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.
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.
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Oil is the world’s most actively traded commodity, but forecasts vary as to whether it will start to wane in the decades to come. Understanding the changes that are sweeping through the oil industry and market today are key to understanding the outlook for economic growth, climate change, and geopolitical conflict.
A price cap on Russian crude oil in response to the country’s invasion and ongoing...
Oil is the world’s most actively traded commodity, but forecasts vary as to whether it will start to wane in the decades to come. Understanding the changes that are sweeping through the oil industry and market today are key to understanding the outlook for economic growth, climate change, and geopolitical conflict.
After months of debate and preparation, the United States and other members of the G7...
Oil is the world’s most actively traded commodity, but forecasts vary as to whether it will start to wane in the decades to come. Understanding the changes that are sweeping through the oil industry and market today are key to understanding the outlook for economic growth, climate change, and geopolitical conflict.
Oil is the world’s most actively traded commodity, but forecasts vary as to whether it will start to wane in the decades to come. Understanding the changes that are sweeping through the oil industry and market today are key to understanding the outlook for economic growth, climate change, and geopolitical conflict.