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Vaca Muerta: the Shale Shipwreck Under the Shadow of the National Government – by Ricardo Raúl Benedetti
Summary by Ricardo Raul Benedetti
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NRG ALLEN, Argentina — At the end of June 2025, NRG Argentina, a key supplier of fracking sand to the Vaca Muerta region, laid off more than 200 workers at its Allen, Río Negro, facility, marking a new chapter in Argentina's shale crisis. With debts of $700 billion and a bankruptcy case underway, NRG is a reflection of a larger problem: the national government, under Javier Milei, has failed to create the conditions to unleash Vaca Muerta's pote…
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