Reported 3 days ago
Argentina's push to capitalize on its vast shale reserves in Vaca Muerta, following President Javier Milei's deregulatory reforms, is complicated by falling oil prices, rising costs, and infrastructure deficits. Although production has increased, the country's energy independence remains fragile, reliant on both U.S. financial support and the successful completion of essential pipeline projects. If political instability continues, Argentina risks stalling its energy ambitions, threatening investor confidence in its oil sector.
Source: YAHOO