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
Exports Evolution (or Devolution, as the Case May Be)
Venezuela was already struggling to maintain output before Covid-19 collapsed the global oil market. In spite of this, and debilitating U.S. sanctions, PDVSA has been able to find last-minute offtakers to save it from complete export collapse. But a few new players cannot offset otherwise insurmountable challenges and save the entire system. Exports continue their decline unabated.… [READ MORE]
Mexico
CNH's Technical Opinion on Zama - A Positive Step Forward
On May 7th, the CNH issued its technical opinion to SENER declaring that Zama is a shared reservoir between the Talos-led consortium and PEMEX. This was an important and positive step forward for a discovery made nearly three years ago. Far from a done deal, particularly considering SENER’s recent electricity sector actions, it injects an important technical variable that hopefully guides the remaining unitization process now that the final decision on Zama’s development path forward lies squarely in SENER’s hands.… [READ MORE]
Mexico
Repsol's Double Discovery: Polok and Chinwol
Repsol’s exciting double exploratory success in Mexican offshore comes at a time of great uncertainty for the country’s E&P industry due to COVID-19. But private sector successes continue to stack up, which stand in stark contrast to the supposed rescue of PEMEX, particularly on the discovery and technical fronts. The compelling reality of what the private sector brings to the table is becoming increasingly hard to dismiss.… [READ MORE]
Venezuela
Venezuela Q1 2020 Oil Sector Overview
IPD's Q1 2020 review including our usual industry indicators along with the latest on legislative reforms and a proposal to restructure PDVSA. An update on an aggravated gasoline crisis is also included. … [READ MORE]
