Could Argentina Replicate Brazil’s Offshore Oil Boom?

In January this year, the Federal Court of Appeals in Mar del Plata dismissed a lawsuit brought forward by several environmentalist organizations and the mayor of the coastal resort city against an offshore oil and gas exploration project. The court set strict environmental protection conditions for the companies involved in the exploration works—YPF, Shell, and Equinor—and stipulated that permanent observers are appointed for the project to make sure these conditions are met. With this ruling, the court basically gave what looks like…