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Central America


Offshore E&P activities ramping up in Latin America

Latin American nations are ramping up offshore exploration, development, and production activities. This increase is largely due to discovery of new reserves in Argentina, Bolivia, Brazil, Chile, Columbia, Ecuador, Peru, and Venezuela. The economic future of these countries is dependent on their under-explored hydrocarbon region. by Robin Dupre, Offshore Magazine, October 29, 2014 Offshore exploration, development,…

Climatescope 2014 – Global study shows clean energy activity surges in developing world

According to a Climatescop 2014 report, developing nations represent a large and rapidly growing share of the world’s clean energy investment. The findings of the report show that clean energy capacity in 55 emerging markets in Africa, Asia and Latin America and the Caribbean are growing at a faster pace than in developed countries. by…

India to explore food, energy opportunities with Latin America

In order to boost trade and investment, India has decided to expand its engagement with the Latin America and Caribbean countries. The main areas India is hoping to invest in are food and energy security. Other business opportunities include agriculture, renewable energy, IT and ITeS. by Huma Siddiqui, The Financial Express, October 25, 2014 India has…

EIA: Panama Canal expansion will allow transit of larger ships with greater volumes

The main avenues of maritime navigation limit the size of tanker that carry crude oil and petroleum products; the Panamax tankers are the ships that can currently pass safely carrying 400,000-550 barrels of light sweet oil.  With the expansion the of the Panama Canal it will allow for the passage of larger vessels of 400,000-680,000…

Drought leaves up to 2.81 million hungry in Central America

2.81 million people in Central America are struggling to feed themselves due to severe drought causing the loss of crops. The drought is affecting the “dry corridor” of Central America which includes southern Guatemala, northern Honduras and western El Salvador, as well as South America. Guatemala has declared a state of emergency and Nicaraguan President…

Latin America plays take on added importance

by David Paganie, Offshore Magazine, July 16, 2014 Oil and gas exploration and production operations in Latin America might take on added importance with turmoil clouding the upstream prospects in the Middle East, eastern Europe, and western Africa. With that in mind, Offshore takes a look at one of the most successful theaters and one…

US should be ready if Petro Caribe tightens credit terms, study says

By Nick Snow, OGJ Washington Editor, Oil & Gas Journal, July 16, 2014 The possibility that Venezuela’s financial support for energy imports in the region could erode quickly makes it imperative for the Obama administration to adopt a wide range of policies to avoid an energy crisis in the Caribbean and Central America, a recent…

Uncertain Energy: The Caribbean’s Gamble with Venezuela

by the Atlantic Council, July 16, 2014 The Obama administration must quickly adopt a range of transformative policies to avoid an energy crisis in the Caribbean and Central America, given the possibility that Venezuela’s financial support for energy imports to the region could erode quickly, according to the Atlantic Council’s Adrienne Arsht Latin America Center’s…

Energy Supply Requires $40 Trillion Investment to 2035, IEA Says

by Grant Smith, Bloomberg News, June 2, 2014 Meeting the world’s energy supply needs by 2035 will require $40 trillion of investment, as demand grows and production and processing facilities have to be replaced, the International Energy Agency said. More than half of that amount will be needed to compensate for declining output at mature…

AFPM 2014: Expectations are high for polymer prices to drop in Latin America

By Ingrid Furtado, via Platts.com, 31st March, 2014 Market participants in Latin America are most likely to believe that polymer prices are going to decrease in the coming months, one of the main reasons the market is quite slow in countries such as Brazil, Peru and Colombia, sources said on the sidelines of the American…

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Site Last Modified: October 31, 2014