Sylvia Escovar, former president and CEO of Organización Terpel S.A., was appointed as chairman of the Board of Directors for GeoPark, a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile, and Ecuador.
Companies are increasingly under pressure from the public and regulators to both disclose and improve environment, social, and governance (ESG) metrics. Such regulations in Europe and the United States will nudge investors toward low emissions projects. All this capital has to be put somewhere, and Latin America and other emerging markets are well positioned to become big recipients of these increased climate-focused flows.
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On June 14, the Atlantic Council and the Energy Futures Initiative held a webinar on the role of natural gas in the transition to zero-carbon energy systems. Lisa Viscidi, director of the Energy, Climate Change & Extractive Industries Program at the Dialogue, spoke about financing natural gas infrastructure in Latin America.
Tania Ortiz Mena, former CEO of IEnova, a leading energy company in Mexico, was appointed as president of the Clean Energy and Infrastructure group of the company Sempra Infraestructura, as well as president of Sempra Infraestructura for Mexico.
A Latin America Advisor Q&A featuring experts’ viewpoints on the tightening of economic cooperation between China and Argentina.
A Latin America Energy Advisor Q&A featuring experts’ viewpoints on Colombia’s shift to renewable energy sources.
A Latin America Energy Advisor Q&A on whether Chile’s lithium sector is losing ground to other producers.
Until this year, resource nationalism—when a government asserts its control over a country’s natural resources—seemed to be on the wane in Latin America. But its potential return could set back Latin America’s two largest economies.
We are pleased to announce that Dr. Jorge León has joined the Dialogue’s weekly Energy Advisor publication’s board of advisors.
On December 13, the Inter-American Dialogue hosted an event for corporate program members called “The Outlook for Latin America and the Caribbean Next Year.”
November’s midterm elections altered the balance of power in Washington, and the new Democratic majority in the House of Representatives, which will mean new chairs on key committees, will play an important role in shaping US energy diplomacy and energy markets in the Western Hemisphere. At an event co-hosted by the Inter-American Dialogue and the Institute of the Americas, panelists discussed how the new Congress will approach key issues affecting energy within the context of Latin America’s evolving role in US trade and foreign policy.
Mexico’s 2013 energy reform has led to pledges of almost $200 billion of private investment and renewable power auctions garnering bids to provide electricity at record-low prices. The Mexican government should continue to build on the successes of the reform, César Hernández, former Mexican undersecretary for electricity, and Jorge Castilla, managing director for Mexico at Accenture, said at an event hosted by the Inter-American Dialogue, the Embassy of Mexico, and the Energy Policy Research Foundation.
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Jair Bolsonaro’s victory in the Brazilian presidential election was widely seen as promising for the country’s oil sector, which has been revitalized by reforms that opened the upstream market under the Temer administration, but many questions remain unanswered as the January 1 inauguration approaches. Lisa Viscidi spoke with Meghan Gordon and Brian Scheid of the Capitol Crude podcast about the future of Petrobas and its subsidiaries, fuel subsidies, and deepwater exploration under Bolsonaro.
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In an interview with Benjamin Gedan, director of the Wilson Center’s Argentina Project, Lisa Viscidi discusses the current conditions and outlook for three key components of the Argentine energy sector.
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2018 has been a year marked by great political uncertainty for Latin American energy markets. Oil prices are up, creating strong incentives for investment, rising US natural gas exports are creating a new source of flexible, cheaper energy for Latin American consumers, and the cost of wind and solar energy is declining dramatically. However, Latin America continues to face uncertainty in energy policy as new governments take office in many countries and geopolitical tensions between the US and China are on the rise. With many questions on the table, government officials, corporate representatives, and analysts gathered on October 25 at the Inter-American Dialogue to assess the future of energy policy in the Western Hemisphere.
