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462 Results
A map focused on Venezuela.
Apocalypse Now: Venezuela, Oil and Reconstruction
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.
Francisco J. Monaldi February 28, 2018
A stack of oil drums.
Code Red: Venezuela's Oil and Debt Crises
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.
Francisco J. Monaldi February 28, 2018
A map focused on Venezuela.
Venezuela's Oil Mythologies Have Hindered Its Development
Cultural myths — and by extension, the suppositions they inspire — have played a major role in shaping Venezuela's relationship with and management of oil resources throughout much of the last 100 years, writes nonresident fellow Luis Pacheco. To achieve sustainable economic and social development, Venezuela must move beyond such beliefs and establish a new approach that is more attuned to current times.
Luis A. Pacheco February 5, 2018
A ship carries cargo for trade.
Anti-Qatar Embargo Grinds Toward Strategic Failure
The list of 13 demands presented in June 2017 by Bahrain, Egypt, Saudi Arabia and the United Arab Emirates suggests a supremely ambitious set of goals behind their embargo of Qatar, including “red lines” that touch directly upon Qatari sovereignty and that Doha will almost certainly reject. The stage is thus set for a contest of endurance, one that with every passing month looks more likely to result in favor of Qatar, writes fellow Gabriel Collins in this brief.
Gabriel Collins January 22, 2018
A gavel rests in front of the Mexican flag.
State-building, the Modernization of the Legal System, and Institutional Effectiveness in Mexico: Notes on the 2013–2014 Energy Reform
Nobody can ensure that the economic gamble underlying the 2013–2014 energy reform will achieve the desired or expected success. However, the author presents evidence demonstrating that Mexico has gradually been building the institutions that will be able to perform governmental operations with reasonable effectiveness.
Héctor Fix-Fierro November 14, 2017
Chinese oil production
A Growing Portion of China’s “Oil Products” Demand Growth Does Not Actually Come From Crude Oil
As China’s demand for light oil products continues to drive incremental consumption growth, it is becoming apparent that commodities framed as “oil products” are increasingly not actually made from crude oil. Fellow Gabriel Collins explores the possible ramifications of this situation in this issue brief. He writes that oil producers — whether in Riyadh, Moscow or the Permian Basin — should take stock of how China’s growing use of “oil products” that do not actually come from crude oil may translate into effective reductions in demand and prices for the crude oil they produce.
Gabriel Collins September 20, 2017