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Argentina’s Growth Paradox: Shale Riches Grow as Jobs Disappear Elsewhere

YPF says the shale formation could generate $50 billion in export revenue by 2031 as training programs race to fill thousands of jobs.

Summary by WTVB
By Leila Miller ANELO, Argentina, July 30 (Reuters) - Ramiro Ramirez, a trained mechanic, found work in just a month at Argentina's Vaca Muerta, home of one of the world's largest shale oil and gas reserves, where he earns 10 times his previous salar...

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Argentina's growth paradox: Shale riches grow as jobs disappear elsewhere

·London, United Kingdom
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Lean Right

IMF chief Kristalina Georgieva tours the Loma Campana oil field, operated by YPF in Neuquén, during her visit to Argentina. Read more

·Buenos Aires, Argentina
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The governor of the province of Buenos Aires, Axel Kicillof, criticized the recent visit to the country of the managing director of the International Monetary Fund (IMF), Kristalina Georgieva. He pointed against his analysis of the economic situation and warned him that the oil that went to see in Vaca Muerta "is Argentine." The sayings of the Bonaerense president took place during an event in Lomas de Zamora together with the mayor Federico Ote…

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  • 50% of the sources are Center, 50% of the sources lean Right
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Buenos Aires Times broke the news in Buenos Aires, Argentina on Wednesday, July 29, 2026.
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