Argentina’s Oil Industry Is Finally Bouncing Back

While the COVID-19 pandemic and 2020’s oil price collapse hit Argentina’s hydrocarbon sector hard, leading to some analysts to claim that it may never fully recover, there is evidence of a healthy rebound is underway. This is especially positive news for the national government in Buenos Aires which for nearly a decade has pinned its hopes on fueling an economic revival by exploiting the massive hydrocarbon wealth of the Vaca Muerta shale play. The massive shale play, located in the oil-rich Neuquén province, is thought to hold…