Founded in 1982, the Oxford Institute for Energy Studies is a Recognized Independent Centre of the University of Oxford.
Its unique multidisciplinary expertise allows it to examine the economics, the politics and the sociology of energy with a focus on oil and natural gas. Its research spans the international relations between producers and consumers of energy; the economic development of producing nations and the geo-political aspects of all these issues alongside the economics and politics of the environment in relation to energy, including climate change. The Institute’s intellectual independence places it firmly at the centre of the dialogue between consumers and producers, government and industry, academics and policy makers. The Institute serves a worldwide audience with its research and continues to inform understanding of all major energy issues today.
The European Commission has unveiled its plan for “an Energy Union”, an initiative triggered by the Ukraine crisis’ implications for gas security, but which has now taken on a far wider dimension. It appears to have political momentum, although it lacks crucial detail, especially on governance and supervision of the many proposed improvements. Nonetheless, it […]Download the Publication .pdf 0KB
Energy subsidies are among the most pervasive, and most controversial fiscal policy tools in the Middle East and North Africa (MENA). In a region with few functioning social welfare systems, subsidized energy prices continue to form an important social safety net, albeit a highly costly and inefficient one. In the MENA region’s oil and gas […]Download the Publication .pdf 0KB
In this report published by the German Marshall Fund of the United States, Bassam Fattouh and Laura El-Katiri examines the prospects of Lebanon turning into a natural producer and exporter. Lebanon’s exclusive economic zone forms part of the Levant Basin, which has been estimated to hold up to 122 trillion cubic feet of recoverable natural […]
Over the past decade, China has become a key driver of global oil demand growth. As China’s GDP growth increased at double-digit rates, oil demand growth increased by an average 0.5 mb/d between 2003 and 2012. Over the same period, China accounted for two-thirds of global oil demand growth. Thus, any changes in China’s energy […]Download the Publication .pdf 0KB
Electricity Supply Interruptions – Sectoral Interdependencies and the Cost of Energy Not Served for the Scottish Economy
The power sector has a central role in modern economies and other interdependent infrastructures rely heavily upon secure electricity supplies. Due to interdependencies, major electricity supply interruptions result in cascading effects in other sectors of the economy. This paper investigates the economic effects of large power supply disruptions taking such interdependencies into account. We apply […]Download the Publication .pdf 0KB
Published: 4th February 2015
By: David Robinson
The 20th session of the Conference of the Parties to the UN Framework on Climate Change (COP 20) recently concluded in Lima, Peru. It was the last COP before the Paris Climate Change Conference, to be held in December 2015, when the parties are expected to sign a universal agreement that would take effect from […]Download the Publication .pdf 0KB
The most common business structures in the industry today are either production sharing contracts (PSCs) or royalty/tax systems (R/Ts). Roughly half of the governments of this world use PSCs and the rest use R/Ts. While these systems are fundamentally different from philosophical and legal perspectives, their structures are dramatically similar from financial, economic, and accounting […]Download the Publication .pdf 0KB
Recent changes in international oil prices have highlighted the issue of petroleum product pricing reforms in a number of non-OECD economies, particularly as the non-OECD now accounts for the bulk of the global growth in consumption of petroleum products. In 2014, oil demand from the non-OECD is predicted to overtake OECD oil demand for the […]Download the Publication .pdf 0KB