Press Mentions

Hoy cambiar el sector energético en México, si lo quieren renegociar en TLCAN, implica más bien un riesgo desde la perspectiva de los inversionistas.

I think the major issue is how [Guyana] will manage the revenue. How are they going to manage local industry and avoid some of the problems that other oil producing countries [experienced]?”

No creo que sea posible salvar o renovar a la industria del carbón con la propuesta que tiene el presidente. El gas es abundante, es barato, y por eso se ha reemplazado mucho carbón por gas.

Renegociar NAFTA tendría muchas implicaciones para el sector energético.

Yo creo que las señales [que está dando] esta administración es que no ven cambio climático como un criterio válido para tomar decisiones de políticas públicas. Yo creo que más bien lo ven como un obstáculo hacia el crecimiento económico y los negocios.

“[Mexican] government officials downplayed the immediate negative effects of liberalizing [fuel] prices in order to get people on board for reform. But it comes at a bad time politically and economically for the country. The government is unpopular because of corruption scandals and the economy is doing poorly with PEMEX’s production falling and the peso losing value.”

Some [Latin American countries] have held auctions for generation contracts purely for renewables.

Any fix [in Venezuela] would need big changes… a loan from the IMF, or more market-oriented economic measures like removing price controls.

PDVSA has absolutely lost ground in the Caribbean.

We're at a time when oil companies are looking very carefully at the terms of each project. If companies see there are good terms, they're willing to explore new frontier areas despite having less known and perhaps smaller resources.

The [oil production] decline is speeding up [in Venezuela], and that will continue to happen. Conditions are getting worse and worse; there’s less and less money to invest.

Voters are not thinking, “I love privatization”, [the opening of Latin America’s oil sector to foreign investment] is a more pragmatic, economically driven change.

It is unreasonable to believe that peace in Colombia, in and of itself, will serve as a catalyst for oil and gas exploration or increased production.

Eventually you will see a more diversified field [in Mexico's power sector]. We’ve already seen some deals where investors have taken minority stakes in energy infrastrucure, and the reform opens up more opportunities for private companies for power generation.

Los campos transfronterizos de gas entre Venezuela y Trinidad van a llevar mucho tiempo en desarrollarse. Además, no se sabe si PDVSA tiene el dinero para poner su parte de la empresa mixta.