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Broken Promises? Huge oil resources in times of low prices

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Brazil, Mexico and Argentina have three of the most exciting oil opportunities in the world: pre-salt, deepwater and shale. Developing those areas in times of low oil prices is the challenge ahead. Will each country be up to the task? Argentina’s shale |   By Charles Newbery   | In Argentina, large casinos and hotels dot a highway that runs through a fruit valley and into high plains of Neuquen, home to the country’s new energy promise: Vaca Muerta. ExxonMobil, Royal Dutch Shell, Total and other major companies are drilling into the formation in the province and neighboring Mendoza, driven by promises of […]
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