Latin America Oil & Gas Views

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Reform Could Go Beyond Profit Sharing

The Mexican government could introduce an oil reform that could go beyond planned profit-sharing contracts, according to two senior officials from the ruling Institutional Revolutionary Party (PRI).

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Downbeat Outlook On Downstream Sector

While we forecast an uptick in Venezuela's nameplate refining capacity, from 1.3mn b/d in 2012 to 1.5mn b/d in 2017, this is well below the level implied by PdVSA's number of planned projects. Our...

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