Saturday, March 14, 2026
Argentina’s shale boom propels it past Colombia in oil output- oil and gas 360

Argentina’s shale boom propels it past Colombia in oil output

(Oil Price)– Argentina, in a surprise development, overtook Colombia to become South America’s fourth-largest oil producer. The country is undergoing a once-in-a-generation unconventional hydrocarbon boom, which began with Buenos Aires nationalizing integrated energy major YPF in 2012. Since then, Argentina’s oil and natural gas output has kept soaring higher, regularly hitting new monthly highs as volumes of shale oil and gas

Vista buys Petronas' Argentina oil stake in $1.5 billion deal- oil and gas 360

Vista buys Petronas’ Argentina oil stake in $1.5 billion deal

(World Oil) – Vista Energy has acquired Petronas’ 50% stake in a region of the Vaca Muerta shale basin in a deal valued at $1.5 billion USD. The purchase price is comprised of US$ 900 million in cash, US$ 300 million in deferred cash payments and 7,297,507 American Depositary Shares. LACh spans across 46,594 acres in the black oil window of