Browsing: shale oil

YPF CEO announced a deliberate slowdown in drilling at Argentina’s Vaca Muerta shale, citing tough market conditions and soaring costs. This cautious approach highlights the company’s strategic response to the unpredictable global energy landscape

Petronas is reportedly assessing its future in Argentina’s shale oil sector, potentially exiting its venture amid challenging economic conditions. The decision highlights growing uncertainties in the region’s oil landscape, impacting global investment dynamics.