Mexicos energy sector in the capable hands of academics: at the end of August 2024, significant changes took place in the leade

Mexico’s energy sector in the capable hands of academics: at the end of August 2024, significant changes took place in the leadership of the country’s key energy company. Víctor Rodríguez was appointed the head of Pemex, which has a debt of $100 billion. He is a distinguished expert and professor at the National Autonomous University of Mexico, and has no experience in the oil and gas industry. President Claudia Sheinbaum’s decision to appoint an academic rather than a renowned crisis manager might seem quite risky. However, in reality, it could mark a new chapter in the history of Pemex. Sheinbaum continues the course of her predecessor Andrés Manuel López Obrador. However, she has shown much greater interest in green energy projects, which promises to become a hallmark of her administration. The appointment of Rodríguez, who specializes in energy policy and planning, as well as energy security, fits well within this concept and is aimed at realizing the potential of the triad “sta... Source: Roscongress Direct