Chevron accelerates Argentina shale oil production
Chevron is deploying US workers and equipment to boost oil production in Argentina's Vaca Muerta shale region. The energy company aims to expand operations at its El Trapial block as economic reforms take hold.
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Chevron Corp is deploying workers, equipment, and expertise from the Permian Basin to the Vaca Muerta shale formation in Argentina, targeting a production surge. The US-based energy major plans to spend $13.8 billion over 30 years to scale operations at its El Trapial block.
