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The Numbers Behind A EU Ban On Russian Crude

The Numbers Behind A EU Ban On Russian Crude

The political will to fully…

Geopolitics / South America

How Easing Sanctions On Venezuela Could Backfire

Mar 25, 2022 at 14:16 | Matthew Smith

Russia’s invasion of the former Soviet Republic Ukraine, Europe’s second-largest country, triggered a watershed moment for President Joe Biden and his administration. It…

Why Easing Sanctions Against Venezuela Would Be A Bad Move For The U.S.

Mar 08, 2022 at 13:44 | Matthew Smith

President Vladimir Putin’s invasion of Europe’s second-largest country Ukraine highlights the threat posed by rising authoritarianism in a post-pandemic world afflicted by supply…

Latin American Oil Giants Struggle With Fuel Costs, Debt, And Pipeline Explosion

Jan 14, 2022 at 11:56 | Latin America Energy Advisor

Petrobras Raises Fuel Prices for Consumers Brazilian motorists are soon likely to pay more at the pump after the country’s state-run oil company, Petrobras, raised gasoline and diesel…

Latin America’s Populist Wave Is Weighing On Oil Producers

Jan 04, 2022 at 12:28 | Matthew Smith

In the wake of the COVID-19 pandemic, populist leftism is again sweeping across Latin America. In August 2021 former school teacher and leftwing politician Pedro Castillo won Peru’s…

America's 'Maximum Pressure' Policy On Venezuela Has Failed

Dec 08, 2021 at 13:58 | Matthew Smith

Two decades of malfeasance and corruption coupled with sharply weaker crude oil prices and ever stricter U.S. sanctions have precipitated the worst modern economic collapse outside of war…

Colombia’s Oil Industry Faces Major Uncertainty

Aug 13, 2021 at 11:36 | Matthew Smith

Post-FARC peace treaty violence is at an all-time high with 2021 on track to be the most violent year in Colombia in a decade. Massacres and violent crimes,…

A New Civil War Would Decimate Colombia's Oil Industry

Aug 03, 2021 at 16:35 | Matthew Smith

The strife-torn South American nation of Colombia was rocked by anti-government protests which commenced in late April 2021 and lasted for roughly two months.

Venezuela’s Descent Into Anarchy Is Fueling Maduro’s Desperation

Jun 24, 2021 at 14:29 | Matthew Smith

Venezuela’s Descent Into Anarchy Is Fueling Maduro’s DesperationDescription: Tags:  After more than 15 years of U.S. sanctions which caused Venezuela’s one mighty petroleum industry…

Colombia’s Oil Industry Is Desperate For Protests To End

May 20, 2021 at 11:54 | Felicity Bradstock

Protests across Colombia, which have been raging for almost a month now, are hurting the oil and gas industry as producers are forced to shut in wells because…

Explosion Of Violence Is A Major Threat To Colombia's Oil Industry

May 04, 2021 at 12:11 | Matthew Smith

Once again, for the third time in less than two years, Colombia is saturated by protests sparked by President Ivan Duque’s proposed tax reforms which are aimed at…

Why Biden Needs To Change His Tune On Venezuela

Mar 10, 2021 at 13:05 | Matthew Smith

Since the U.S. presidential election started in earnest toward the end of 2020 there has been considerable speculation regarding President Biden’s plans for crisis-torn Venezuela. President Biden has…

Is Biden Preparing To Ease Restrictions On Venezuelan Oil?

Feb 15, 2021 at 16:57 | Matthew Smith

In a surprise move, President Biden has withdrawn U.S. support for a Saudi-led military campaign against Houthi rebels in war-torn Yemen, describing the…

How U.S. Sanctions Against Venezuela Backfired

Feb 05, 2021 at 18:09 | Matthew Smith

Harsh U.S. sanctions, a crumbling economy, and near collapsed petroleum industry have done little, if anything, to loosen President Maduro’s grip on power in Venezuela. It appears that…

Venezuela’s Crisis: A Cautionary Tale For Oil Nations

Dec 17, 2020 at 12:50 | Matthew Smith

The story of Venezuela’s rise to wealth and its now near collapse is a cautionary tale for countries rich in natural resources. The 1914 discovery of crude oil…

Why Biden’s Approach To Venezuela Is So Important For Oil Markets

Nov 18, 2020 at 15:11 | Matthew Smith

In a hard-fought campaign Democrat Joe Biden won the November 2020 U.S. presidential race beating incumbent Donald Trump. There were considerable fears in the run-up to the election…

Crisis Stricken Venezuela Faces Mounting Pressure From The U.S.

Apr 06, 2020 at 13:29 | Tsvetana Paraskova

Over the past weeks, the Trump Administration has tightened the noose around Nicolas Maduro’s regime, increasing pressure on the country sitting on top of the world’s largest oil…

U.S. In Secret Talks With Maduro’s Socialist Party Leader

Aug 19, 2019 at 11:55 | Tsvetana Paraskova

The United States has started secret preliminary talks via intermediaries with Diosdado Cabello, the leader of Venezuela’s Socialist party and the man considered the most powerful in the…

Oil Soars On Venezuela Coup Attempt

Apr 30, 2019 at 17:33 | Nick Cunningham

Venezuela’s opposition leader, along with some factions of the military, have staged an attempted coup to overthrow President Nicolas Maduro. Standing alongside soldiers at a military base, opposition leader and…

Russian Troops Land In Oil-Rich Venezuela

Mar 25, 2019 at 10:24 | Irina Slav

Two Russian planes with 100 troops landed in Venezuela this weekend, Reuters reports, citing media reports and flight tracking websites. The move is the latest signal of strengthening ties…

Blackout Shuts Down Venezuela’s Oil Exports

Mar 11, 2019 at 16:39 | Nick Cunningham

Venezuela suffered a sweeping blackout last week, which threatens to cut off oil exports from the country. U.S. sanctions have already severely impacted oil operations, leaving cargoes stranded off the…

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