Repsol nationalize its oil and gas production. Results however show that the move to nationalize actually hurt oil production in Argentina. Compared to the oil production in 2011, YPF’s oil production in 2012 fell by 8%, according to data from Argentina’s Department of Energy. Repsol had the backing of the EU and the US, and both powers condemned Argentina’s move as expropriation. President Fernández claimed that the state would seize 51% of YPF. In June 2013, Repsol rejected a $5 billion proposal from Argentina to compensate for the 2012 expropriation. The proposal also would have given Repsol drilling rights to 6.4%
Myanma Oil and Gas Enterprise in the project include; Chevron Corporation, a United States-based company; PTT, a Thai state-owned oil and gas company. The stakeholders and their respective stakes in the project are: Myanma Oil and Gas Enterprise Myanma Oil and Gas Enterprise (; abbreviated MOGE) is a national oil and gas company of Myanmar. It was established in 1963. Myanma Oil and Gas Enterprise was established in 1963 after nationalisation of the Burmese petroleum industry. The nationalised assets of Burmah Oil Company were amalgamated to MOGE . The company is a sole operator of oil and gas exploration and production, as well as domestic