In Issue 2 of the new Quarterly Gas Review series: We show that the biggest reductions in CO2 emissions occur when primary energy consumption is decreased. The change in energy mix towards greener fuels has so far been much less important. One of the main EU 2020 targets was to achieve its CO2 reduction by […]
For many decades, the Gulf states’ significant oil reserves have rendered the region among the most important energy suppliers in the world, and there is similar potential for the region’s natural gas reserves. However, the Gulf states’ rapidly rising regional consumption has begun to play a critical role in the region’s future export prospects, including […]
Qatar is positioning itself to take advantage of the worldwide increase in gas demand. The small nation is strategically placed in the Gulf, at the tip of Saudi Arabia, where it straddles Bahrain and the UAE. Although among the leaders in natural gas production, Qatar arrived relatively late on the natural gas scene, in part, […]
In this presentation, Dr Bassam Fattouh discusses three main approaches for analyzing oil prices: non-structural models, the supply-demand framework, and the informal approach. While non-structural models rely on the theory of exhaustible resources as the basis for understanding the oil market, the supply-demand framework uses behavioural equations that link oil demand and supply to its […]
In this comment, Professor Robert Mabro provides a critical assessment of the peak oil theory and how by focusing on the wrong questions, peak oil can shift attention away from more pressing and vital issues.
The debate surrounding oil and gas reserves estimates has been addressed by two new briefing papers jointly issued by the Oxford Institute for Energy Studies and the Sustainable Development Programme at Chatham House. The papers, Petroleum Reserves in Question by John Mitchell and Oil and Gas Reserves: Communication with the Financial Sector by Rob Arnott, […]
World oil consumption over the next twenty-five years could be almost as much as the total amount of oil produced in the entire existence of the oil industry. This high demand for what is a finite resource makes it necessary to assess where the continuing need for oil stands in relation to latest views on […]
Modelling of oil exploration and extraction is a formidable undertaking and involves important economic, geological, and political considerations. The modelling task is further complicated by the largely non-quantifiable uncertainties that generally surround the future movements of oil prices and discovery of new oilfields. As a result there are very few serious econo-metric studies of oil […]
Contracts for Difference and the Evolution of the Brent Complex https://t.co/KYZEK0lFCC
The Druzhba Pipeline Crisis – The Lessons for Russia and for Europe https://t.co/CkMN5QDRgb
OIES study quoted in Reuters on how China appears to be diversifying gas supply, potentially importing more from so… https://t.co/3LEdHC9nqC
Anouk Honore on the pace of gas storage injections in Europe: There are some signs already that injection rates sho… https://t.co/xyhbo3bncY