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.
Venezuela
Rosneft Unloads Venezuela Assets
With the sale of its non-performing Venezuela assets to the Russian state, Rosneft moves on. PDVSA’s new partner may see its recently acquired assets shut-in while it waits for better oil market economics and maybe even a more reasonable political environment.… [READ MORE]
Venezuela
Venezuela Natural Gas: Growing Challenges
Venezuela currently wastes about 65% of its gas production. North Monagas injections have been shut down, and domestic demand has plummeted. Gas licenses continue to struggle with a lack of demand and PDVSA’s inability to pay its bills. IPD examines the ongoing trends in Venezuela’s gas sector. … [READ MORE]
Mexico
March 18 - Winning the Battle, Losing the War
AMLO officials commemorated the 82nd oil nationalization anniversary in front of the iconic bust of former President Lazaro Cardenas at PEMEX’s Mexico City headquarters on March 18. The symbolism was striking, but not for the intended reasons. Ravaging economic realities reigning down on PEMEX and Mexico, with little respite in sight, only showcase how tone deaf the administration’s message and strategy are. The perfect storm is hitting, yet you wouldn’t know it by listening to the speeches.… [READ MORE]
Venezuela
The Oil Price War and Venezuela
Venezuela’s oil sector was already gasping for air under the ever-growing pressure of U.S. sanctions. The new oil price war makes the latest sanctions, which focus on exports, hit even harder. As the U.S. government considers the next steps under its “maximum pressure” strategy, it should consider the impact of events that are not under its control—and how all players are affected.… [READ MORE]
