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.
After a series of dry wells were drilled in the Guyana-Suriname Basin from the 1960s through to the 1980s, offshore Guyana and Suriname were ignored…
Strife-torn Colombia was sharply impacted by the 2020 pandemic. The Andean nation’s economy contracted 7% while poverty, corruption, lawlessness and violence soared. Those events were…
After a swath of high-quality oil discoveries by an ExxonMobil-led consortium in offshore Guyana, which have identified at least 11 billion barrels of recoverable oil…
Leftwing Senator Gustavo Petro’s electoral victory, which he was inaugurated as Colombia’s 34th president, saw a wave of optimism sweep across the strife-torn country. The…
The severe energy crisis which emerged after Russian President Vladimir Putin’s decision to invade Ukraine is causing energy prices to soar. This couldn’t have come…
Colombia’s leftwing President Gustavo Petro’s plans to end contracting for hydrocarbon exploration have unnerved participants in the Andean country’s economically vital energy patch. That, coupled…
The offshore Guyana-Suriname Basin emerged in 2019 as one of the world’s most exciting drilling frontiers. While the U.S. Geological Survey estimated that the basin…
The oil-rich Latin American country of Ecuador finds itself yet again on the cusp of an economic crisis. Attempts to reform the disaster-prone economy and…
The impoverished tiny South American country of Guyana has emerged as one of the continent’s top oil producers and is poised to become a leading…
The controversial hydrocarbon technique hydraulic fracturing, known as fracking, which sparked the U.S. oil boom catapulting that country to become the largest petroleum producer…
Like countries across Latin America, Argentina was hit hard by the COVID-19 pandemic. Infection and death rates surged despite the government in Buenos Aires implementing…
After an electoral victory, which shocked many in and outside of Colombia, long-time senator and former leftist guerilla Gustavo Petro was inaugurated as Colombia’s President…
The former British colony of Guyana, a nation whose economy was hit hard by the pandemic, has emerged as the world’s hottest offshore drilling location.…
When President Joe Biden won the 2020 U.S. presidential election, a wave of optimism washed over Latin America. Many in the region saw Biden’s rhetoric…
A notable increase in lawlessness, corruption and violence, fueled by record cocaine production and heightened poverty, has marred the four-year term of outgoing Colombian President…
In a surprise development, Latin America’s third largest economy Argentina reported record hydrocarbon production for May 2022. For that month Argentina pumped an average of…
ExxonMobil’s slew of major oil discoveries in offshore Guyana since 2015 has seen the deeply impoverished former British colony become a hotspot for offshore drilling…
A lack of major oil discoveries and meager proven reserves of 2 billion barrels saw Colombia look to hydraulic fracturing as a means of securing…
Latin America’s largest economy Brazil is experiencing a massive offshore energy boom which has seen the country overtake Venezuela and Mexico in little over a…
Leftist candidate Senator Gustavo Petro emerged victorious from Colombia’s June presidential run-off as the strife-torn country’s president elect. On 7 August 2022 Petro will be…