While never a major source of power generation for most of Latin America and the Caribbean, the future of coal in the region is more complex than many people might expect.
The administration of U.S. President Donald Trump is mulling possible sanctions on Venezuela’s energy sector, including on state-run oil company PDVSA, Reuters reported in June. Approximately 8 percent of U.S. oil imports in March came from Venezuela, the third-largest oil supplier to the United States. What would happen if the United States stopped buying oil from Venezuela?
President Donald Trump announced June 1 that he was withdrawing the United States from the Paris Agreement on climate change. Was this the right move for the United States?
In January, oil giants ExxonMobil and Hess announced they had drilled a deepwater exploration well that strongly suggests the seafloor beneath Guyana’s coastal waters holds one of the largest oil and natural-gas discoveries in recent years. What is the outlook for Guyana’s oil and gas sector, and what has changed since the announcement of the Liza discovery nearly two years ago?
Mexico on Dec. 5 held its first-ever deep-water oil auction, attracting bids from foreign oil companies. Was the auction successful?
What is the outlook for Ecopetrol and the Colombian oil sector in the short to medium term?