The environmental judgment is only the latest trouble Chevron is facing in Argentina, where it has become a leading partner of the state-controlled YPF SA oil company since President Cristina Fernandez expropriated it from Grupo Repsol in Spain.Repsol has sued in Madrid accusing Chevron and YPF of unfair competition, for drilling for shale oil and gas in the “Vaca Muerta” basin that was discovered when Repsol ran the company.Repsol also is suing Argentina at the World Bank’s International Center Read more [...]

Not Fernández’s favourite reading NOT much has gone right recently for Cristina Fernández, Argentina’s embattled president. She has suffered humiliations in a fight with bondholders abroad while enduring pot-banging protesters and a general strike at home. But her government is savouring the prospect of imminent victory in a protracted dispute with the Clarín media group, one of its most powerful critics. In 2009 Ms Fernández pushed through a law redistributing broadcasting Read more [...]