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Argentina to expropriate Repsol oil subsidiary YPF
Argentina says it will seize a controlling interest in oil company YPF that is owned by Spanish firm Repsol. President Cristina Fernandez said a bill ... Argentina has some of the world's largest reserves of shale oil and gas. It is ranked number three ...
Argentina moves to seize control of Repsol's YPF  Reuters
Argentina to renationalise oil group YPF  Financial Times
Seizure of Repsol affiliate in Argentina stuns oil markets
But there has been nothing comparable to what happened in Argentina, where the government of President Cristina Fernandez de Kirchner has seized an affiliate of the Spanish oil company Repsol, expelling executives from their offices and hinting that it ...
Move on Oil Company Draws Praise in Argentina, Where Growth Continues
“They should expropriate 100 percent, not just a part of it,” said Fernando Solanas, a congressman and filmmaker who belongs to an opposition party.
In the picture: a short history of nationalisations
On Monday Cristina Fern�ndez, Argentina's president, announced the renationalisation of the oil company YPF, ousting the Spanish group Repsol as majority owner and prompting a furious response from Madrid. With Spain and the European Union ...
How much Tax does Big Oil Actually Pay?
President Obama is intent on cutting the tax breaks that are handed out to the oil and gas majors. He has now made several attempts to pass a law in congress that will remove all tax breaks in the oil sector, and bring in an extra $25 billion in tax ...
Out of Africa (and Elsewhere): More Fossil Fuels
Countries like Tanzania and Kenya also are attracting billions of dollars in investment from the world's largest energy companies as they search for new oil and gas reserves. Continue ... In total, the Italian company expects to spend $50 billion to ...
Brazil's Oil Future: The New (Big) Kid on the Block
At a time when economies around the world are struggling, Brazil's economy is forecasted to continue remarkable growth. driven in part by its oil and gas sector which, if realized, would allow it to emerge as a global leader for the first time in crude ...
The rise of 'resource nationalism'
But then President Cristina Fernandez's left-leaning government upset a lot of people by nationalizing the oil sector - seizing control of YPF on the grounds that Repsol hadn't invested enough in the country. ... Back in May of 2006, Argentina's ...
Falkland islands: Venezuela criticises British threats against Argentina
Mrs Kirchner has put a bill to congress that would give Argentina a majority stake in oil and gas company YPF by taking control of 51 per cent of its shares currently held by Spain's Repsol, a move that could cause a major rift with Spain. The ...
Spain Responds to Argentine Nationalization with Import Curbs
MADRID - Spain's government said Friday that it will limit imports of Argentine biodiesel in response to Buenos Aires' move to nationalize YPF, a unit of Spanish oil major Repsol. The curbs will be affected through support for biofuel production in ...