News of shale

Argentina’s shale ambitions hang in the balance

20-02-2021 05:59 YPFF needs to find more than US$1 billion to spur drilling at Vaca Muerta. At stake is not only the company’s growth strategy, but the future of the shale play itself.

AS I SEE IT

Weighed down by an entitlement culture

06-02-2021 09:50 Will Argentina be able to prosper in the brave new world that is coming our way? Not unless she manages to change lanes in the near future. As things stand, this is most unlikely to happen.

by James Neilson

Bloomberg

YPF to sell flagship office tower to keep shale dream alive

07-01-2021 15:52 YPF SA plans to sell its iconic office tower in Puerto Madero, which could bring in some US$400 million.

Pandemic fall-out

Via decree, government fixes price of ‘barril criollo’ at US$45

19-05-2020 17:45 More than a week after move was trailed heavily, Fernández administration imposes artificially fixed reference price in move to defend jobs and output levels – with an eye trained on Vaca Muerta shale.

Bloomberg

The crazy dream of US$45 oil could become reality in Argentina

07-05-2020 13:12 Brent crude has been practically soaring, touching US$30 in London. But it can’t match the 'criollo' barrel in Argentina, though - US$45 guaranteed, no matter what. That dream price doesn’t actually exist, but it could soon.

Bloomberg

Oil price war, virus pandemic postpones plans for Vaca Muerta

01-04-2020 16:56 Argentina's ‘Dead Cow’ oil play was set to the next Permian. But now that dream looks all but dead.

Bloomberg

Argentina’s shale trove risks staying buried, oil chiefs say

12-11-2019 11:21 Drillers in Argentina are scared that interventionist economic policies will foil the world’s next big shale hope.

Bloomberg

Troubled times in Latin America fail to dull Brazil's sheen

06-11-2019 13:56 For all its political woes and still-stale economy, Brazil is standing out to investors as an unlikely island of stability as trouble brews across Latin America.

BLOOMBERG

OPEC predicts market share will shrink in years to come, with shale on rise

05-11-2019 14:26 Producers expect demand for oil to slide by 7% over next four years, amid a flood of US shale supplies.

RELATIONS WITH WASHINGTON

Alberto Fernández planning US trip to visit Trump, oil majors

04-11-2019 15:20 Spokespeople for the Frente de Todos leader confirm president-elect intends to visit the US after his assumption on December 10, for a trip that would include a meeting with Donald Trump and a stop in Houston, Texas.

VACA MUERTA

Government tasks Gendarmerie with protecting Vaca Muerta shale formation

17-09-2019 13:36 Security Ministry orders Argentina's border guards to guarantee security of activity at geological formation located in Neuquén basin.

ELECTION 2019

Argentina’s next leader will get a commodities boost in 2020

27-07-2019 09:16 Tough economic times most likely lie ahead – but surging farm and oil production could offer a helping hand to the next occupant of the Casa Rosada

VACA MUERTA

Gas, petrol production at Vaca Muerta reaches new high

06-07-2019 09:15 Oil and natural gas production hit a record high in May, the government revealed this week, thanks to a rise in “non-conventional” output at Argentina’s Vaca Muerta shale formation.