Publications

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.

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  • Fiscal Regimes and Oil Revenues in the UK, Alaska and Venezuela

    By: B. Mommer

    In this paper we shall discuss the performance of three oil fiscal regimes over the past 25 years: the UK, Alaska, and Venezuela. This empirically oriented paper is based on our previous more theoretical paper on the subject of oil fiscal regimes,’ but it can be read independently. Nevertheless, a reminder of a few points […]

  • National Energy Policy or Wishful Thinking?

    By: Frank De Mita

    On May 17th, the Bush administration released to the public its long-awaited task force report on energy issues facing the US. The 170-page National Energy Policy (NEP) is the product of the National Energy Policy Development Group chaired by Vice President (and former Halliburton CEO) Dick Cheney. The NEPD group included a veritable Who’s Who […]

  • Venezuelan Oil Politics at the Crossroads

    By: B. Mommer

    Record Export Revenues Hugo Chávez took over the Presidency of Venezuela on 2 February 1999. At that time world petroleum markets were in deep disarray. Since then the situation has changed radically, and favourably. And there is no doubt that the new Venezuelan government played an important role in the recovery. The last government of […]

  • Transparency in Oil Markets and Other Myths

    By: Robert Mabro

    Two of the most persistent myths of oil markets are that: 1) the prices set for oil are efficient, which is to say, reflect the state of best knowledge about the market; and 2) oil production data published by the reporting services and consultancies accurately reflect the supply situation. In both cases, analysts are the […]

  • Bush Redux: Energy Policy and the New US Administration

    By: Frank De Mita

    With the comical, and ultimately bizarre, spectacle of the US Presidential elections finally over, attention has turned belatedly to the business of the incoming administration’s political appointments. Traditionally the appointment process provides a preview of the policy initiatives that will occupy centre stage during the first year of the new President. However, this won’t necessarily […]

  • Climate at The Hague: What Happened, Why, and What Now?

    By: Benito Müller

    On Saturday 25 November Dutch Environment Minister Jan Pronk, President of the UN climate change conference at The Hague, suspended proceedings after a days extension until May of next year. What did happen in these final days of this conference for which expectations were so high? According to the following-day editions of America’s most influential […]

  • Some Thoughts on Oil and the Mexican Elections of 2000

    By: Juan Carlos Boué

    For quite some time now, the topic of the possible evolution of the Mexican oil industry has been approached in international oil circles solely in terms of one question: what will it take for Mexico to open its upstream sector to the participation of private foreign capital? Of late, and particularly after Mexico’s entry into […]

  • The Strategic Petroleum Blunder?

    By: Paul Horsnell

    On 22nd September, President Clinton announced that 30 million barrels of oil would be released from the US Strategic Petroleum Reserve on a swap basis. Rather than selling the oil, as it had in 1990, the Department of Energy (DOE) would receive offers based on the volume of replacement oil to be put into the […]

  • Oil Markets and Prices

    By: Robert Mabro

    In 1973/4 OPEC inherited from the Seven Sisters a pricing regime, which effectively administered by fiat the price of oil. There was a difference, however. The majors in the pre-1974 period used to fix a posted price, which was then used to compute royalties and the income tax paid to producing countries. When OPEC countries […]

  • Managing Hydrocarbon Resources in a New Era: The Call from Algeria

    By: Ali Aissaoui

    The 1990s will be remembered for the extensive restructuring oil and gas companies went through to adapt to the fundamental changes affecting their markets, their resource areas and their global business environment. However, while mega-mergers, acquisitions and other novel alliances made the headlines, little has been said about the trend towards privatisation of state oil […]

  • The New World Oil Market

    By: Robert Mabro

    New features have emerged and transformed the physiognomy of the world petroleum market in this first half of the year 2000. The first is that the USA has behaved publicly and without any inhibition as a member of the oil producing countries’ club. The USA is, of course, a non-signed up member who nevertheless has […]