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Leonardo Maugeri

Mailing address

Belfer 307
79 John F. Kennedy Street
Mailbox 53
Cambridge, MA, 02138

Leonardo Maugeri

Roy Family Fellow, Geopolitics of Energy Project

Contact:
Telephone: 617-495-8739
Fax: 617-495-8963
Email: leonardo_maugeri@hks.harvard.edu

 

Experience

Leonardo Maugeri is currently a Research Fellow of the Geopolitics of Energy Project at the Harvard Kennedy School's Belfer Center for Science and International Affairs.

One of the world's foremost experts on oil, gas, and energy, Maugeri has been one of the most distinguished top managers of Eni, the largest Italian company, which is also ranked number 6 among the largest international oil companies. At Eni, he held the position of Senior Executive Vice President of Strategies and Development (2000–2010) and eventually became Executive Chairman of Polimeri Europa, Eni's petrochemical branch (March 2010–June 2011). In 2008, Maugeri promoted the strategic alliance between Eni and the Massachusetts Institute of Technology (MIT), which—among other outcomes—led to the establishment of the Eni-MIT Solar Frontiers Center in 2010.

Maugeri is recognized worldwide for his books and seminal articles about energy, as well as for his part-time activity as a lecturer in some of the most prestigious universities and think-tanks. Since the early 2000s, he was among the few who affirmed that the world's oil was neither running out nor approaching its "peak-production." He was also among the few who predicted the revolution of shale-gas and tight oil.

He has published four books on energy, among them, The Age of Oil: the Mythology, History, and Future of the World’s Most Controversial Resource (Praeger, 2006), which earned the Choice Price in the United States in 2007 and was translated into eleven languages. His latest book—Beyond the Age of Oil: The Myths and Realities of Fossil Fuels and Their Alternatives—was published in the United States in March 2010.

Mr. Maugeri has also written several articles that appeared in Foreign Affairs, Science, Newsweek, The Wall Street Journal, Forbes, Scientific American, Oil & Gas Journal, and The Review of Environmental Economics and Policy.

Mr. Maugeri has been a Visiting Scholar at MIT (2009–2010) and a member of MIT's External Energy Advisory Board. He also serves as an International Counselor of the Center for Strategic and International Studies (Washington, D.C.) and as a member of the Global Energy Advisory Board of Accenture, and he is a senior fellow of the Foreign Policy Association (New York).

 

 

By Date

2012

November 20, 2012

"The IEA's Poor Performance and the Risks of an Era of Oil Abundance"

Op-Ed

By Leonardo Maugeri, Roy Family Fellow, Geopolitics of Energy Project

"Although quite late, the International Energy Agency (IEA) has noticed that American crude oil production is increasing at an unprecedented rate, and that it will continue to do so. In a report published only one year ago, the Agency had largely underestimated the phenomenon, as had many others....In its new World Energy Outlook 2012, the IEA now expects that the US will produce 11.1 million barrels per day....But the IEA numbers suffer from more than tardiness," writes Leonardo Maugeri, a former senior executive at Eni and current fellow with the Belfer Center's Geopolitics of Energy Project

 

 

November 6, 2012

"The Coming Oil Glut"

Op-Ed, Wall Street Journal

By Leonardo Maugeri, Roy Family Fellow, Geopolitics of Energy Project

"The price of oil continues to be set by fear, not by supply and demand," writes Leonard Maugeri. "World-wide oil production is growing quickly. By the end of the year, it will probably surpass 92 million barrels per day, with additional spare capacity of more than 3.5 million barrels. Thanks to the shale oil revolution, U.S. crude production could exceed 6.5 million barrels per day by the end of the year: around one million more barrels than the U.S. Energy Information Administration predicted in January."

 

 

AP Photo/Nabil al-Jurani, File

June 2012

"Global Oil Production is Surging: Implications for Prices, Geopolitics, and the Environment"

Policy Brief

By Leonardo Maugeri, Roy Family Fellow, Geopolitics of Energy Project

A new study by Belfer Center Geopolitics of Energy researcher Leonardo Maugeri finds that oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity is likely to grow by nearly 20 percent by 2020.  This could prompt a plunge or even a collapse in oil prices.  The findings by Maugeri, a former oil industry executive who is now a fellow at Harvard Kennedy School’s Belfer Center, are based on an original field-by-field analysis of the world’s major oil formations and exploration projects.

 

 

AP Photo/Nabil al-Jurani, File

June 2012

"Oil: The Next Revolution"

Discussion Paper

By Leonardo Maugeri, Roy Family Fellow, Geopolitics of Energy Project

A new study by Belfer Center Geopolitics of Energy researcher Leonardo Maugeri finds that oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity is likely to grow by nearly 20 percent by 2020.  This could prompt a plunge or even a collapse in oil prices.  The findings by Maugeri, a former oil industry executive who is now a fellow at Harvard Kennedy School’s Belfer Center, are based on an original field-by-field analysis of the world’s major oil formations and exploration projects.

 

 

AP Images

February 22, 2012

"The Unnoticed Oil Revolution"

Paper

By Leonardo Maugeri, Roy Family Fellow, Geopolitics of Energy Project

How booming investments, new technologies, new oil frontiers, and ongoing production development may set a surprising paradigm-shift in the energy world

 

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We host a busy schedule of events throughout the fall, winter and spring. Past guests include: UN Secretary-General Ban Ki-moon, former Vice President Al Gore, and former Russian President Mikhail Gorbachev.