President Rafael Correa gave oil firms a March deadline, offering three options in the renegotiation of contracts. But even as Ecuador's government wants greater control over its energy industry, it also seeks to boost investment.
Brazilian President Inacio Lula da Silva made his first trip to Cuba since the island’s ailing leader Fidel Castro initiated a transition of power to his brother Raul. Lula’s visit brought an energy agreement and pledges of a large aid package.
Bolivia predicts high foreign investment in its hydrocarbons industry, but won't meet 2008 export demands. Meanwhile, government officials and opposition leaders met this week to bridge a divide that led four provinces to demand autonomy.
A discovery of oil reserves could bring Brazil into the fold of the world's major oil exporters, but challenges lie ahead. A hemispheric update examines the Brazilian model of energy security. Panelists at an AS/COA conference in São Paulo discussed Brazil’s goals for boosting its energy supply.
In an article for Viewpoints Americas, Jonathan Hamilton, Partner at White & Case LLP, examines the recent trend in some parts of Latin America to reject arbitration for resolving investment disputes. It is unlikely that foes of neutral dispute mechanisms will be able to "put the arbitration genie fully back into a bottle," he writes.
Brazilian President Luiz Inacio da Silva headed to Africa to promote a "biofuel revolution" just as his country won a victory in a World Trade Court case disputing U.S. cotton subsidies. During a recent AS/COA roundtable, Brazilian governors discussed biofuel opportunities. A hemispheric update examines Brazil’s energy policy at home and abroad.
AS/COA Director of Policy Jason Marczak talked with Bolivian Minister of Hydrocarbons Carlos Villegas Quiroga about the country's oil and gas sectors. Villegas encouraged investment in Bolivia's state company and discussed prospects for energy negotiations with Chile and Brazil.
