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
Regulators, Checks and Balances, and the CRE in Limbo
AMLO has gone all out in his criticism of Mexico’s autonomous regulators (COFECE, IFT, CRE and CNH). In the eye of the storm is the CRE, reeling from budget cuts and the exit of four commissioners. CRE President Guillermo García Alcocer was also recently under direct fire with conflict of interest accusations made by the President himself. And AMLO’s commissioner nominations have massively underwhelmed private sector expectations. What awaits the CRE in the days ahead?… [READ MORE]
Mexico
AMLO's First 100 Days
AMLO’s Fourth Transformation has reached its first 100 days. The political transition is far from over and the improvised feel to new public policies remains. The contrast between AMLO’s daily promises to boost the economy and eradicate corruption and what international markets increasingly view as a democracy with diminishing checks and balances and impending economic hurdles is widening by the day. The gap between these two perceived realities will almost certainly continue to grow, at least until they collide.… [READ MORE]
Venezuela
Blackout Adds to List of Venezuela's Woes
The March 7 blackout disrupted all of Venezuela, including the oil industry. PDVSA power plants were unable to offset the impact; oil exports came to a standstill, production plunged. The sector will not be able to fully recover until power authorities stabilize the entire system. Meanwhile, external pressures mount, as the U.S. pushes India, Venezuela’s sole remaining cash source, to step up its compliance with sanctions.… [READ MORE]
Venezuela
The Battle Drags On, the Outcome Remains Unchanged
Venezuela captured the world’s attention this week, as the opposition struggled to deliver humanitarian aid to the country. This latest skirmish highlighted that there will be no peaceful wins in the battle to transform Venezuelan leadership. Meanwhile, U.S. sanctions have caused exports to fall. In this report, we review the latest events in the Venezuelan crisis, and their impact on the hydrocarbons sector. … [READ MORE]
IPD News & Press
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]
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]
