Last week, in a straightforward manner, the government’s Deputy Economy Minister for Energy & Mining, Daniel González, revealed that a new study indicates Vaca Muerta possesses nearly twice the oil resources previously estimated by the US Energy Information Administration fifteen years ago. The EIA had stated that the recoverable oil was 16.2 billion barrels; the … Read more
United States billionaire entrepreneur and venture capitalist Peter Thiel has acquired a US$76 million stake in Argentina’s largest oil exporter, Vista Energy. This transaction represents his inaugural investment in the oil sector and signifies his initial foray into Patagonia’s Vaca Muerta oil field. Thiel Macro LLC, the hedge fund managed by Thiel, secured a 1% … Read more
Shares in Vista Energy SAB, Argentina’s leading oil exporter, experienced a significant increase in New York on Monday following the announcement by tech billionaire Peter Thiel regarding his substantial investment in the company. Vista’s American depositary receipts increased by 4.9 percent to US$71.67 as of 10.49am in New York, marking the highest level in two … Read more
With a projected total expenditure of US$51 billion, state oil giant YPF has applied to take part in President Javier Milei’s investment incentive program for its “Argentina LNG” project. The plan aims to exploit the gas resources of the Vaca Muerta shale formation for export in the form of liquefied natural gas. The Argentina LNG … Read more
The United States government has ceased to mask its objective of obstructing closer relations between Argentina and China, and has explicitly intensified its geopolitical strategy. Beyond the exceptionally close relationship between Javier Milei and Donald Trump, the connections between Argentina and the Asian power hold significant importance for the national economy. The geopolitical chessboard appears … Read more
The first new facility of this kind to be approved by Pampa Energia SA in over 25 years is a 2.7 billion US dollar urea fertiliser factory on the Atlantic coast of Argentina. Although Argentina has lately prioritised oil production from its prolific Vaca Muerta shale deposit due to its ease of transportation and export, … Read more
The United States Court of Appeals for the Second Circuit in New York denied Burford Capital’s petition to revisit the decision in the YPF expropriation case following Argentina’s successful overturning of the US$16 billion judgement at the end of March. Shortly after the announcement was made, President Javier Milei responded to the development: “Another victory … Read more
The exponential growth of the unconventional oil fields in Vaca Muerta, Neuquén, stands out as one of the most significant economic developments during the Milei presidency. The data presents a compelling case, especially within the oil sector. In the first quarter of 2026, the sector experienced a year-over-year growth of 16.2%, as reported by the … Read more
The development of a major oil field in Argentina’s thriving Vaca Muerta shale area is expected to advance thanks to President Javier Milei’s massive investment incentive package. The privately held driller Pluspetrol SA announced that it would expedite Bajo del Choique-La Invernada production under Milei’s so-called RIGI project, which was expanded to include shale oil … Read more
The Argentine government has implemented modifications to the Large Investment Incentive Regime (RIGI, by its Spanish initials) that was approved in 2024, extending its duration and expanding benefits for the oil and gas sector. The RIGI provides tax, customs, legal, and foreign exchange advantages for investments that surpass US$200 million. It is accessible to both … Read more
