Oil and Gas

The industry can turn associated gas into a new energy business.
Nicolás Arceo for Shale24

Vaca Muerta’s associated gas doubled in 2025 and hit a new record in January 2026: Can this byproduct of the oil boom be monetized?

Associated gas — the gas that inevitably emerges as a byproduct of oil production in the black oil and liquids-rich window of the Neuquén formation — is rich in high-value components. In January, output climbed to 26.7 million cubic meters per day, setting a historic record. The industry is closely monitoring the trend, as it could open the door to a new business opportunity.

The start-up of the H2 II unit at the Luján de Cuyo Industrial Complex marks a milestone within the NEC B project.
Industrial modernization and energy transition

Hydrogen exports and refining: YPF launches H2 II unit at Luján de Cuyo complex

The new high-purity hydrogen plant is key to the NEC B project, which will allow 100% of the diesel produced at the Mendoza refinery to meet international 10 ppm sulfur standards, reducing emissions and strengthening YPF’s downstream operations with an export-oriented profile.

The Trump administration announced the creation of “Project Vault,” a $12 billion strategic reserve of critical minerals.
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