Chevron Applies for Argentina Tax Break Program with $13B Investment Plan
12 Articles
12 Articles
American Company Chevron Is Betting on a Major Investment in Argentina's Vaca Muerta Shale Formation
BUENOS AIRES (AP) — US oil company Chevron has presented Argentine authorities with a $13.8 billion investment project to develop an area it is operating in Vaca Muerta, one of the world's largest unconventional hydrocarbon reserves…
Chevron, YPF partner at Loma Campana since 2013, is now looking to expand its presence in training: it will invest $13.8 billion in El Trapial through RIGI
Chevron applies for Argentina tax break program with $13.8 billion investment plan
Chevron has applied to join Argentina's incentive regime for large investments for a $13.8 billion unconventional oil project in the El Trapial area of Vaca Muerta, the U.S. oil major said on Tuesday, in what would rank among the biggest new bets on the country's shale patch.
The US oil company Chevron has presented an investment project for $13.8 billion in Argentina and requested that it be admitted to the Big Investment Incentive Regime (RIGI) launched in 2024 in the South American country. According to the company in a statement, the investment will be destined for the development of the El Trapial area, in the Argentine province of Neuquén (southwest), as part of the formation of unconventional hydrocarbons of V…
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