The following provides summaries of the research in progress by staff of the Oxford Institute for Energy Studies. The Institute’s unique multidisciplinary expertise allows it to examine the economics, the politics and the sociology of energy with a focus on oil and natural gas.
The specific subjects of research in progress, while set within these broad lines, necessarily reflects the particular research capacities, skills and interests of the research fellows.
Iraq is expected to make one of the largest contributions to OPEC production growth out to 2020 (having already added 1.7-1.8m b/d from 2011-2016). IOC’s in Southern Iraq have been the major contributors of growth, having added 2.3-2.4m b/d since 2009 (with approximately 700,000 b/d offsetting declines). Despite Iraq’s prized position in having some of […]
Confronted with slowing demand for crude oil, NOCs are increasingly diversifying from the upstream and investing in the downstream sector both in their home markets and in consuming countries to ensure market share. Already more than 75 percent of Gulf NOC oil exports are destined for Asian markets, and more than 70 percent of new […]
In 2017, Iran’s energy industry experienced a slightly better than normal year. Most notably, an international contract was signed with France’s Total and natural gas exports to Iraq were – finally – launched. At the same time, huge challenges remain. Internationally, uncertainty over the future of sanctions relief and the nuclear deal persists. Domestically, a […]
Libya has long been an idiosyncratic political and governance context for the oil and gas industry. Since independence in 1951 the country has passed through sharply contrasting periods of politics and governance, each of which has intentionally and unintentionally shaped the industry. In the latest period, since 2011, armed conflict and insecurity – rather than […]
The research paper discusses the structure of the Japanese upstream oil industry, investment strategies of Japanese market players and attempts to acquire concessions through case studies in the Gulf Cooperation Council, Iran and Iraq. Japan is the 4th largest importer of oil in the world and more than 80% of the 3,37 MMbpd (2015) were […]
There has been much focus on the downward trend of total gas demand in Europe since the late 2000s and specifically in the power sector. In contrast, the industrial sector has received relatively little attention on a pan-European basis. The main unknown is whether the downward trend seen since the early 2000s, and especially post-financial […]
The increasing dominance of natural gas in power generation in the UK since the 1990s has led to growing interdependence between its gas and power sectors. From the perspective of the power sector, the security of supply of the natural gas industry has implications on the security of supply of the power industry. Following the […]
Efficiency analysis lies at the heart of incentive-based regulation of electricity distribution networks. Most regulatory authorities have graduated from using exclusively ex ante (rate of return based) reviews of firms’ expenditures to relying also on ex post assessments of their costs – the latter are underpinned by benchmarking techniques (Poudineh and Jamasb, 2014). However, an […]
This paper will address the issue of construction and usage of incremental and new gas transportation capacity in Europe. It will analyse the existing (Guidelines of Good Practice for Open Seasons, the Energy Infrastructure Package, the 3rd Gas Directive) and draft (ACER Guidance for incremental capacity) regulation, as well as various proposals for development of […]
Oxford Energy Podcast https://t.co/HwSJR8vDpR
OIES paper presents policy options on India's upstream reforms, arguing that the setting of appropriate bidder qual… https://t.co/zUNTi22HOP
OIES's @thierry_bros quoted in French @LesEchos on US becoming a net gas exporter in 2017 - https://t.co/kDQPkmhdWA