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Our Experts Activity

Views on Energy News
4
10 January 2019
 
Posted by Dr Mamdouh G. Salameh

The global oil market and its leaders

2018 had seen oil prices buffeted by bullish and bearish influences with oil prices seesawing from $66.87 a barrel on the first day of the year, to a high of $87 in early November then slumping before Christmas to a disappointing $54.10.

Who gets what?

But there were other forces at play that significantly influenced the price of oil in 2018. These forces were personalities whose decisions, utterances and in some cases farsightedness impacted directly on oil prices and the global oil market and may equally do so in 2019 as well.

20 November 2018
 
Posted by Dr Mamdouh G. Salameh

The Founding of OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) is an intergovernmental organisation of 15 nations founded in 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia and Venezuela) and headquartered since 1965 in Vienna, Austria. OPEC accounts for an estimated 42.6% of global oil production and 71.8% of the world’s proven oil reserves giving it a major influence on the global oil market and prices that were previously controlled by the so-called “Seven Sisters” (Exxon, Mobil, Chevron, Gulf Oil, Texaco, BP & Shell) cartel of the world’s largest multinational oil companies.

02 October 2018
 
Posted by Dr Mamdouh G. Salameh

Sustainability is the practice of maintaining processes of productivity indefinitely—natural or human made—by replacing resources used with resources of equal or greater value without degrading or endangering natural biotic systems. Sustainable development binds together concern for the natural systems with the social, political, and economic challenges faced by humanity.

The three pillars of sustainable development are the economy, energy and the environment.  Interaction between these three pillars sustains a growing global economy which provides employment for millions of people and a decent standard of living in a healthy environment and the energy means that help enhance the quality of our life and mobility. The global economy has to be in a continuous state of healthy growth if it is to be able to feed 7.5 billion of people.

01 October 2018
 
Posted by Dr Mamdouh G. Salameh

Since the withdrawal of the United States from the Nuclear Deal with Iran and its decision to re-introduce sanctions on Iran particularly Iranian oil exports, analysts and experts alike have been competing with each other in their projections about how much Iran will lose from its oil exports as a result of the sanctions. Their projections have ranged from 500,000 barrels a day (b/d) to 1.5 million barrels a day (mbd) out of estimated Iranian oil exports of 2.125 mbd.

Most of these projections were, in my opinion, based on faulty assumptions and lack of understanding of the dynamics of the global oil market and virtually bordering on daydreaming and wishful thinking.

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. 

“The only indispensable superpower” is also a super-indebted power, and its biggest creditor happens to be its presumed chief strategic rival. Is it logical and workable to encircle one’s own banker militarily?

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
14 March 2019

René Mauer and Lisa Steigertahl released the “EU Startup Monitor” during the European Commission's annual SME Assembly. The teachings of the only startup study purely based on primary inputs of active European founders, present the most comprehensive overview of the current startup landscape and can help shape Europe’s policies.

The SME Assembly, which took place on 21 November in Graz, Austria, is the most significant event for small and medium-sized enterprises (SMEs) in Europe, and creates the governance structure of the Small Business Act with the network of SME Envoys.

27 February 2019

Young talented students from prestigious universities met at the ESCP Europe's London Campus on 22nd & 23rd February to participate in the 2019 School’s Energy Trading Challenge.

Jointly organised by our 2019 MSc in Energy Management (MEM) students, in collaboration with Smart Global, ESCP Europe, and its Research Centre for Energy Management (RCEM), this year’s challenge sponsored by Glencore provided an excellent platform for students to learn key insights on trading oil and gas products. 

11 February 2019

On 30th January 2019, ESCP Europe Business School hosted the first round of the international case competition on sustainable development and innovation, organised by the Young Leadership Forum student society.

The Young Leadership Forum’s goal is to bring together young and motivated pioneers and leaders to reflect on and propose the solutions to society's most urgent issues. The society focuses on the values of leadership, creativity, innovation and social responsibility. Each year, the YLF organises a competition at four of ESCP Europe’s campuses (London, Madrid, Turin and Paris), and invites fellow students from Europe's leading universities to join. The competition opens with the first round taking place simultaneously in each city. The winners are later invited to the Grand Finale in Paris, taking place this year on 8th March. 

24 January 2019

When put to the vote, Theresa May’s Brexit deal was overwhelmingly rejected by Parliament. MPs voted 432 to 202 against the UK Prime Minister’s withdrawal agreement - the largest defeat for a sitting government in history. 

Despite May’s government surviving a no-confidence vote after this crushing defeat, the UK remains in Brexit deadlock as the 29th March approaches. Much uncertainty still hangs in the air for businesses and individuals.

03 December 2018

ESCP Europe Business School (London) lifted the Business School of the Year trophy at this year’s Times Higher Education Awards.

These awards, now in their 14th year and widely referred to as the “Oscars of higher education”, shine a spotlight on the exceptional achievements of individuals, teams and institutions working in our sector today.

Energy Headlines
22 March 2019
WesPac Midstream Files for LNG Jetty Project
Temporary floating berth could be operational as early as 2020.
22 March 2019
Germany’s Wintershall Plans Argentine Investments
Pilot programs could lead to additional investment.
22 March 2019
Uniper Sells Stake in Italian Import Terminal
The buyer is an experienced infrastructure operator.
22 March 2019
U.S. natural gas plant liquid production continues to hit record highs
Since 2012, when horizontal drilling and hydraulic fracturing techniques became more common, U.S. production of natural gas plant liquids (NGPL) has significantly increased, averaging 4.3 million barrels per day (b/d) in 2018, up from 2.5 million b/d in 2012. Nearly three-quarters of U.S. NGPL production is concentrated within six producing regions.
22 March 2019
Energean Moves into Profit, Cuts Output Guidance
The company also is on track with its transformational projects off Israel.
22 March 2019
East EU States 'Must Decarbonise Faster': Bankwatch
Their pl;ans meet the bare minimum and are riddled with contradictions and other design flaws, it says.
22 March 2019
Israel Unlikely to Export to Egypt this Year
The contract between the Tamar field operator and an Egyptian company looks impractical.

Partners & Affiliates

Activity Agenda

Mar 2019
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26 MARCH 2019

No events planned this day.

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