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CES Updates and In the News

South Korean, Japanese alternative energy ambitions face political hurdles

"More forceful political opposition [will] come if a South Korean or Japanese energy transition were to drive electricity prices as high as those paid in Germany," which are well above those paid by industrial customers anywhere in East Asia, energy fellow Gabriel Collins told Petroleum Economist. | Nov. 5, 2020, 11:50 a.m.

A new kind oil & gas consolidation

"Most people expect that if the industry goes through a consolidation, bigger players will certainly realize some efficiencies but they are not likely to drill as aggressively as smaller independents," said energy fellow Mark Finley. "The business model was ‘drill baby drill.’ It was all about growth. The business model going forward is not going to be about growth, it’s going to be about returns and efficiency.” | Nov. 3, 2020, 9:41 p.m.

Mexico’s Fracking Impasse

“As Mexico dips into a recession, AMLO's nationalistic stance on energy issues could prevent a faster economic recovery,” postdoctoral fellow Adrian Duhalt tells the North American Congress on Latin America. | Oct. 27, 2020, 3:11 p.m.

Explore no more? Upstream Gas Transforms

A transformation in the upstream sector is shifting the industry's focus to proved, developed and producing resources. "It is more of a manufacturing process now than anything else, so the whole game is technical and financial excellence,” said energy fellow Mark Finley. "People who can drill the best wells, do the best frack jobs at the lowest cost are the ones who are going to win." | Oct. 13, 2020, 11:09 a.m.