Total, BP, YPF boost investment in Argentina’s Vaca Muerta

Argentina’s state-run oil firm YPF, France’s Total, Wintershall Energía and BP’s Pan American Energy have announced a $1.15 billion joint investment to increase shale gas production. The investment is the largest specific project announcement since March in Vaca Muerta, one of the world’s largest shale formations, as Argentine President Mauricio Macri’s government tries to reduce…

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Pakistan sets up shale gas, oil centre to facilitate E&P companies

Pakistan’s ministry of petroleum and natural resources has established a shale gas and oil centre to facilitate interested exploration and production (E&P) companies in tapping the recently identified 188TCF gas and 58BSTB oil technically recoverable resources in lower and middle Indus Basin. “A dedicated Shale gas and oil centre has been established at the Petroleum…

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