Argentina is gearing up to introduce secondary legislation related to the Rigi investment incentives regime, with President Javier Milei emphasizing the potential of attracting up to US$100bn in investments for the country. The Rigi framework, part of Argentina's Ley Bases economic reform law, has already secured investments totaling US$50bn, with investors eagerly awaiting further details. Notably, Petrolera El Trébol, a subsidiary of Phoenix Global Resources, is seeking approvals for expansions and drilling activities in the Vaca Muerta shale play area in Neuquén province. Amidst these developments, there is a growing focus on the renewable energy sector, particularly hydrogen production. H2 Argentina has submitted a regulatory proposal to foster the growth of a renewable hydrogen industry in Argentina. The federal energy department has also hinted at an upcoming hydrogen bill to support the country's potential as a hydrogen producer, given its rich renewable resources and natural gas reserves. Overall, these initiatives signal positive prospects for Argentina's economic and energy sectors, with a strong emphasis on attracting investments, expanding production capacities, and fostering the development of sustainable energy sources.