Another S/American country looking to increase oil & gas investments, speed up production.

Countries across the Latin America and Caribbean region have been increasingly pursuing measures that would enhance the competitiveness of their oil and gas sector and speed up production. Brazil, Trinidad and Tobago, Suriname and new oil producer Guyana are aggressively pushing to fast-track exploration and development of their hydrocarbon resources. Now, Argentina is doing likewise, seeking approval of an oil promotion law this year that would increase output and exports of petroleum resources.