South & Central America
Evo sticks to his word
31 May 2006
The government's decision to nationalise Bolivia's hydrocarbon's industry means the country's national treasure is likely to remain buried, writes Robert Cauclanis
Awaiting policy decisions
1 April 2006
Bolivia's new government is still trying to work out how to implement its promise to nationalise the gas sector. But, amid growing demand from its neighbours for its gas, a full nationalisation looks neither in the country's interests nor feasible, reports Robert Olson
Chávez triumphant
1 March 2006
Foreign oil companies that invested over $10bn in 32 field-operating contracts in the country during the apertura petrolera have meekly acquiesced to the forced migration to tough new terms. The next target could be four massive synthetic-oil projects, as Venezuela tightens its grip on the oil and gas sector, writes Robert Olson
Reserves mess adds urgency to the need for reform
1 March 2006
Repsol YPF's reserves write-downs in South America are not just a disaster for the company. Unless the region's governments take action, the reliability of natural gas supplies across the continent could be under serious threat. Robert Olson writes
PdV: 'appendix of the revolution'
1 January 2006
Former Petróleos de Venezuela (PdV) chairman and chief executive, Luis Giusti, on Venezuela's falling oil production, the threat to the apertura process, and Chávista politics. Interview by Ayesha Daya
Politics stall proposals
1 January 2006
Latin American governments have announced a number of pipeline mega-projects in recent months, but the region's politics continue to be the biggest obstacle to project development, reports Robert Olson
Ecuador: All change
1 June 2005
Capex plunges
1 April 2005
A temporary break in electoral activity has not brought about the expected revival in oil sector investment. Instead, capital spending has slipped, while the government's ambivalent relationship with foreign companies has led to clashes with investors and delays in approving new projects, reports Robert Olson
Experienced driver sought
1 September 2003
Tilting at windmills
1 August 2003
Environmental impact
1 February 2000
Growing environmental concerns, and uncompetitive legal and fiscal regimes are an obstacle to development in some countries.
Heavy going
1 February 2000
THE ORINOCO extra-heavy oil belt is thought to contain over 1.3 trillion barrels of oil, of which at least 270bn are calculated to be recoverable with current technology. The technical and financial challenges of exploiting this vast resource were far beyond the capacity of the nation’s oil industry.