The Iranian Light Crude Oil and Iranian Heavy Crude Oil grades represent a source of national wealth.
A complete guide to Iranian oil

Iranian oil: technology, industry, processes, reserves, history and geopolitical challenges

A focal point of international tensions, Iran holds the world’s third-largest proven oil reserves, estimated at about 208 billion to 209 billion barrels at the end of 2024, accounting for roughly 12% of global reserves and 24% of those in the Middle East

Lucía Martínez

Vaca Muerta Shale Play

Insights, data, and analysis from Latin America’s world-class game changer

International financing signals shift in bilateral relationship

Shale24 first reported: EXIM Bank reopens credit to Argentina, enables strategic financing for energy and critical minerals

The updated Country Limitation Schedule (CLS) allows short- and medium-term credit for Argentina’s public and private sectors. Within the framework of the Reciprocal Trade and Investment Agreement (ARTI), the EXIM Bank decision is set to support projects in Vaca Muerta, lithium and infrastructure, marking a key financial endorsement in the relationship between Buenos Aires and Washington.

Lucía Martínez


More News on Shale24

Of the six planned crude storage tanks, two units are already in an advanced stage of roof assembly.
Energy infrastructure

VMOS project advances Punta Colorada tanks, boosts Vaca Muerta export capacity

The Punta Colorada Terminal, the endpoint of the Vaca Muerta Oil Sur (VMOS) pipeline, is advancing with roof assembly on two of the six planned storage tanks. With total storage capacity of 720,000 cubic meters and an investment exceeding $3 billion, the project is designed to transport up to 550,000 barrels per day and establish a new crude export route from Río Negro province on Argentina’s Atlantic coast.