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The production of liquid hydrocarbons of Pemex in the second quarter of 2024 vs. the previous quarter showed a decrement of 36.1 thousand barrels a day mainly due to a lower production of superlight crude oil plus condensates and heavy and light crude oil by 17.6 thousand and 16.6 thousand barrels a day, respectively.
This year has witnessed the convergence of several sources of uncertainty within the financial and commodity markets. These factors have caused high volatility in the price of oil, which has fluctuated, in the year to date, between 75.7 and 91.8 dollars per barrel of Brent.
After 6 months in office, the government has made significant progress in improving the fiscal balance, which in turn resulted in a reduction of monetary issuance and a deceleration of inflation. The challenge now is to consolidate the fiscal s…
Output will grow 2,9% this year (previous forecast: 2,7%), supported by a new pension funds withdrawal. Sectors affected by weather anomalies in 2023 will recover and non-primary sectors too thanks to increased private spending. In 2025, once t…
The cost of capital is vital for renewable energy projects due to high investment needs, policy uncertainty, and early-stage risks. De-risking strategies can lower costs, particularly in developing economies. However, for emerging cleantech, th…
Colombia's economic growth will begin to accelerate gradually during the second half of the year. Domestic demand is expected to consolidate by 2025. Growth is projected at 1.8% in 2024 and 2.8% in 2025. Inflation will continue to decrease, enabling the Central Bank to expedite rate cuts from the end of the year.
The Letta report provides a comprehensive assessment of the European Union's single market and contains a set of policy proposals for its future development. They have the potential to impact the European strategic agenda for the next few years, particularly to strengthen the green transition with targeted recommendations.
Batteries are a vital component of the global energy system, playing a pivotal role in two key sectors for the transition: transport and energy.
Batteries will be pivotal in steering the global energy system towards a net zero emissions scenario. Meeting targets will hinge on whether the world can scale up batteries fast enough.
FDI in Energy between 2006 to 2023, presented peak levels between 2013 to 2018, with 55.3% of investment in this period which coincide to regulatory changes that allowed private participation. The same has plummeted between 2019 and 2023, being…
Commodity prices are front and center in global economic discussions. The last two months have seen the cost of oil rise by around 10%, alongside significant volatility. This has a lot to do with the short-term chaos.
The production of liquid hydrocarbons of Pemex Exploration and Production (PEP) in the first quarter of 2024 vs. the previous quarter showed a decrement of 36 thousand barrels a day mainly due to a lower production of superlight crude oil plus condensates by 29 thousand barrels a day.
