Argentina’s Shale Boom Accelerates: Phoenix Targets 260% Production Growth
Key Points — Phoenix Global Resources, backed by Swiss trader Mercuria, is filing a $6 billion investment plan under Milei’s RIGI incentive regime for Vaca Muerta shale expansion — Phoenix targets 260% production growth to roughly 80,000 barrels per day by decade’s end, from a current base of 22,000 bpd — Argentina’s total crude output […] The post Argentina’s Shale Boom Accelerates: Phoenix Targets 260% Production Growth appeared first on The Rio Times.
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Key Points — Phoenix Global Resources, backed by Swiss trader Mercuria, is filing a $6 billion investment plan under Milei’s RIGI incentive regime for Vaca Muerta shale expansion — Phoenix targets 260% production growth to roughly 80,000 barrels per day by decade’s end, from a current base of 22,000 bpd — Argentina’s total crude output […]
The post Argentina’s Shale Boom Accelerates: Phoenix Targets 260% Production Growth appeared first on The Rio Times.
