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63 Results
Fuel Subsidy Reform Since Pittsburgh G20: A Lost Decade?
More than a decade after G20 representatives pledged to phase out fossil fuel subsidies, significant barriers to a full retraction remain. This paper examines the political and social rationale behind fossil fuel subsidies, the factors that make them so difficult to retract, and offers policy recommendations aimed at easing the path to subsidy reform.
Jim Krane, Francisco J. Monaldi October 7, 2020
Graph of stock market downturn with coronavirus superimposed
Four NOCs: Facing the Current Demand Destruction
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.
Benigna Cortés Leiss, Adrian Duhalt May 20, 2020
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