REPSOL MAKES ITS BIGGEST EVER SHALE FIND

ARGENTINE energy firm YPF, the local unit of Spain’s Repsol, said yesterday it had made a very large shale oil discovery, identifying unconventional energy resources of 927m barrels of oil equivalent (boe) in Patagonia. The find is Repsol’s largest ever, and could elevate Argentina to becoming one of the world’s leading producers of the oil.