World Bank Archives - Editores LatinPetroleum

Venezuela eyes raising $12bn in financing over next 2 years

HOUSTON, TEXAS (By Pietro D. Pitts, Editores Latin Petroleum, 9.Oct.2026, Words: 103) — Venezuela could raise an estimated $12bn in financing over the next 2 years with its return to the […]

World Bank approves $300mn for Uruguay to improve competitiveness

BOGOTÁ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 14.Sep.2026, Words: 95) — The World Bank‘s executive board approved a $300mn loan for Uruguay. The loan will destined to finance reforms […]

Venezuelan GDP expected to rise 6.5% by YE:26, says Delcy Rodríguez

CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 25.Aug.2026, Words: 197) — Venezuela’s gross domestic product (GDP) is expected to rise 6.5% by the year-end 2026. This, according to Venezuela’s interim […]

World Bank officials visit Delcy Rodríguez in Caracas to talk about investments

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 15.May.2026, Words: 284) — This, as part of a new phase of dialogue geared towards attracting international investment. The high-level delegation from […]

EAI brief: IMF reveals new GDP estimates for 2025 and 2026

WASHINGTON, DC (By Editors at Energy Analytics Institute, 18.Oct.2025, Words: 74) — The International Monetary Fund (IMF) revealed world economic outlook growth projections for 2025 and 2026 for emerging markets […]

EAI brief: LatAm countries and economic growth in 2025/2026 [table]

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 28.Jul.2025, Words: 169) — Argentina, Brazil and Mexico, 3 of the largest economic powers in the Latin America and Caribbean (LAC) […]

IMF and “tenuous resilience amid persistent uncertainty” [pdf download]

WASHINGTON, DC (By IMF, 28.Jul.2025, Words: 292) — Global growth is projected at 3% for 2025 and 3.1% in 2026, the International Monetary Fund (IMF) said in its Jul. 2025 […]

World Bank Releases Report on Offshore Wind in Brazil

(World Bank, 17.Jul.2024) — The World Bank Group released a study on “Scenarios for Offshore Wind Development in Brazil” conducted by DNV, the global independent energy expert and assurance provider. This report […]

Ministerial Roundtable Sets Stage for Future Minerals Forum 2024

(Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia, 8.Jan.2024) — The Ministerial Roundtable, a pivotal precursor to the third edition of the Future Minerals Forum, is poised […]

Consortium to Develop a 1,500 MW Hydropower Project in Mozambique

(TotalEnergies, 13.Dec.2023) — The consortium of EDF (40%), TotalEnergies (30%) and Sumitomo Corporation (30%) announces that it has been selected as strategic partner by the government of Mozambique and entered […]

The World Bank: LAC Returns to Pre-Pandemic “Unsatisfactory Growth Rates”

(Energy Analytics Institute, 11.Apr.2022) — This week The World Bank published its 62-page semiannual report for Latin America and the Caribbean (April 2022) dubbed “Consolidating the Recovery: Seizing Green Growth […]

If Biden Wants to Lower Gas Prices, he Should Talk to Guyana | Opinion

(Miami Herald, 23.Mar.2022) — President Biden recently sent a team of senior U.S. officials to Caracas for talks with Venezuelan dictator Nicolás Maduro about a possible oil deal to help […]

World Bank: Global Growth to Slow Through 2023

(World Bank, 11.Jan.2022) — Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, […]

IMF Approves Extended Arrangement for Suriname

(IMF, 22.Dec.2021) — The Executive Board of the International Monetary Fund (IMF) approved a 36-month arrangement under the Extended Fund Facility (EFF) for Suriname in an amount equivalent to SDR472.8mn […]

Colombia Not Liable To Pay $736 Mln To Miner Eco Oro – Gov’t

(Reuters, 10.Sep.2021) — Colombia’s government said on Friday a World Bank tribunal has ruled it is currently not liable to pay $736 million in damages to Eco Oro Minerals Corp […]

Venezuela Economy To Shrink 25% In 2020: IMF

(Energy Analytics Institute, 13.Oct.2020) — Venezuela, home to the world’s largest oil reserves and sizable natural gas and mineral deposits, is expected to be the worst performing economy in the […]

Metor Pauses Venezuela Methanol Output

(Argus, 31.Jul.2020) — Mitsubishi-operated Metanol de Oriente (Metor) in eastern Venezuela has suspended methanol production as a health precaution. The 750,000 t/yr Metor 1 plant will close from today through […]

Global Gas Flaring At Levels Not Seen Since 2009

(World Bank, 21.Jul.2020) — Estimates from satellite data show global gas flaring increased to levels not seen in more than a decade, to 150 billion cubic meters (bcm), equivalent to […]

As Guyana Elections Remain Up In The Air

(News America, 8.Mar.2020) — As tension continues in Guyana one week after its general elections and a top court upheld an injunction blocking the elections commission from proclaiming a winner […]

IFC And FRV Secure Financing For Potrero Solar

(IFC, 18.Sep.2019) — The International Finance Corporation (IFC), member of the World Bank Group, and Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy and a leading global developer […]

How Private Investment Powers Argentina’s Renewable Revolution

Argentina Signs $250 Mln Guarantee Deal For RenovAr Projects

World Bank Partners With Guyana For New Oil Sector

(Guyana Department of Public Information, 12.Nov.2018) — Prime Minister Hon. Moses V. Nagamootoo held discussions with a high-level, five-member team from the World Bank, which is visiting Guyana at the […]

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 […]

Cure for Venezuela’s Mercantilism, Rentism Disease

(EnergyNomics, Carlos A Rossi, 18.Aug.2018) – Are natural resource endowed countries victims of their own wealth? Is there a richness threshold beyond which the institutions designed to protect a country’s […]

Venezuela’s Citgo Refineries At Risk Of Seizure

(Forbes, Robert Rapie, 12.Aug.2018) – In 2007, following Venezuela’s expropriation of billions of dollars of assets from U.S. companies like ExxonMobil and ConocoPhillips, I suggested a potential remedy. Since Venezuela’s […]

World Bank Says Oil To Average $65 in 2019

(Energy Analytics Institute, Jared Yamin, 12.Aug2018) – The World Bank expects the price of oil to average $65 per barrel in 2019. “Oil prices are expected to average $65 per […]

World Bank Sees $65/bbl Oil for 2019

(Energy Analytics Institute, Ian Silverman, 3.July.2018) – The price of crude oil is forecast to approach around $65/barrel in 2019 by the organization. However, the oil price levels next year […]

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 solution is solar power. This […]

Vaca Muerta Megaproject – A Fracking Carbon Bomb In Patagonia

(Observatorio Petrolero Sur, 5.Feb.2018) — Vaca Muerta is a leading case for the next generation of fossil fuels. Big Oil and Gas companies are keen to turn it into a […]