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Billionaire Investors Backing An Oil Price Turnaround

31-7-2017 < Blacklisted News 56 78 words
 

The Latin American energy sector is at its most lucrative turning point ever. In Argentina, while all the supermajors are tied up in the Vaca Muerta shale, massive heavy oil opportunities are up for grabs. In Colombia, demand for gas is dangerously outpacing supply, and the country’s largest gas field is declining rapidly. They need 65MMscf to come online every year just to keep pace. And gas in Colombia fetches attractively higher prices than the well-known Henry Hub.

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