Major shake-up in Argentina's oil industry
BP and Bridas: a renewed marriage of convenience
16-09-2017 11:41 Bridas Corporation, the Argentine energy giant founded by the Bulgheroni family, this week announced the creation of the Pan American Energy Group, a new joint venture with BP that brings together PAE and Axion, two of the largest upstream and downstream players in the local oil and gas market. The result is Argentina’s largest private integrated hydrocarbon company, with billing totalling US$7.3 billion. Here is the story behind the deal.