News of vaca muerta

Argentina wants to take its shale expertise to new oil frontier

12-03-2023 09:23 Palermo Aike fields in Santa Cruz Province could increase Argentina's shale reserves by about a third, Economy Minister Sergio Massa tells investors.

Oil production

Shale oil exports to spur Argentina's trade surplus, official says

07-03-2023 17:07 Booming oil production out of shale patch Vaca Muerta will create surpluses in energy trade for Argentina to the tune of US$8 billion within a few years, says top official.

VACA MUERTA

Vaca Muerta awakes as pipelines revive shale hopes

27-02-2023 15:07 Argentina’s energy industry has seen its fair share of false dawns, but the construction of a pipeline is an irrefutable step towards cutting the country's dependency on fuel imports.

ENERGY

Vaca Muerta: Government's ace in the hole against energy price hikes

01-02-2023 10:37 Upward inflationary trend in first three months of year set to continue with further increases in utility prices on the way. But the government is banking on Vaca Muerta and the Néstor Kirchner gas pipeline continuing to pay off.

ENERGY

Argentina closes 2022 with record levels of oil production

26-01-2023 17:57 Driven by Vaca Muerta shale, last month’s oil production hit a daily peak of 622,500 barrels, of which 282,000 correspond to unconventional oil – 45% of the total.

ENERGY

Government relaxes FX rules for companies to boost Vaca Muerta development

24-05-2022 16:41 Foreign currency exchange restrictions loosened to encourage greater investment in the energy sector and generate foreign currency.

ENERGY & INFRASTRUCTURE

Game-changer? Argentina launches tender for construction of enormous gas pipeline

22-04-2022 09:40 President Alberto Fernández on Thursday launched a tender for construction of an enormous gas trunk pipeline beginning at Vaca Muerta gas field. What is the ‘Gasoducto Néstor Kirchner’ and why is it so important for Argentina?

ENERGY & INFRASTRUCTURE

Government launches construction tender phase of mega gas pipeline

22-04-2022 01:35 President Alberto Fernández launches tender for construction of game-changing gas trunk pipeline from the Vaca Muerta unconventional gas field in southwestern Argentina.

ENERGY AUTONOMY FOR ARGENTINA?

Argentina’s next president to benefit from gas export dollars

22-04-2022 01:14 President Alberto Fernández's government is speeding up construction of the Néstor Kirchner pipeline. If all goes well, it would be ready for the second half of 2023, but in the meantime, Argentina will spend at least two winters importing gas.

ANALYSIS

Vaca Muerta: a failed opportunity that will cost Argentina

16-03-2022 21:13 When trying to explain why we fail as a country, look no further than the Vaca Muerta debacle.

by Agustino Fontevecchia

As I see it

The new energy crisis could suit Argentina

11-03-2022 11:30 Fossil fuels are back in fashion. Western leaders are now searching frantically for exploitable oil and gas deposits that are beyond Putin’s reach.

by James Neilson

ENVIRONMENT & ENERGY

Deepwater oil targeted by Argentine activists who quashed mining

11-01-2022 21:50 After a recent victory in Chubut Province, environmental activists in Argentina are trying to prevent new oil exploration in the Atlantic Ocean.

BLOOMBERG

Argentina crude pipeline partly shut for repairs after spill

16-12-2021 16:38 Leak found in main crude oil pipeline carrying oil produced in Argentina's Vaca Muerta shale formation.

Greenwashing?

Overseas trips and the green agenda

05-11-2021 17:59 Argentina’s international agenda had moderate pretensions. President Fernández needed to show himself as the proactive leader of a country that has a say in world affairs, even if we don’t.

by Agustino Fontevecchia

BLOOMBERG

Shell, YPF to invest US$300M at Vaca Muerta in next two years

05-11-2021 02:12 With a US$300-million investment, the companies hope to reach a production of 15,000 barrels per day by 2024 and employ 800 people.

ECONOMY

Argentina bets on natural gas despite climate commitments

01-11-2021 08:00 Alberto Fernández’s government wants to significantly expand Argentina’s pipeline network after sharp growth in natural gas production in Vaca Muerta.

by Javier Lewkowicz, Diálogo Chino

VACA MUERTA

Argentina's 'Dead Cow' gas may win out from Brazil's drought

14-08-2021 07:55 The drought in Brazil is offering a lifeline for Argentine gas drillers, just as the high-demand winter season ends.

Bloomberg

Billionaire Eurnekian’s CGC buys Sinopec assets in Argentina

30-06-2021 15:22 CGC, majority owned by billionaire Eduardo Eurnekian’s Corporación América International, closes deal for the local unit of China Petroleum & Chemical Corp on Wednesday, the Buenos Aires-based company confirms in a statement.

Dead cow bounce

Vaca Muerta awakes to reach record production levels

15-06-2021 16:32 Vaca Muerta shale mega-deposit reached historic levels of activity last month, according to a new report.

HEALTHCARE WORKERS PROTEST

Protesting health workers lift Vaca Muerta roadblocks

30-04-2021 19:58 Protesting health workers who have deployed roadblocks for the last four weeks, blocking traffic to the giant Vaca Muerta shale basin in Neuquén Province, said on Wednesday that they moved their protests to other parts of Patagonia.

Neuquén province

Shale industry rattled by social unrest in Patagonia

27-04-2021 22:09 Roadblocks near Vaca Muerta shale fields are about to enter their fourth week, with health workers on the frontline of the coronavirus pandemic demanding higher wages.