The Vaca Muerta Formation, commonly known as Vaca Muerta is a geologic formation of Late Jurassic to Early Cretaceous age, located in the Neuquén Basin in northern Patagonia, Argentina. It is well known as the host rock for major deposits of shale oil and shale gas.
Just weeks into his young administration, Argentina's new president convened a meeting with executives from Chevron Corp , Royal Dutch Shell PLC and other oil companies in a bid to smooth things over.. Reuters - Published
The Argentine government will step up security in the Vaca Muerta oil fields by placing the shale formation under the jurisdiction of the military police, the Ministry of Security said on Monday. Reuters - Published
In late August, amid a sharp plunge in the Argentine peso, global suppliers to oil giant YPF received an unwelcome surprise in their inbox. A four-page notice that dollar contracts would be paid at a.. Reuters - Published