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The US Secretary of Energy Chris Wright has directed the Federal Energy Regulatory Commission to make a rule that would help rapidly move electricity onto the US grid in large amounts.
The national conversation around climate change is shifting. There’s more focus on energy affordability and demand, as well as on the dual role artificial intelligence plays as both...
The event is for CUID holders only. Please note: space is limited. The Center on Global Energy Policy at Columbia University SIPA invites Columbia University students to a...
Event
• Large Conference Room
Center on Global Energy Policy
About Us
We are the premier hub and policy institution for global energy thought leadership. Energy impacts every element of our lives, and our trusted fact-based research informs the decisions that affect all of us.
The Future of State-owned Oil & Gas Companies in Latin America
Past Event
April 21, 2021
10:00 am - 11:30 am utc
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Latin America’s state-owned oil and gas sector is facing unprecedented challenges caused by the economic impact of the COVID-19 pandemic, the resulting collapse in commodity prices and crude oil demand, as well as related financial and political pressures. These conditions, in addition to persistent administrative challenges and long-term debt liabilities, have caused Petróleos de Venezuela (PDVSA) production to drop to the lowest levels per citizen since the 1920s in Venezuela, which has the world’s largest proven crude reserves. Political upheaval has also impacted Petroecuador, Pemex, and YPF, although the latter has announced plans to invest $1.5 billion to ramp up the output of shale gas field Vaca Muerta.
The latest decision by President Jair Bolsonaro to replace Petrobras CEO Roberto Castello Branco with a former army general with little experience in the oil industry harkens back to Brazil’s history of political meddling in fuel pricing. Colombia’s Ecopetrol stands out as a bright spot in the region. Among the reforms enacted over the last decade was the listing of 11% of the company’s shares, which provided an infusion of capital that helped the company enlist better managers. To boost reserves, it has teamed up with international oil majors to invest in fracking and in upstream activities in other countries.
Columbia University’s Center on Global Energy Policy together with the Columbia Global Centers hosted a panel of exceptional policy experts to analyze the different economic, political, and social dynamics at play in the main oil and gas producing countries in Latin America.
Moderator:
Dr. Thomas J. Trebat, Director, Columbia Global Centers | Rio de Janeiro
Panelists:
Rosanety Barrios, Independent Analyst
Philippe Benoit, Adjunct Senior Research Scholar at the Center on Global Energy Policy at Columbia University SIPA
Dr. Mauricio Cárdenas, Visiting Senior Research Scholar at the Center on Global Energy Policy at Columbia University SIPA
Dr. Fernanda Delgado, Professor and Strategic Advisor, FGV Energia
Dr. Mauricio Cárdenas, Visiting Senior Research Scholar at the Center on Global Energy Policy at Columbia University SIPA
Panelists
Rosanety Barrios, Independent Analyst
Philippe Benoit, Adjunct Senior Research Scholar at the Center on Global Energy Policy at Columbia University SIPA
Dr. Fernanda Delgado, Professor and Strategic Advisor, FGV Energia
The Columbia Global Energy Summit 2026 is an annual event dedicated to thought-provoking discussions around the critical energy and climate challenges facing the global community.
The event is for CUID holders only. Please note: space is limited. The Center on Global Energy Policy at Columbia University SIPA invites Columbia University students to a...
Event
• Large Conference Room
Center on Global Energy Policy
The Center on Global Energy Policy at Columbia University SIPA’s Women in Energy initiative invites you to join us for an interactive workshop on building confidence in the...
Event
• Center on Global Energy Policy, 1255 Amsterdam Ave., New York, NY 10027
This event is open to Columbia University students only. Join the Center on Global Energy Policy’s Women in Energy initiative for an interactive discussion on human rights and...
Event
• Large Conference Room Center on Global Energy Policy
On November 6, 2025, in the lead-up to the annual UN Conference of the Parties (COP30), the Center on Global Energy Policy (CGEP) at Columbia University SIPA convened a roundtable on project-based carbon credit markets (PCCMs) in São Paulo, Brazil—a country that both hosted this year’s COP and is well-positioned to shape the next phase of global carbon markets by leveraging its experience in nature-based solutions.
Last month, the Trump administration imposed fresh sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, signaling a renewed desire to drive Moscow to the negotiating table in its war against Ukraine. But although these measures have the potential to harm the Russian economy, just how much damage they inflict will depend largely on one actor: Beijing. China bought almost half the oil Russia exported in 2024, evading Washington’s existing restrictions in the process. And new sanctions alone will do little to push China into significantly reducing its purchases.
