The oil glut and the unprecedented drop in demand, along with plummeting oil prices due to the coronavirus pandemic, is revealing the strengths and weaknesses of oil firms globally. The authors consider four NOCs — Ecopetrol, Petrobras, Petronas and Pemex — in the context of the current crisis.
If the country is to be economically successful and democratically viable, it would require learning from past mistakes and developing its significant potential in other economic sectors, writes energy policy fellow Francisco J. Monaldi. Forbes blog: http://bit.ly/2R80KU3.
The outlook for the Venezuelan oil industry and the broader economic and political challenges facing the country are intrinsically linked. This report summarizes possible political and economic scenarios, as well as potential next steps for the country, discussed during a workshop convened by Columbia University's Center on Global Energy Policy.
The economic and humanitarian crisis in Venezuela took a turn for the worse in the second half of 2017. Declines in oil production
and exports are accelerating. The government has fallen behind in debt payments, past the grace period in several cases. This report summarizes some key takeaways from an expert workshop convened by Columbia University’s Center on Global Energy Policy to appraise these alarming developments.
View fellow Francisco Monaldi's assessment of the road ahead for Venezuela, a country rich in oil and gas that President Nicolás Maduro has led into economic dysfunction and crisis. Monaldi's comments in English are followed by the interview in Spanish.
The high-growth, high-tech sector appears poised to dramatically grow. U.S. policy to support this sector could enhance and hasten its rise, or could destroy a new American dream.
China Studies fellow Steve Lewis offers an approach to increase and strengthen the number of “contact points” between the Trump administration and the future leadership of China.
To harness the power of the market for ideas, the federal government must fund the U.S. patent office to 21st century levels and enhance the rights of patent owners.
The federal government will need a nuanced approach to properly stimulate small business growth. However, a core
focus should be on creating a level playing field for community banks to compete to provide small business loans.
