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
7 January 2026
No longer can the energy source be considered a sidekick to oil in the Middle East and neither should it step aside for less convincing alternatives
7 January 2026
The global race for critical minerals has become a defining feature of energy geopolitics, presenting the ASEAN region with both opportunity and risk
7 January 2026
As global energy systems evolve to meet shifting demand and transition pressures, maintaining reliable hydrocarbon supply remains essential to energy security
6 January 2026
Cash will be needed to boost production by 30% to meet region’s rapidly rising power demand, executives told the inaugural Middle East Gas Conference in December
