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Soros Signals Argentina’s Shale is Biggest Place to Be
One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas.
George Soros has doubled his stake in YPF SA, the state-owned oil company in Argentina, which...
Argentina takes over YPF from Spanish shareholder
A flag reading "Fight and Comeback" with the logo of the Argentine oil company YPF is seen at the front of the presidential palace Casa Rosada in Buenos Aires, April 12, 2012.
The Argentinean government has seized the country’s biggest oil company, Yacimientos Petroliferos Fiscales (YPF), ousting the Spanish controlling shareholder, Repsol.
In the first shareholder meeting since the takeover,...