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The Oil and the Middle East Research Programme of the Oxford Institute for Energy Studies was established in 2009. It is dedicated to the advanced study of contemporary oil markets, production, consumption and policy. With a historical focus on the resource-rich economies of the Middle East, research on the Programme...
The Gas Programme, launched in 2003, has become one of the foremost sources of independent academic research on gaseous fuels and their role in the energy economy. The programme has historically focused on natural gas, and while this remains a core strength it is increasingly also turning its attention to...
The OIES Electricity Research Programme was established in 2015. The Programme seeks to inform public and private sector decision-making by improving understanding of the electricity supply chain. The Programme studies the role of public policy, regulation, and markets to support the energy transition, along with implications for end-users, companies and...
Launched in 2019 the OIES China Energy Research Programme, is a center of analytical excellence offering insights into the factors that inform China’s energy policies and choices and their pivotal role in global energy markets. China is the world’s second largest economy, biggest importer of crude oil, the fastest growing...
National commitments to cut greenhouse gas (GHG) emissions currently fall far short of what is needed to meet the goal of the 2015 Paris Agreement to limit global warming to 1.50 C and no more than 20 C. Meeting this goal will require an estimated 45% reduction in global emissions by 2030, reaching net-zero emissions by 2050 with a continuing...
Carbon capture and storage (CCS) involves the trapping of man-made CO2 underground in order to avoid its release into the atmosphere. Because of the scale with which it could be applied, CCS is identified as a critical technology to reduce CO2 emission to achieve global climate goals. The Intergovernmental Panel on Climate Change (IPCC, 2018) shows that most of the...
China’s announcement that it will release oil from its Strategic Petroleum Reserve (SPR), a first such announcement and release, is hugely significant. But its importance stems from the institutionalization of China’s SPR programme rather than the near-term impact on markets and flows. Indeed, the decision to release crude from the SPR follows similar releases of metal and grain reserves, which...
COP26, which is to be held in Glasgow in the first two weeks of November, is set to be a defining moment in global climate negotiations as almost 200 countries come together to review their environmental performance since 2015 and to set new emissions targets for 2030. In this special edition of the Oxford Energy Forum we have gathered the...
In this OIES podcast James Henderson talks to Malcolm Keay, a Senior Research Fellow at OIES, about his article “COP26: This time it’s serious” which was published in the latest edition of the Oxford Energy Forum. Malcolm discusses the history of COP agreements since Kyoto, and in particular focuses on the importance of COP21 in Paris and the agreement reached...
This new OIES presentation looks at the extension of the OPEC+ deal to the end of 2022 and implications on oil markets: Global oil demand has lost some momentum recently, but the fundamentals remain solid where demand is still expected to grow by 5.6 mb/d in 2021 and further 3.3 mb/d in 2022. OPEC+ to unwind the 5.76 mb/d cut...
The new issue of OIES Oil Monthly, including our latest short-term oil market outlook, is now available. This month’s featured In Focus piece focuses on West African crudes and their important role as a bellwether for the strength of the recovery. Given the uncertainties still surrounding the oil market and the prevalence of the view that the market can only...
The focus of the webinar will be both on the overall potential for hydrogen in the region and also on three specific country case studies which will outline both the opportunity and the challenges involved in the development of hydrogen as part of the region’s energy transition. Many South American countries have announced significant hydrogen strategies and a number of projects have been proposed but the issues of cost, technology, infrastructure and financing remain significant obstacles. This webinar will address these key issues and will provide insights and discussion on the future of hydrogen in the region.
Register for the webinar here.
For more information please contact Kate Teasdale
The webinar will address key questions including:
• What role can Carbon Storage, Utilization and Storage (CCUS) play in oil and gas exporters’ low carbon development strategies?
• Do oil and gas exporters have competitive advantage in advancing CCUS?
• What type of regulatory frameworks should be put in place to enable the deployment of CCUS at a large scale?
• How could oil and gas exporters leverage the Paris agreement to develop cost spreading and burden sharing mechanisms to enable CCUS at a global level?
Register for the webinar here.
For more information please contact Kate Teasdale
The workshop will assess the short-term oil market outlook including the distinguishing features of the current cycle, the uneven recovery in global oil demand, the risks around the demand outlook, products demand and refining margins, OPEC+ behaviour and the path ahead, performance of non-OPEC and US shale, geopolitical risks, and global balances.
The day will consist of three sessions:
Session I: Global Oil Demand: Is the recovery on Solid Ground?
Session II: OPEC+: A More Predictable Path Ahead?
Session III: How Constrained is non-OPEC Supply Growth?
For more information please contact Kate Teasdale
📢 Join us ! OIES/FTDT webinar "The role of #hydrogen in the #decarbonisation of #SouthAmerica" 🗓 5th November 2021… https://t.co/8jzfpCj8qs
New OIES podcast: James Henderson talks to Malcolm Keay about his article “#COP26: This time it’s serious” in our l… https://t.co/I0KP7njxlN
OIES paper by Dr Vitaly Yermakov quoted in https://t.co/Ysc8RNyTZp - @NGInews 📄Link to Vitaly’s OIES paper "Big Bo… https://t.co/gH5WheCfAD
WE ARE LIVE IN 1 HOUR! Join our OIES webinar on “#COP26 – Country Perspectives and Ambitions” at 2:00 PM (BST) 👉… https://t.co/ZoqF6DUl5z
Gas Research Programme 
Oil and the Middle East Research Programme 
Electricity Research Programme 
China Energy Research Programme