Petronas in Talks to Exit Argentina’s Vaca Muerta Shale

Petronas has launched a process to potentially sell its interest in a Vaca Muerta joint venture which would see Malaysia’s national oil and gas firm exit the Argentinian shale region. Petronas has already held discussions with a potential buyer about a sale of its 50% stake in La Amarga Chica joint venture with Argentina’s state oil and gas firm YPF.  If the sale goes through, Petronas would exit Vaca Muerta, becoming the latest major oil firm to have quit the Argentinean shale business.

March 14, 2025 

SOURCE: OIL PRICE

Petronas in Talks to Exit Argentina’s Vaca Muerta Shale