Venezuelan woman shot dead during latest looting
A Venezuelan woman died on Monday after being shot in the face when looters raided state food warehouses in the latest unrest in the crisis-hit OPEC nation, her family said. Continue Reading
U.S. Supreme Court Backs Chevron in Treaty Dispute with Ecuador
Chevron offices The United States Supreme Court declined to hear an appeal lodged by the government of Ecuador that contested a $96 million arbitration settlement awarded to the American oil Continue Reading
Exxon CEO Says Argentina Shale Investment May Exceed $10B
Exxon Mobil Corp. may invest more than $10 billion in Argentina’s Vaca Muerta shale formation in the next decades, Chairman and Chief Executive Officer Rex Tillerson says. (Bloomberg) — Exxon Continue Reading
Venezuelans, Facing Food Shortages, Rally Behind Vilified Conglomerate
To most Venezuelans suffering food shortages, Lorenzo Mendoza and the company he runs, Empresas Polar SA, are trusted providers of everything from pasta to beer. But to an embattled populist Continue Reading
Argentina’s Prized Vaca Muerta Shale Could See $10B Exxon Investment
Vaca Muerta Shale Having already invested $200 million in Argentina’s Vaca Muerta shale — the world’s second-largest shale gas deposit — supermajor ExxonMobil is now saying it may invest at Continue Reading
Teargas fired at Venezuela food protest near presidential palace
Venezuelan security forces fired teargas at protesters chanting “We want food!” near the presidential palace in Caracas on Thursday, the latest street demonstration in the crisis-hit OPEC nation. National Guard Continue Reading
Venezuela police repel rare protest near presidential palace
A throng of protesters demanding food made a run for the Venezuelan presidential palace on Thursday in a rare, apparently spontaneous outburst of anger at the socialist administration within the Continue Reading
Cash Deprived Venezuela Can’t Pay For Oil Imports, Leaving Tankers Stranded
Oil Tanker Venezuela Venezuela’s financial problems have become so acute that it is having trouble paying for the crude oil imports that it needs. Reuters reports that four oil tankers Continue Reading
4 Ways Latin America Can Achieve Energy Success
Pacific Alliance members The rapidly shifting and challenging environment for the energy sector in Latin America offers an unprecedented opportunity for the region to rethink how it can better coordinate Continue Reading
Venezuela says Americas bloc suspension threat is ‘imperial’ plot
Venezuela’s President Nicolas Maduro speaks during his weekly broadcast ”En contacto con Maduro” (In contact with Maduro) at the Miraflores Palace in Caracas, Venezuela, May 31, 2016. Miraflores Palace/Handout via Continue Reading