Vista and Trafigura join forces to invest $250 million in Vaca Muerta

Vista Oil & Gas and Trafigura Argentina announced yesterday the signing of a $250 million joint investment agreement in Vaca Muerta to develop 20 wells in the Bajada del Palo Oeste block. This alliance allows us to strengthen our business in Argentina and integrate the supply of crude oil for our refinery and the subsequent collection of fuels for our network of service stations, wholesale customers and the export market in neighbouring countries.

The Argentine firm Kheiron choose by the Gates Foundation to improve dairy production in Africa

The Argentine firm Kheiron choose by the Bill and Melinda Gates Foundation to develop bovine clones to help improve dairy production in Africa. Recombinetics' Acceligen was awarded a $3.7 million grant from the Gates Foundation to create gene-edited cattle high milk producers and withstand Africa's heat stress. Acceligen chose Kheiron as a partner for this project and started with the Holstein breed in the United States.

Soybean industrialization grew by 17.6%

In the first five months of the year, local soybean industrialization showed an increase of 17.6% year-on-year, thanks to the high prices of soybean by-products (meal, oil and pellets) in the international market. In May, crushing registered just over 4.29 million tons. In this context, the oil industry reduced its idle capacity and grew in value-added shipments abroad.

Globant invests in Chaco and creates 1,000 new jobs

Globant, a digitally native company that offers technology services, announced yesterday to the Minister of Productive Development, Matías Kulfas, the creation of 1,000 new jobs in Chaco in a period of 5 years and an investment of $8.38 million in the next two years, which includes the construction of a new office in the new Technological Park of the province.