Argentina’s shale boom pushes it beyond Colombia in oil production

Argentina’s shale boom pushes it beyond Colombia in oil production

Argentina, in a surprising fact, surpassed Colombia and became the fourth largest oil producer in South America. The country is experiencing a once-in-a-generation unconventional hydrocarbons boom, which began when Buenos Aires nationalized integrated energy major YPF in 2012. Since then, Argentina’s oil and natural gas production has continued to rise, periodically hitting new monthly highs…

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