Argentina’s state-controlled energy company YPF SA is preparing to maintain heavy investment in the Vaca Muerta shale basin even if oil prices fall this year, as President Javier Milei’s administration pushes to transform the country into a global energy powerhouse. Chief Executive Horacio Marin said the company has structured its portfolio to withstand lower crude prices without cutting capital expenditure. “Our capex doesn’t change whether a barrel is worth $70 or$55,” Marin said in Buenos Aires, addin ...