In the wake of the COP21 global climate talks, governments must shift attention to how they will actually follow through on the commitments made in Paris. One concept is central to achieving that goal – innovation.
The hydrocarbons sector is at a turning point. Low prices and uncertain projections, competition for market share, geopolitical dynamics, growing environmental and social concerns, and questions about the future of fossil fuel and renewable energy sources necessitate analysis and discussion about the present and future of the industry and the challenges…
With Brazil’s state oil company Petrobras engulfed in a massive corruption scandal, the government looks poised to introduce an energy sector overhaul.
Given their close proximity to the United States, LAC countries are well-positioned to capitalize on the surplus of US gas exports and current buyer’s market.
Firms across Latin America are complaining about the difficulties of recruiting workers with the technical skills their businesses demand. Lack of adequate skills is becoming a bottleneck for growth in technologically complex industries, harming government efforts to increase investment in strategic sectors of the economy. In Mexico, the energy reform creates opportunities to generate new jobs and educate and train workers in specialized skillsets, but the country will also face challenges in meeting additional demand for skilled labor.
Conflicts over energy and natural resources are leading to social turmoil and posing serious challenges for investment projects all over Latin America.