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ExxonMobil, AES To Put $800M In Argentina

ExxonMobil and AES Corp. will invest $800 million in fuel production in Argentina.

ExxonMobil and AES Corp. will invest $800 million in fuel production in Argentina, Middle East North Africa Financial Network reports. ExxonMobil will invest $400 million to expand production by 8 percent by 2015.

The company also plans to invest $120 million in oil and gas exploration in the southern province of Neuquen. AES will invest around $300 million, which includes a 300 megawatts power plant on the outskirts of Buenos Aires.

Click here for the story from Middle East North Africa Financial Network

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