Monthly Archives: October 2011

Colombian press says there is all sorts of weirdness at PRE.to’s flagship Rubiales field, and the company may have to shut the field for the second time in just over a month over protests. Dinero reports (my excessively literal translation): … Continue reading →

Really? The Exxon-Venezuela arbitration case has already had its hearing, and a decision is expected by year-end? I did not know that.

Ever wonder how things work? Here’s how things work.

A few months ago, I wrote this intentionally inflammatory headline: PDVSA pension’s $500 million bolivar bet may turn into nuke ties The headline was about nukes to get you to read about Venezuelan state oil company PDVSA investing its pension … Continue reading →

Telephone game time: I cite Reuters cites Kommersant citing unnamed sources saying that Rosneft is going to pay a $1 billion signing fee, or “bonus,” for its right to develop an immense oilfield in Venezuela’s Orinoco Belt. Lower down in … Continue reading →

Fuel prices are rising in South America as local currencies weaken on the euro crisis. National governments have a choice: maintain fuel taxes, which are overwhelmingly progressive in countries where very few poor and most rich people have vehicles, or … Continue reading →

These have all been mentioned in news articles recently, but since I’m a big geek, I thought I’d give you the direct links to the arbitration pages for Tenaris vs. Venezuela Owens Illinois vs. Venezuela (Those direct links are a … Continue reading →

Ever read one of those news stories that leaves you thinking that there must be more to this than I’ll ever know? This, about Venezuelan state oil company PDVSA and its dealings in the Argentine fuel market in a joint … Continue reading →

In high school, my US History teacher said any time you don’t know the answer to a history question, just write “money.” You’ll probably be correct. With that in mind, check out this odd little story from the Latin American … Continue reading →