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.
The tiny impoverished South American nation of Ecuador is battling to revive its flagging oil industry. The Andean country was floated as a solution for…
The U.S., UK, and European Union's ban on Russian oil imports sparked by President Vladimir Putin’s invasion of Ukraine has sent global energy prices soaring.…
Global energy supermajor ExxonMobil and its partners Hess and CNOOC have made an astonishing number of high-quality oil discoveries in offshore Guyana. In April 2022…
The outlook for Colombia’s oil industry has never been more uncertain. Not only is rising violence, fueled by poverty and cocaine production, weighing on operations…
The Guyana-Suriname Basin has emerged as the world’s hottest offshore oil play and with the changes occurring to the global energy mix after Russia’s invasion…
The COVID-19 pandemic hit Latin America particularly hard. Some countries in the region, aside from experiencing high mortality rates and case counts, saw their fiscally…
Soaring energy prices, triggered by Russia’s invasion of Ukraine and diminished global production, have brought the focus back onto Venezuela, an OPEC member who was…
Extreme socioeconomic inequality, weak central governments, organized crime, and the vast profits generated by cocaine have inflamed geopolitical instability in Latin America for decades. That…
South America’s latest oil-producing nation, the former British colony of Guyana, is continuing to lay the groundwork for its oil boom. In 2015, global energy…
The controversial crude oil extraction technique hydraulic fracturing, known as fracking, has long been touted as a solution to Colombia’s rapidly dwindling petroleum reserves. The…
Since President Joe Biden floated the idea of banning oil imports from Russia in response to President Vladimir Putin’s invasion of Ukraine there has been…
The strife-torn Latin American nation of Colombia punches well above its weight when it comes to petroleum production. The Andean country is the region’s third-largest…
Colombia’s economically crucial petroleum industry, which has been under pressure for some time from a combination of weaker oil prices and low proven reserves, is…
For over a decade the deeply impoverished and mountainous South American nation of Ecuador has battled to revive its flagging oil industry. Washington’s decision to…
The deeply impoverished South American microstate of Guyana, which was rocked by the COVID-19 pandemic, finds itself at the epicenter of the continent's latest mega-oil…
A recurring theme when it comes to Venezuela’s oil industry and national oil company PDVSA are wildly ambitious crude oil production targets announced each year…
President Joe Biden’s decision to ban Russian energy imports to the U.S. is boosting the outlook for South America’s newest oil-producing nation Guyana as well as…
Venezuela and the pariah dictatorial regime of Nicolas Maduro are once again back in the international spotlight. President Joe Biden’s decision to ban Russian energy…
Despite spiraling oil prices which see the international Brent benchmark up by a stunning 53% since the start of 2022 to be trading at over…
Russia’s invasion of the former Soviet Republic Ukraine, Europe’s second-largest country, triggered a watershed moment for President Joe Biden and his administration. It is forcing…