World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Argentine President to Seize Control of Oil Company
Keywords:
Under Argentina's planned nationalization of oil company YPF, the government will take a 51% controlling stake in YPF. Of this stake the central government will take 51% and the provinces will take 49%. The bill is expected to be approved by Argentina's Congress. Spain's Repsol acquired a 57% stake during privatization efforts in the 1990's. YPF reserves constitute a large part of Repsol's reserves and 30% of its profits. Argentine oil production declined during the last ten years even as energy demand has increased in Argentina. The privatization of the 1990's is viewed badly in Argentina. Argentina now faces the challenge of increasing oil production and learning from efforts of Petrobras in Brazil.
Repsol YPF Argentina operations
11/08/2011
Grouped Articles
Repsol Rejects Argentina's YPF Compensation Offer
Wall Street Journal 06/26/2013
Repsol to Weigh $5 Billion Deal for YPF Controlling Stake
Wall Street Journal 11/27/2013
Argentina Is Said to Be Near Deal on Repsol Compensation
New York Times 11/26/2013
Repsol, Argentina Settle Energy Fight
Wall Street Journal 02/26/2014
Repsol Taps Big Argentine Oil Find
Wall Street Journal 11/08/2011
Argentina Has Oil Firm in Its Sights
New York Times 04/12/2012
Argentina's nationalization of Repsol YPF, the country's oil company privatized in the 1990's
04/16/2012
Argentina's president Kirchner said this was a "return of sovereignty and control" for Argentina over the country's oil assets.
Grouped Articles
Repsol Rejects Argentina's YPF Compensation Offer
Wall Street Journal 06/26/2013
New York Times 10/21/2013
Repsol to Weigh $5 Billion Deal for YPF Controlling Stake
Wall Street Journal 11/27/2013
Argentina Is Said to Be Near Deal on Repsol Compensation
New York Times 11/26/2013
Repsol Deal With Argentina Was Propelled by Pemex
Wall Street Journal 11/30/2013
The Influential Minister Behind Argentina’s Economic Shift
New York Times 01/26/2014
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us