January 23, 2023
•News
Recent events in Venezuela – from missed debt payments and calls for debt restructuring to the arrest of Citgo officials and the appointment of a general with no experience in the oil business as oil minister and head of state oil company PdVSA – signal an acceleration of the country’s crisis. Although President Nicolas Maduro consolidated his political power following the Constitutional Assembly election of July 31, the situation on the ground continues to spiral downwards. Accelerating oil production declines and recently-imposed US financial sanctions are muting the effect of recent oil price gains, even as the quality of Venezuelan crude exports becomes increasingly erratic. Meanwhile, the links between Caracas and Moscow appear to be deepening.
To discuss these momentous developments, CGEP organized a panel discussion featuring three experts on the country’s finances, economy, politics and oil industry:
The discussion was moderated by Antoine Halff, Senior Research Scholar and Director of Global Oil Markets at the Center on Global Energy Policy.
The U.S has used sanctions to influence geopolitics for decades, including measures targeting the oil…
This week host Bill Loveless talks with Timur Gül, head of the Energy Technology Policy Division at the International Energy Agency and leads the Energy Technology Perspectives report.
After years of political pressure, Democrats in Congress narrowly passed an historic climate bill at…
Clean electrons are vital to the net-zero economy. What about molecules? There is a global…
A major military engagement could occur in the Asia-Pacific region in the form of a possible conflict between the People’s Republic of China and Taiwan.
Russia’s invasion of Ukraine in February 2022 and the ensuing war have also spurred grave environmental and climate-related concerns.
In June 2022, the government of South Sudan acknowledged that Egypt had delivered equipment for resuming its long-dormant Jonglei Canal megaproject by dredging tributaries of the White Nile.