On December 3, President Nicolás Maduro held a referendum asking citizens whether the Essequibo region should be “reclaimed” as part of Venezuelan territory. Whether prompted by the 2015 discovery of abundant oil reserves, or the need to gain popularity before the 2024 presidential elections, Maduro ordered Petróleos de Venezuela, SA…Read more +
The Latin America Advisor’s latest video features Inés Vesga, partner at Holland & Knight. Vesga spoke with Advisor editor Gene Kuleta in July about the energy sector proposals of Colombia’s incoming president, Gustavo Petro. View the latest Advisor video here: To watch other Advisor videos on technology’s role in Latin…Read more +
The perfect storm of the plummeting oil price and the Covid-19 pandemic could have dire consequences for oil-dependent Latin American economies, lead to a reduction in upstream investment, and damage the prospects for renewable energy projects.Read more +
For over a decade Colombians have been debating whether or not to allow oil companies to use hydraulic fracturing, or fracking, to produce oil and gas from shale rock, a technique that has been controversial in many countries. The high court’s decision last week to uphold a moratorium on fracking suggests the increasingly polarized debate is far from over.Read more +
Héctor Castro Vizcarra, Nate Graham
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President Andrés Manuel López Obrador has shaken up Mexico’s energy industry even more than anticipated. Nate Graham, assistant for the Energy Program, posed some questions to non-resident senior fellow Héctor Castro Vizcarra to discern where the country’s energy sector is headed.Read more +
Mexico’s government this month approved supporting secondary legislation that will provide additional direction for the country’s energy reforms. Read more +