The 600-well, 25-year development at the former ExxonMobil block is now the largest upstream commitment filed under Argentina's investment incentive regime.
U.S. Energy Secretary Chris Wright and Interior Secretary Doug Burgum convened a 45-minute call with the CEOs of ExxonMobil, Chevron, Occidental Petroleum and Continental Resources. The U.S. rig count has fallen to 543, the Permian is holding at 242, and independent producers plan flat 2026 capital expenditure. For Argentina, the read-through runs through capital: when price-drilling elasticity breaks in the dominant basin, rotation into Vaca Muerta stops being an optional bet.
The Techint Group's E&P subsidiary increased the cap on its local bond program as it pursues a $2.4 billion plan to scale Los Toldos II Este from 20,000 to 70,000 bbl/d within 18 months. Part of the new ceiling is already committed to outstanding instruments.
From floating LNG to crude export pipelines and NGL fractionation, a concurrent buildout across Vaca Muerta's full value chain represents the largest private investment cycle in Argentina's energy sector this century
With Neuquén crude output at 600,000 bbl/d and the Duplicar Plus system approaching saturation, Argentina's two main midstream operators are racing to build crude, gas, and NGL evacuation infrastructure — and manage the capacity gap in between
With Veladero and Diablillos, the sector now accounts for six of the 12 projects approved under the regime. The pending pipeline — led by Glencore with $13.5 billion in copper projects — suggests that share will grow even further.
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.
Innovative solutions use energy-saving algorithms that evaluate the time of day, natural lighting and the total load on the power grid, ensuring stadiums operate at maximum efficiency regardless of the
These are critical days for Argentina’s economic dynamics. The energy sector is bringing in dollars through financing, while sectors tied to the RIGI are driving domestic activity. New regulations are creating incentives to capitalize on the favorable momentum in emerging markets.
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.
The pipeline will be 209 km long, linking the northern area of the Neuquén Basin with the pumping station in Allen, Río Negro. The project will expand the transport system’s capacity from 20,400 to 55,400 cubic meters per day and will connect to the Vaca Muerta Oil Sur (VMOS) system.
The amendment seeks to optimize the attraction of foreign capital and align the administrative evaluation process with economic diplomacy. Technical requirements for participation include the submission of an investment plan, an export impact assessment, and compliance with environmental and labor standards.
It became one of the first 35 facilities, out of the Swiss multinational’s 170 worldwide, to obtain the certification.
With a portfolio that already exceeds 27 submitted projects and investment commitments topping $33 billion, extending the deadline to 2027 could unlock additional investment and new projects, further expanding the country’s energy and mining frontier.
SACDE has stepped up its search for specialized workers, particularly for complementary pipelines. The company is seeking pipefitters, drivers and heavy-equipment operators, including hydrocranes, motor graders, front loaders and backhoes, as well as welders.
