Shares in Echo Energy took a dive this morning after the South American oil explorer said it had issued 71.2 million shares.
UK oil exploration firm Echo Energy said drilling had started on the first of four wells it is targeting in Argentina.
Shell has announced plans to sell its downstream business in Argentina to Raizen for £680million.
Echo Energy said today that a rig is on its way to the Fraccion D asset, onshore Argentina, where it will work on three wells.
Argentina is readying a tender for a $500 million train line that could help unlock the potential of Vaca Muerta, one of the world’s biggest shale plays, Transport Minister Guillermo Dietrich said in an interview.
Mexico’s Vista Oil & Gas has clinched a deal to buy assets in Argentina for $700million.
South and Central American-focussed upstream oil and gas company Echo Energy is to begin drilling in Argentina next month.
Echo Energy shot up by more than 10% in London this morning after its enlarged share capital was admitted to trading.
Norwegian energy giant, Statoil, has announced its success within Argentina’s Gas y Petróleo del Neuquén’s (GyP) 5th bidding round to begin exploration within the Neuquén basin.
ExxonMobil has been given approval for the development of a 35-year unconventional exploitation concession offshore Argentina.
Leeds-based President Energy said today that it plans to raise £6million ($8million) through a share placing.
Shell has found a buyer for a chain of Argentine gas stations worth more than $1billion, a news report said.
Schlumberger has signed a deal with Argentina’s YPF to start a shale oil pilot project in the South American country.
E&P firm President Energy has brought one of its troublesome Argentinian wells back on stream following a workover.
Shell has struck a preliminary deal with Argentina’s YPF to develop a shale field in the South American country.
Argentina's Energy Ministry said 89 companies are looking to build 196 projects to generate electricity as the government tries to attract private investment to lift the country out of recession.
South-America focused President Energy plans to raise about $20million (£16.1million) through a share placing.
Petrobras’s oil and gas output slipped 1.42% in August following the sale of assets in South American neighbour Argentina, a news report said.
Argentina is thought to have cancelled a shipment of LNG and delayed three others due to a mild end to winter.
Pan American Energy said it will invest around $1.4billion in exploring and producing Argentina's conventional and unconventional energy reserves.
Shell (LON: RDSB) has won a tender to sell Nigerian crude cargo to Argentina.
Increased production helped South America focused Andes Energia to report larger revenues in 2015 compared with the previous year.
Archer said it plans to make reductions to its headcount by up to 10% in the second quarter of the year from its operations in the UK, Norway and Argentina.
President Energy continues its Argentinian production programme by completing a workover on four wells in the Puesto Guardian area.
US imports of biodiesel and renewable diesel increased by 61% in 2015 to reach 538 million gallons according to date from the country's Energy Information Administration.