OIES researchers publish in peer-reviewed academic journals as well as producing or authoring policy briefs, technical reports, and op-eds. Below is a selection of non-OIES publications by OIES staff.
Natural gas is a very significant energy source. In 2001, world production reached 2,218 million tonnes of oil equivalent, slightly less than coal (2,248 mtoe) and about 62 per cent of the amount of oil production (3,585 mt). The share of gas in the primary energy balance stood at just below 25 per cent in […]
The England & Wales Electricity Pool (‘the Pool’) began trading on 1 April 1990 and was the centrepiece of UK electricity market deregulation and price liberalisation. As one of the first examples of a competitive wholesale electricity market anywhere in the world’ it was copied, almost in entirety in some cases, by a number of […]
Those who desire a reduction of carbon dioxide emissions in line with the Kyoto Accord will not find much comfort in the recently published BP Statistical Review of World Energy for 2001. True enough, global oil consumption was marginally down and gas consumption up by 0.3 per cent in that year. Nonetheless, the major spike […]
Whether or not the USA will intervene militarily in Iraq cannot be predicted with full certainty today. What is certain is that the current administration has the clear and very determined intention to mount a military operation with the explicit aim to remove President Saddam from power and dismantle his regime. The USA has considerable […]
The Single European Act (EU, 1988) established the general principle of a single European ‘internal market’, rather than many separate national markets, for goods and services in the European Union (EU). The European Commission (EC) working document on the Internal Energy Market (EC, 1988) was published as a direct result, and led to a range […]
The political importance of oil is due, among other things, to the dependence of exporting countries on revenues and the dependence of importing countries on a fuel that is justly considered to be the blood of the modern economy. An accident of geography has put vast oil (and sometimes natural gas) reserves in third world […]
Recent price movements in international petroleum markets were primarily determined by political rather than economic factors. They had little to do with actual scarcity of crude oil. There was a very short period of high volatility related to events in Venezuela, and a sustained oil price rise from around $18 per barrel (WTI) in December […]
After a long period of cost cutting, the oil companies were left with little choice but to embark on a wave of mergers to rekindle growth aspirations. If these efforts founder, what should the oil companies do next? Should they accept fashionable arguments in favour of deconstruction and break up into focused entities, and would this actually […]
The development of the international economy has created a system of interdependent nations, ultimateiy pointing at one world economy. This process of globalisation has strengthened the role of international economic organisations and treaties, creating new sets of rules, procedures, and principles.
There are different kinds of oil price movements. The first case, which today is only of historical interest, arises when oil prices in international trade were administered first by a group of major oil companies and subsequently by OPEC. The oil price behaviour followed then a typical pattern characterised by periods of different lengths during […]
Bloomberg reports on Singapore’s Pavilion issuing the world’s first LNG tender with carbon neutral goal. See Jonath… https://t.co/zHa1NTmvdF
Under Russian proposal of rollover of previous cuts Brent prices would still have fallen sharply to low $30 & by mo… https://t.co/5CHoUDCQpI
Is shift in producers’ policy towards maximum supply permanent? Was shift all planned before OPEC+ meeting & failur… https://t.co/47nYFJpAFJ
German regulator may grant a partial derogation to #NordStream2 with conditions attached, establishing a regulatory… https://t.co/Iv1ovXeAvQ