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Our Experts Activity

Views on Energy News
4
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.

01 June 2017
 
Posted by Dr Mamdouh G. Salameh

With oil prices ebbing and flowing against a background of OPEC and non-OPEC production cuts’ extension and US shale oil production inching up, nobody is paying enough attention to the fast-approaching oil supply gap.

Despite the recent dip in oil prices, industry experts are predicting a supply gap and rising oil prices by 2020. This is due in large part to an oil investment drought marked by almost three years of consecutive decline in oil prices, a statistic that has no precedent in the oil industry. This year a report by the International Energy Agency (IEA) projected that if oil investment remains stagnant over the next few years, by 2020 we will see a significant increase in the price of oil as global demand continues to climb.

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
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.

19 June 2017

ESCP Europe’s Energy Management students’ international seminar in Washington, DC & Houston, TX took place from 19 - 24th June. This annual study trip was co-organised with the Research Centre for Energy Management and Energy Stream CMG.

Our MSc in Energy Management students and Executive Master in Energy Management participants gained a deep understanding of the American energy industry from a series of lectures and workshops delivered by top industry leaders. The trip included visits to: University Club of Washington, D.C., U.S. House of Representatives, Ocean Star Offshore Energy Center and San Jacinto Battleground State Historic State Site.

30 May 2017

We are delighted to announce that ESCP Europe Business School and its Research Centre for Energy Management (RCEM) will be taking part as a 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.

23 May 2017

The 2nd HAEE Energy Conference was held from 18th - 12th May, 2017 at the Chandris Metropolitan hotel in Athens. The event was organised by the Hellenic Association for Energy Economics - HAEE (Greek affiliate of the IAEE - The International Association for Energy Economics) with the support of the RCEM and ESCP Europe Business School.

Prof. Dr Kostas Andriosopoulos, Executive Director of the Research Centre for Energy Management (RCEM) at ESCP Europe Business School welcomed participants and delivered the opening remarks.

Energy Headlines
17 August 2017
Cuadrilla Prepares for UK Fracking Operation
UK-based Cuadrilla has begun drilling a pilot well onshore in the north of England as a first step towards testing the commerciality of shale gas production in the UK. It has permission to drill four horizontal wells which it will hydraulically fracture, in the hope of releasing vast amounts of natural...
17 August 2017
[NGW Magazine]: Oman gas: bridging the gap
This article is featured in NGW Magazine Volume 2, Issue 15 With first gas from its vast Khazzan field due in the next few months, Oman is still pursuing other ways of safeguarding its energy supplies including a pipeline from Iran and other imports. 2017 is promising to be a momentous year for...
17 August 2017
U.S. gasoline production is running near record levels
Gasoline production by U.S. refiners and blenders has run near record levels over the first seven months of 2017, with four-week rolling average production well above its five-year average and close to the top of its five-year range. U.S. gasoline inventories also remain relatively high despite growing domestic and foreign demand.
17 August 2017
UK Networks Grapple with Low Carbon Transition
The UK Energy Networks Association launched a consultation August 17 to seek views on how to create a smart electricity grid that enables innovation and more opportunities for distributed energy technologies. The consultation will look at ways to encourage innovation and competition in the market...
17 August 2017
UK Gas Testing Site to Host Anniversary Explosions
The UK Explosion Liaison Group (UKELG) is to hold its 35th anniversary event at the former British Gas-owned Spadeadam testing and research facility in Cumbria, said DNV GL August 17.  The event will run from October 10-12 and will include high explosives and high consequence deflagrations...
17 August 2017
Tanzania Catches Up with Wentworth Payments
Gas producer Wentworth has now been fully paid for gas deliveries to Tanzania Petroleum Development Corporation and Tanzania Electric Supply Company, it said in a stock exchange statement August 17. The payments total $1.9mn net to Wentworth for June 2017 ($1.7mn) and October 2016 ($0.2mn) gas sales...
17 August 2017
Victoria Prepares to Boost Cameroon Sales
Victoria Oil & Gas is preparing for higher gas output and industrial sales from the end of September following the successful completion of a deeper drilling programme in Lagboba, Cameroon, it said August 17. Well La-107, operated by wholly-owned subsidiary Gaz du Cameroon (GDC), is expected to...

Partners & Affiliates

Activity Agenda

Aug 2017
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27 AUGUST 2017

No events planned this day.

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