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New efforts by Venezuela’s national oil firm, PDVSA, to raise its lagging production. Is this really a change in strategy?

The administration of President Federico Franco has been very bullish on Paraguay’s potential for hydrocarbon development, with declarations of potential reserves that border on hyperbole.

Mexican President Enrique Peña Nieto’s plan to reform state-owned Petroléos Mexicanos (PEMEX) has attracted the attention of many analysts. Since President Lázaro Cárdenas nationalized the oil sector in 1938, no president has been able to push for reform to allow for foreign ownership of petroleum assets. 

Chávez’ victory boils down to a love affair with a generous petro-crat, but serious policy challenges and an uncertain economy await him in his new six-year mandate.

Top stories this week are likely to include: impact of the Amuay refinery tragedy in Venezeula; aftermath in the Caribbean of Tropical Storm Isaac; YPF and Chevron move toward an alliance; fallout of a cabinet shift in Colombia; and Canada seeks to strengthen commercial ties with Southeast Asia.

CAFTA Tangles: After a rocky start, the free trade pact linking the U.S., Central America and the Dominican Republic finally takes off.
Does ethanol make environmental sense? Bruce Dale, Professor, Michigan State University, and David Pimental, Professor, Cornell University, duel over biofuels

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