Publications
The results of OIES research is published as working papers, energy comments, presentations and articles as well as commercially published books and monographs.
The views expressed in all OIES publications are those of the authors and do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its Members.
Is a Russian Domestic Gas Bubble Emerging?
Published: 26th March 2012| By: James Henderson
Recent forecasts for gas supply in Russia produced by Novatek and Gazprom highlight the large amount of gas available to meet demand in the next 10 years and also point to contrasting views about which companies’ production may be preferred in a potentially oversupplied market place. In light of this potential oversupply situation, it is [...]
Download the Publication 256.11KBCategories / Country and Regional Studies, Energy Comments, Energy Comments, Energy Policy, Gas, Gas Programme
Submissions to the Green Climate Fund Board
Published: 21st March 2012| By: Kate Teasdale
The Green Climate Fund was established at Cancun in December 2010 as part of the effort to reform the financial mechanism of the UN Framework Convention on Climate Change. Its Instrument was adopted in Durban in December 2011. Its involves observers from academia, NGOs and the private sector and takes in to account submissions by [...]
Categories / Articles & Submissions
The Dubai Benchmark and its Role in the International Oil Pricing System
Published: 6th March 2012| By: Bassam Fattouh
Despite the existence of other regional crudes with a much larger physical base, more than 25 years have now passed, and most cargoes from the Gulf destined for Asia are still priced against Dubai. Nevertheless, the nature of the Dubai benchmark has evolved and many of the institutional and pricing details have witnessed major transformations, [...]
Download the Publication 676.59KBCategories / Energy Comments, Energy Comments, Energy Economics, Oil, Oil & Middle East Programme
Brent prices: Impact of PRA methodology on price formation
Published: 6th March 2012| By: Christophe Barret
Oil prices are largely formed at the junction of the financial sphere and the physical sphere. This is particularly true for the main markers, such as Brent prices. The term “Brent prices” may refer to several type of contracts (see, for example, Bossley 1999) traded by physical and financial participants. The main contracts interacting in [...]
Download the Publication 882.24KBCategories / Energy Comments, Energy Comments, Energy Economics, Oil, Oil & Middle East Programme
From Confrontation to Collaboration? CBDR and the EU ETS aviation dispute with developing countries
Published: 2nd March 2012| By: Benito Müller
This Oxford Energy and Environment Brief is the first of two papers by Benito Müller on the theme of ‘Equity and the Durban Platform’ as recently presented at the Centre for Policy Research in New Delhi. The Brief focuses on the question of how to operationalize the principle of common but differentiated responsibilities and respective [...]
Download the Publication 346.29KBCategories / Energy and the Environment, Energy Comments, Energy Economics, Finance
Energy Subsidies in the Arab World
Published: 21st February 2012| By: Bassam Fattouh, Laura El-Katiri
This paper, authored by Bassam Fattouh and Laura El-Katiri and published by the United Nations Development Programme, explores the issue of energy subsidies in the Arab World. The authors argue that while energy subsidies may be seen as achieving social objectives (such as expanding energy access and protecting poor households’ incomes); economic objectives (such as [...]
Categories / Country and Regional Studies, Energy Policy, Oil, Oil & Middle East Programme, Working Papers
On Oil Embargos and the Myth of the Iranian Oil Weapon
Published: 10th February 2012| By: Laura El-Katiri, Bassam Fattouh
The exchange of threats between Iran and the West vis-à-vis Iranian oil exports to European and other consumer countries has received wide attention among policy makers and analysts; IMF officials predict that crude oil prices could increase by as much as 30 percent in case of a halt of Iran’s exports to OECD countries, and [...]
Download the Publication 120.62KBCategories / Country and Regional Studies, Energy Comments, Energy Comments, Energy Policy, Energy Security, Gas, Oil, Oil & Middle East Programme
Natural Gas Price Volatility in the UK and North America
Published: 2nd February 2012| By: Sofya Alterman
Lacking a commonly held definition, volatility is an often over-generalised term with different meanings to different constituencies. This does not detract from the importance of the subject. To traders volatility is a source of revenue, to energy intensive industrial end-users it is often perceived as a threat. Midstream utilities actively work to risk-manage volatility in [...]
Download the Publication 1.65MBCategories / Country and Regional Studies, Energy Economics, Gas, Gas Programme, Oil, Working Papers, Working Papers
Issue 86, November 2011
Published: 31st January 2012| By: OIES
Technological Challenges and Developments by Ivan Sandrea, David Bamford, Petrobras and Boston Consulting Group, Michelle Michot Foss, Trisha Curtis, Samer Ashgar, Robert G. Skinner, Franz B. Ehrhardt, Tara Shirvani and Oliver R. Inderwildi.
Download the Publication 587.39KBCategories / Oxford Energy Forum
Rosneft – On the Road to Global NOC Status?
Published: 19th January 2012| By: James Henderson
Since the election of Vladimir Putin as president of Russia in 2000 Rosneft has become one of the cornerstones of the strategy for the Russian state to retake control over the ‘commanding heights’ of the economy, and in particular the energy sector. However, having now established itself as a global-scale oil company, Rosneft faces a [...]
Download the Publication 497.17KBCategories / Country and Regional Studies, Energy Economics, Finance, Oil, Oil & Middle East Programme, Working Papers, Working Papers