Blue Dollar Updates

Vaca Muerta Oil Reserves Surge, Powering Argentina’s Energy Boom

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

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Peter Thiel invests US$76 million in Vaca Muerta’s top exporter

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

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Peter Thiel’s Vista Energy Stake Sends Shares Higher

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

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YPF Seeks $51 Billion Incentive Package for Argentina LNG Project

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

Argentina-US-China Rivalry Rises as Vaca Muerta Is Strategic

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

YPF sells interest in Argentina’s largest gas distributor to EEI

YPF, the state-owned oil and gas enterprise, divested its interest in Metrogas, the leading natural gas distribution entity in Argentina, to Edenor, an electricity distributor overseen by businessmen José Luis Manzano, Daniel Vila, and Mauricio Filiberti. The decision indicates that YPF will divest from Metrogas as it reallocates its resources to prioritise oil and gas … Read more

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Hamm Eyes Expansion in Argentina’s Shale Boom

US shale pioneer Harold Hamm is seeking to broaden his presence in Argentina’s Vaca Muerta oil basin, recognised as the site of the world’s most rapidly expanding shale boom, as per sources. Hamm’s Continental Resources Inc is poised to vie for shale blocks in an auction overseen by Neuquén Province, which hosts the majority of … Read more

Crude Oil Tops Argentina’s Export List, Overtaking Corn and Soy

Crude oil emerged as Argentina’s foremost export in the first half of 2026, surpassing conventional agricultural products to claim the top position in the nation’s export hierarchy. According to a report based on data from the national statistics agency INDEC, crude oil generated $4.7 billion in export revenue between January and June. The figure represents … Read more

Blue Dollar Updates

Argentine energy trade balance highest in decade in first half

Argentina’s energy trade balance solidified its role as a primary contributor to the nation’s foreign currency earnings in the first half of 2026.According to a report by economist Nadin Argañaraz, the sector’s surplus improved by US$2.2 billion compared with the same period in 2025, almost entirely due to a sharp increase in energy exports. The … Read more

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Argentina’s Pampa Approves Major Urea Plant

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

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