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.
Michal Meidan, a research associate at OIES and leading China analyst at Energy Aspects, discusses the current state of the Chinese gas market and the prospects for future growth. The recent rebound in LNG demand in China and the renewed government focus on air quality and the environment has encouraged a more positive view of […]
Thierry Bros on the impact of the arrival of a new competitor (US LNG) on European prices where Gazprom has a sizeable market share and hence real market power, at the November 2017 Energetika Conference in St Petersburg.
From mid-2014 Kuwait has experienced a substantial drop in its oil export price and, consequently, government revenue, causing a severe fiscal deficit and impaired economic performance. Cutting energy subsidies has become a policy priority. In the face of widespread opposition, the government raised gasoline prices in August 2016, proclaiming such reform key to solving its […]
The 2014 oil price downturn caused the US unconventional oil and gas industry to undertake an array of cost-cutting measures affecting both capital and operational expenditures. Focus shifted towards operational efficiency, well design, and the maximization of each dollar spent, and away from the gold rush mentality that had characterized the former $100/bl price environment. […]
Resource-rich countries in the Middle East and North Africa (MENA) region, especially Gulf countries – Kuwait, Iran, Iraq, Bahrain, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) – are increasingly inserting local content requirements (LCRs) into their legal framework, through legislation, regulations, guidelines, industry contracts and bidding practices. Despite the clear and uniform […]
In a world of low commodity prices the potential for conflict between hydrocarbon producers and governments over tax revenues is exacerbated. In Russia this is even more true because the state relies so heavily on taxes from the oil and gas sectors and because producers are increasingly having to invest in new more remote assets […]
In the first of our OIES Energy Podcast series David Ledesma interviews Tatiana Mitrova, an OIES Visiting Research Fellow, on the topic of Russian Gas. They discuss Gazprom’s export strategy, the current state of the domestic market in Russia, the politics of Russian gas in Europe and the potential impact of Russian gas on the […]
In recent years, the debate on electricity market design in the EU has focused on the fitness-for-purpose of the existing dominant design, the appropriateness of energy policy that underpins the existing market design, and on the process through which energy policy is coordinated with market design. In this paper, we contribute to this debate on […]
On 12 June 2017 the European Commission (EC) asked the Council of the European Union (EU) (Council) for a mandate to negotiate an agreement with the Russian government on the operation of the Nord Stream 2 pipeline. On 27 September 2017 the Council’s legal service delivered an opinion, which stated that there is no legal […]
In this written submission to the Inquiry into the implications of Brexit for energy security in the UK by the EU Energy and Environment Sub-Committee of the House of Lords, we conclude that Brexit could have an impact on interconnecting-pipeline regulations. The use and value of these infrastructures could be affected by negotiations, leading to some […]
Oil rents have been central to shaping the political economy of the Gulf Corporation Council (GCC) countries. The basic analytical framework for analyzing the impacts of rents remains the Rentier State Theory (RST) despite some important refinements to this theory over the years. However, an area that has received little attention in the literature is the process […]
An OIES study (Saudi Arabia: Shifting the Goal Posts) cited in a new article in The Economist on OPEC long-term all… https://t.co/K1iuNCK1b4
Heightened Geopolitical Risks in the Middle East and Potential Impacts on Oil Markets https://t.co/ur8Q0PxXit
A new OIES paper on evolution of Japanese oil industry: Considering that demand for refined petroleum products will… https://t.co/jwajCfNQI4