Strike at YPF fracking sand plant threatens Vaca Muerta output

Nearly 200 workers are on strike since Wednesday, claiming better wages, at the biggest fracking sand plant in Vaca Muerta run by state-backed YPF, Argentina's biggest oil and gas producer. While YPF has been increasing its shale oil production, the number of fracking stages in the play fell 26% to 346 in January from 467 in December, and was down from a most recent peak of 676 in August.

Vaca Muerta’s oil union calls off strike after layoffs agreement

The Union of Private Oil and Gas Workers in Neuquén called off a threat to go on strike after companies vowed to not fire 600 workers and suspend another 1,200 while waiting for production to pick up. The agreement was signed by Labour Minister Claudio Moroni at an extensive meeting in which the companies requested a crisis prevention procedure to reduce the burden of employer contributions for at least six months.