Vaca Muerta

Failure to achieve energy plan likely From IEEFA The Argentine government’s plan to develop the massive Vaca Muerta oil and gas reserves in northern Patagonia has hit a major obstacle. The success of the plan requires the Argentine government to subsidize most of the development costs initially.  But the Argentine government is in fiscal distress and has recently made it

From Reuters BUENOS AIRES (Reuters) – Argentina relaunched a one-year-old agreement between the government, companies and workers on Tuesday to drive competition and spur development in the Vaca Muerta shale play, the government said in a statement. Argentina’s President Mauricio Macri walks during his visit to the Loma Campana Vaca Muerta shale oil and gas drilling site, owned by Argentina’s