oil Archives - Global Americans

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Brazil’s rising oil production

Suzanne Driscoll | April 21, 2021

Brazil produced an average of 2.94 million barrels of oil per day in 2020. The South American country is now the seventh-largest crude oil producer in the ...
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Saber-rattling and high stakes in Guyana’s geopolitical neighborhood

Ivelaw Lloyd Griffith | April 8, 2021

The Essequibo territory remains a point of contention between Guyana and Venezuela, and the stage is now set for the ICJ to step in and render a judgment.
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The strength of Colombia’s oil production recovery hangs in the balance

Gerelyn Terzo | February 22, 2021

The Colombian oil industry had many ups and downs in 2020, but Wall Street has been lifting 2021 oil price predictions, and positive oil price forecasts ...
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Guyana and the next economic wave

Scott B. MacDonald | October 23, 2020

Guyana's economy is projected to grow by 26 percent in 2020, but the country will need more than just money alone to affect much needed changes in ...
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Guyana: “Oil don’t spoil,” but …

Ivelaw Lloyd Griffith | October 14, 2020

Guyana's recent oil windfall has been well-documented, but successfully harnessing the opportunity it brings will require a combination of transparency, ...
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From pandemics to floods: Inequality as a comorbidity

Teresa Kramarz | June 11, 2020

Similar to the COVID-19 pandemic, environmental disasters hit marginalized communities the hardest. Not just because they are more exposed to risk, but ...
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Navigating Guyana’s muddy waters

Evan Ellis | March 4, 2019

On the eve of a massive oil windfall, Guyana finds itself in the midst of a political power struggle, forcing the United States to walk a careful path ...
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Guyana at Risk: Ethnic politics, oil, Venezuelan opportunism and why it should matter to Washington

Evan Ellis | December 31, 2018

A no-confidence vote in the parliament has triggered new elections, at a time—not coincidentally—that the country is grappling with how to manage its oil ...
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The collapse of the Venezuelan oil industry

Andrés Cañizález | June 19, 2018

In 2018, PDVSA’s production capacity dipped to its lowest level since 1950. It’s the nadir of a debacle that has escalated under Maduro but started under ...
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Why President Maduro may have just killed bitcoin fever

Christopher Sabatini | February 23, 2018

Venezuela’s inevitably doomed plan to save its economy by issuing its own kleptocurrency may well undermine the fragile foundations of other booming ...
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