Reforms bring Argentinian self-sufficiency closer
New energy investments are reducing Argentina’s import needs
Argentina is pushing new frontiers in shale, offshore and renewables, aiming to regain its prized energy independence. Slashing the country's cash-draining energy-import dependence has been near the top of the agenda for President Mauricio Macri's government since he came to office in 2015. To reach the goal, Macri has instituted a number of market-friendly reforms. His administration has made it easier to move cash and kit in and out of the country, reduce domestic energy subsidies, provide incentives for new shale oil and gas projects and work with labour unions to reduce costs. He has also opened new investment areas for private and foreign investors. Those measures are clearly paying
Also in this section
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
