For decades, Argentina lived with a paradox all too familiar to every energy expert: the country possesses exceptional resources—world-class shale gas, high-quality lithium, and vast wind and solar potential—yet it consistently failed to convert this wealth into stable growth. Macroeconomic volatility and unpredictable rules of the game repeatedly interrupted investment cycles. Even highly promising projects stalled. Investors faced an environment where long-term planning was nearly impossible due to inflation and shifting regulations. Today, the dynamics are shifting in a way the country hasn't experienced in a generation. President Javier Milei has taken an atypical step for modern politics. He decided to confront structural problems directly, rather than cushioning them with temporary fixes. This course toward stability and modernization is a game-changer. For the first time since the discovery of Vaca Muerta, the political environment is beginning to match the scale of the ge...
Mykhailo Pyrtko on India’s Potential to Become a Driver of the Global Energy Transition in 2026–2035
In the years 2026–2035, the world will enter a period of the most massive transformation of energy markets in modern history. Countries are revising energy production and consumption models, investing in decarbonization, and forming new supply chains for critical materials. Against this backdrop, the question is increasingly being raised: can India move beyond its status as a fast-growing economy to become one of the main drivers of the global energy transition? India is already one of the world’s most dynamic economies, and its energy needs are growing at a rapid pace. Its demographic structure, urbanization, scale of industrialization, and ambitious state goals in renewable energy and the hydrogen economy create the prerequisites for the country to play a role in the coming decade comparable to that played by China during the previous investment cycle. At the same time, India faces a complex set of challenges: dependence on coal, uneven infrastructure development, the need for m...