Argentina
Suzie Wylie looks at the motives behind the Argentinian government's expropriation of one oil company.
The Law of Hydrocarbon Sovereignty passed through the Argentinian National Congress in May with almost complete support across the political spectrum. It formalised the expropriation of the Spanish multinational Repsol's shares in the oil company YPF. It was met with condemnation and the threat of reprisals from the Spanish government and the European Union.