Gas Research Programme

Quarterly Gas Review – Issue 16

Oil and the Middle East Research Programme

Key Themes for the Global Energy Economy in 2022

Electricity Research Programme

Key Themes for the Global Energy Economy in 2022

China Energy Research Programme

Key Themes for the Global Energy Economy in 2022

Energy Transition Research Initiative

Cost-competitive green hydrogen: how to lower the cost of electrolysers?

The Oxford Institute for Energy Studies is a world leading independent energy research institute specialising in advanced research into the economics and geopolitics of the energy transition and international energy across oil, gas and electricity markets

  • Energy Transition Research Initiative

    OIES is developing research modules on topics that are relevant to the energy transition with particular focus on the process and implications of shifting from the existing hydrocarbon-dominated energy economy to a new system in which low-carbon energy sources and abated use of hydrocarbons will play a much greater role.

    view programme →
  • Gas Research 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...

    view programme →
  • Electricity Research Programme

    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...

    view programme →
  • Oil & the Middle East Research Programme

    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...

    view programme →
  • China Energy Research Programme

    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...

    view programme →

Latest Research Papers

The higher cost of green hydrogen in comparison to its competitors is the most important barrier to its increased use. Although the cost of renewable electricity is considered to be the key obstacle, challenges associated with electrolysers are another major issue that have important implications for the cost reduction of green hydrogen. This paper analyses the electrolysis process from technological,...

Latest Energy Insights

The dramatic rise in European, and indeed in global, gas prices over the summer of 2021, leading to unprecedented prices in Q4, has been the subject of much debate. Is it simply a market reflection of stronger than expected demand and weaker than expected supplies? Or is it a step change in the context of the energy transition and uncertainties...

Latest Energy Comments

Protest in Kazakhstan in January 2022 escalated rapidly. Kazakh, and invited CTSO, armed forces intervened to confront protesters and protect Government buildings. So far these events have not affected export and transit flows of crude oil and gas, and the risk of them doing so is currently judged as low. If it emerges that what has happened has been more...

Latest Oxford Energy Forum

Carbon capture and storage (CCS) involves the trapping of man-made CO2 underground 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 emissions to achieve global climate goals. The Intergovernmental Panel on Climate Change (IPCC) shows that most of the 1.5°C pathways assume...

Latest Podcasts

In this podcast David Ledesma discusses with Mike Fulwood, Jack Sharples and Katja Yafimava the latest OIES Quarterly Gas Review that takes an in-depth look at the impact on the European gas market of recent geopolitical tensions between Russia and the West over the Russian build-up of troops close to the Ukrainian border as well as the regular short-term gas...

Latest Presentations

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...

Latest Oil Monthly

The new issue of OIES Oil Monthly, including our latest short-term oil market outlook to 2023, is now available. This month’s featured In Focus piece focuses on the key features of OPEC+ in the current cycle, the new dynamics emerging and the factors shaping its next move ahead. The decisions and measures made by OPEC+ over the past few months...

OIES China Energy Programme Webinar

China’s national carbon market: A review of 2021 and outlook for 2022

26 January 2022

Following the ETS’s first compliance cycle, the speakers will review the national carbon market in 2021 outlining some of the key trading activities and discuss the outlook for 2022. They will focus on the next steps for the carbon market, its expansion to other sectors and the challenges ahead. The speakers will also offer their view on the outlook for carbon prices in China. Finally, the discussion will assess whether China’s ETS is gearing up for the EU carbon border adjustment mechanism (CBAM) and the role it plays in helping achieve China’s carbon neutrality pledge.

For more information please contact Kate Teasdale

OIES Workshop

Short-term Prospects for US Shale

7 February 2022

The workshop will address key questions including:

• Will US shale surprise on the upside in 2022?
• Will US shale producers’ capital discipline continue? What factors could cause a shift in their behaviour?
• Is ESG impacting investment in the sector?
• Can US shale achieve further productivity gains?
• Can growth be achieved outside the Permian basin?
• Has US shale players approach to hedging changed?
• What role did Drilled but Uncompleted Wells (DUCs) play in the recent increase in production and what are the challenges in replenishing DUCs?

For more information please contact Kate Teasdale

OIES Webinar

Methane Emissions: measurement, reporting and verification and carbon neutral LNG

22 February 2022

In this OIES webinar Professor Jonathan Stern will discuss the findings from his latest paper, entitled “Measuring, Reporting and Verification of Methane Emissions from Natural Gas and LNG Trade.” Following the signing of the Global Methane Pledge at COP26 and the publication of the EU Methane Strategy the topic of methane emissions has become a priority for the energy sector, and Prof. Stern will discuss the need for companies to be transparent and rigorous in their analysis of the problem. He will also consider the examples of the six major pipeline gas and LNG suppliers to Europe in the context of the EU’s proposal to introduce a Regulation with a methane standard for imports. He will be joined by Fiji George, Senior Director Climate & Sustainability at Cheniere Energy to discuss the implications for US LNG exporters and the challenges in establishing the emissions in the LNG value chain.

For more information please contact Kate Teasdale