(Bloomberg, Mac Margolis, 5.Nov.2019) — Early last month, Guyanese President David Granger was knees-down in a community garden brandishing a spade. Granger was there to plant […]
Tag: IMF
SOTE Operations Reduced To 30% Of Capacity
(Energy Analytics Institute, Piero Stewart, 9.Oct.2019) — Operations at the SOTE have been affected during protests in Ecuador and resultantly operations have been reduced to […]
Amazon Watch On Ecuador Strike
(Amazon Watch, 8.Oct.2019) — In response to economic austerity measures announced by Ecuadorian president Lenin Moreno on October 1, Ecuador’s National Indigenous Movement, represented by […]
IMF Provides Update On Ecuador
(IMF, 2.Oct.2019) — The reforms announced yesterday by President Lenin Moreno aim to improve the resilience and sustainability of Ecuador’s economy and foster strong, and […]
Guyana Key Elections To Come Ahead Of First Oil
(Argus, 26.Sep.2019) ) — Guyana will hold parliamentary elections on 2 March 2020, around the time that ExxonMobil plans to launch offshore oil production that […]
Argentina’s Economic Crisis Threatens To Stall Vaca Muerta
(Petroleum Economist, Charles Waine, 14.May.2019) — Argentina’s hope of fast-tracking production from its vast Vaca Muerta shale play, the world’s second largest by output, could […]
Argentine Leader Sees Tough Road Ahead
(AP, 5.Dec.2018) — Argentina’s president is celebrating the successful hosting of the Group of 20 summit, but he said Monday that he is ready for […]
Venezuela Set To Share Economic Data With IMF
(OilPrice.com, Tsvetana Paraskova, 15.Nov.2018) — OPEC’s member Venezuela—which is sitting on the world’s largest crude oil reserves but which is suffering the worst loss of […]
Pampa Energia Curbs Polystyrene, Styrene Butadiene Rubber Output On Demand
(S&P Global Platts, Bernardo Fallas, 13.Nov.2018) — Argentina-based energy company Pampa Energia is cutting polystyrene and styrene butadiene rubber production amid lackluster demand in Argentina […]
Mexico Should Fix Pemex Finances Before New Refining Investments: IMF
(Reuters, 8.Nov.2018) — The International Monetary Fund (IMF) on Thursday called for an improvement in Mexican state oil company Pemex’s financial position before it invests […]
Bolivia’s Economic Growth Expected to Exceed 4.5%: IMF
(Energy Analytics Institute, Aaron Simonsky, 3.Oct.2018) — Details of the International Monetary Fund (IMF) estimates were reported by the daily newspaper La Razón, citing a […]
Venezuela Petrol Prices Need to Rise to Stop Smuggling
(Reuters, Deisy Buitrago and Brian Ellsworth, 14.Aug.2018) – Venezuela’s heavily subsidised domestic gasoline prices should rise to international levels to avoid billions of dollars in […]
Venezuela Inflation to Hit 1 Mln Percent. Thanks, Socialism.
(Washington Post, Megan McArdle, 27.Jul.2018) – According to the International Monetary Fund, by the end of the year, the annual inflation rate in Venezuela will […]
Hiking Gasoline Won’t Fix Venezuela’s Fiscal Problem
(Energy Analytics Institute, Piero Stewart, 27.Jul.2018) – Hiking the price of gasoline in Venezuela won’t fix the OPEC country’s fiscal problem. That’s according to recent […]
Venezuela’s Inflation to Reach 1 Million Percent
(Bloomberg, Andrew Rosati, 23.Jul.2018) – Venezuela’s inflation will skyrocket to 1 million percent by the end of the year as the government continues to print […]
Venezuela Facing ‘Economic Collapse’, IMF Warns
(AFP, 18.Jul.2018) – Venezuela is in a state of “economic collapse” with hyperinflation not seen since the middle of the last century, the International Monetary […]
Why Is Venezuela Still Sending Subsidized Oil To Cuba?
(OilPrice.com, Haley Zaremba, 17.Jul.2018) – In the past, oil has accounted for 96 percent of Venezuela’s exports and over 40 percent of government revenues. Now, […]
PetroCaribe Fund to Flow into Government Coffers
(Jamaica Gleaner, 11.Jul.2018) – In a matter of months, the US$1.6 billion, or more than J$208 billion, now in the PetroCaribe Development Fund (PDF) is […]
Oil Price Weighs on Barbados’ Inflation
(Trinidad Express, Aleem Khan, 4.Jul.2019) – High oil prices on their own appear to be good neither for Trinidad and Tobago nor Barbados, according to […]
Argentina to Free Retail Fuel Prices
(Reuters, Luc Cohen, 1.Jul.2018) – Argentina will allow fuel retailers to freely set pump prices starting in August, according to an Energy Ministry official familiar […]
Guyana Potential Game Changer for Petrotrin
(Trinidad and Tobago Newsday, Julien Neaves, 27.Jun.2018) – Guyana and its eight oil finds can be a game changer for state-owned Petrotrin and TT, says […]
IMF Approves New $11.5 Bln Colombia Credit
(Energy Analytics Institute, Jared Yamin, 25.May.2018) – The International Monetary Fund (IMF) approved a new two-year flexible credit line with Colombia for nearly $11.4 billion. The […]
Solar Power Lights Up Rural Bolivia
(World Bank, 11.May.2018) – How do you turn on a light at night when you’ve left the power grid far, far behind? In Bolivia, the […]
Favorable Terms To Help Guyana Prove Potential
(Rystad, 19.Apr.2018) — Rystad Energy analysis shows that Guyana’s fiscal regime is favorable to oil companies when compared to mature oil and gas development countries […]
