Energy: Brazil Seeks More Private Investment

Argentina, Brazil, Colombia seek more private investment in their energy sectors.

BY HUNT BUCKLEY 
AND LARRY PASCAL

Divergent governmental policies and political ideologies in Latin American countries, combined with continuing swings in oil prices clearly affect both short-term and mid-term outlooks for the region.  While Brazil, Colombia, and Argentina are, once again, developing their hydrocarbon resources after a slow period marked by political and market-driven uncertainties, and continue to encourage direct private (foreign and domestic) investment in upstream projects, other countries in the region are taking different approaches and re-assessing the relative weight of national oil companies and the private sector.

For example, ...

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Keywords: Argentina, Chile, Colombia, Ecopetrol, Haynes and Boone, Mexico, Petrobras, Venezuela