Press Mentions

Cuando [PDVSA] no encuentra mercados, en lugar de dejar de producir [petróleo] trata de usar la máxima cantidad de inventario posible, entonces también puede exportar más en un mes porque tiene petróleo de sobra en almacenamiento que está esperando para ser exportado.

Por un lado, se necesitarán grandes cantidades de capital para poner en marcha sistemas de energía con bajas emisiones de carbono. Los gobiernos [de América Latina] se enfrentan a una crisis fiscal debido a la dificultad económica resultante del Covid-19, y la inversión privada se ve obstaculizada por el alto grado de riesgo político. 

I definitely expect to see growth in electric car and bus markets, as well as two-wheelers in Latin America in the coming years. Some governments in the region have very good electric transport strategies but other countries need to strengthen their broad strategy as well as specific regulations.

I don’t think anyone knew exactly how active Canada was [in energy and mining] in the Amazon [prior to the publication of our database].

Most companies are aware of all the problems with the policies [favoring the state-owned Federal Electricity Commission (CFE) over private sector renewable energy] and are not going to take the risk of building a new plant in Mexico.

The United States wanted to use the summit to get countries to make more ambitious [climate] pledges. The United States itself made a very ambitious pledge. Some of the other Latin American countries did too, but Mexico did not propose anything serious.

"The [Mexican] president’s goal is to 'return their monopolies' by bringing the energy sector under state control — even if that means promoting dirtier fossil fuels and contributing more carbon emissions."

"Already a year into [the pandemic], we should have seen a removal of fossil fuel subsidies, and we are not seeing that. It is a major problem for Latin America."

"[Ecopetrol] can’t really address climate change just by reducing their own emissions so diversification into power generation is part of their climate strategy."

There has been a big change over the last four to five years to include electric transport as part of [the] government [of Costa Rica's] plans.

La transición a energías limpias requiere capital y uso de nuevas tecnologías y Estados Unidos puede ayudar [a América Latina].

[Colombia’s] gas production outlook is uncertain.

Há uma percepção de que os cortes no orçamento para agências ambientais no Brasil, o relaxamento da fiscalização ambiental e a retórica constante de Bolsonaro contra os ambientalistas deram às pessoas luz verde para derrubar florestas ilegalmente sem consequências. O Brasil deve fazer melhorias em áreas como essas para mostrar que leva a sério a proteção da Amazônia.

I don’t think there would be a sudden flight of shale investment to Argentina [if Biden restricted new licenses on US federal lands]. The issue [for Vaca Muerta] is more whether Argentina can address its own bottlenecks in investment like price controls, restrictions on the repatriation of profits, and the general lack of uncertainty about future energy and economic policies.