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Energy Explained
Get the latest as our experts share their insights on global energy policy.
Assessing the Energy Impacts of the One Big Beautiful Bill Act
This special CGEP blog series, featuring six contributions from CGEP scholars, analyzes the potential impacts of the OBBBA across a range of sectors.
Blog
by Jack Andreasen Cavanaugh, Anne-Sophie Corbeau, Tom Moerenhout, Matt Bowen, Ashley Finan & Noah Kaufman • July 14, 2025
Podcasts
Hear in-depth conversations with the world’s top energy and climate leaders from government, business, academia, and civil society.
Climate Shocks Are Redefining Energy Security
Many parts of the US have experienced brutal, deadly heat in recent weeks—and there’s plenty of summer left. Intense rainfall, made more likely by warming, dropped more than...
Guest
Dr. Luisa Palacios
Senior Research Scholar, CGEP
Most of the pressure on oil companies to make more environmentally-conscious investments is targeted at companies like Shell and Exxon. But these companies produce only 15 percent of the world’s oil and gas supply.
The majority of oil production comes from nationally-owned oil companies, and the question of how they will respond to the clean energy transition is especially vital in Latin America where state-owned companies like PDVSA, PetroBras and Pemex dominate the region’s energy sector.
In this episode, host Jason Bordoff speaks with a leading expert on oil markets and the Environmental Social and Governance (ESG) agenda in Latin America — Dr. Luisa Palacios. She has special insight into this topic as a former board chair of the oil refiner Citgo, an energy firm owned by the Venezuala-based nationalized oil company, PDVSA.
Dr. Palacios is currently a Senior Research Scholar at CGEP and received a Masters degree at Columbia University. Previously, she was Medley Global Advisor’s Head of Latin America. She also worked at Barclays Capital as a Director in emerging markets research.
Dr. Palacios spoke with Jason about where Venezuela and other Latin American oil majors are headed in a moment of big market shifts. They also took a broader look at the future of oil and ESG practices in the Latin American Region.
More Episodes
Climate Shocks Are Redefining Energy Security
Many parts of the US have experienced brutal, deadly heat in recent weeks—and there’s plenty of summer left. Intense rainfall, made more likely by warming, dropped more than...
Is AI Friend or Foe to the Clean Energy Transition?
Artificial intelligence is transforming our world—and the energy sector. Earlier this year, the International Energy Agency (IEA) released a comprehensive report examining both AI’s projected energy demands and...
Peaks and Valleys in the Energy Transition
The global energy landscape is shifting right now. Geopolitical tensions in the Middle East, debates about peak oil demand, and waning support for climate action in some parts...
Navigating Israel-Iran Ceasefire Uncertainties
Just two days after President Trump deployed America’s military to attack Iranian nuclear development sites, a shaky ceasefire between Israel and Iran brokered by President Trump emerged. So...
Columbia Energy Exchange Podcast
with Richard Nephew
, Karen E. Young
and Daniel Sternoff
• June 25, 2025
Relevant
Publications
Oil and Gas Industry Takeaways from China’s ‘Two Sessions’
Earlier this month, China convened its “two sessions”—the annual concurrent meetings of the National People’s Congress (NPC), China’s legislature, and the Chinese People’s Political Consultative Congress, a political advisor body.
Q&A: Repercussions of Saudi Oil Decisions Amid Competing Trump and OPEC+ Priorities
During a speech at the World Economic Forum in Davos last month, President Donald Trump urged Saudi Arabia and OPEC to increase oil production to lower prices and exert economic pressure on Russia.
China’s Slowing Oil Demand Growth Is Likely to Persist and Could Impact Markets
China’s demand for oil, long an important driver of global oil demand growth, slowed dramatically during January–September 2024.
