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.
The final decision in the commercial arbitration between Gazprom and Naftogaz Ukrainy, on multiple disputes over their gas supply and transit contracts for 2009-19, was issued late last month. The total claims in the case, which started in 2014 at the Arbitration Institute of the Stockholm Chamber of Commerce, were reported to be higher than […]
This article, published in Gazprom Export Blue Fuel Magazine, examines the consequences of record Russian exports into the EU. If Gazprom’s market share is too high in the future, could this allow the EU to push its new policy agenda?
In this Oxford Energy Podcast David Ledesma interviews Anouk Honore, Senior Research Fellow at the OIES, about the current challenges taking place in gas supply from the Dutch Groningen gas field. The interview discusses the recent earthquakes in the Groningen area of the Netherlands and their impact on the gas production caps on Dutch gas […]
Norwegian net gas production reached a record high of 122 bcm in 2017, confounding many industry observers who had in 2016 and 2017 been sceptical of the ability of the Norwegian Continental Shelf (NCS) to maintain production at 110-115 bcm. In January 2018, the Norwegian Petroleum Directorate (NPD) made significant upward revisions to its gas […]
Gazprom has confounded many expectations by enjoying two record years of gas sales in Europe in 2016 and 2017. External factors have certainly played a role in its success, with overall European demand rebounding, indigenous production continuing to fall and alternative sources of imports failing to deliver at the expected levels (especially LNG). In addition, […]
In this presentation, given at IP Week, Bassam Fattouh discusses the heightened geopolitical risks in the Middle East and North Africa (MENA) and the potential impacts, both short-and long-term, on oil and gas markets. He argues that the nature of geopolitical risks in the region has changed dramatically and that despite the defeat of the […]
The Japanese oil industry and oil policy are undergoing a major transformation due to decreased oil demand and industry rationalization. As recently, as 1997 oil imports in Japan exceeded 5.7 Mb/d making the country the second largest oil consumer in the world. The oil industry itself was highly fragmented and comprised for former national oil […]
The cost of shipping LNG has always been an important element to include in the assessment of new LNG project breakeven economics, or in selecting the optimum destination for a spot cargo of LNG. This Energy Insight was prompted a perception that convenient rules of thumb for LNG transport costs were becoming outdated. Until recently, […]
2018 started on a positive note for oil markets with Brent prices breaking through $70 a barrel for a few days and all the key international crude oil benchmarks flipping into backwardation. Yet, there is still a wide uncertainty engulfing the oil market, with very divergent views among market observers about how the oil price […]
While the market has been focused on short-term issues such as OPEC’s success in rebalancing the market in 2018; its exit strategy after the expiry of the deal; and the risk that the market over-tightens, OPEC and its dominant player Saudi Arabia have been keen to shift the market focus towards the longer term. The […]
In this Oxford Energy Podcast David Ledesma interviews James Henderson, the Director of the Gas Programme at OIES, about his recent paper on developments at the Gas Exchange in St. Petersburg. Written in collaboration with Tatiana Mitrova at the Skolkovo Energy Centre in Moscow, the paper looks at the history of gas trading in Russia, […]
With energy demand in Africa forecast to grow quickly in the coming decades, the prospects of LNG imports have been talked up by many commentators, with Ghana being thought of as one of the brightest prospects. Ghana first began developing its gas market by importing pipeline gas from Nigeria, along the West African Gas Pipeline, […]
Jonathan Stern on European gas supplies: Real crunch time could come early next decade; High Asian demand could dra… https://t.co/b3448r1sCF
Decarbonisation of heat in Europe: implications for natural gas demand https://t.co/M4eVzvMNKm
The Oil Market’s Mixed Price Signals https://t.co/pFDXE9FHHu