IPD EnergyNet
Our thought provoking and timely analysis of the energy industry offers IPD clients a unique local perspective that enables them to better understand energy dynamics and create opportunity.
Mexico
The Cost of a Failed PEMEX Strategy
Amid incessant PEMEX and AMLO administration claims touting how profitable the State-owned oil & gas company is for the federal government, the numbers say differently. Leaving technical worries aside, the economic burden alone of returning to a monopolistic energy sector is a luxury Mexico can increasingly ill-afford, with few prospects of a quick economic rebound. The burn rate is increasing and will likely continue to do so.… [READ MORE]
Venezuela
The Cuba-Venezuela Relationship and a Biden-led U.S.
Venezuela and Cuba’s long-held alliance could be tested if U.S. President-elect Biden takes advantage of several unilateral and multi-lateral opportunities. The economic writing is on the wall. But world politics is not driven by economics alone.… [READ MORE]
Venezuela
The Latest Draft OHL: Blazing the Trail for a more Certain Future
The latest draft Organic Hydrocarbons Law is under review. It is still unclear whether the draft will pass before year-end, but the document itself is progressing. Despite what may seem like insurmountable challenges, the future is taking shape. In this report, we explore some of the latest key changes to the draft and encourage our readers to consider their implications. … [READ MORE]
Venezuela
Venezuela - All (Crude Output) Options Are on the Table
Venezuelan oil output continues its roller coaster ride. OFAC pressure on Reliance, Repsol, ENI, and TIPCO pushed exports dramatically downward in October 2020. But what may be a budding alliance with Iran could allow PDVSA to maintain output above 500 mb/d for the rest of 2020. U.S. sanctions will still drive 2021 output.… [READ MORE]
