Community and environmental factors are playing a role in the pivot towards resource nationalism
Private sector takes a beating in Latin America
Political and financial motivations vary, but the region is noticeably lurching towards greater resource nationalism
Many of Latin America’s largest oil and gas producers are slipping into resource nationalism as the pandemic worsens their economic problems, according to a report from political risk consultancy Verisk Maplecroft. Venezuela bagged the number one spot in Verisk’s Resource Nationalism Index, perhaps unsurprisingly considering the country’s rapid descent into hyperinflation and extreme dependence on state oil firm Pdvsa. But it is Mexico that has seen the greatest shift over the past four years, soaring from 99th position to third place, with Tanzania in second. Mexico had started to slip before the arrival of President Andres Lopez Obrador in December 2018. But the president’s nationalistic a
Also in this section
20 June 2025
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
20 June 2025
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
19 June 2025
Geopolitical uncertainty casts a pall over expectations around demand, supply, investment and spare capacity
19 June 2025
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
