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SOUTH AMERICA

Shell boosts shale focus

WEEKS after Argentina President Mauricio Macri struck a deal with unions to support developments, Shell has agreed to spend $300 million developing a pilot in the Vaca Muerta shale, the world’s second largest shale gas play.

Haydn Black
Shell boosts shale focus

Shell will take 50% in the Bajada de Anelo field with state-owned YPF, and they will initially develop a pilot project, pending finalisation of terms within the next two months.   Last month Macri...

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