Petroleum Economist can trace its roots back to 1934 when Dr Oskar Tokayer, a flamboyant and immensely energetic Hungarian and an economics graduate from the University of Berlin. The first issue of Tokayer’s news and reports service on oil and allied industries was published in The Hague on 1st January 1934. In April 1935 Tokayer moved to London and registered his company as Petroleum Press Bureau Ltd. In 1936, the paper became a weekly edition. Tokayer retired in 1949 and Shell and BP purchased the company with the new editor coming from Shell’s Trade Relations Department.
In March 1969 Mobil, Caltex and three other US majors agreed to share the financing of the publication and a trust was set up known as the Petroleum Press Foundation. The title was also changed to the Petroleum Economist in 1974.
In 1982 the Trustees agreed to a proposal for the shares to be transferred to the editor and the staff and in 1989, the majority shareholding of The Petroleum Economist Limited was sold to Euromoney Plc. Other titles including Gas World International and Natural Gas and Power Economics have since been acquired. A cartographic department today produces an extensive range of energy maps that are circulated with the monthly magazine, the Company produces a number of important energy forums as well as being a major publisher of energy books for delegates attending the world’s major energy events
Specialties
Authority on energy
