Monday Memo: Chávez Names Maduro – Regional Elections in Venezuela – Puerto Rico Discusses Next Steps for Statehood – Arab-Latin American Forum – and more
Top stories this week are likely to include: Chávez designates successor as he heads to Havana; Puerto Rico convenes legislature for statehood; Arab-Latin American Forum in Abu Dhabi; and impact of recent energy takeover deals in Canada. Developments in Venezuela: This is the final week of campaigning in Venezuela’s regional elections, and the electorate will … Read more
Mexico’s New Oil Discoveries: Too Good to be True?
Mexico’s successful deep-water drilling of wells “Trion-1” (August 29) and “Supremus-1” (October 5) in the northwestern Gulf of Mexico has caused national euphoria. It has shown the country’s considerable oil potential and revamped public confidence in state-owned company Pemex (Petróleos Mexicanos), whose reputation had dwindled for the past years following a decrease in production, corruption … Read more
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