Argentina’s YPF to boost investment by 73% this year to rebuild output

 Argentina’s state-backed energy company YPF plans to ramp up it investment 73% this year, with the brunt of the increased spending going toward rebuilding oil and natural gas production after a 10% slump in 2020, a company source said. YPF aims to increase investment in its upstream business more than 90% this year compared with 2020.

Source: S&P Global