Reforms at risk in Latin America's elections
A busy political season will put recent market-friendly energy changes to the test
On 24 January, Brazilians were transfixed by proceedings in a courtroom in the southern city of Porto Alegre. After nine hours of deliberations, a three-judge panel unanimously upheld a corruption conviction and prison sentence related to the sweeping Lavo Jato scandal for former president Luiz Inácio Lula da Silva, known simply as Lula. The ruling, on top of being a landmark moment in the vast corruption scandal, scrambled the political landscape ahead of elections in October. Leftist leader Lula, who maintains a wide base of support despite the corruption conviction, was planning a bid to return to the presidency and had been leading in polls. The 24 January decision doesn't end those chan
Also in this section
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
