Could Venezuela’s oil production decline even more steeply? Three evolving developments will largely determine the answer: whether creditors can seize assets in compensation for default, whether large numbers of oil workers continue to abandon their jobs, and whether the United States and other countries impose additional sanctions.
El 7 de agosto Iván Duque asumió la presidencia de Colombia. Se enfrentará a muchos desafíos, entre ellos el narcotráfico, las tensiones con Venezuela, el proceso de paz con las FARC y un conflicto en marcha contra el ELN. ¿Cómo colaborarán Colombia y los EEUU frente a estos temas durante la presidencia de Duque?
President-elect Andrés Manuel López Obrador can capitalize on Mexico’s enormous renewable energy potential and make Mexico a leader in the fight against climate change. Although his platform offers some promising proposals, he will have to maneuver through several major obstacles.
The Brazilian oil & gas industry is going through its “largest transformation ever,” said Décio Oddone, Director-General for the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) at an event organized by the Inter-American Dialogue on June 28th.
In a conversation with CSIS, Lisa Viscidi explained the potential implications of this year’s elections in Latin America’s top oil producing countries. Political changes in Brazil, Colombia, Mexico, and Venezuela will affect oil output, with effects felt both domestically and in the United States.
Improving grid management, expanding fiscal incentives for renewable technologies, and improving the land consultation process will open the door to the large Mexican renewable energy market.
The next few years will see a major shift in the hemispheric natural gas trade, as increased US LNG exports increasingly displace volumes from other exporters.
The government of Neuquén—Argentina’s top oil and gas producing province and home to the country’s huge shale play Vaca Muerta—is implementing a detailed plan to eliminate barriers to hydrocarbon development, Governor Omar Gutierrez said at an Inter-American Dialogue panel discussion. This includes facilitating equipment imports by removing customs tariffs, gradually eliminating consumer subsidies for natural gas, and signing a new labor agreement between the provincial government and labor unions.