Argentine government states its energy trade deficit expectation for 2015

The Argentine government says that lower global oil prices, along with increased domestic output, will reduce Argentina's energy trade deficit by 16% in 2015 to $5.6 billion, according to Reuters.

To help reverse the country’s energy trade deficit, Reuters notes that Argentina is encouraging production in its vast Vaca Muerta shale formation. International energy companies are making initial investments in this formation.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...