In this latest OIES podcast, from the Gas Programme, James Henderson speaks with Maria Olczak and Jonathan Stern about a recent OIES research paper examining how the EU Methane Emissions Regulation is being implemented across Member States. Moving beyond the legal text, they discuss how regulators are preparing for enforcement, why implementation has become increasingly politicised, and what the emerging regulatory framework means for global energy suppliers seeking access to the European market. Maria discusses her conversations with Competent Authorities and Responsible Ministries, highlighting that implementation is being driven as much by administrative readiness as by legal obligations. The podcast also looks at the contrasting views of regulators and industry players and highlights a tension between regulatory flexibility and legal certainty.

The post OIES Podcast – Implementing the EU Methane Emissions Regulation in Practice appeared first on Oxford Institute for Energy Studies.

In this latest OIES podcast Michal Meidan talks to Henry Sanderson about his paper: “China and Rare Earth Supply Chains: Export Controls, Dual-Use Governance and UK Exposure”. Henry and Michal explore how China built unprecedented control over the rare earths value chain, how Beijing is now weaponising its dominance through targeted export controls on key elements and magnets, and what this means for defence, clean energy and advanced manufacturing. They then talk about the UK’s specific exposure and the intelligence advantages China gains from its export licensing regime. Finally, they discuss de-risking in the West, the policy steps needed—from strategic stockpiles to supporting alternative suppliers—in order to rebuild resilience in rare earth supply chains. The paper was published by RUSI, part of a joint research programme between RUSI and OIES.

The post OIES Podcast – China’s dominance and weaponisation of rare earth supply chains appeared first on Oxford Institute for Energy Studies.

In this latest OIES podcast, from the Energy Transition Programme, Anders Hove talks to James Henderson about his latest paper on Rosatom and its role as a tool of Russian foreign policy. After a brief overview of Rosatom’s role as a major nuclear power company and its diversification into new businesses the discussion moves on to the importance of nuclear energy in a Russian domestic context, with its share of power generation targeted to rise to 25% over the next two decades. The conversation then moves to discuss the company’s export business and the numerous countries where it has built and is building nuclear power plants. The importance of the company’s offering across the nuclear value chain, including financial support, is analysed, and its emergence as a leader in SMR technology is seen as an important growth opportunity. This is especially the case in the Global South, where numerous MoUs have been signed in Africa, Latin America, the Middle East and Asia, many since the start of the war in Ukraine. The podcast concludes with an assessment of Rosatom’s role as a source of overseas influence for the Kremlin, especially in light of the decline in importance of Gazprom.

The post OIES Podcast – Rosatom and its growing global role appeared first on Oxford Institute for Energy Studies.

In this podcast, Bassam Fattouh and Paul Horsnell discuss the US–Iran Memorandum of Understanding (MOU), its implications for oil markets, and the key uncertainties surrounding its implementation. They discuss several issues including:

The post OIES Podcast – After the US–Iran MOU: What Lies Ahead for Global Oil Markets? appeared first on Oxford Institute for Energy Studies.

In this latest OIES podcast, from the Gas Programme, James Henderson talks to Jack Sharples and Mike Fulwood about their paper on the outlook for LNG supply and its impact on European storage in the light of a potential ceasefire in the Gulf. The podcast analyses the impact of the lass of LNG supply from Qatar and the UAE and the compensating measures that have been seen in the global gas market. These have included alternative LNG production, increases in piped gas supply to Europe and adjustments in demand from Asian and European customers. However, the overarching conclusion is that the loss of supply availability is likely to lead to lower gas in European storage ahead of winter and a consequent increase in gas prices and price volatility. The announcement of a likely ceasefire in the hostilities in the Gulf is then discussed in terms of the timing of a return of LNG supply and the impact on EU storage, with an overall conclusion that even in a best case scenario it will take at least two months to restore normality, which may be too late to significantly impact storage levels ahead of the winter period.

The post OIES Podcast – LNG, EU storage and the importance of a ceasefire in the Gulf appeared first on Oxford Institute for Energy Studies.

In this latest OIES podcast, Bassam Fattouh talks to Neil Fleming, Global Head of Editorial at Argus, and Aldric Chew, Senior Editor, Asia-Pacific Oil Products at Argus Media, about how the prolonged disruption of flows through the Strait of Hormuz (SOH) has been impacting refining runs and refined products markets based on their contribution to the latest issue of the Oxford Energy Forum, “Beyond crude: the profound effects of the Strait of Hormuz disruption on oil products markets”. They address few questions including:

The post OIES Podcast – Beyond crude: the profound effects of the Strait of Hormuz disruption on oil products markets appeared first on Oxford Institute for Energy Studies.

In this latest OIES podcast from the Electricity Programme, Dimitra Apostolopoulou engages in a discussion with Ahmad Faruqui, an economist and one of the lead architects of California’s experiment with dynamic pricing about his latest paper titled “Some Controversies in the Application of Marginal Cost Pricing to Accelerate Electrification: A Case Study in Rate-Making in California” which was part of the recent Oxford Energy Forum on Electricity Prices and the Energy Transition: Economic Efficiency, Social Equity, and Climate Alignment. We start the discussion with the advancements in California’s energy transition and the challenges it faces, including high electricity prices and the effects on electrification. We dive into retail tariffs, distinguish between average and marginal costs, and examine the cross-subsidies between consumers in both cases. We analyse how AI can facilitate dynamic pricing and enable demand-side flexibility. We conclude the discussion with the necessary political, regulatory, and technological steps to implement marginal cost pricing on a wide scale.

The post OIES Podcast – Application of Marginal Cost Pricing to Accelerate Electrification appeared first on Oxford Institute for Energy Studies.

In this latest OIES podcast, from the Gas Programme, James Henderson talks to Jack Sharples and Patrick Heather about the impact that the changing flows of gas in Europe are having on hub prices across the region. The discussion is based on a recent OIES Insight and first considers how the reduction of Russian gas flows to Europe and the corresponding increase in imported LNG has impacted the direction of gas flows across the continent. We consider the impact on various TSOs, who have seen sharp changes in the throughput of their systems, and conclude that the difference is most market in Central and Eastern Europe, which have now effectively become destination markets rather than transit countries. We then consider the price impact of this, reviewing the changes in transit charges that have been introduced as a result of the variation in volumes. We discuss the new “ladder of prices” that is emerging in different countries as the cost of delivering LNG to the centre of Europe is now effectively being charged on a TTF-plus basis.

The post OIES Podcast – The impact of changing gas flows in Europe appeared first on Oxford Institute for Energy Studies.

In this podcast, Bassam Fattouh talks to Paul Horsnell and Harry Tchilinguirian about how the prolonged disruption of crude oil and refined products flows through the Strait of Hormuz (SOH) has been shaping the physical and financial layers of oil markets, benchmarks, and policy responses to the supply shock. They address few questions including:

The post OIES Podcast – 80 Days into the Hormuz Disruption: What Comes Next for Oil Markets? appeared first on Oxford Institute for Energy Studies.

In this latest OIES podcast, from the Gas Programme, James Henderson talks to Mike Fulwood, Jack Sharples and Anouk Honore about the latest Gas Quarterly and the market data hat it provides. Using data to the end of April, we discuss the shifts in prices that we have seen since the start of the war in Iran and consider what the impact might be if the Strait of Hormuz remains closed much longer. We look in details at flows of gas to Europe and examine the impact of higher prices on demand in the industrial, power generation and residential & commercial sectors. We then discuss the reasons why gas prices have not risen even higher in the short term, and look at the new LNG flows that are emerging to at least partially offset the loss of volumes from the Gulf. Finally, we consider the supply and demand balance for global gas into 2027 and debate whether the refill of storage in Europe could become a major issue over the next few months.

The post OIES Podcast – Gas Quarterly and Market Update appeared first on Oxford Institute for Energy Studies.