel del Tucumán where the country's Independence was declared on July 9, 1816. If we fulfill these points we will live in a country without inflation for the rest of our lives, the Libertarian leader said after signing the document and delivering a speech lasting about one hour.
During the Summit of Mercosur Heads of State and Associate Members, President Luis Lacalle Pou delivered a compelling speech emphasizing the significance of Mercosur and advocating for greater openness within the bloc. Uruguay is set to assume the pro tempore presidency of Mercosur, and Lacalle Pou used this opportunity to address pressing regional issues and international trade agreements, particularly focusing on the recent political changes in Argentina.
Argentine President Javier Milei enacted this weekend the most encompassing Bases Law granting the Government most of the tools it claims to need to rescue the country from her plight as the Libertarian Administration fine-tuned the last details for the so-called May Pact to be signd in Tucumán on the Eve of the Independence Day celebrations.
Chilean budget carrier SKY has expressed its interest in operating domestic routes within Argentina given President Javier Milei's shift to open skies policies, as recent agreements with Brazil, Peru, Ecuador, Canada and Panama would corroborate.
Paraguayan President Santiago Peña admitted that the Southern Common Market (Mercosur) was not going through the best of times as he prepared to host the bloc's Summit in Asunción Monday during which he is to hand over the grou's rotating presidency to Uruguay's Luis Lacalle Pou.
Instead of attending Monday's Mercosur Summit in Asunción, Argentine President Javier Milei chose to spend the weekend in southern Brazil with his friends the Bolsonaros, including the former head of state Jair, with whom he watched their national team eliminated from the Copa America by Uruguay on penalties on Saturday.
There seems to be no love lost between former Argentine President Mauricio Macri (2015-2019) and Security Minister Patricia Bullrich after Thursday's events at the Propuesta Republicana (PRO) Party Assembly the latter was supposed to chair but was sidelined. The rift between Macri and Bullrich has been going on for months, it was also reported in Buenos Aires.