Over the past month, Latin America has seen two high-profile nationalizations of Spanish-owned companies. In Argentina, Cristina Kirchner announced the expropriation of a majority stake in her country’s biggest oil firm, YPF.... more ››
Chevron got caught up in Brazilian political crosscurrents having little in particular to do with the U.S. company but revealing much about the delicate state of Brazil's burgeoning oil industry. more ››