Latin American Economy & Business - October 2017 (ISSN 1741-7430)

Oil companies amend Argentine labour contracts: CGP (part of Corporación América), Roch, and ENAP Sipetrol Argentina, three private sector oil companies operating in the state of Santa Cruz, have signed an agreement with the three main oil workers’ unions to introduce more flexible labour contracts. It follows a similar agreement in Neuquén province earlier this year and is part of a government-supported plan to improve competitiveness and protect employment levels. Since 2010, Argentina has been a net energy importer; the government of President Mauricio Macri wants to encourage private companies to boost domestic energy production.