Oil and Gas
Community commitment
TotalEnergies signed a new agreement with the Province of Neuquén to expand its local development plans
The agreement aims to expand initiatives in key areas for the province: from road infrastructure and education to energy access. The company is participating with other operators in financing the paving of the Añelo bypass, a project designed to improve connectivity along key routes heavily used by the industry.
The global geopolitical map is shifting
Unexpected shift: Donald Trump issues “energy dominance” document, and Vaca Muerta would become a “regional security asset”
The White House presented its new National Security Strategy, prioritizing access to fossil fuels. The consequences of this geopolitical shift could be felt in Vaca Muerta.
Negotiations move forward
Exclusive: JPMorgan to serve as structuring bank for the $20 billion Argentina LNG financing
Horacio Marín told Shale24 that the U.S. giant will lead the project finance for the priority 12-MTPA phase once the binding agreement with ADNOC is signed. The FID would be taken in mid-2026, and exports would begin in 2030–31.
Updates on Argentina LNG
YPF moves forward on a binding agreement with ADNOC for the mega LNG project in Vaca Muerta
In an interview with Shale24, Horacio Marín said that XRG could finally sign a binding agreement before the end of the year. The potential impact for Argentina in numbers.
Exclusive interview for Shale24
YPF speeds up in Vaca Muerta: Horacio Marín outlines plan to add 50% more company-owned rigs in 2026, reach 250,000 barrels per day and cut costs
The CEO and President of YPF set out three ambitious goals for 2026 while highlighting the progress achieved so far, with energy focused on boosting operational efficiency and reducing costs.
Analysis: Heads of Agreement
Vaca Muerta LNG: How the SEFE Deal Organizes Argentina–Germany Trade Relations
Southern Energy will ship up to 2 million metric tons per year of LNG to SEFE Securing Energy for Europe for eight years beginning in 2027.
From the Port of La Plata
Camuzzi unveils $3.9 billion LNG del Plata export project from Argentina
With a 20-year investment plan, the company aims to position itself in the global LNG market by exporting Vaca Muerta natural gas through the Port of La Plata.
The deal will run for eight years
Southern Energy signed an agreement with a German state-owned company to export LNG starting in 2027
It is the largest LNG sales operation from Argentina in terms of both volume and duration. The agreement was signed by Rodolfo Freyre of Southern Energy South America (SESA) and Frédéric Barnaud of Germany’s SEFE. The deal further strengthens Vaca Muerta’s position as an international player.
Cutting-edge technology
Nabors Industries Sends Its F-15 Rig to Vaca Muerta: A New Boost for Argentina’s Oil Boom
Its arrival underscores operators’ push for cutting-edge technology in Latin America’s leading shale formation.
Uruguay and Namibia’s southern mirror: What are YPF and ENI seeing on the map?
How a potential discovery off Uruguay could reshape the region’s offshore map
Key agreement
YPF and Eni formalize joint venture in Block OFF-5, marking their most ambitious bet yet on South Atlantic pre-salt play
The oil company led by Horacio Marín signed an agreement with Italy’s Eni to jointly explore Block OFF-5, which spans 17,000 square kilometers and reaches a maximum water depth of 4,100 meters.
Analysis
Vaca Muerta’s comeback: The advantage Argentina keeps over Eagle Ford and the Permian
While U.S. shale basins face the maturity of oil fields that once seemed endless, the opposite is unfolding in Argentina’s Patagonia: Vaca Muerta is just getting started, and its momentum is already making allies and rivals take notice.
Vaca Muerta has become the standout driver of Argentina’s energy production
Argentina breaks its all-time oil production record: 10 key factors behind the fast-growing boom
Vaca Muerta is now the world’s second-most productive shale formation, trailing only the Permian Basin in the United States. Here are the numbers, drivers and projections behind a level of growth Argentina has never seen before.