A Local Content policy is of strategic importance to a country because of the lasting benefits it brings to the nation, such as enhancing the domestic industry and generating more income and jobs for the population. Additionally, the encompassing nature of oil and gas activities allows for the involvement of several industries that work beyond the oil and gas sector, ultimately bringing positive impacts to the entire domestic industrial output of a country.
Each May, the Institute of the Americas convenes the La Jolla Conference to foster debate and dialogue on our hemisphere’s most critical energy policy and investment themes. And each year 2-3 topics dominate the conference’s formal presentations, panel discussions, off-the-record roundtables, and cocktail banter. That the uncertainty gripping the globe has not spared Latin America was crystal clear as participants gathered for the XXVI annual La Jolla Conference on May 24-25.
La reforma energética de México es, ahora más que nunca, un tema de suma importancia gracias a su rápida evolución y progreso.
Consolidación de la Reforma para Petróleo y Gas en México
Since taking office, President Mauricio Macri has taken clear aim at the role of the country’s energy sector, particularly as his government continues on a path to regain investment and remove the country’s international stigma.
Toward a 21st Century Energy Market: U.S.-Latin America Dialogue & Leveraging Lessons from the United States
The purpose of this paper is to review some of the key issues and trends related to energy in the United States, with particular attention to the electricity sector and to the development of shale oil and gas, in order to set the basis for a meaningful dialogue between the U.S. and Latin America on emerging energy issues. The U.S. experience in the electricity sector and in the development of shale oil and gas offers many rich examples of how the complex relationships between markets, technology, regulation, and public policy can play out, and also of how markets are being constrained, challenged, and forced to innovate by new technology developments and public policy pronouncements.
The story of Mexico’s paradigm shift in energy policy is nothing short of extraordinary. The breadth and depth of the reform, the dramatic break with the past, and the positive long-term impact on Mexico’s economy are of course remarkable, but the story of the political process is also worthy of recognition.
Argentina: Poised for Energy Growth