Shell Considers Asset Sales in Argentina’s Shale Heartland

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Shell is considering asset sales or a full exit from the Vaca Muerta shale play in Argentina, potentially fetching billions, as the company evaluates its investment in the second-largest shale oil and gas formation in the world.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Shell may be considering leaving the Vaca Muerta shale play in Argentina, Reuters has reported, citing unnamed sources. Both a partial asset sale and a full exit are on the table, according to the report, with the deal or deals potentially fetching billions. The Vaca Muerta play is considered the second-largest shale oil and gas formation in the world, which has made it a magnet for energy companies, including several Big Oil heavyweights that have invested substantial amounts into developing the resources in the play. Shell specifically has been…

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Original article published by OilPrice.com on January 23, 2026.
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