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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
25 September 2017
Chinese steelmaking cuts hammer market
Chinese domestic market strength and reduced export volumes have been a primary driver of the global steel and iron ore rally this year. But...
25 September 2017
Cenovus Energy Sells Legacy Gas Assets
Canadian integrated producer Cenovus Energy has sold its legacy oil and gas assets at Suffield/Alderson, in southeastern Alberta, to International Petroleum Corporation (IPC) for C$512mn (US$415mn). The sale is expected to close in the fourth quarter. Net proceeds will be applied to the C$3.6bn (US$2.
25 September 2017
Technology underpinning bitcoin gets applied to contracts: Fuel for Thought
As the questions filed by the conference’s app popped up on the screen at the Blockchain in Oil & Gas conference in Houston earlier this month, it was pretty clear there were two types of people in the audience.
25 September 2017
Bangladesh Inks RasGas Deal
Bangladesh’s state-owned Petrobangla inked September 25 the country’s first-ever sales and purchase agreement with Qatar's RasGas to buy 2.5mn mt/year of lean LNG for 15 years, a senior official at the energy and mineral resources division under the energy ministry told NGW. The purchase...
25 September 2017
Exxon to Cut US Methane Emissions
US major ExxonMobil has announced an enhanced program to reduce methane emissions from its production and midstream facilities across the US, it said September 25. The program is focused on sites operated by subsidiary XTO Energy and includes efforts to develop and deploy new, more efficient technologies...
25 September 2017
UK Public Willing to Pay for Clean Energy: Survey
Half the British public would back coal and gas-fired power stations being built if they also had carbon capture and storage (CCS) facilities, according to a new survey by the Institution of Mechanical Engineers (Imeche) and published September 25. This is despite the fact that the public mistakenly...
25 September 2017
Shell, Keppel in Singapore's LNG Bunker First
Shell and Singapore conglomerate Keppel, through their joint venture, FueLNG, have completed Singapore’s first commercial LNG bunker transfer. They did so by bunkering the floating liquefaction vessel, Hilli Episeyo, with the use of a truck loaded with LNG, Keppel said September 25.  Hilli...

Partners & Affiliates

Activity Agenda

Sep 2017
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30 SEPTEMBER 2017

No events planned this day.

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