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
Repeated PEMEX Misdiagnoses & Wrong Antidotes (Pt 1)
PEMEX will receive roughly US$ 100 billion in government support by the end of AMLO’s presidency, unprecedented in the NOC’s history. But tangible evidence of “fortification” -- AMLO’s emblazoned mantra -- is scarce. Key PEMEX indicators continue moving in the wrong direction. Finances are on life support, production costs keep rising, refining is bleeding money, and production forecasts continue trending down. Reforms, nor funding over the past twenty years -- the two strategies attempted to date -- have remedied PEMEX. What will come next?… [READ MORE]
Venezuela
Venezuela and Guyana Meet Before the ICJ
Venezuelan and Guyanese representatives have met before the International Court of Justice to address Guyana’s request that the Court halt Venezuela’s upcoming referendum on the Essequibo region. The referendum will proceed regardless of any court decision. It is the border dispute that is the real issue, with real consequences for the two nations and the oil industry. … [READ MORE]
Venezuela
Production Still Lags, a Change in Diluent Could Help
PDVSA production still cannot claw its way back to the levels of July. But the recently published OFAC General License 44 and new naphtha imports may help turn that around. … [READ MORE]
Mexico
AMLO’s Latest Efforts to Dismantle Separation of Powers
On October 27th, elimination of 13 more government trusts was made official following approval in both the Chamber of Deputies and Senate. While the removal of trusts isn’t new under this government, what is new is that the trusts in question are controlled by Mexico’s autonomous judicial branch. The move is on by the AMLO administration to consolidate power and put the judicial branch in play leading up to the 2024 elections. This is an issue that extends well beyond the energy sector and private sector investment with potentially massive ramifications should a weakening of the judicial branch occur.… [READ MORE]
IPD News & Press
Impact of Colombia’s 2022 Elections on the Country’s Vital Extractive Sectors and Energy Transition Plans
Saturday, April 23, 2022
Colombia’s extractive sectors remain a cornerstone of the country’s economy and a vital source of government revenue. Simultaneously, energy transition commitments, including those stemming from COP 26, will demand complex policy d. . . [READ MORE]
Venezuela sanctions and climate action — a fresh approach
Friday, December 3, 2021
Almost one year since the inauguration of President Joe Biden, United States sanctions policy toward Venezuela has yet to be formally reviewed. Worse, enforcement has been almost non-existent. Venezuelan oil exports have greatly increa. . . [READ MORE]
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]
