Vaca Muerta

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IEEFA update: Get out now — Norway’s fossil fuel epiphany

Divesting fossil fuel stocks challenges conventional wisdom on economic future of oil and gas industry

Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, has decided to “sell.” They have announced plans to divest from 134 oil and gas exploration and production companies held in its US$1 trillion investment fund. The fund will continue — at least for now — to hold onto the stocks of large, […]

Activists renew protests against development of Argentina’s Vaca Muerta oil, gas shale region

Reuters: Greenpeace activists in Argentina blocked access on Tuesday to a waste site used by companies that extract oil and gas from the Vaca Muerta shale formation, the organization said. Greenpeace said there were illegal practices at the oil waste site which harmed the environment and local population. The site is run by Treater SA, […]

February 28, 2019 Read More →

On the blogs: Fracking controversy on the rise in Argentina

OPSur: German photojournalist Stefan Borghardt was detained and beaten and had his equipment confiscated by police because of taking photographs of the Treater oil waste treatment plant in the town of Añelo. Borghardt was reporting on fracking in Argentina, particularly the Vaca Muerta megaproject. The Treater plant is used by the oil companies YPF, Total, […]

January 17, 2019 Read More →

IEEFA Argentina: Los contratiempos en el plan de utilizar las reservas de petróleo y gas de Vaca Muerta para impulsar la economía

Perforador independiente se retira; no hay postores para la nueva oferta

Los funcionarios argentinos están atribuyendo gran parte de la recuperación económica del país a la atracción de inversión extranjera para explorar, bombear y vender petróleo y gas desde la región de Vaca Muerta en la provincia de Neuquén a un nuevo conjunto de clientes globales. La cuestión para Argentina es si sus problemas económicos minarán […]

and January 17, 2019 Read More →

IEEFA Argentina: Setbacks in plan to use Vaca Muerta oil and gas reserves to kickstart economy

Independent driller drops out; no bidders for new offering

Argentine officials are pinning much of the country’s economic comeback on attracting foreign investment to find, pump and sell oil and gas from the Vaca Muerta region in Neuquén Province to a new set of global customers.  The question for Argentina is whether its economic problems will undermine its ability to develop the Vaca Muerta […]