The massive unconventional oil boom underway in Argentina continues to gain momentum. During late 2024, Argentina, which is South America’s second largest economy after Brazil, overtook Colombia to become the continent’s fourth largest oil producer. The surge in petroleum revenues, coupled with President Javier Mieli’s economic reforms, is a boon for one of the world’s most unstable and crisis-riven economies. There are signs of strong production growth ahead with shale oil and gas output expanding at a solid clip. …

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