Despite electoral uncertainty and the increased market risks associated with dissolving monopolies, there is appetite and optimism for the Mexican energy sector, but reserve-based lending would help it take off, heard delegates at the Latin Lawyer live 9th annual oil and gas conference, held 9 May in Mexico City.
A court serving the Dutch Caribbean islands of Bonaire and Curacao has ordered the partial lifting of orders allowing ConocoPhillips to seize assets of Venezuela’s national oil and gas company PDVSA to satisfy a US$2 billion arbitral award, ensuring that both islands have enough fuel and electricity.
"Poor Mexico," 19th century Mexican general Porfirio Díaz once lamented, "so far from god and so close to the United States." Yet Mexico's proximity to its northern neighbour is a good thing for its oil and gas sector, even with Donald Trump in the Oval Office. Here, Latin Lawyer reviews what panellists at Latin Lawyer's 8th Annual Oil & Gas conference had to say about Latin America's energy prospects and why President Donald Trump's fossil-fuelled policy of America First may benefit Mexico.
Claudette M Christian and Joshua B Press
Anthony S Harrington
Albright Stonebridge Group
These firms have professional notices in the Latin Lawyer 250