#Shell Argentina

Integrated energy company. In Argentina, its main focus is the exploration and production of unconventional (shale) oil and gas.

With more than 110 years of presence in the country, its assets in Vaca Muerta are considered world-class, having been named “Asset of the Year” by the Shell Group in 2023.

The Dock Sud refinery and nearly 900 Shell service stations are up for sale.

The Argentine asset is being sold

Raízen seals restructuring deal with creditors in Brazil while negotiations with Mercuria Energy Group progress in Argentina

The joint venture between Shell and Cosan is hours away from closing a debt restructuring with creditors who demanded a capital injection of up to $4.874 billion. The Argentine business — profitable, with sales still growing — is being sold anyway. The Dock Sud Refinery and nearly 900 Shell service stations did not fail. They simply happen to be where the money can be raised fastest.

The crossing is being carried out at an approximate depth of 30 meters below the riverbed.

Vaca Muerta Oil Sur

VMOS: What the Río Negro crossing involves, the technique used by Techint-SACDE, and what comes next for the project

Preparatory work is underway for the directional drilling on the north bank, while on the south bank a welded and hydrostatically tested pipe section is ready for insertion, with additional works still pending at the site.

EU-Mercosur: What would be traded each year in billions of euros — Oil is Mercosur’s top export to Europe, with metal mining products also in the top

Competitive advantages

EU-Mercosur deal: Key impacts on Vaca Muerta, LNG and mining

By combining the European Union’s engineering expertise and innovation capacity with Mercosur’s unique geological endowment, the treaty will make many energy projects more economically attractive.