Letter from Latin America: Wider woes fail to derail Argentine shale
Battered by multiple economic headaches, Argentina is looking towards the Vaca Muerta as a potential lifeline
Argentina is passing through a moment of historic uncertainty both politically and economically. Despite this, the Vaca Muerta continues to grow in terms of investment and production. The shale play’s importance for Argentina has increased, especially considering the rest of the macroeconomic indicators that weigh heavy on South America’s second-largest economy. And Vaca Muerta’s importance may be the only thing on which all candidates in the upcoming presidential election can agree. With the Nestor Kirchner pipeline coming online, the country will begin to neutralise any lingering doubts as to the ultimate monetisation strategy for its vast reserves of gas. But overall, the current picture

Also in this section
24 June 2025
The country’s latest licensing round attracted bids from IOCs and NOCs in a better showing than its last outreach to bidders
24 June 2025
Africa’s second-largest oil producer is creating the right conditions for the sector to try to boost output, explains Ian Cloke, COO of UK-based Afentra
24 June 2025
The takeover, if it gets the all-clear from regulators and other government authorities, would propel XRG and its parent firm ADNOC into the top tier of global LNG players
23 June 2025
Jet fuel will play crucial role in oil consumption growth even with efficiency gains and environmental curbs, with geopolitical risks highlighting importance of plentiful stocks