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
Gasoline Shortages Hit Venezuela Again; no Solution in Sight
Even with plunging demand, long lines at Venezuelan gas stations reflect the country’s inability to supply its internal market. With refineries down, gasoline imports are critical. But it has become clear that PDVSA’s ability to meet demand is absolutely failing. … [READ MORE]
Mexico
Mature Field Development Plan Won’t Cut It
The PEMEX mature field development plan release was most notable not for the plan itself but for a second downward revision of 2019 production. Similar to the 2019 accelerated development plan released in December, the recently announced mature field development plan will not move the needle on reversing Mexico’s 15-year production decline. Meanwhile, private sector production is poised to have an impact and could be much higher from the contracts already awarded if properly incentivized. How long before the Mexican government realizes the need to shift gears?… [READ MORE]
Venezuela
Venezuela Quarterly Presentation - Q1 2019
IPD's Q1 2019 Venezuela O&G sector presentation is now available. This update reviews the current political stalemate, provides insight into oil output declines and details the impact of March power failures. We include our production scenarios through 2019, provide the latest natural gas production numbers and close with our latest Venny and PDVSA debt review.… [READ MORE]
Venezuela
Where Venezuela’s Natural Gas Operations Stand
The decline in Venezuela’s oil production has translated to a drop in natural gas output. While production from non-associated gas licenses has been more stable, it is also on the decline. New projects are entirely on hold. And although the amount of wasted gas has declined, it is still high relative to failing crude production. … [READ MORE]
IPD News & Press
Oil Market’s Best Hope From Latin America Plays Catch-Up
Wednesday, May 22, 2019
“The 40-year party is over,” said John Padilla, managing director of IPD Latin America LLC. “They’ve lived and breathed off of Cantarell and Ku Maloob Zaap. Cantarell has collapsed and Ku Maloob Zaap’s ability to. . . [READ MORE]
Colombia’s Energy Policy (E&P and Renewables) under Duque Finally Starts to Take Shape
Wednesday, January 2, 2019
As 2019 kicks off, Colombia finds itself broadly stuck in limbo. During the first six months of last year, investment was put on hold pending the outcome of a highly contested presidential election between economically conservative Iva. . . [READ MORE]
Few Clear Signals for Mexico’s Fledgling Natural Gas Market as AMLO Prepares to Take Office
Tuesday, July 24, 2018
NGI
24/07/2018
Following the decisive and historic victory of Andres Manuel Lopez Obrador in the July 1 presidential election, Mexico’s natural gas sector is in wait-and-see mode as the dust settles from the ca. . . [READ MORE]
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]
