This paper addresses the expanding energy cooperation between Russia and China in the context of the political and commercial relationship between the two countries. It assesses progress during the post-Soviet era, but focuses especially on the past two years since sanctions were imposed on Russia by the US and the EU. It attempts to analyse […]
Structural reforms outlined in Vision 2030 are much needed to shift the economy to a more sustainable path and even if only a small part of Vision 2030 is being implemented, the Saudi economy will look very different in 2030 than it does now. The key question is whether these changes will have a substantial […]
In a recent paper we investigate the problem of incentivising flexibility in electricity markets. As the share of intermittent renewable energy increases in the generation mix, power systems are exposed to greater levels of uncertainty and risk, which requires planners, policy and business decision makers to incentivise flexibility, that is: their adaptability to unforeseen variations […]
Ukraine’s residential and district heating sectors epitomise a well-known set of problems faced in former Soviet countries: outworn infrastructure, heavily subsidised pricing structures and inefficient consumption. This paper seeks to ascertain the potential of reforms that have now begun, focused on bringing prices to import price parity. It provides estimates of the potential gas savings […]
This paper addresses the gas supply squeeze that has arisen in Azerbaijan. It covers the increase in demand in the domestic market, and Georgia and Turkey, and the unforeseen decline in the legacy state-operated fields, that have combined to produce the problem. It discusses the extent to which the shortage of supply may continue into […]
In order to fulfil its aspiration to become a middle-income country, Tanzania is working on improving infrastructure and service delivery in electricity provision, where $40 billion investment is needed in the sector to meet rising demand and widening electrification efforts from 2013 to 2035. This paper considers the institutional arrangements for investment in Tanzania’s power […]
This issue of Oxford Energy Forum (OEF) looks at the Paris Agreement (which came out of COP21 – the 21st Conference of Parties under the United Nations Framework Convention on Climate Change) along with its implications for individual energy sources, for particular countries and regions, and for specific policy areas. Perhaps most striking is the […]
The complementarity between electricity systems of the north and south Mediterranean basin along with the need for diversification of energy resources and optimisation of energy systems are among the reasons for greater electricity trade and cross-border integration in the region. However, development of cross-border interconnection in the Mediterranean basin requires a business model which provides […]
China’s 13th Five Year Plan (13FYP) outlines the country’s economic transformation for the coming five years and beyond. As the main blueprint for China’s ‘rebalancing’, it will impact economic growth and energy demand patterns. China’s economic growth is slowing, and the economy is now clearly shifting from an export oriented growth path to a more […]
The new Japanese LNG Strategy published in May 2016 envisages the creation of a liquid market and an international LNG hub in Japan. This promises to radically change the traditional JCC (crude oil) based pricing system in Japan, but also potentially in the Pacific Basin as a whole. But the path to hub creation and […]
The sharp fall in the oil price has divided views about the nature of the latest oil price cycle. Some argue that the oil market has been subject to structural shocks that have created a ‘new global oil order’ and that we have entered a world of ‘low oil prices for much longer’. Others are […]
Despite being one of Europe’s largest pipeline natural gas suppliers and the original and still very active supplier of liquefied natural gas (LNG) worldwide, Algeria has received limited serious attention as an exporter of gas in recent years. One reason may be that the country’s key role has somewhat been eclipsed by new developments in […]
We are sad to announce that Robert Mabro, the founder of the Oxford Institute for Energy Studies, has died. Robert founded the Oxford Energy Policy Club in 1976, the Oxford Energy Seminar in 1979 and the Oxford Institute for Energy Studies in 1982.
The fact that these institutions still thrive today is testament to his strong leadership, deep vision, sheer determination, great intellectual ability and not least his extraordinary bonhomie. Over his long career, Robert enriched our understanding of energy markets, the behaviour of the various players, the dynamics within OPEC, and the interaction between governments and oil companies. With his writing and through the various institutions he created, he persistently tried to bring producers and consumers closer together, despite his recognition of the challenges involved and the wide divergence of interests.
He was an intellectual, a diplomat, the interlocutor, the friend, and above all, the generous intellectual and thinker whose deep insights and intellectual integrity will keep shaping and influencing our ideas.
He built a truly remarkable and dynamic institution in OIES; it provides a unique atmosphere for reflection and an arena for the rare opportunity to engage in honest intellectual debate. He leaves behind a legacy of iconic accomplishments in the field and an emptiness in the hearts of all those who came to know him, and who, invariably, admired and loved him.
He will be dearly missed and we are privileged to carry on his legacy.
The Institute’s multidisciplinary expertise in oil, natural gas and electricity, allows it to carry out unique analysis of current energy issues across production, consumption, markets and policy. Its research spans the supply and demand dynamics of global, regional and domestic energy markets; the key factors shaping energy policy in developed, developing and resource-rich countries and their interaction with other agendas, such as energy security, climate change, energy sector reform; and the structure of energy markets and their evolution.
The Institute’s intellectual independence and high quality research place it firmly at the centre of the energy debate.Its publications have a global reach and serve a diverse audience that includes consumers, producers, government, industry, academics, media and policy makers. Research output is disseminated through the publication of books, research papers, and comments as well as high quality workshops and direct interaction with governments, industry, policymakers and academics.
'US shale fastest to respond to oil price decline' B Fattouh presents on oil market dynamics @SydbankDK Copenhagen https://t.co/wYTitToNkP
Figure from a new OIES study on Russia-China energy relations https://t.co/mnJ1cRVVnK https://t.co/VwbVzdjpnw
.@katyafimava Polish objection may well not be last hurdle that #Nordstream2 would have to overcome @AAEnergyNews https://t.co/UBbQ5O3IQm