Oil-Exporting Colombia Says No to Oil Exploration
Colombia’s moves to roll back its oil exploration and production — prioritizing climate goals instead — are irrational, said fellow Francisco Monaldi. “As long as the demand is there it will be produced by Brazil or Venezuela or someone else.”
Global Reshuffle Presents 2023 Opportunities for Risk-Takers in Mexico’s Natural Gas Sector
Since Russia’s invasion of Ukraine, “the [LNG] opportunity today is clearly tremendous because of what we’re seeing in markets,” fellow Francisco Monaldi told NGI News. But “I think the potential that is there is not going to be fulfilled because of the risks.”
Venezuela's Oil Exports Slipped Despite Big Assist From Iran
Although Venezuela saw a decline in oil exports in 2022 due to infrastructure outages and more, exports are anticipated to rise this year. Fellow Francisco Monaldi tells Reuters that the crude oil output is set for an increase of at least 100,000 bpd.
What’s in Store for Latin America Natural Gas in 2023?
Based on trends seen from 2022, global energy markets have been transformed due to the Ukraine War. Fellow Francisco Monaldi joined NGI News to discuss foreseeable energy predictions for Latin America in the new year.
Billions in Oil Riches Vanish in Latin America as Pemex Stumbles
“This is a long-term horizon business, and Latin American politics is factional and short-sighted,” said Francisco Monaldi, director of the Latin American Energy Program at the Center for Energy Studies.