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.
AMLO’s Growing Dependence on an Economic Rebound
Sixteen months since the pandemic started its global economic onslaught, there are high expectations for a rapid recovery. Yet, rising inflation is dampening GDP growth expectations. AMLO’s government did little to support industry or investor certainty and is now more dependent on a U.S. economic recovery. But Mexico may prove more vulnerable than expected to factors that impede sustained growth.… [READ MORE]
Gas Bienestar – Trading One Monopoly for Another
AMLO’s July 7th announcement of Gas Bienestar’s formation to control LPG prices played well to a population that has seen them meaningfully rise, but Mexico remains irrationally overdependent on the fuel. Politics remain the key driver, with continued PEMEX prioritization and rising inflation rounding out the perfect trifecta. Although it’s a poor solution to Mexico’s LPG oligopoly, the bigger concern is AMLO’s interest to extend Gas Bienestar to natural gas.… [READ MORE]
Petrocedeño Upgrader Back in the Game
PDVSA is (partially) firing up its upgraders and producing new crude blends. Appetite for Venezuelan crude is on the rise, and PDVSA aims to ensure domestic refinery feedstock while hiking exports. Meanwhile, India, the US and other markets await the unwinding of sanctions so they can jump back in for their share. As ever, political forces will determine the extent of potential output recovery and where the crude goes.… [READ MORE]
Zama and the CNH – Death of an Upstream Regulator
July 2nd, 2021 will not be remembered as a high point in Mexico’s oil & gas history. While SENER abruptly granted Zama shared reservoir operatorship to PEMEX, an ominous and surreal whirlpool of fire was captured for the world to see in the middle of the ocean just off the vital KU-C platform. Although SENER’s politically driven decision was broadly anticipated, CNH’s complicit and biased actions place Mexico’s upstream sector on notice.… [READ MORE]
IPD News & Press
Simplifying a Complex Regulatory and Risk Landscape
Tuesday, July 27, 2021
IPD's Managing Director, John Padilla's recent interview with Mexico Business News covers has assessment of the country's oil and gas industry in light of ongoing political challenges.
By Pedro Alcalá | Thu, 07/22/2021 - 12:44
<. . . [READ MORE]
Covid-19 and Latin America’s Energy Sector
Sunday, April 12, 2020
Today, Tomorrow and Beyond the Crisis
Here is our contribution to the Institute of the Americas' special report on Covid-19 and its impact on the Latin American energy sector.
Where do things stand today in (your cou. . . [READ MORE]
Oil Price Impact on the Private Sector in Mexico
Monday, March 30, 2020
By John Padilla, IPD Latin America, on March 30, 2020
What is the impact of low oil prices on the private sector in Mexico?
Low oil prices are impacting the Mexican private sector in many of the same ways we are witnessing aro. . . [READ MORE]
Global Energy Transition Demands Cooperation, not Competition; Oil and Gas Companies Must Lead the Way
Tuesday, October 1, 2019
—David Voght, IPD Latin America and Jeremy Martin, Institute of the Americas
Signator. . . [READ MORE]