Commodities

Eni Is in Talks With Pluspetrol for Gas Field Stakes in Argentina

Eni is developing an export terminal in partnership with Argentina’s state-run energy company YPF. — Eni is developing an export terminal in partnership with Argentina’s state-run energy company YPF.
Photographer: Alessia Pierdomenico/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Nicolle Yapur, Jonathan Gilbert, and Alberto Brambilla

November 10, 2025 at 8:26 PM UTC

Italy’s Eni SpA is in talks with Pluspetrol SA to buy stakes in Argentine natural gas fields to complement its push to export the fuel from the country, according to people familiar with the matter.

Eni and Buenos Aires-based Pluspetrol are in discussions over fields in Argentina’s Vaca Muerta shale patch, according to the people, who asked not to be named because they aren’t authorized to discuss the matter publicly.