Distinguished Fellow, Energy, Environment and Resources
Paul Stevens
Contact information
+44 20 7314 3618

Summary

Paul Stevens is a distinguished fellow at Chatham House, having first joined the institute in 2008. He was educated as an economist and as a specialist on the Middle East at Cambridge and the School of Oriental and African Studies.

From 1973-79 he taught at the American University of Beirut in Lebanon, interspersed with two years as an oil consultant. Between 1979-93 he was a lecturer/senior lecturer in economics at the University of Surrey. Between 1993 and 2007 he was professor of Petroleum Policy and Economics at the Centre for Energy, Petroleum and Mineral Law and Policy at the University of Dundee.

He is now professor emeritus at the University of Dundee and until recently, a visiting professor at University College London (Australia). He is also a distinguished fellow at the Institute of Energy Economics Japan (IEEJ) in Tokyo. He has published extensively on energy economics, the international petroleum industry, economic development issues and the political economy of the Gulf. 

He also works as a consultant for many companies and governments. In March 2009 he was presented with the OPEC Award in recognition of his outstanding work in the field of oil and energy research.

Expertise

  • International oil markets
  • National oil companies
  • Developments in oil producing countries
  • Political economy of the Middle East
  • Energy in developing countries

Experience

1993 - 2007Professor of petroleum policy and economics, Centre for Energy, Petroleum, Law and Policy, University of Dundee
1979 - 1993Lecturer/Senior lecturer economics, University of Surrey, Guildford
1973 - 1979

Assistant Professor, American University of Beirut, Lebanon

Professional Activities

  • Awarded the 2009 OPEC Award in recognition of his outstanding work in the field of oil and energy research.

Broadcast experience

Extensive

  • The Iran Nuclear Deal and Oil Markets Mees: Weekly Middle East Oil & Gas News / Analysis, July 2015
  • The Shale Oil Revolution and Implications for the GCC Arab Center for Research & Policy Studies, January 2015
  • The World Might be Drifting into an Oil Price Shock Financial Times, July 2013
  • Ignore the Hyperbole on Hormuz: Embargoes don't Work Financial Times, January 2012
  • 'Saudi Arabia: Saudi Aramco – The Jewel in the Crown'. In D G Victor, D R Hults, Mark Thurber (Eds) Oil and Governance. Cambridge University Press, 2012
  • 'Kuwait: Kuwait Petroleum Company – An Enterprise in Gridlock'. In D G Victor, D R Hults, Mark Thurber (Eds) Oil and Governance. Cambridge University Press, 2012
  • Appendix on depletion. In D G Victor, D R Hults, Mark Thurber (Eds) Oil and Governance. Cambridge University Press, 2012
  • 'Cooperation between Producers and Consumers'. In (Ed.) Robert E Looney. A Handbook of Oil Politics. Routledge, 2011
  • The Arguments For and Against the Switch from Oil and Gas to Nuclear? presentation made at the conference 'Energy Security Concerns in the Region' Near East South Asia Center for Strategic Studies: Stategic Forum, Rome, December 2011
  • Caspian Oil and Gas: A Twenty Year Retrospective with Lessons on the Arrogance of Prediction, 4th Paul Bergne Memorial Lecture, Oxford, May 2011
  • Cycles and the International Oil Industry: Where are we Today?, World Petroleum Council: Official Publication 2010, 2010
  • Oil Agreements: Implications for Future Oil Supplies from the Gulf, Presentation, Energy Security in the Gulf Challenges and Prospects, ECSSR 15th Annual Energy Conference, Abu Dhabi, November 2009
  • 'Resource Nationalism and the Role of National Oil Companies in the Middle East: History and Prospects', Journal of World Energy Law and Business, Volume 1, Number 1, 2008
  • 'Resource Curse: An Analysis of Causes, Experiences and Possible Ways Forward', With E Dietsche, Energy Policy, Volume 36 Number 1, January 2008
  • 'Investing in Oil in the Middle East and North Africa: Institutions, Incentives and the National Oil Companies', ESMAP, The World Bank, Washington DC, August, 2007
  • 'The Oil Market', in Helm D, The New Energy Paradigm, Oxford University Press, Oxford, 2007
  • 'Resource Curse and How to Avoid It', Journal of Energy and Development, Volume XXXI Number 1, Autumn, 2005

Presentations