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
Maduro Reelected, but Ensuing Sanctions May Shorten His Term
As expected, President Maduro handily won Venezuela’s May 20 elections. International response came quickly. The U.S. issued a new set of sanctions; Lima Group members halted financial transactions that are not related to humanitarian aid. Venezuela’s economic crisis already has a stranglehold on the country. These latest actions could be the squeeze that finally chokes the Maduro government.… [READ MORE]
Venezuela
Conoco Legal Action Against PDVSA: Another Nail in the Coffin
The April 2018 granting of a ConocoPhillips petition to seize PDVSA Caribbean assets following a US$ 2 billion ICC award hits the NOC at a particularly vulnerable time. The crippled company depends heavily on its Caribbean-based infrastructure to manage its extra-heavy oil output. As Venezuela continues to struggle with its socio-economic crisis, this latest move could play a role in either triggering a regime change or sending the country into chaos.… [READ MORE]
Venezuela
Maduro Names New PDVSA Board; Reaffirms Support for Quevedo
President Nicolas Maduro has once again adjusted PDVSA’s board of directors. There are two first time directors, one of whom is a player from the housing sector and is close to Fernando De Quintal, the Commerce and Supply Vice President. Our read is that Maduro is standing behind Quevedo and his team, and intends to hold the course, no matter how disastrous it may be.… [READ MORE]
Venezuela
Pricing Strategies for Venezuela's Offshore Gas Exports
After about thirty years of attempting to monetize its massive offshore gas reserves, Venezuela is poised to become a natural gas exporter. But before it can do that, the Oil Ministry will have to reconcile the value the government places on PDVSA’s previous investments (sunk costs) with the reality of a highly competitive, global market. … [READ MORE]
IPD News & Press
Colombia’s Elections: Major Political Shifts and Hydrocarbons Sector Impact
Friday, May 11, 2018
Bogota, Colombia - Colombia has long been governed by a highly interwoven, conservative, symbiotic political and business class. But current polls show that, regardless of who wins the upcoming presidential elections, . . . [READ MORE]
Mexico’s New Hydrocarbons Model: A Critical Assessment Four Years Later (English and Spanish)
Wednesday, May 2, 2018
MEXICO CITY - Mexico’s energy sector finds itself once again at a fork in the road. The government has spent the past decade trying to create a stronger regulatory framework with better checks and balances and a more. . . [READ MORE]
Debate over Venezuela oil sanctions intensifies as refugee crisis grows
Friday, April 27, 2018
Strategic considerations: The debate over whether the US should sanction Venezuelan oil and refined products is shifting as the country’s humanitarian disaster deepens.
REDD
23 April 2018 07:36 PM
The US doesn’t want to be. . . [READ MORE]
A Leftist President in Colombia? What Energy Sector Players Need to Know
Friday, February 9, 2018
- By Sergio Torres – IPD Latin America Consultant, Bogota
To the surprise of many, including Colombians themselves, current polls indicate that Colombia’s next President could come from the political left. One-time guer. . . [READ MORE]
