Trump Hits Wall With Bid To Place Ally At LatAm Bank

(Bloomberg, 7.Aug.2020) — Mexico called for delaying the election of a new chief for a key Latin American development bank amid controversy caused by U.S. President Donald Trump’s push to have a close ally at the helm of the institution. Mexico’s finance ministry announced Friday its support for a postponement […]

Bolivia’s Oil Revenue To Reach $2.2 Billion

(Xinhua, 14.Oct.2018) — Bolivia’s oil revenue this year is estimated to reach 2.2 billion U.S. dollars as it “will be able to fulfill” contracts with its southern American partners, Minister of Hydrocarbons and Energy Luis Alberto Sanchez said Saturday. “The income to the country is guaranteed,” Sanchez said. “We should […]

Ecopetrol Names New Corporate VP of Finance

(Ecopetrol, 8.Aug.2018) – Ecopetrol S.A. announced appointment of Jaime Caballero Uribe as the new Corporate Vice President of Finance (Chief Financial Officer). The appointment is effective as of August 7, 2018. Mr. Caballero has more than 20 years of experience with companies in the oil and gas sector, both in […]

ECLAC Ssays Venezuela’s Economic Activity to Fall 8.5% in 2018

(Energy Analytics Institute, Aaron Simonsky, 1.May.2018) – The United Nations Economic Commission for Latin America and the Caribbean, also known as ECLAC or CEPAL by its Spanish acronym, projects economic activity in troubled Venezuela will contract 8.5% in 2018. Gross domestic product or (GDP) estimates for other important countries and […]

Mexico’s Gasoline Price Lowest in LAC Region

(Energy Analytics Institute, Fidencio Casillas, 16.Jan.2017) – The average gasoline price in Mexico, the largest Spanish speaking country in the Americas, is still the lowest amongst select countries in the Latin American and Caribbean (LAC) region. Mexico’s average gasoline price of 15.9 Mexican pesos per liter remains the lowest among […]