María Corina Machado’s Opposition in Exile
The opposition leader hoped to take over Venezuela after the abduction of Nicolás Maduroâbut first she needed to secure support from the Trump Administration. Stephania Taladrid reports.
Past Event
April 21, 2021
10:00 am - 11:30 am utc
Latin America’s state-owned oil and gas sector is facing unprecedented challenges caused by the economic impact of the COVID-19 pandemic, the resulting collapse in commodity prices and crude oil demand, as well as related financial and political pressures. These conditions, in addition to persistent administrative challenges and long-term debt liabilities, have caused Petróleos de Venezuela (PDVSA) production to drop to the lowest levels per citizen since the 1920s in Venezuela, which has the world’s largest proven crude reserves. Political upheaval has also impacted Petroecuador, Pemex, and YPF, although the latter has announced plans to invest $1.5 billion to ramp up the output of shale gas field Vaca Muerta.
The latest decision by President Jair Bolsonaro to replace Petrobras CEO Roberto Castello Branco with a former army general with little experience in the oil industry harkens back to Brazil’s history of political meddling in fuel pricing. Colombia’s Ecopetrol stands out as a bright spot in the region. Among the reforms enacted over the last decade was the listing of 11% of the company’s shares, which provided an infusion of capital that helped the company enlist better managers. To boost reserves, it has teamed up with international oil majors to invest in fracking and in upstream activities in other countries.
Columbia University’s Center on Global Energy Policy together with the Columbia Global Centers hosted a panel of exceptional policy experts to analyze the different economic, political, and social dynamics at play in the main oil and gas producing countries in Latin America.
Moderator:
Panelists:
Panelists
This event will take place in-person in Washington DC, at the Rayburn House Office Building, Room 2168 (Gold Room). Advance registration is required. Announcing New Columbia University Publications...
More than a month into the Iran conflict, the United States and Iran are at a critical inflection point.
This roundtable is open only to currently enrolled Columbia University students. To register, you must sign in with your UNI. Join the Center on Global Energy Policy’s Women...
This roundtable is open only to currently enrolled Columbia University students. To register, you must sign in with your UNI. The Center on Global Energy Policy (CGEP) at...
CHRONIQUE. Les Etats-Unis vont bientôt contrôler environ un tiers des capacités mondiales de GNL, bien plus que le Qatar. Sous l’administration Trump, le GNL est devenu un outil de politique étrangère, écrit Anne-Sophie Corbeau, chercheuse au Center on Global Energy Policy de l’Université Columbia