A Discussion of Major Current Challenges Facing Oil and Gas Producing States in Latin America

Abstract

Latin America has a rich history of oil and gas exploration and development, full of political intrigue, technical and engineering achievements, and economic and social volatility. But its member states currently face a wide variety of challenges that may hinder or drive economic growth depending on their responses. This article will examine a few of the major challenges facing the oil and gas sector in Latin America, focusing on the South American countries of Brazil, Colombia, Ecuador, and Venezuela.

Keywords: Oil, Gas, Oil & Gas, Oil and Gas, Energy, Renewable, International, Latin America, south America, Brazil, Colombia, Ecuador, Venezuela