BP folds Argentine assets into JV backed by Cnooc
BP has agreed to fold its Argentine assets into a new joint-venture backed by Cnooc of China in a deal that widens both groups’ interests in a country boasting some Continue Reading
Indigenous Mapuche thwart Argentina shale development
Indigenous Mapuche communities demanding cash payments and blocking oil wells in Argentina’s Vaca Muerta area are threatening the long delayed development of the world’s second-largest shale fields, oil companies say. Continue Reading
Norway’s Statoil takes first steps into Argentina’s lauded shale
Norway’s Statoil marks a debut of sorts with a partnership in a shale basin in Argentina, one of the largest in the world. Map courtesy of Statol Aug. 25 (UPI) Continue Reading
The Make Or Break Moment For Argentina’s Shale Boom
Argentina’s abundant shale resources have attracted a growing number of major international companies since the beginning of this year—all of them interested in developing the prized Vaca Muerta shale formation; Continue Reading
Argentina’s Push to Mimic Permian Success Faces Long Road Ahead
Vaca Muerta geology a match, support services fall short Energy assets could be key to country’s economic future Argentina’s Vaca Muerta, one of the largest shale formations outside of North Continue Reading
Exxon Is Going Primetime With The World’s Next Shale Hotspot
The U.S. shale sector continues to be the hottest spot in natural resources investment. But news this week suggests America’s oil and gas industry may have a new rival — Continue Reading
Exxon Mulls Big Investment In Argentina As Part Of Shale Strategy
ExxonMobil is betting on shale development not only on its home turf. The supermajor is also planning to speed up investment plans for shale gas drilling in Argentina’s prized Vaca Continue Reading
Holy Vaca Muerta! There Is Life Beyond The Permian
Industry heavy-hitters reveal their top assets outside of the prolific Permian Basin during a CERAWeek by IHS Markit discussion in Houston. Before “Permania” reignited the oil and gas industry’s lust Continue Reading
Is This Argentinian Shale Play The Next Permian?
Having inked a $300 million investment deal with the Argentinian YPF, Shell reiterated its claim to join the ranks of the various oil & gas majors engaged in tapping the Continue Reading
Argentina strikes $15bn a year shale investment deal
President Mauricio Macri is pushing to revamp flagging production at Argentina’s massive shale reserves, with companies agreeing on Tuesday to invest as much as $15bn a year in exchange for Continue Reading