Alex Russell
Title: Professor
First Name: Alex
Surname: Russell
Position: Head of Department of Management
Telephone: +44 (0)1224 263489

Duties and Responsibilities

Professor Russell is the Head of Department of Management and Professor of Petroleum Accounting at Aberdeen Business School.

Professor Alex Russell has held top managerial positions in UK universities for the past 15 years. He has published many papers on oil and gas accounting issues and supervised many international PhD students. . He has advised oil companies on how to defend themselves from unwanted takeovers. He has also delivered a course on oil and gas accounting to China’s national oil company.

Research Interests

Professor Russell’s research interests have taken him around the world, working with institutions as far away as Kuwait, Nigeria, Australia and China. He cites international recruitment as an increasingly important function for the university and his world-wide research contacts helps with that recruitment. In the past two years five of his PhD students successfully passed their PhD viva.


“In Scotland, we have real expertise on oil, with world class-academics such as Alex Kemp, of Aberdeen University, and Alex Russell and Peter Strachan, of Robert Gordon University” (former First Minister of Scotland, Press & Journal 16 March 2015)


Professor Russell’s research has been featured by various media outlets including the BBC, Radio France International, Catalonian Television, Turkish Television, Bloomberg, Washington Post, Netherland’s Financial Times, Scotsman, the Herald and frequent commentary on Radio North Sound.

External / Professional Roles

For the past five years Professor Russell has held the position of Chair of the UK’s Oil Industry Finance Association which sets accounting standards that are designed to help UK oil companies to be more efficient and effective in exploiting the resources of the North Sea. He is currently leading a work group on setting an accounting standard on decommissioning. He has had extensive media coverage (international television, radio and press) in relation to the future prospects for the oil industry given the decline in oil price. Professor Russell is a member of the Association of International Petroleum Negotiators (AIPN) Education Advisory Board.


MANAF, N.A.M., MAS’UD, A., ISHAK, Z., SAAD, N. and RUSSELL, A., 2016. Towards establishing a scale for assessing the attractiveness of petroleum fiscal regimes – evidence from Malaysia. Energy Policy, 88, pp.253-261. 

Media Coverage

Recent Comment Pieces

Energypost.  UK Government Must Save North Sea Oil and Gas Sector (18 January 2016)

Energy Voice.  Should Oils Acquaintance be Forgot and Never Brought to Mind? (23 December 2015)

Energy Voice. Osborne’s Shale Push makes No Sense with Low Oil Prices (26 November 2015)

Energypost.  The Hinkley Point C Boondoggle: A Dangerous Waste of Money (26 October 2015)

Energypost.  UK Government’s Delusional Energy Policy – What it Means for Scotland (21 October)

OilVoice.  Another Case of Woeful UK Energy Policy, the Hinkley Point C Boondoggle (20 October)

OilVoice. UK Government’s Delusional Energy Policy and Implications for Scotland (15 October 2015)

Energy Voice. What would Connect the Future of North Sea Oil and a Rolling Stones Classic?  Yep! Paint it Black (14 October 2015)

OilVoiceFracking the UK Apart (24 September 2015) 

Scottish Business NewsIs Westminster Promoting Fracking Jobs in England at the Expense of North Sea Jobs in Scotland? (23 September 2015)

Scottish Energy News.Is Westminster Promoting Fracking Jobs in England at the Expense of North Sea Jobs in Scotland? (24 September 2015)

National. Holyrood has Chance to Show the World that Environment and People Come Before Corporate Profits (22 September 2015)

Energy Voice.  Will Osborne’s Oil Tax Concessions Reassure the North Sea Sector? (19 March 2015)

The National.  A Bitter-Sweet Budget (19 March 2015) 

Energy Voice. Scottish Government Puts Hands to the Tiller to Save North Sea Oil  (13 January 2015)

Energy VoiceThe Good Old Days Have Gone, and They Won't be Coming Back (12 January 2015)

Energy VoiceReaction to Today’s Scottish Government Oil and Gas Discussion Paper  (8 January 2015)

Conversation. Now that the oil price has crashed, the North Sea revival plan is unfit for purpose (7 Jan 2014)

Energy Voice.  Oil Industry Survival Dependent on Efficiency Gains and Cost Reductions (18 December 2014)

Energy Voice. What Now for the UK’s North Sea Oil Industry with Oil at $62 a Barrel? (15 December 2014)

Scottish Energy News Policy Platform.  Austria to Challenge UK Government Nuclear Subsidies in European Court (14 December 2014)

Energy Post. UK Nuclear Policy Takes Another Step in the Wrong Direction (8 December 2014) 

Conversation. George Osborne's Latest Nuclear Deal is Another Step in the Wrong Direction (4 December 2014)

Energy Voice. Smith Commission Recommendations - A Cheap Christmas Cracker! (28 November 2014)

Scotsman.  Energy of Nation Still Untapped (27 November 2014)

ConversationTime for UK to Give Scotland What it Voted For: More Control Over Energy Matters.  (20 November 2014)

Energy Voice. Falling Oil Price Sparks Industry Restructuring (18 November 2014) 

Energy VoiceWestminster Considers Sovereign Wealth Fund: Lessons from Norway  (11 November 2014)

Energy VoiceAfter the Referendum: Give Real Energy Powers to Scotland (6 November 2014)

Conversation. Why an $80 barrel of oil is bad (17 October 2014)

Scotsman.  Energy Experts Assess the Referendum Result (2 October 2014)

ConversationScottish Wind Could Fix UK Energy Woes – Don’t Let Westminster Blow It (23 September 2014)

Energy VoiceScottish Independence: What Now For Scotland and the UK?  (19 September 2014)

Energy VoiceScottish Independence: Experts Outline Reasons for Yes  (17 September 2014)

Energy Voice Scottish Independence: N-56 Report Economic and Political Dynamite  (11 September 2014)

Energy VoiceWestminster Must Not Be Allowed to Fail National Energy Security  (11 September 2014)

Conversation.  North Sea Fracking Claim is a Big Boast for Bid to Secure Scottish Independence (10 September 2014)

Scotsman(Offshore) Fracking Adds up for Scotland (9 September 2014)

ScotsmanWould an Independent Scotland have Sufficient Oil (25 August 2014)

EcologistGovernment Hostility to Renewables and Scottish Independence May Put Out the Lights (1 August 2014)

ConversationThe Coalitions Attitude to Renewables and Scotland is Risk to National Security (10 June 2014)


RGU Energy Law and Policy Conference - Energy Sector Review and Reform – 23-24 March 2015

Professor Strachan and Professor Russell presented a paper ‘Reflections on the Aberdeen Oil Summit and Where Next for North Sea Oil?’.