Coverage

Stable oil prices bode well for O&G project finance

Stable oil prices bode well for O&G project finance

25 May 2017

Project finance opportunities in much of Latin America’s oil and gas space are promising, but corruption-embattled Brazil and its heavily indebted state-owned energy company Petrobras may serve as a cautionary tale for Mexico and other countries eager to develop the sector, heard delegates at Latin Lawyer’s 8th Annual Oil & Gas Conference, held last week in Mexico City.

Trump may be good for LatAm's energy space

Trump may be good for LatAm's energy space

19 May 2017

President Donald Trump's deregulation efforts will have little impact on oil and gas investment in the US and any production gains they do produce could benefit rather than harm the country's big export markets, especially Mexico, agreed panellists speaking at Latin Lawyer's 8th annual oil & gas conference, held yesterday in Mexico City.

Lawyers split on LatAm's regulatory attractiveness for O&G

Lawyers split on LatAm's regulatory attractiveness for O&G

31 May 2017

Oil prices between US$50 and US$60 per barrel will draw foreign businesses to invest in Latin America’s oil and gas space, but regulatory inefficiency may divert investment outside the region, delegates heard at Latin Lawyer’s 8th Annual Oil & Gas Conference, held earlier this month in Mexico City. 

Mexico’s downstream opportunities in retail, not refining, say panellists

Mexico’s downstream opportunities in retail, not refining, say panellists

08 June 2017

Despite the liberalisation of Mexico’s energy sector, the country’s proximity to the vast US refining network means there are few investment opportunities in building refineries, heard delegates at Latin Lawyer's 8th annual oil and gas conference, held last month in Mexico City.

Chairs

Carlos Solé

Baker Botts, Houston

Carlos Solé serves as co-chair of the firm’s Latin America practice and concentrates his practice on domestic and international corporate and finance transactions, with a particular focus on the energy industry. Mr. Solé represents clients in the structuring, negotiation and documentation of a diverse range of energy-related project development, merger and acquisition, financing and commodity sales transactions in the natural gas, petroleum and power sectors.

Enrique González Calvillo

Gonzalez Calvillo, Mexico City

Cross-border international transactions with emphasis in Energy, Power Generation, M&A’s and Joint Ventures. International commercial arbitration, acting in a wide variety of commercial disputes, under the auspices of the ICC, the AAA’s International Centre for Dispute Resolution and the Center of Commercial Mediation and Arbitration of the National Chamber of Commerce in Mexico City. Alternate Representative for Mexico in the Commercial Dispute Consulting Committee created under the North American Free Trade Agreement.

Keynotes

Montserrat Ramiro

Commissioner, Energy Regulatory Commission, Mexico City

Speakers

Eduardo Camero Godínez

Head, Non-Tax-Revenue Policy Unit, Ministry of Finance, Mexico City

Juan Carlos Serra

Basham, Ringe y Correa, Mexico City

Claudette Christian

Hogan Lovells, Rio de Janeiro and São Paulo

Ned Crady

Baker Botts, Houston

David Enríquez

Goodrich, Riquelme y Asociados, Mexico City

Alejandro Faya Rodriguez

Commissioner, Federal Economic Competition Commission (COFECE), Mexico City

Guilherme Forbes

Stocche Forbes, São Paulo

Juan Francisco Mackenna

Carey y Cía, Santiago

Chantal Kordula

Cleary Gottlieb Steen & Hamilton, New York

Giovani Loss

Mattos Filho, Rio de Janeiro

Sudan Maccio

McCullough Sudan, Houston

Jeff Makholm

NERA Economic Consulting, Boston

Diana Maria Pineda Esteban

González Calvillo, Mexico City

Jorge Mauricio Di Sciullo Ursini

Director General, Legal & Fiduciary Affairs, Bancomext, Mexico City

Carlos Ochoa

Holland & Knight, Mexico City

Marcelo Páramo Fernández

DLA Piper, Mexico City

Carlos Pascual

Senior Vice President, Global Energy, IHS Markit, and former US Ambassador to Mexico, Washington, DC

Arturo Pera

Marval, O'Farrell & Mairal, Buenos Aires

Noreen Tama

Counsel, ExxonMobil, Houston

William Wood

Norton Rose Fulbright, Houston

Javier Zambrano Gonzalez

Director, Jaguar Exploración y Producción, Mexico City

Programme

9.00: Welcome coffee and registration

9.30: Chairs’ welcome

Carlos Solé, Baker Botts, Houston
Enrique González Calvillo, Gonzalez Calvillo, Mexico City

9.45: Keynote speaker

Montserrat Ramiro, Commissioner, Energy Regulatory Commission, Mexico City

10.15: Session one: What does the Trump administration mean for the energy sector in Latin America?

America’s 45th president has promised to increase US oil and natural gas production by expanding access to federal land. Donald Trump wants to lessen what he sees as a regulatory burden on the US energy sector to promote increased production levels. What risks and opportunities does a Trump presidency pose for Latin American energy?

Moderator:
William Wood, Norton Rose Fulbright, Houston

Panel:
Carlos Pascual, Senior Vice President, Global Energy, IHS Markit, and former US Ambassador to Mexico, Washington, DC
Ned Crady, Baker Botts, Houston
Diana Maria Pineda Esteban, Gonzalez Calvillo, Mexico City
Juan Francisco Mackenna, Carey y Cía, Santiago

11.15: Coffee break

11.40: Session two: Upstream and midstream update: Incentives and challenges for direct investment in Latin American infrastructure

Volatile oil prices have had a negative impact on hydrocarbon-rich states across the world. With the price of oil half what it was a few years ago, some upstream and midstream projects simply no longer make financial sense. Meanwhile, some of the biggest anticorruption investigations taking place in Latin America centre on oil and gas companies. What does the uncertain price of oil mean for investment in Latin America’s oil and gas infrastructure? And what other specific challenges and opportunities do oil and gas-producing countries face?

Moderator:
Claudette Christian, Hogan Lovells, Rio de Janeiro and São Paulo

Panel:
Sudan Maccio, McCullough Sudan, Houston
Chantal Kordula, Cleary Gottlieb Steen & Hamilton, New York
Javier Zambrano Gonzalez, Director, Jaguar Exploración y Producción, Mexico City
David Enríquez, Goodrich, Riquelme y Asociados, Mexico City

12.40: Coffee break

13.00: Session three: The new paradigm for the downstream sector and the gasoline market in Mexico

With Pemex’s monopoly no more, how well will Mexico’s state-owned energy company fare now it has to compete against incoming foreign competition? The removal of fuel subsidiaries means gasoline prices are dramatically rising in Mexico, attracting interest from foreign investors. But building refineries from scratch is a tall order – especially when prospective investors know all the infrastructure is in place already over the US border. How can Peña Nieto convince investors to come to Mexico?

Moderator:
Carlos Ochoa, Holland & Knight, Mexico City

Panel:
Noreen Tama, Counsel, ExxonMobil, Houston 
Juan Carlos Serra, Basham, Ringe y Correa, Mexico City
Eduardo Camero Godínez, Head, Non-Tax-Revenue Policy Unit, Ministry of Finance, Mexico City

14.00: Networking lunch

15.00: Session four: Financing energy projects in Latin America

This panel examines the latest trends in project finance, an area intertwined with the energy sector. Brazil’s political and economic crisis has changed the way companies think about debt, prompting some borrowers to restructure credit agreements funding oil and gas projects. In Mexico, foreign investment is fuelling an unprecedented expansion of the pipeline network. Meanwhile, governments in Colombia and Peru are prioritising big spends in transport infrastructure improvements.

Moderator:
Enrique González Calvillo, Gonzalez Calvillo, Mexico City

Panel:
Jorge Mauricio Di Sciullo Ursini, Director General, Legal & Fiduciary Affairs, Bancomext, Mexico City
Carlos Solé, Baker Botts, Houston 
Guilherme Forbes, Stocche Forbes, São Paulo 

16.00: Coffee break

16.30: Open panel: The new market conditions in Latin America’s energy space

This open session invites the auditorium to analyse recent political changes and their impact on oil and gas. Antitrust developments across the region mean Latin America’s energy sector looks very different to the way it did just a few years ago. Mexico, Argentina and Brazil have all passed new legislation encouraging private investment in their energy markets. The panel will feature updates from all three – as well as insights into other developments changing the face of Latin America’s energy space. Delegates are invited to submit their questions to the panel.

Moderator:
Marcelo Páramo Fernández, DLA Piper, Mexico City

Panel:
Alejandro Faya Rodriguez, Commissioner, Federal Economic Competition Commission (COFECE), Mexico City
Giovani Loss, Mattos Filho, Rio de Janeiro
Arturo Pera, Marval, O'Farrell & Mairal, Buenos Aires
Jeff Makholm, NERA Economic Consulting, Boston

17.30 Chairs' closing remarks

Carlos Solé, Baker Botts, Houston
Enrique González Calvillo, Gonzalez Calvillo, Mexico City

17.40 onwards: All delegates are invited to attend a drinks reception kindly hosted by Norton Rose Fulbright

Venue

The St. Regis Mexico City Paseo de la Reforma 439, Colonia Cuauhtemoc Mexico City, 06500, Mexico

Testimonials

  • "Overall content was good. Panels provided open and direct discussions concerning the topics." J David Morgan, Baker & O'Brien

  • "Content was clarifying and interesting, material is complete and up to date" Adriana Tejeda, Red Bull

  • "Very deep and broad analysis of expert people you can rest assured are the best in the field" Juan Mackenna, Carey y Cía

Prices

Private Practitioner
Type Price Until
Super Early $USD 700  7 Apr 2017
Early $USD 800 5 May 2017
Standard $USD 950 17 May 2017

 

In-house/governmental
Type Price Until
Super Early $USD 250 18 May 2017