Argentina Sets Oil Record as Its Export Ranking Shifts
12 Articles
12 Articles
Argentina Sets Oil Record as Its Export Ranking Shifts
July output hit a record and crude oil topped the single-product export table. The soy complex, however, still earns more export dollars than the oil complex. The post Argentina Sets Oil Record as Its Export Ranking Shifts appeared first on The Rio Times.
Crude extraction grew by 17.2% year-on-year and boosted sector exports to more than USD 5.7 billion in the first seven months of the year
Dead cow already explains more than 70% of the national crude and pushes the income of dollars.
Vaca Muerta again marked the pace of Argentine energy production. In July, the Neucan formation reached 643,100 barrels per day, 26.4% more than in the same month of 2025, and became more than 70% of the oil extracted in the country. The growth of the basin allowed the national production to reach 916,200 barrels per day, a new maximum and 17.2% higher than the one recorded a year ago. The jump is also reflected in foreign trade. With greater vo…
Argentina achieved a record oil production last July thanks to the momentum of the gigantic formation of unconventional hydrocarbons Vaca Muerta, in the southwest of the country, official sources reported this Thursday. According to data from the Ministry of Economy of Argentina, last July a record was verified for the total monthly oil production of the country, with 916.200 barrels per day, representing an increase of 17.2% in relation to the …
Buenos Aires, 27 August (NA) -- Oil production in Argentina reached a new record in July, reaching 916.200 barrels a day, representing an increase of 17.2% over the same month of 2025. The growth of the activity was driven mainly by Vaca Muerta, according to the reports to which the Agencia Noticias Argentinas agreed, the unconventional formation located in the province of Neuquén that continues to gain weight within the national energy matrix. …
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