Monday Memo: Haiti Deadlock – Cuba Prisoners – PEMEX – U.S. Gay Marriage – China and CELAC
This week’s likely top stories: Haiti attempts to negotiate its way out of political deadlock; Cuba frees 53 political prisoners, holding up its end of the rapprochement deal with U.S.; Mexico cuts funding to PEMEX causing major oil sector layoffs; the U.S. Supreme court declines to review a challenge to Louisiana’s gay marriage ban; China … Read more
Hard Talk
Can renewable energy be the answer for PetroCaribe’s imperiled members? Yes: Leopoldo Martínez Nucete; No: Anton Edmunds
Un barril de problemas para Venezuela
Ernesto Villegas, director de propaganda del Partido Socialista Unido de Venezuela (PSUV), aseguró hace dos semanas que si el petróleo venezolano llegase a cotizarse a 7 dólares por barril, la “revolución bolivariana no caería, se fortalecería”. La afirmación parece aventurada, incluso para los dirigentes del chavismo, acostumbrados a permear la realidad nacional con desconexos jingles … Read more
Geothermal Energy Potential Unleashed at COP20
Debates about renewable energy rarely focus on geothermal energy, despite its impressive potential. However, this may be changing: on December 8, the Geothermal Development Facility (GDF) was launched during the UN climate change talks in Lima, Peru, mobilizing $1 billion towards geothermal development across Latin America. Geothermal reservoirs are located on tectonic plate boundaries or … Read more
Monday Memo: Colombia FARC Amnesty— Haiti Prime Minister — Argentina Railway — Venezuela PetroCaribe — U.S. Police Brutality
This week’s likely top stories: Colombians march against possible amnesty for FARC; Haitian Prime Minister Laurent Lamonthe steps down; Chinese railroad company wins $275 million in orders from Argentina; Venezuela seeks to expand PetroCaribe despite its fragile economic situation; Thousands gather across the U.S. in anti-police brutality protests. Uribe Leads Protest Against Possible FARC Amnesty: … Read more
Monday Memo: Peru COP20 — Uruguay Election — Colombia Peace Talks — Venezuela Oil — Cuba GDP
This week’s likely top stories: Global leaders gather in Lima for the COP20 Climate Summit; Tabaré Vázquez wins the runoff presidential election in Uruguay; With FARC hostages released, Colombian peace talks are set to resume in Havana; Venezuela braces for impact as oil prices hit rock bottom; Cuba misses the mark on economic growth in … Read more
The Continuing Politics of Keystone
U.S. Republicans did not wait long after their midterm gains to provoke a congressional vote on the approval of the Keystone Pipeline project. It was not the first such try. Getting a strong and unequivocal vote in favor of Keystone in the House of Representatives, where the GOP has a strong majority, was easy. The … Read more
Monday Memo: Ecuador Amendments — P&G Tax Fraud — Brazil Solar Parks — U.S. Midterm Elections – Colombia Paramilitary Sentenced
This week’s likely top stories: Ecuador’s National Assembly dismisses referendum on controversial constitutional amendments; Argentina suspends Proctor & Gamble for fiscal fraud; Brazil grants contracts for 31 new solar parks; U.S. gears up for midterm elections and immigration reform; Colombian court sentences AUC paramilitary leader to 8 years. Ecuador’s National Assembly Strikes Down Referendum on … Read more
Argentine Congress Passes Energy Bill, Opens Door for Shale Gas Development
Argentina’s Chamber of Deputies passed a bill yesterday that updates the country’s 47-year-old hydrocarbon law. The bill, which has President Christina Fernández de Kirchner’s support and has already been approved by the Senate, would ease foreign investment in energy exploration and production. Significantly, it includes regulations for off-shore and shale gas production—categories that were not … Read more
Shale Gas Development in Latin America
New technology and capital has boosted shale gas and tight oil production in the United States and Canada—a phenomenon dubbed the “shale revolution.” This revolution has important geopolitical implications and has shifted North America’s energy outlook from one of scarcity to one of abundance. The rest of the Western Hemisphere is also sitting on expansive … Read more
Will the Shale Gas Revolution Solve Argentina’s Economic Woes?
As the shale gas revolution sweeps across Latin America, many governments are beginning to see the industry—and the significant influx of foreign investment—as a quick stimulus to their sluggish economies. Argentina is no exception—with an estimated 16.2 billion barrels of shale oil and 308 trillion cubic feet (TCF) of shale gas in the Vaca Muerta … Read more
Monday Memo: Marina Silva – Colombian Peace Talks – Mexican Energy – Julian Assange – Toxic Spill in Mexico
This week’s likely top stories: Marina Silva agrees to face Dilma Rousseff in Brazil’s presidential election; victims of Colombia’s armed conflict speak to peace negotiators; Mexico will announce new energy projects; Julian Assange plans to leave Ecuador’s embassy “soon”; classes in Mexico are suspended due to a copper mine’s toxic spill. Marina Silva agrees to … Read more
Monday Memo: Santos’ Cabinet – Venezuela-Colombia Border – Codelco – Argentine Ex-Captain Deported – Pemex Fire
This week’s likely top stories: President Juan Manuel Santos announces new ministers; Venezuela and Colombia crack down on smuggling; Codelco’s CEO has new plans for Chuquicamata Mine; Bolivia deports an Argentine accused of crimes against humanity; a fire at a Pemex refinery kills at least four people. President Santos to announce new Cabinet: Colombian President … Read more
Mexico’s Energy Reform: Lessons from Colombia and Brazil
In the early 2000s, Colombia’s oil industry was weakening. There had been a decrease in new discoveries, followed by a decline in production from a peak of 800,000 barrels per day (b/d) in 1999 to nearly 550,000 b/d in 2004. Exploration and production had moved to increasingly remote areas with higher security risks and risky … Read more
Monday Memo: USAID and Cuba – Mexican Energy – U.S. Immigration – Argentine peso – Bridge in Colombia
This week’s top stories: USAID is accused of running a secret program in Cuba; Mexican energy reform passes in the lower house; U.S. Republicans pass immigration bills before recess; the value of the Argentine peso drops over debt woes; a bridge in Montería, Colombia collapses. USAID and Cuba: In a statement this morning, the United … Read more