Argentina’s energy bust spawns ‘ghost town’ in prized Vaca Muerta

Just weeks into his young administration, Argentina’s new president convened a meeting with executives from Chevron Corp (CVX.N), Royal Dutch Shell PLC (RDSa.L) and other oil companies in a bid to smooth things over with an industry which he had slammed as a candidate months before.

Campaigning last year against the South American country’s former market-friendly president, Alberto Fernandez had said there was no point in Argentina having oil riches if “you have to let multinationals come and take it away.”

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