Although the EU has called over the past decade for gas pipeline promoters to ‘respect EU rules’, these rules had either not been established or were not clear. It was not until March 2017 that a legally binding regulatory framework for the development of incremental (new) pipeline capacity was established, in the form of the […]
Earlier this month, Saudi Aramco announced that from October 2018 it will be changing the pricing formula it uses to price its long-term crude oil sales to Asia. Rather than using the equally weighted average prices for Dubai and Oman as assessed by pricing agency S&P Global Platts (referred to in this article as Platts […]
The growing level of interest displayed in LNG as a marine fuel, driven by both environmental restrictions and economic attractiveness means usage is certain to grow. There is, however, less certainty over the pace and scale of demand growth. This in part is due to the relatively poor data quality on marine fuel usage but […]
The energy landscape is changing rapidly with far-reaching implications for global energy industries and actors, including oil companies and oil-exporting countries. A key issue facing oil companies and oil-exporting countries is how they should now position themselves and how best to be part of the renewables ‘revolution’. In this podcast David Ledesma interviews Rob West, […]
The new energy policy of Moon Jae-In’s administration aims to swing radically from coal and nuclear towards renewables and LNG for power generation. During the last 12 months the priority given to the expansion of renewable energy has been overwhelming and the support for the expansion of gas not as strong as many observers had […]
Resource-rich economies in the Middle East and North Africa (MENA) are pursuing two parallel strategies with regard to their electricity sectors: (i) increasing the role of renewables and integrating them into their power generation mix to mitigate the impact of rising domestic oil and gas demand on their economies and to boost their hydrocarbon export […]
In Issue 2 of the new Quarterly Gas Review series: We show that the biggest reductions in CO2 emissions occur when primary energy consumption is decreased. The change in energy mix towards greener fuels has so far been much less important. One of the main EU 2020 targets was to achieve its CO2 reduction by […]
As the OPEC oil ministers prepare to meet for their bi-annual Ordinary Meeting on 22 June, they are faced with some difficult choices. On the one hand, by extending the output cutbacks amidst a higher risk of output disruptions, OPEC risks overtightening the oil market and pushing oil prices higher, leading to an inevitable demand […]
The DG COMP investigation into Gazprom’s activities in Central and Eastern Europe has been running since 2011 but has recently come to a conclusion. In this Oxford Energy podcast Jonathan Stern and Katja Yafimava discuss the outcome and the implications both for Gazprom’s business in Europe and for the European gas market as a whole. […]
In 2015, Egypt became a net gas importer. This unfortunate, but not unexpected, situation was the result of a decline in Egypt’s indigenous natural gas production combined with a rapidly rising domestic gas demand driven mainly by large energy price subsidies. Major changes are presently taking place on the gas supply side which are significantly […]
In a global gas market, LNG provides diversification and optionality both for producers and consumers. In this presentation, an LNG tightness indicator, designed with the help of Argus Media, is used to aid our understanding of gas markets dynamics, as well as spare capacity calculations published in the first OIES quarterly gas review.
There is a broad consensus that penetration of electric vehicles (EVs) will rise throughout the world, but great uncertainty as to the timing and extent. There is also a growing recognition that automated, shared and electric vehicles (SAEVs) will be an important part of the coming revolution in sustainable mobility. Particularly in combination, shared mobility, automation and […]
In November 2018 we will be holding our annual Oil Day.
The meeting will focus on four main themes:
• IMO 2020 Marine Fuel Sulphur Cap: Impacts on Shipping, Refineries and Petroleum Products Demand
• Insights into the relationship between oil price shocks and demand: Lessons from Previous Cycles
• A Deep Dive into the Russian Oil Sector: Economy, Oil Policy, Companies’ Strategies, and Supply Prospects
• A Deep Dive into the US Shale Rebound: Production, Productivity, Infrastructure and Business Models
In October 2018 we will be holding the 13th Annual Gas Day.
The event, held at St Anne’s College, Oxford, will bring together sponsors of the OIES Natural Gas Research Programme along with invited guests from the academic, media, and corporate sectors.
The event is a forum for debate on natural gas issues of international significance, as well as regional and national issues, for example; gas and LNG in: Europe, Asia, CIS countries, the Middle East and North Africa; Atlantic Basin LNG, gas pricing (in different parts of the world), market reform and regulatory issues.
In November 2018 we will be holding our annual Electricity day.
The meeting will cover three main topics:
Session 1: Why should active consumer participation be at the centre of the energy sector’s development?
Session 2: What market design and regulatory regimes (and reforms) are consistent with active consumer participation?
Session 3: What new business models and strategies can we anticipate involving active consumer participation in electricity markets?
New OIES study on EU rules on gas pipelines: Complexity & lack of clarity in regulatory framework for incremental c… https://t.co/HDgUaRTwGO
Stern on Russia-Ukraine gas transit talks: It is a meaningful step to have established a process; but would be diff… https://t.co/oqkqFtmsaa
Building New Gas Transportation Infrastructure in the EU – what are the rules of the game? https://t.co/dyMFMaUIu9