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The government’s aim with both blueprints is to boost crude extraction and the production of refined products for domestic consumption.
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DOI: 10.1108/OXAN-DB240704
ISSN: 2633-304X
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The rebound related to higher world prices, growing global and domestic demand, more efficient operations at the Vaca Muerta shale oil field and new natural gas subsidies. These…
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DOI: 10.1108/OXAN-DB266139
ISSN: 2633-304X
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US sanctions have already impeded payment in hard currency, and Washington’s waivers allowing continuation of the trade may end in February. Exports to Turkey and Iraq have helped…
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DOI: 10.1108/OXAN-DB250348
ISSN: 2633-304X
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Output remains well below peak levels seen under former President Lenin Moreno (2017-21), and indigenous and environmental concerns look set to hinder the industry's development…
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DOI: 10.1108/OXAN-DB273527
ISSN: 2633-304X
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Brazil has one of the cleanest energy matrixes in the world by international standards. However, the production of oil and oil derivatives continues to grow, and the country is…
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DOI: 10.1108/OXAN-DB286279
ISSN: 2633-304X
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The impact of a fiscal squeeze on oil sector investment.
The outlook for Petrobras.
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DOI: 10.1108/OXAN-DB201626
ISSN: 2633-304X
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Since independence in 2011 -- and during the preceding six years of autonomy -- the budget has depended overwhelmingly on oil revenues. However, production has contracted…
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DOI: 10.1108/OXAN-DB224941
ISSN: 2633-304X
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High oil and gas prices have incentivised Middle Eastern and North African (MENA) hydrocarbon importers to accelerate their renewables build-outs, while exporters have deployed…
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DOI: 10.1108/OXAN-DB279701
ISSN: 2633-304X
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Despite such controversies, the government is pinning hopes for economic recovery on restoring hydrocarbons production alongside longstanding plans to reduce the country’s…