Billionaire Peter Thiel buys 1% stake in Argentine Vaca Muerta oil firm, filing shows

https://www.reuters.com/business/energy/billionaire-peter-thiel-buys-1-stake-argentine-vaca-muerta-oil-firm-filing-shows-2026-08-16/

80 points · 5 comments · view on lemmy.world

5 Comments

mydude@lemmy.world · 11 pts · 11d (1 reply)

"The billionaire's Thiel Macro LLC hedge fund bought around 1.2 million American Depositary Shares in Vista worth about $76 million, according to the SEC ​filing, equivalent to 1% of Vista's capital."

"Milei has expressed his intention to leverage Patagonia's vast open spaces and cold climate to build ⁠data ​centers."

These people have no soul.

TWeaK@lemmy.today · 6 pts · 11d

Also it's an oil firm, and Trump has already shown fondness towards the Argentinian government. I think the US is going to start pushing the UK to abandon its claim on the Falklands - which incidentally is the location of a massive oil field.

inari@piefed.zip · 9 pts · 10d (1 reply)

'Dead cow'? Weird name to give a company

idiomaddict@lemmy.world · 3 pts · 10d

That was my first thought, but palantir is honestly probably weirder. It’s almost like naming an ai company Skynet.

northernlights@lemmy.today · 2 pts · 11d

Now that's a more credible message that Venezuela will be attacked than any presidential rambling on the topic