Last month, China released its 14th Five-Year Plan (2021-2025) for the energy sector. While clean and low-carbon may be the keywords on paper, in reality, Beijing will continue rely on coal to power its economy and energy transitions, writes the author. Read the post on the Baker Institute Blog.
Why did Mexico’s state-owned PEMEX buy a Houston-area oil refinery this week, when many other oil companies are moving away from fossil fuels? Post-doctoral energy fellow Adrian Duhalt explains in the Baker Institute Blog.
Texans served by regulated electricity markets, especially by electric cooperatives, were much more satisfied with their providers’ performance during Winter Storm Uri than those in deregulated markets. In this post for the Baker Institute Blog, the authors offer possible explanations for the contrast in favorability.
Mark P. Jones, Pablo M. Pinto, Renee Cross, Kirk P. WatsonMay 11, 2021
Despite the demand for policies that mitigate the impact of severe weather, a majority of Texans seem opposed to one that requires consumers to pay for reserve electrical generation capacity.
Mark P. Jones, Pablo M. Pinto, Renee Cross, Kirk P. WatsonMarch 30, 2021
The oil boom in the 1970s and early 1980s and the resulting social and economic crisis left policymakers with valuable lessons that — considering today’s conversation on the role of the oil industry in Mexico — should not be overlooked.
The oil glut and the unprecedented drop in demand, along with plummeting oil prices due to the coronavirus pandemic, is revealing the strengths and weaknesses of oil firms globally. The authors consider four NOCs — Ecopetrol, Petrobras, Petronas and Pemex — in the context of the current crisis.
Mexico is gradually laying the foundation for an oil and gas sector where private—along with some state-owned—international companies are taking central stage. However, authorities should not ignore the necessity of developing a domestic oil and gas sector, writes Adrian Duhalt in a post for the Baker Institute blog.
Media reports that Pemex, Mexico's state-owned petroleum company, is looking for buyers for its fertilizer subsidiary may indicate that it is seeking to scale down operations by selling assets and, perhaps more importantly, to withdraw from an economic activity seen as strategic in reducing Mexico´s dependency on imports of basic staples such as corn.