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.
The Inevitable Return to Energy Sector Price Caps
AMLO enjoyed stable energy sector prices in 2019, and the pandemic brought down gasoline and diesel prices in 2020. But 2021 is problematic for a president that made campaign promises against allowing market energy prices to increase beyond inflation. Enter Gas Bienestar, more focused on squeezing the private sector and on political optics than prices themselves. Meanwhile, the return to price caps is a slippery slope that won’t end well.… [READ MORE]
Venezuela Politics Continue at a Low Boil
Venezuela’s political activity seemed to pick up in early September as the second round of Mexico talks produced two partial agreements. With regional elections slated for November and the dissolution of the Guaido administration apparently around the corner, the stage seems set for change. But there are a lot of moving parts in the picture, and it is entirely unclear what direction those parts may take.… [READ MORE]
Crude Output Up Despite Volatility
With Venezuela, it is usually best to take a broad view of production. If one looks too closely, the daily oscillations can be heart stopping. But the overall outlook in 2021 has been one of a steady, though modest, growth. … [READ MORE]
Another KMZ Accident Threatens its Lifespan
Five casualties, two missing, and 421 mbd of lost production (US$ 27.5 million/ day). These are the immediate consequences of the August 22nd devastating fire on the E-KU-A2 platform in the KMZ activo. While the government has tried to downplay the accident, claiming production has been fully restored and all is back to normal, permanent output damage is almost certain. The question will be just how much.… [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]