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 […]
OPEC at the Crossroads https://t.co/plmceBzfEr
June 18th
Oxford Energy Podcast – Implications of the DG COMP investigation into Gazprom https://t.co/eGEsZZLHOD
June 15th
Jonathan Stern on whether Germany should dump Nord Stream 2: It will be needed soon, even if not at the end of 2019… https://t.co/VS4lvpLM2h
June 14th
