Argentina's lawmakers gave final overwhelming approval of the nationalization of its largest oil...

|By:, SA News Editor

Argentina's lawmakers gave final overwhelming approval of the nationalization of its largest oil and producer, YPF. After the government's treatment of Repsol, whose take in YPF is now slashed to ~6% from 57.4%, it is in the awkward position of needing to convince foreign oil firms to invest in bringing Argentina's vast unconventional oil and gas deposits to production.