• 3 minutes e-car sales collapse
  • 7 minutes Energy Armageddon
  • 11 minutes Russia Says Europe Will Struggle To Replace Its Oil Products
  • 15 hours America Is Exceptional in Its Political Divide
  • 3 days Cummins showcases 15L fuel-agnostic engine platform; hydrogen, diesel, biogas 16 March 2023
  • 10 days Gazprom and Rosneft super result
  • 4 days *****5 STARS - "The Markets are Rigged" by The Corbett Report

Breaking News:

Time To Buy The Oil Dip: Goldman Sachs

Matthew Smith

Contributor since: 09 Feb 2018

Matthew Smith

Matthew Smith is Oilprice.com's Latin-America correspondent. Matthew is a veteran investor and investment management professional. He obtained a Master of Law degree and is currently located in Latin America. Matthew writes on oil and gas, mining and infrastructure.

Latest articles from Matthew

  • Everything You Need To Know About The Guyana-Venezuela Border Dispute

    Published 27 March 2023 | viewed 17,622 times

    ExxonMobil’s swathe of world-class oil discoveries in offshore Guyana, estimated to contain over 11 billion barrels of oil, has captured the world’s attention. This includes…

  • President Petro Can’t Afford To Ban Oil Exploration In Colombia

    Published 18 March 2023 | viewed 5,035 times

    A contentious move by Colombia’s first leftist President Gustavo Petro to end hydrocarbon exploration in the strife-torn Latin American country has exposed one of the domestic oil…

  • Will Brazil’s Oil Production Growth Stall Under Lula?

    Published 10 March 2023 | viewed 2,595 times

    Leftist Lula de Silva’s victory in Brazil’s controversial October 2022 presidential election provoked apprehension that many of the investor-friendly oil industry reforms undertaken by previous…

  • Social Unrest Threatens Oil Operations In Colombia

    Published 08 March 2023 | viewed 2,020 times

    Colombia’s petroleum industry, after decades of rapid growth which saw it become a key driver of the Andean country’s economic miracle, is facing serious headwinds since former…

  • Natural Gas Shortages In Colombia: Is An Energy Crisis Imminent?

    Published 03 March 2023 | viewed 5,523 times

    The strife-torn Latin American nation of Colombia is facing considerable uncertainty after the first leftist president in the country’s modern history Gustavo Petro embarked upon…

  • Ecuador’s Oil Industry Is In Deep Crisis

    Published 02 March 2023 | viewed 2,330 times

    The last decade has been difficult for Ecuador’s economically crucial oil industry. Despite recent reforms and rising investment, the Andean country’s hydrocarbon sector is struggling…

  • Suriname's Oil Boom May Not Materialize Until 2027

    Published 24 February 2023 | viewed 6,544 times

    By late 2022 there were considerable concerns and doubts surrounding Suriname’s burgeoning offshore oil boom. Conflicting drilling results and seismic data saw 50% partners in Block 58…

  • Colombia’s Risky Plan To Import Gas From Venezuela

    Published 23 February 2023 | viewed 3,855 times

    Leftist Colombian President Gustavo Petro’s controversial plan to end hydrocarbon exploration sparked fears it will roil the oil dependent economy and endanger the strife-torn country’s energy security.…

  • Guyana’s Oil Potential Could Be Even Greater Than Anticipated

    Published 14 February 2023 | viewed 13,569 times

    Offshore Guyana is garnering considerable attention from international oil companies as a slew of oil discoveries since 2015 underscore the significant oil potential of the…

  • Colombia’s OIl Exploration Ban Could Crush Its Economy

    Published 07 February 2023 | viewed 7,321 times

    The future of Colombia’s battered oil industry is once again in doubt. The plans of the strife-torn country’s first leftwing President Gustavo Petro, who was…

  • Guyana’s Oil Industry Is In For A Stellar Year

    Published 24 January 2023 | viewed 7,798 times

    ExxonMobil made its first world-class oil discovery in Guyana’s territorial waters in 2015. Since then, the energy supermajor has made over 30 high-quality oil discoveries…

  • Suriname’s Oil Boom Hits A $10 Billion Snag

    Published 20 January 2023 | viewed 40,209 times

    A series of high-quality oil discoveries in Block 58 offshore Suriname combined with investment bank Morgan Stanley estimating that the block contains 6.5 billion barrels…

  • Venezuela’s Vast Oil Wealth Could Become The World’s Largest Stranded Asset

    Published 17 January 2023 | viewed 10,074 times

    President Joe Biden’s decision to authorize U.S. supermajor Chevron to recommence lifting crude oil in Venezuela breathed hope into President Nicolas Maduro’s plans to rebuild…

  • Venezuela’s Dilapidated Oil Industry Is An Environmental Catastrophe

    Published 11 January 2023 | viewed 7,781 times

    The collapse of Venezuela’s once prolific oil industry has triggered an economic and humanitarian crisis that accelerated in 2019 after U.S. President Donald Trump implemented…

  • Chevron’s Authorization To Extract Oil Will Not Boost Venezuela’s Production

    Published 07 January 2023 | viewed 9,127 times

    After Russia’s president Vladimir Putin launched the invasion of Ukraine, the U.S. along with many of Washington’s allies banned imports of Russian crude oil. This…

  • Colombia’s Oil Industry Is An Environmental Disaster

    Published 05 January 2023 | viewed 4,257 times

      For decades, the petroleum industry in South America has been dogged by one environmental catastrophe after another. Oil spills, flaring and other environmentally damaging…

  • The Dirty War For Colombia’s Oil

    Published 03 January 2023 | viewed 3,200 times

          The Latin American country of Colombia is synonymous with violence, drug cartels and cocaine trafficking after decades of bloody multiparty low level…

  • Guyana’s Oil Boom Will Only Accelerate In 2023

    Published 31 December 2022 | viewed 16,633 times

    Guyana’s offshore oil boom continues to gain momentum. It is the ExxonMobil-led consortium operating the 6.6-million-acre Stabroek Block offshore Guyana which stands to benefit the…

  • Peru’s Oil Industry Is An Environmental Disaster

    Published 30 December 2022 | viewed 5,412 times

    As an intense political crisis engulfs Peru, the country’s beleaguered oil industry continues to suffer from conflict with local communities. For nearly three decades a…

  • Suriname’s Oil Boom Is Far From Guaranteed

    Published 29 December 2022 | viewed 9,384 times

    After a swathe of oil discoveries in offshore Suriname, primarily in Block 58, since the start of January 2020 there was considerable speculation that the…

Oilprice - The No. 1 Source for Oil & Energy News