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
Oil and gas in the new world order
22 March 2017
Geopolitical risks are changing and rising. The energy sector will be in the crosshairs
Slow reset of US-Russian relations
20 March 2017
Trump and Tillerson should help improve US-Russia relations. But an end to sanctions doesn't look imminent
Building walls
20 March 2017
The new White House promises to be generous to energy. Some policies will be anything but