South America

Chevron Looking for Shale Gas in China and Argentina

Chevron announced that they are exploring for shale gas in China’s Qiannan Basin and Argentina’s Vaca Muerta Formation.

More at Bloomberg.com.

Shale Gas and Shale Oil Resources of the Norte Basin, Uruguay

USGS has completed an assessment of the potential natural gas and oil resources present in shales of the Norte Basin of Uruguay.

More at USGS.

Unconventional Natural Gas in Argentina

Unconventional natural gas from shale could revive the oil and gas industry in Argentina. To stimulate interest in unconventional gas, producers will be allowed to sell it at above regulated rates.

More at Fox Business News.