Rigzone speaks to Ed Morse, the Global Head of Commodities Research at Citi, and James Davis, the Director of Short-Term Global Oil Service and Head of Upstream Oil at FGE.
Paolo Rocca, billionaire chief of oil-pipe maker Tenaris SA, said expectations are high that Argentina's President can turbo-charge development of the country's shale deposits.
Argentina was ordered to pay at least $8.4 billion in damages and $7.6 billion in interest in a US lawsuit over its 2012 re-nationalization of state oil company YPF SA.
An Argentinian oil union said it will hold a 48-hour strike to demand higher salaries, potentially affecting production at the Vaca Muerta shale patch.