YPF Said to Lose Oil Partners as Government Cracks Down

YPF SA, Argentina’s largest energy company, lost eight potential investors in South America’s biggest shale deposits after government measures made oil investments less attractive, according to a person familiar with the talks.

Companies from the U.S., Canada and Europe abandoned negotiations after the government withdrew financial incentives for producers and forced companies to repatriate export revenue, the person said, declining to be identified because talks are private. Six of the producers cited unpredictable policies, this person said.