Argentina’s YPF said March 19 that it plans to invest more than $1.5 billion this year to ramp up oil and natural gas production in the Vaca Muerta shale play, a latest move by the state-backed energy company to rebuild output from a slump in 2020. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The investment “will translate into a significant increase in oil and gas production” compared with 2020, YPF chairman Pablo Gonzalez said in a statement. The aim is to boost shale oil output by 56% and unconventional gas output — shale and tight — by 70% this year compared with 2020, the company added. Gonzalez made the announcement as part of a series of […]