How Venezuela’s Opposition Is Trying to Save PDVSA
A National Assembly-proposed bankruptcy law shows the depths of the challenges PDVSA faces.
A National Assembly-proposed bankruptcy law shows the depths of the challenges PDVSA faces.
From arms factories to Rosneft’s investments, Vladimir Putin’s actions in Venezuela reveal his desire to create turbulence close to the U.S.
Ahead of next year’s election, criticism surrounds Evo Morales’ efforts to take advantage of a global energy trend.
A look at the sugar and ethanol industry shows why trade barriers are not the best response to globalization’s pressures.
It’s an oft-stated parallel that is worth repeating: A big oil discovery in a country is like winning the lottery. And what happens to lottery winners? Almost 70 percent of them declare bankruptcy within seven years. Something similar happens to some countries after they strike it rich with natural resources. Massive inflows of money combined … Read more
Este artigo foi adaptado da edição impresa de AQ sobre Colômbia | Leer en español | Read in English Todos acompanhamos as machetes. A Petrobras, a estatal de petróleo brasileira, tornou-se, nos últimos anos, uma síntese de disfunção e corrupção, o epicentro do escândalo conhecido como Operação Lava-Jato, que resultou em pelo menos US$ 5 bilhões … Read more
After years of financial uncertainty, the Brazilian oil giant is back from the brink – and beating regional competitors.
Geography and a lack of security have stunted Colombia’s infrastructure development. The country needs to be connected for peace to take hold.
Este artículo está adaptado de la edición impresa de AQ sobre Colombia | Read in English | Ler em português Todos hemos leído los titulares: Petrobras, la empresa estatal de petróleos de Brasil, se ha convertido en los últimos años en un sinónimo de disfunción y corrupción, el epicentro del llamado escándalo de Lava Jato en el que por … Read more
On his 100th day as president, Evo Morales sent the military to occupy Bolivia’s oil and gas fields in a bid to nationalize reserves of its most important resource. It was a dramatic statement that captured attention in Bolivia and beyond. A decade later, Morales is adopting a more pragmatic approach. There’s little fanfare this time, … Read more
Argentines don’t like it when their neighbors across the Andes get the better of them. But few will deny that when it comes to green energy, Chile has the upper hand. Over the past three years, Chile has turned itself into the continent’s renewable energy powerhouse, while Argentina’s green promise has remained unfulfilled. That may … Read more
Lourenço Canário da Silva never fought in World War II, but he was one of the unsung footsoldiers who contributed to the Allied victory. A poor laborer from the northeastern state of Ceará, Da Silva and some 34,000 other Brazilians were recruited to tap rubber in the Amazon forest between 1943 and 1945. The bounty … Read more
In Nov. 2013, just weeks before Mexico’s historic energy opening was signed into law, two-time presidential candidate Andrés Manuel López Obrador sent an open letter to the CEO of ExxonMobil, Rex Tillerson “informing” the executive that Mexico’s oil belonged to its people. López Obrador urged Tillerson to measure the costs of investing in Mexico should the reform … Read more
This article is adapted from AQ’s most recent issue, “Fixing Brazil.” To receive the print edition at home, subscribe here. In 1979, Brazilian rancher Flavio Turquino purchased 54,000 acres deep inside Mato Grosso, a landlocked state whose name means “thick forest,” for about $1 an acre. He had already scouted the land in his single-prop … Read more
Just five years ago, Chile was in the midst of an energy crisis. Argentina had stopped sending natural gas across the Andes, and the threat of blackouts and energy rationing was real. Energy prices were among the highest in the region, the sector was dominated by a handful of monopolistic utility companies, and the private … Read more