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Argentina Energy Boom

2 countries ๐Ÿ‡ต๐Ÿ‡พ ๐Ÿ‡ฆ๐Ÿ‡ท Energy & Infrastructure

6 articles from 2 countries

Argentina's energy sector, particularly the Vaca Muerta formation, is undergoing a significant transformation, attracting substantial capital investment and positioning the nation as a potential global energy supplier. The government is offering incentives to oil projects, signaling an 'unprecedented energy phase' and a 'change of era' for the industry.

๐Ÿ‡ต๐Ÿ‡พ Paraguay/Spanish

US, Swiss-linked firms bid for Vaca Muerta oil blocks

- U.S. oil company Continental Resources and Phoenix, controlled by Switzerland's Mercuria, have partnered to bid on blocks in Argentina's Vaca Muerta formation. - The joint venture submitted technical bids for six of fifteen blocks offered by the province of Neuquรฉn, marking the first Vaca Muerta tender since 2017. - Vaca Muerta is the world's second-largest unconventional gas reserve and fourth-โ€ฆ