Ravaged by oil’s collapse, Venezuela now has a big gold problem
Bolivarian Revolution
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Bolivarian Revolution
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Ravaged by oil’s collapse, Venezuela now has a big gold problem

Nathan Crooks and Eduardo Thomson | Bloomberg - August 11, 2015

Venezuela now has a gold problem. The South American country, which is trying to stave off a bond default in the wake of oil's swoon, had 68…

Four dead, 16 injured in fiery blast at Mexico oil rig
Business
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Business
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Four dead, 16 injured in fiery blast at Mexico oil rig

Laurent Thomet | AFP - April 1, 2015

MEXICO CITY – An explosion and a fire erupted on an offshore oil platform operated by Mexico's Pemex on Wednesday, killing at least four workers, injuring 16 and…

Obama orders deeper Venezuela sanctions over abuses
Bolivarian Revolution
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Bolivarian Revolution
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Obama orders deeper Venezuela sanctions over abuses

Ramon Sahmkow | AFP - March 9, 2015

WASHINGTON D.C. —  U.S. President Barack Obama on Monday ordered fresh sanctions against senior Venezuelan officials involved in cracking down on the opposition. Venezuela responded angrily, recalling its…

Amid shortages, Venezuelans turn to informal networks
Bolivarian Revolution
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Bolivarian Revolution
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Amid shortages, Venezuelans turn to informal networks

Anatoly Kurmanaev | AFP - February 23, 2015

CARACAS, Venezuela — By packing bags for $1 a day and tips at a Caracas supermarket, Luis has managed to save up for a Japanese sports motorbike.…

Biofuels would be produced at Chinese refinery in Limón, says Costa Rica oil chief
Business
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Business
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Biofuels would be produced at Chinese refinery in Limón, says Costa Rica oil chief

Zach Dyer - January 10, 2015

Costa Rica's National Oil Refinery, RECOPE, is set to start a new feasibility study on a Chinese-funded oil refinery in the Caribbean province of Limón, according to…

As oil plummets, Venezuela goes from bad to worse
Bolivarian Revolution
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Bolivarian Revolution
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As oil plummets, Venezuela goes from bad to worse

Sebastian Boyd and Pietro D. Pitts | Bloomberg - October 19, 2014

CARACAS, Venezuela — Since becoming Venezuela's president 18 months ago, Nicolás Maduro has contended with chronic shortages of everything from toothpaste to medicine, the world's fastest inflation…

Big Oil’s heirs join call for action as climate summit opens
Business
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Business
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Big Oil’s heirs join call for action as climate summit opens

Joby Warrick and Steven Mufson | The Washington Post - September 22, 2014

For 140 years, the Rockefellers were the oil industry's first family, scions of a business empire that spawned companies called Exxon, Mobil, Amoco and Chevron. So it…

Mexico opens new era as Peña Nieto signs energy legislation
Business
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Business
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Mexico opens new era as Peña Nieto signs energy legislation

Adam Williams and Eric Martin | Bloomberg - August 11, 2014

MEXICO CITY – President Enrique Peña Nieto on Monday formally opened Mexico's state-controlled energy industry to private investment, saying the nation will accelerate steps for the first round…

Costa Rica extends ban on petroleum extraction
Business
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Business
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Costa Rica extends ban on petroleum extraction

Corey Kane - July 28, 2014

President Luis Guillermo Solís extended the country’s ban on petroleum exploration and extraction until 2021 as well as adding guidelines for energy efficiency in government agencies. Solís…

High gas prices drive Costa Rica to reconsider Petrocaribe alliance with Venezuela
Business
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Business
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High gas prices drive Costa Rica to reconsider Petrocaribe alliance with Venezuela

The Tico Times - July 10, 2014

As Costa Rica’s gasoline prices reach record highs, politicians are scrambling to find a way to curb costs at the pump. Members of the leftist Broad Front Party…