popular articles

Argentina: Justice authorizes offshore oil exploration off Mar del Plata

The Argentinean justice has given the green light to an offshore oil exploration in three areas near Mar del Plata.

Please share:

The Argentine justice gave the green light to an offshore oil exploration in three areas off the Atlantic coast near Mar del Plata (center), a controversial project targeted by several protests in the past.

A federal court in Mar de Plata (400 km south of Buenos Aires) suspended exploration off the coast of the seaside resort, a popular summer destination for Argentines, in February, and then demanded an extensive environmental impact study in June.

The procedure was aimed at an authorization for seismic exploration studies granted at the end of 2021 by the government (center-left) of Alberto Fernandez to the company Equinor (Norway), jointly with the Argentine public company YPF and the Anglo-Dutch Shell, in areas located in the Argentine Sea, about 300 km from the coast.

The appeal chamber of Mar del Plata considered that the guarantees have been provided by the government, through the National Parks Administration, and by the consortium, and authorizes “the continuation of exploration activities”, according to the resolution cited by the official agency Telam.

But the judges imposed several conditions: the presence of “permanent observers” from a recognized inter-ministerial scientific organization, “Pampa Azul”, a distance of at least 50 km between the seismic exploration and the so-called “Blue Hole” zone, considered a marine sanctuary and feeding area for the southern right whale, and the “immediate suspension” of the exploration at the slightest sign of “significant damage” to the environment.

At the beginning of 2022, several thousand demonstrators protested in front of the beaches of Mar del Plata against the exploration project.

Rallies were held in other cities along the coast.

Greenpeace Argentina, which had joined the legal proceedings of the mayor of Mar del Plata, denounced an “aberrant” ruling, an “environmental setback”, called a demonstration on Tuesday, and pledged to fight the project in the Supreme Court.

The NGO considers that offshore seismic exploration is “the second largest contributor to underwater noise after military and nuclear testing”.

Register free of charge for uninterrupted access.

Publicite

Recently published in

The cancellation of Chevron's operating licence in Venezuela, announced by the Trump administration, could exacerbate the country's economic crisis while redefining its relations with the United States. Experts are considering several scenarios regarding the next developments.
Mexican state-owned oil company Pemex has reported a net loss of $30.3bn in 2024, following a profit in 2023, due to a decline in sales and an increase in operating costs.
Mexican state-owned oil company Pemex has reported a net loss of $30.3bn in 2024, following a profit in 2023, due to a decline in sales and an increase in operating costs.
Namibia has announced new discoveries at the Mopane oil field offshore. This development could accelerate the country's ambitions to become a crude oil producer by 2029.
Namibia has announced new discoveries at the Mopane oil field offshore. This development could accelerate the country's ambitions to become a crude oil producer by 2029.
Several major European oil companies, including BP, are adjusting their climate strategies, reducing investments in renewable energy to focus on increasing oil and gas production in order to improve their profitability.
Several major European oil companies, including BP, are adjusting their climate strategies, reducing investments in renewable energy to focus on increasing oil and gas production in order to improve their profitability.
Donald Trump revoked a license granted to Chevron to exploit oil in Venezuela, condemning Caracas for failing to uphold migrant repatriation agreements. This decision could affect Venezuela’s oil industry and trade relations between the two countries.
British oil giant BP will present a strategic revision on Wednesday, marked by a shift back to fossil fuels and a reduction in renewable energy investments, following a sharp decline in net profit last year.
British oil giant BP will present a strategic revision on Wednesday, marked by a shift back to fossil fuels and a reduction in renewable energy investments, following a sharp decline in net profit last year.
Niger has shipped more than 14 million barrels of crude oil through Benin despite diplomatic tensions. The China National Petroleum Corporation manages extraction and holds a significant share of the exported volumes.
Niger has shipped more than 14 million barrels of crude oil through Benin despite diplomatic tensions. The China National Petroleum Corporation manages extraction and holds a significant share of the exported volumes.
Brazil, one of the world's leading oil producers, is tightening regulations on offshore exploration and production, impacting the industry and investments. The measures aim to enhance safety and limit environmental impacts.
Brazil, one of the world's leading oil producers, is tightening regulations on offshore exploration and production, impacting the industry and investments. The measures aim to enhance safety and limit environmental impacts.
Algeria is preparing a new call for tenders for the allocation of oil and gas blocks, scheduled for October 2025. This programme aims to attract international investments and strengthen national hydrocarbon production in a context of strong energy demand.
According to Wood Mackenzie's forecast, the average Brent crude price in 2025 will be $73/barrel, influenced by complex geopolitical and economic factors, including the war in Ukraine and sanctions against Iran.
According to Wood Mackenzie's forecast, the average Brent crude price in 2025 will be $73/barrel, influenced by complex geopolitical and economic factors, including the war in Ukraine and sanctions against Iran.
TotalEnergies and ExxonMobil have reached an agreement with the National Agency of Petroleum, Gas and Biofuels (ANPG) to conduct prospective studies on offshore blocks 17/O6 and 32/21 in Angola, aiming to identify new drilling targets.
TotalEnergies and ExxonMobil have reached an agreement with the National Agency of Petroleum, Gas and Biofuels (ANPG) to conduct prospective studies on offshore blocks 17/O6 and 32/21 in Angola, aiming to identify new drilling targets.
Suriname plans to drill at least 10 offshore wells by 2026, with investments estimated at $9.5 billion, aiming to exploit significant oil reserves and attract foreign capital.
Suriname plans to drill at least 10 offshore wells by 2026, with investments estimated at $9.5 billion, aiming to exploit significant oil reserves and attract foreign capital.
The Kurdish authorities in northeastern Syria have restarted oil supplies to government-controlled areas, marking a first since Bashar al-Assad was ousted in December.
Shell Offshore Inc. and Shell Pipeline Company, subsidiaries of Shell plc, have reached an agreement to acquire ConocoPhillips' stake in the Ursa and Europa fields, further strengthening their position in the Gulf of Mexico.
Shell Offshore Inc. and Shell Pipeline Company, subsidiaries of Shell plc, have reached an agreement to acquire ConocoPhillips' stake in the Ursa and Europa fields, further strengthening their position in the Gulf of Mexico.
CNOOC Limited has started production for Phase II of the Luda 5-2 North oil project in the Bohai Sea. The expansion includes 29 wells and aims for peak production of 6,700 barrels of oil equivalent per day by 2026.
CNOOC Limited has started production for Phase II of the Luda 5-2 North oil project in the Bohai Sea. The expansion includes 29 wells and aims for peak production of 6,700 barrels of oil equivalent per day by 2026.
Aramco strengthens its presence in the Philippine fuel market by acquiring 25% of Unioil, with the intent to expand its network of service stations and offer its refined products and Valvoline lubricants across the country.
Aramco strengthens its presence in the Philippine fuel market by acquiring 25% of Unioil, with the intent to expand its network of service stations and offer its refined products and Valvoline lubricants across the country.
Black Gold Exploration (BGX) has announced the start of drilling at the Fritz 2-30 well in Clay County, Indiana, after acquiring a 10% working interest in the project.
Angola initiates new prospective studies on oil blocks 17/O6 and 32/21, aiming to identify drilling targets and avoid a prolonged decline in oil production.
Angola initiates new prospective studies on oil blocks 17/O6 and 32/21, aiming to identify drilling targets and avoid a prolonged decline in oil production.
A drone attack on the Caspian Pipeline Consortium (CPC) threatens to disrupt Kazakhstan's oil exports. Vladimir Putin urges foreign partners, including Chevron, to fund the necessary repairs.
A drone attack on the Caspian Pipeline Consortium (CPC) threatens to disrupt Kazakhstan's oil exports. Vladimir Putin urges foreign partners, including Chevron, to fund the necessary repairs.
Glencore announces a financial loss in 2024, attributed to a drop in demand and fluctuations in commodity prices, while considering a stock exchange move to strengthen its strategic position.
Glencore announces a financial loss in 2024, attributed to a drop in demand and fluctuations in commodity prices, while considering a stock exchange move to strengthen its strategic position.
Brazil has officially joined the OPEC Charter, strengthening its position in the global energy sector while consolidating its place among influential producers.
Woodside Energy has reassessed the reserves of the offshore Sangomar oil field in Senegal, adding 16.2 million barrels of oil equivalent to the proven reserves. This update supports production stability and strengthens the supply to the national refinery.
Woodside Energy has reassessed the reserves of the offshore Sangomar oil field in Senegal, adding 16.2 million barrels of oil equivalent to the proven reserves. This update supports production stability and strengthens the supply to the national refinery.
An agreement was signed in February 2025 between Kazakhstan and Hungary to enhance oil exports from Kazakhstan via the Druzhba pipeline. This development could change the energy dynamics in Central Europe.
An agreement was signed in February 2025 between Kazakhstan and Hungary to enhance oil exports from Kazakhstan via the Druzhba pipeline. This development could change the energy dynamics in Central Europe.
Yemen's Oil Minister, Saeed Suleiman al-Shamasi, recently urged Iran to stop supporting Houthi rebels, as the war-torn country seeks to revive its natural gas exports. This plea was made amid a dire energy crisis and a deteriorating geopolitical situation.
Yemen's Oil Minister, Saeed Suleiman al-Shamasi, recently urged Iran to stop supporting Houthi rebels, as the war-torn country seeks to revive its natural gas exports. This plea was made amid a dire energy crisis and a deteriorating geopolitical situation.

Advertising