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$450 million in US 'development' finance for fracking in Patagonia

$450 million in US ‘development’ finance for fracking in Patagonia

The US development finance corporation OPIC has just loaned $450 million to a large fracking project in Argentinian Patagonia – despite objections from eight US senators, Indigenous rights concerns, and the climate crisis. The two loans will fund Vista Oil & Gas and Aleph Midstream (respectively sister company and subsidiary to London-listed Riverstone Energy) to...
More Like Texas: US state involvement in the Vaca Muerta mega-project in Argentina

More Like Texas: US state involvement in the Vaca Muerta mega-project in Argentina

Read the briefing (pdf) – Leer en castellano (pdf) As US Energy Secretary Rick Perry said in June 2018, the aim of US foreign energy policy in Argentina was to help the country become “more like Texas” by bringing US business to work on unlocking Patagonia’s shale oil and gas reserves.  The US State Energy...
Comunicado: No al fracking por empresas británicas en Patagonia

Comunicado: No al fracking por empresas británicas en Patagonia

En el día de hoy, una delegación de representantes del gobierno y del sector empresarial argentino se encuentra en Londres para tratar inversiones en fracking. Argentina Solidarity Campaign, Reclaim the Power y Fossil Free London se reúnen para oponerse a la expansión del fracking en Argentina, y al rol de las empresas y el gobierno...
Statement: don't frack Patagonia

Statement: don’t frack Patagonia

Today a delegation of Argentinian officials and businesses is in London to talk about fracking investments. Argentina Solidarity Campaign, Reclaim the Power, and Fossil Free London are coming together to protest the expansion of fracking in Argentina and the role of the UK Government and British companies in this venture. From Lancashire to Sussex communities...
UK-Argentina fracking talks targeted by protest

UK-Argentina fracking talks targeted by protest

For immediate release – 22 May 2019 Platform / Argentina Solidarity Campaign / Reclaim the Power / Fossil Free London Contact: Anna Markova +447942044472 [email protected] Supplementary images available: https://www.dropbox.com/sh/b596qa3dxfky2pj/AAC5sqsJBeDBcKiPP2O5aeR_a?dl=0 Protestors’ statement in full: https://platformlondon.org/2019/05/22/statement-dont-frack-patagonia/  Talks between UK and Argentinian officials on investments in shale oil and gas became the target of a protest by climate...
PHOTOS: ‘Fracking rig’ & 10-metre projection protests fossil fuel finance on doorstep of UK government export body

PHOTOS: ‘Fracking rig’ & 10-metre projection protests fossil fuel finance on doorstep of UK government export body

Contact: Eliana Harrigan, Fossil Free London, +44 7541507517. Anna Markova, Platform, [email protected], +447942044472 Images available, credit Alban Grosdidier. As G20 governments gear up for their summit in Buenos Aires, Argentina, and the climate talks are set to get underway in Katowice, the UK’s export finance department (UKEF) was hit by protests yesterday over its financing of oil...
G20 summit: Major oil spill in Argentina leads to suspension of YPF/Schlumberger licence

G20 summit: Major oil spill in Argentina leads to suspension of YPF/Schlumberger licence

Photos, video available – see below. Ahead of this week’s G20 summit in Buenos Aires, Argentinian authorities have suspended the licence of a YPF/Schlumberger partnership at a shale well in the Vaca Muerta shale province. The suspension of the licence follows a major well blow-out at Bandurrias Sur block in Patagonia in October that contaminated...
UKEF: don't frack Patagonia, don't fund fossil fuels

UKEF: don’t frack Patagonia, don’t fund fossil fuels

The UK government pledges billions of pounds every year in finance for UK businesses abroad through UK Export Finance (UKEF). In 2017 UKEF announced a new £1 billion credit line for UK businesses working in Argentina, with then minister Greg Hands stressing that “the UK’s expertise in areas like infrastructure, green energy and healthcare” were...
G20 summit in Argentina clashes over climate, fracking continues backstage

G20 summit in Argentina clashes over climate, fracking continues backstage

By Observatorio Petrolero Sur, Buenos Aires, Argentina. – The G20 summit in Buenos Aires concludes Argentina’s G20 presidency. One of the year’s key themes and controversies has been climate change and the role of fossil fuels. In June the G20 energy ministers signed a communiqué highlighting the role of natural gas in “supporting transitions to lower...
BP Chairman: "fracking is a great opportunity" but don't ask us about the risks

BP Chairman: “fracking is a great opportunity” but don’t ask us about the risks

Today I attended BP’s annual shareholder meeting alongside Fernando Cabrera from OPSur (Argentina). Fernando came to challenge BP’s board on the dangers from their fracking operations. BP’s Argentinian arm Pan American Energy is using fracking frighteningly close to Patagonia’s freshwater supplies and fruit orchards (see our report “BP’s Fracking Secrets” for more on this). Here’s...
Campaigners condemn BP's 'under-the-radar' merger in Argentina

Campaigners condemn BP’s ‘under-the-radar’ merger in Argentina

For immediate release 19 December 2017 Campaigners condemn BP’s “under-the-radar” merger in Argentina BP has announced that the merger of its Argentinian arm Pan-American Energy and the Argentinian-Chinese downstream company Axion Energy is now complete.[1] Platform campaigner Anna Markova commented, BP’s announcement is perfectly timed to attract the least attention possible, both in the UK...
BP, el dueño oculto de fracking: Pan-American Energy y el mega-proyecto Vaca Muerta

BP, el dueño oculto de fracking: Pan-American Energy y el mega-proyecto Vaca Muerta

[ingles] [bajar informe en .pdf] Pan American Energy es considerada la mayor empresa petrolera privada de Argentina. Actualmente gestiona el mayor yacimiento de petróleo del país (Cerro Dragón) y es responsable de una cuarta parte de la extracción no convencional de gas en la Provincia de Neuquén. En realidad, PAE pertenece a la multinacional petrolera británica...