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Matthew Smith

Contributor since: 09 Feb 2018

Matthew Smith

Matthew Smith is Oilprice.com's Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located in Latin America. Matthew writes on oil and gas, mining and infrastructure.

Latest articles from Matthew

  • Is This The Beginning Of The End For Ecuador's Oil Industry?

    Published 16 February 2021 | viewed 8,035 times

    Major energy companies are becoming increasingly sensitive to drilling in high-risk environments such as the Arctic, Barents Sea and the Amazon Basin. A combination of…

  • Is Biden Preparing To Ease Restrictions On Venezuelan Oil?

    Published 15 February 2021 | viewed 6,004 times

    In a surprise move, President Biden has withdrawn U.S. support for a Saudi-led military campaign against Houthi rebels in war-torn Yemen, describing the country’s bitter…

  • Argentina Narrowly Avoids Another Oil Industry Crisis

    Published 11 February 2021 | viewed 5,594 times

    Crisis-torn Argentina has managed to avert another disaster in its economically crucial hydrocarbon sector. Many institutional investors are unhappy with Buenos Aires’ sovereign debt restructuring…

  • The Oil Price Slump Crippled Colombia’s Economic Recovery

    Published 10 February 2021 | viewed 4,532 times

    Colombia is not a country usually associated with crude oil. Low proven petroleum reserves and falling production see Colombia rank well behind many of the…

  • Can Exxon Bounce Back From A Disasterous 2020?

    Published 09 February 2021 | viewed 9,764 times

    Globally integrated energy supermajor ExxonMobil was severely mauled during 2020. The company reported a massive 2020 full-year loss of $22 billion, its worst performance in…

  • How U.S. Sanctions Against Venezuela Backfired

    Published 07 February 2021 | viewed 25,926 times

    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.…

  • Will Saudi Arabia’s Surprise Production Cut Backfire?

    Published 02 February 2021 | viewed 5,248 times

    Global energy markets and industry insiders believe that it was a good idea for Saudi Arabia to slash oil production by one million barrels daily…

  • The Guyana-Suriname Basin Could Be The Last Big Oil Boom

    Published 01 February 2021 | viewed 28,796 times

    The tiny South American countries of Guyana and Suriname are the focus of Latin America’s latest oil boom. A slew of oil discoveries by ExxonMobil…

  • What Will The Death Of Keystone XL Mean For Canada?

    Published 30 January 2021 | viewed 16,487 times

    President Biden’s decision to ax the controversial Keystone XL pipeline, which had been approved by his predecessor, is a tremendous blow for Canada’s energy sector…

  • Is Maduro Trying To Steal Guyana’s Oil Riches?

    Published 27 January 2021 | viewed 6,516 times

    For roughly two decades since Hugo Chavez won the Venezuelan presidency and commenced his socialist Bolivarian revolution, the country, which was once Latin America’s largest…

  • Is Brazil A Threat To OPEC?

    Published 27 January 2021 | viewed 4,788 times

    As far back as the early 1980s, Brazil’s national oil company Petrobras as well as the government were aware of the vast untapped oil wealth…

  • Chevron Could Be Key To Rebuilding Venezuela’s Oil Industry

    Published 26 January 2021 | viewed 9,883 times

    Despite outside assistance from Russia, China and Iran, the embattled socialist regime of President Maduro has proven incapable of rebuilding Venezuela’s once-mighty petroleum industry. According…

  • Will Argentina’s Vaca Muerta Shale Play Ever Recover?

    Published 21 January 2021 | viewed 4,962 times

    Last year was tough for the global oil industry as the COVID-19 pandemic and an ongoing oil supply glut rocked petroleum-dependent emerging economies, notably in…

  • Angola Looks To Replicate Brazil’s Offshore Oil Boom

    Published 19 January 2021 | viewed 6,174 times

    The sub-Saharan country of Angola is not one which readily springs to mind when thinking about oil producing nations. The deeply impoverished former Portuguese colony,…

  • U.S. Shale Is Gaining Influence Over Oil Markets

    Published 17 January 2021 | viewed 27,651 times

    OPEC was formed in 1960 by founding members Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. For a brief period, the petroleum cartel became the dominant…

  • The Hottest Oil Basin In The World

    Published 14 January 2021 | viewed 12,061 times

    What is fast becoming the world’s hottest offshore oil play, the Guyana-Suriname Basin, has entered the headlines once again. Hot on the heels of ExxonMobil…

  • Why Petrobras Is One Of 2021’s Most Exciting Oil Companies

    Published 12 January 2021 | viewed 6,257 times

    Sharply weaker oil prices and the global COIVD-19 pandemic had little material impact on Brazil’s massive offshore oil boom. Even the fact that the oil…

  • How Will Biden’s Presidency Impact South America’s Oil Boom?

    Published 10 January 2021 | viewed 9,036 times

    Much has been made of President-elect Joe Biden’s energy policies and the negative impact they will have on the U.S. oil industry, which is laboring…

  • Exxon’s Mega Oil Finds In Guyana Are Just The Beginning

    Published 10 January 2021 | viewed 61,917 times

    Like many global oil majors ExxonMobil is under considerable pressure because of the significant fallout from the COVID-19 pandemic, sharply weaker oil prices and the…

  • U.S. Foreign Policy Is Fueling Iran’s Interest In Venezuela

    Published 09 January 2021 | viewed 6,809 times

    After the Second World War crude oil and control of its production became an important driver of global geopolitics. Crude oil became an essential component…

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