Mariano Machado, Americas principal analyst at Verisk Maplecroft: “Vaca Muerta’s consolidation has the potential to rewire the Southern Cone’s energy landscape, but only if Argentina carries out synchronous, sustained changes. Oil exports surged to a record 245,000 barrels per day in early 2025—up 42 percent year-on-year, with nearly 80 percent sourced from the Neuquén Basin. If infrastructure roll out takes place on time, hydrocarbon exports could top $30 billion annually by 2031, tripling relative to current levels. The Vaca Muerta South Pipeline (VMOS) is a $2.5 billion project financed under the new Regime for Large Investments and will be a structural enabler that removes critical logistical constraints. Producers face the risk of high costs due to saturated transport routes, overreliance on…”
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A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.












Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer
Jimena Blanco
Chief Analyst,
Verisk Maplecroft
María José Cortés
Head of ESG,
Atlas Renewable Energy
Jeffrey Davidow
Senior Counselor,
The Cohen Group
Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler
Jonathan C. Hamilton
Partner,
White & Case
Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter
James R. Jones
Chairman,
Monarch Global Strategies
Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher
Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil
Jeremy Martin
Director,
Energy Program,
Institute of the Americas
Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone
R. Kirk Sherr
President,
Clearview Strategy Group
Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue
Doris Rodríguez
Partner,
Hunton Andrews Kurth
Alexandra Valderrama
Director,
International Government
Affairs, Chevron
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