✉news EnvironmentOceans first seen 15 h ago, last 10 h ago, peak #30
TotalEnergies to invest $10 billion in Argentina
French energy company TotalEnergies is set to invest $10 billion in Argentina, one of the largest foreign commitments to the country's energy sector in recent years. The investment is expected to focus on hydrocarbons, including shale and offshore resources, and would boost Argentina's ambitions to expand energy output and exports under its current economic opening.
Why now: The scale of the announced investment makes it a major signal for Argentina's economy and global energy markets.
Evidence
- TotalEnergies to invest $10 billion in Argentina · ocean-energyresources.com
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