Canadian energy shares had their first record close in nearly eighteen years, helped by rising oil and natural gas prices and a return of investor interest in the sector.
YPF SA is setting aside funds to keep spending in the fast-growing Vaca Muerta basin even if oil prices fall this year as management handpicked by libertarian President Javier Milei looks to build the state-run company into a global shale star.
The US renewed threats to quit the International Energy Agency unless the organization scales back climate advocacy and focuses on energy security.
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