Argentina's presidential office said on Sept. 4 that, at President Milei's instruction, the foreign ministry has launched administrative sanction proceedings against 45 entities—natural persons and legal entities—suspected of conducting oil and gas exploration and extraction in the Malvinas (Falkland) Islands. The statement said the measures target not only companies alleged to have operated illegally on Argentina's continental shelf but also related shareholders and service providers.

2026-09-05

Argentina's presidential office said on Sept. 4 that, at President Milei's instruction, the foreign ministry has launched administrative sanction proceedings against 45 entities—natural persons and legal entities—suspected of conducting oil and gas exploration and extraction in the Malvinas (Falkland) Islands. The statement said the measures target not only companies alleged to have operated illegally on Argentina's continental shelf but also related shareholders and service providers.