Latin American oil, gas policies remain in flux

Oil and gas producing countries in Latin America have adopted diverse approaches to energy policy and the extent to which international companies are allowed to invest or operate in conjunction with the various national oil companies.Rice University’s James Baker Institute hosted a Feb. 26 conference in which speakers discussed Latin America’s changing energy landscape, which continues to be heavily influenced by economics, geopolitics, and sometimes very localized politics.Privatization and deregulation were common in the early 1990s as Latin America governments tended to allow increased participation by international oil and gas companies.Bolivia and Argentina sold their sta...

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