Hydrocarbons
Tax agency dismantles major vat fraud scheme in hydrocarbons
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The Spanish Tax Agency has dismantled a criminal network that defrauded over 300 million euros in VAT from the hydrocarbons sector using 38 shell companies. Operation 'Pamplinas Stars' involved 18 searches and five arrests for crimes against public finances, organized crime, and money laundering. Authorities seized high-value assets, including properties, vehicles, and precious metals.
The Agencia Nacional de Hidrocarburos (ANH) celebrated the offshore natural gas discovery in the Copoazú-1 well, reported by Ecopetrol and Petrobras. The well is located 36 km from the coast at a water depth of 964 meters, with drilling starting on November 11, 2025.
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Former Neuquén governor Jorge Augusto Sapag published the book Vaca Muerta, Tesoro y Faro para la Argentina, edited by Sidera. The work reconstructs the technical and political process of developing the unconventional reservoir. It highlights its status as the world's second-largest unconventional gas reserve and fourth-largest for oil.