Alberto Fernandez is now widely expected to win the Argentinian election
Argentinian crisis puts shale in limbo
Election winner faces a surfeit of problems capitalising on Vaca Muerta potential
Argentina is heading towards a general election on 27 October with near certainty that the reins of power will return to a Peronist government—headed by a partnership between presidential frontrunner Alberto Fernandez and former president Cristina Kirchner. Sitting president Mauricio Macri's hopes of extending his tenure for another four years were dealt a severe blow by the national primary, which qualifies candidates for the October poll. A lack of confidence in the government's ability to restore economic stability saw Macri record just 32.1pc of the vote compared with 47.7pc for Fernandez, which would almost certainly be enough to win the election outright. Investors are concerned that F
Also in this section
20 March 2025
As cash-strapped Western governments commit to substantially raising defence expenditure, a similar dynamic is playing out in Saudi Arabia’s oil and gas sector, as Saudi Aramco maintains it heavy capex push despite reduced revenues
20 March 2025
Tariffs, sanctions and trade conflicts are upending the oil market, impacting crude differentials and shipping rates and creating uncertainty
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
19 March 2025
Iran’s oil is caught in the crosshairs of support from China and Russia and US maximum pressure, with options becoming more and more limited
