Argentina’s prized shale basin Vaca Muerta, once hailed as the key to transforming the country into a global energy exporter, is now facing a period of stagnation and uncertainty. Lower oil prices, rising costs, and policy constraints have slowed drilling and fracking, raising questions about whether the formation can deliver the government’s ambitious export goals. According to Reuters, drilling and fracking activity in Vaca Muerta — the world’s fourth-largest unconventional oil reserve — has begun to plateau, with…

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