Robert Mabro
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Born | 26 December 1934 Alexandria, Egypt |
Died | 2 August 2016 (Age 81) Crete, Greece |
Nationality | • UK? |
Ethnicity | Greek |
Alma mater | • University of London • Alexandria University |
Founder of | Oxford Institute for Energy Studies |
Interests | • ![]() • energy |
Bilderberger who Founded the Oxford Institute for Energy Studies. In the late 1990s brokered a historic production cut between OPEC and its rivals that raised the price of oil. |
Robert Emile Mabro CBE was a UK academic who founded the Oxford Institute for Energy Studies and brokered a historic production cut between OPEC and its rivals that raised the oil price after the Asian financial crisis in late 1997.[1][2] He attended the 1997 Bilderberg meeting in June, where one of the subjects was "Do the World's Energy Needs Prevent Sustainable Development?".
Early life and education
Mabro was born in Alexandria, Egypt, in December 1934, the son of Greek Orthodox parents who had migrated from Tripoli, Lebanon in the 1860s.[3] He graduated with a BSc in Engineering from Alexandria University in 1956,[3] after which he worked as a civil engineer in Egypt for a number of years.[4] In 1960 he joined a Jesuit seminary near Paris and spent the next four years studying philosophy; he then went to London to study economics as a post-graduate student at the School of Oriental & African Studies taking a MSc in 1966[3].
Career
He began his academic career at School of Oriental and African Studies, then moved to Oxford university in 1969 to research the economics of the Middle East, after which his interest in oil developed. In the 1970s he founded several energy outfits including the Oxford Institute for Energy Studies, which focuses on the economics, politics and international relations of energy.[2]
After the Asian financial crisis in late 1997 he brokered a historic production cut between OPEC and its rivals that raised the price of oil.[1] After oil prices slid below $10 a barrel in 1997, Mabro was called on to draw together big producers, who were reluctant to cede market share and co-operate with nations they viewed as rivals. After a year of back channel talks, a deal was hammered out between OPEC kingpins Saudi Arabia and Venezuela and rival producers led by Mexico. This helped underpin an increase in prices.[2]
Event Participated in
Event | Start | End | Location(s) | Description |
---|---|---|---|---|
Bilderberg/1997 | 12 June 1997 | 15 June 1997 | US Lake Lanier Georgia (State) | The 45th Bilderberg meeting |
References
- ↑ Jump up to: a b https://www.bloomberg.com/news/articles/2016-08-04/robert-mabro-oil-guru-who-brokered-opec-peace-deal-dies-at-81
- ↑ Jump up to: a b c https://www.ft.com/content/6ee6cabc-5ca2-11e6-a72a-bd4bf1198c63
- ↑ Jump up to: a b c http://www.madamasr.com/sections/economy/life-late-robert-mabro-1934-201
- ↑ Who's Who in the Arab World 2007-2008. Beirut: Publitec Publications. 2007. p. 507. ISBN 978-3-598-07735-7.