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Our Experts Activity

Views on Energy News
4
22 August 2017
 
Posted by Dr Mamdouh G. Salameh

Geopolitics & US Self-Interest

In imposing new sanctions on Russia, the US Congress aimed to punish Russia for its alleged meddling in the US elections in 2016. Still, these sanctions were mostly motivated by US self-interest, geopolitics and blatant US efforts to delay if not prevent Russia’s emergence as the world’s energy superpower.

The target of these sanctions as in the previous ones is Russian banks and companies as well as Russian oil and gas projects. However, the most contentious issue could well be the sanctions on pipelines. Key projects such as Nord Stream II and the TurkStream pipelines are at the very heart of the sanctions.

The US has always been opposed to Nord Stream II, which it views as Russia’s attempt to solidify its hold on Europe’s energy supplies (see Map 1).

09 August 2017
 
Posted by Dr Mamdouh G. Salameh

Venezuela’s Deepening Crisis

With 300.9 billion barrels (bb) of proven oil reserves, Venezuela holds the biggest reserves in the world and also accounts for 92% of Latin America’s reserves. This is 13% bigger than Saudi Arabia’s.  Still, the United States Geological Survey (USGS) estimates that there may be more than 513 bb of extra-heavy crude oil and bitumen deposits in Venezuela’s Orinoco belt region.

Venezuela, a country that should be one of the wealthiest in the world, remains mired in deepening crisis. Its currency (the bolívar) has virtually collapsed while its economy shrank by 10% in 2016 and annual inflation is poised to exceed 720% in 2017.  

18 July 2017
 
Posted by Dr Mamdouh G. Salameh

With oil prices alternating so frequently between bullish and bearish conditions, a global oil deficit could be making its way stealthily through the global oil market.

Last November, the International Energy Agency (IEA) warned that a shortage could set in as soon as 2020, as the investment shrinkage brought on by the 2014 oil price crash bears fruit. Prices, the IEA had said at the time, could jump significantly at the end of the decade. The IEA reiterated its concerns more recently in its World Energy Investment 2017 Report adding that the rate of new oil discoveries is at its lowest level in more than 70 years. Overall, global spending on oil and gas will rise by a moderate 3% this year, compared to the 44% between 2014 and 2016.

20 June 2017
 
Posted by Dr Mamdouh G. Salameh

Since the discovery of oil in Saudi Arabia seventy nine years ago, the country has been synonymous with oil. But now the sands under which 16% of the global proven oil reserves lie are beginning to shift under the feet of its leaders.

Saudi Arabia whose beneficence, peace-making efforts, soft power and great oil wealth brought it to the forefront of influential countries in the world over a period of more than half a century, is now embroiled in a crescent of conflicts involving Iran, Iraq, Syria, Yemen and now Qatar not to mention its uneasy relations with the United States.

Research & Publications
6
Dr Mamdouh G. Salameh
RCEM Working Papers

The great rivalry between the United States and China will shape the 21st century. It is a truth universally acknowledged that a great power will never voluntarily surrender pride of place to a challenger. The United States is the pre-eminent great power. China is now its challenger. 

Prof. Michael Jefferson
Published Papers

For over forty years energy expectations have been riddled with internal contradictions, and all too often a failure to recognise complexity, the nature and scale of the challenges to be faced, and resultant uncertainty. Key elements of Shell’s “World of Internal Contradictions” scenario, issued 

Matsumoto, K., Ming-Zhi Gao, A.
Books

Economic instruments, particularly carbon tax and emissions trading scheme (ETS), have recently attracted the most attention to combat climate change because of their cost efficency to reduce emissions. Introducing these in Asia, where most of the countries do not currently have emission reduction. 

Prof. Michael Jefferson
Reports & others

Author: Prof. Michael Jefferson, Editor of the journal Energy Policy; Affiliate Professor, ESCP Europe; Professor, University of Buckingham.

Special Issues

Journal: Energy Policy

Guest-editors: Dr. Kostas AndriosopoulosProf. Constantin Zopounidis, Dr. Michael Doumpos, Dr. Spiros Papaefthimiou.

The objective of the Special Issue is to present new research results on the theory and modern practice of modeling and management of energy systems, emphasizing on their policy implications. The areas of interest include, networks design and management, oil and gas, smart grids, production optimization, efficiency analysis, optimization and assessment of renewable and sustainable/green energy systems, environmental issues, risk management, decision-making in the energy markets, and energy pricing, among others.

Cole, O.
Magazines' articles

Magazine: INFO.

Author: Dr. Othman Cole, Assistant Professor of Finance, ESCP Europe.

Newsroom

Centre News
8
18 September 2017

On 18th September ESCP Europe Business School and its Research Centre for Energy Management welcomed the 2017 cohort of students onto the unique and innovative MSc in Energy Management (MEM) and Executive Master in Energy Management (EMEM) to the London campus.

Diversity at its best

40 postgraduate students from 17 nationalities – heard from the Director of ESCP Europe’s London campus, Prof. Dr Simon Mercado who shared the School’s vision and culture, and announced the start of the programmes at the School’s London Campus.

“Our energy management graduates are involved in all sectors of the industry thanks to our world-class education, 360-degree approach, and unique networking opportunities” said Prof. Dr Kostas Andriosopoulos, Academic Director of ESCP Europe’s Energy Management programmes.

 

13 September 2017

Posted in: Natural Gas World, Natural Gas News, News By Country, Germany, Corporate, Share prices, Natural Gas News Europe

Germany’s Uniper has given itself a pat on the back one year after its stock market listing, during which its share price has more than doubled.

On September 12 2016, Uniper’s opening quote on the Frankfurt Stock Exchange’s Prime Standard segment was €10.015 ($11.978). While Frankfurt mid-cap shares rose by 19% and the Euro Stoxx Utilities sector by 23% in the intervening period, Uniper’s stock closed September 11 at €22.145, giving the company a market capitalisation of €8.1bn. The company became operationally separate from German utilities group E.ON on January 1, 2016.

07 September 2017

ESCP Europe’s London School and Campus has been shortlisted for the prestigious UK Business School of the Year 2017 award at the 13th annual Times Higher Education (THE) awards ceremony in November this year.

Referred to as the ‘Oscars of the higher education sector', the THE Awards recognise the innovation, talent and dedication of British business schools and their parent universities. In the main Business School category, the judges were looking for business schools that demonstrated exceptional performance and initiative in areas including innovation, research, student experience, teaching, corporate and alumni engagement.

 

15 August 2017

We are delighted to announce that ESCP Europe Business School and its Research Centre for Energy Management (RCEM) will be taking part as  Supporting Partners at this year’s FT Digital Energy Summit event taking place on 19th September at the Etc Venues St Paul’s. The School and Centre will be represented by its Faculty and staff members.

Digital transformation is shaping business models across the energy sector. Digital transformation strategies must be driven from the top and delivering an optimum digital experience is critical. People, processes and technologies should be aligned to build capability and enable transformation across the business. Energy companies need to know how digital tools and platforms can help them engage with customers and employees - particularly millennials, provide value-added interactive services, drive efficiency, and lower costs.

 

 

 

27 July 2017

We are delighted to announce that ESCP Europe Business School and its Research Centre for Energy Management (RCEM) will be taking part as Supporting Partners at this year’s Energy Summit event taking place on 28th November at The HAC, London. The School and Centre will be represented by its Faculty and staff members.

After a challenging year, the energy industry is emerging in better shape. Low oil prices brought attention to efficiency gains and the need to optimise return on invested capital, and investment forecasts in some sectors, such as US-focused exploration and production, are now positive for 2017. Countries historically off-limits to investors, like Iran and Mexico, are tentatively opening their doors to foreign investment, and a recovering oil price should improve the viability of ambitious frontier projects. Moreover, rapid developments in fourth industrial revolution technologies and the internet of things, including automation and robotics, are becoming more deeply embedded in the energy sector. Meanwhile, the renewables sector continues to thrive, with innovation in electric cars, solar photovoltaics and the energy internet driving progress.

Energy Headlines
26 September 2017
UK Finance Minister Funds Exploration Offshore
UK offshore regulator Oil & Gas Authority (OGA) has been awarded a £5mn ($6.75mn) government fund for offshore exploration work. Finance minister Philip Hammond said September 25 that "the oil and gas industry remains vital for the Scottish economy and the UK as a whole. The £5mn...
26 September 2017
Dutch 'Ruby' Gas Find Extends Offshore Germany
UK-based Hansa Hydrocarbons says it has made a significant gas discovery offshore Netherlands with its NO5-1 well on its so-called GEms licences. The find might stir interest in the Dutch North Sea where smaller gas fields have looked unlikely to fill the gap in declining onshore Groningen output. The...
26 September 2017
Petrofac Picks up Kogas Job in Iraq
Petrofac has been awarded a front end engineering design (Feed) modification contract by South Korean gas utility Kogas subsidiary, Kogas Akkas, for its Nasiriya Gas Treatment Plant (GTP) in southern Iraq. Scope of work includes the modification and application of an existing field design to meet the...
26 September 2017
New UK Research Facility 'May Study Fracking'
The British Geological Survey (BGS) announced September 26 that a new observatory costing £31mn ($42mn) that will serve as “the UK’s eyes and ears for the underground” is to be located at the Ince Marshes area in North Cheshire, in northwest England. BGS said the Cheshire Energy...
26 September 2017
Gas Flow From Tamar to Restart Sept 27
The Tamar gas platform off Israel will restart production September 27, according to the operator Tamar Partnership. The flow stopped September 21 when a leak was discovered at the offshore processing plant. But the system was on maintenance when the leak was discovered and it will continue to run at...
26 September 2017
Victoria Oil & Gas Expands Cameroon Production
UK-listed Cameroonian gas producer Victoria Oil & Gas (VOG) said September 26 it has flow-tested its Logbaba well La-107 and started producing gas from it. It tested at a maximum flowrate of 54mn ft3/d through a 70/64ths inch choke, but the company said its open flow rate potential would be 146mn ft3/d.
26 September 2017
[NGW Magazine] EU Needs Azeri Gas
This article is featured in NGW Magazine Volume 2, Issue 18 By David O'Byrne Allegations that Baku has engaged in dodgy practices to secure support for its major infrastructure projects have been upstaged by the extension of the 'deal of the last century' but will nevertheless face official scrutiny.

Partners & Affiliates

Activity Agenda

Sep 2017
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26 SEPTEMBER 2017

No events planned this day.

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