The main objective of this paper is to examine the role of regulation by formal and organizational institutions in restructuring and development of competitive and secure gas supply markets. The discussion focuses on relevant experiences in the U.S. and the EU pertaining to the implementation of...

OPEC's Monthly Oil Market Report (May, 2011) depicts that the price of OPEC's Reference Basket increased in April, 2011 by about $8.25 compared to March, 2011 and by $35.76 from a year earlier. The Nymex WTI and ICE Brent contracts also witnessed their highest prices since the global financial...

While developed economies like the United States, the United Kingdom and Germany are often cited as classic examples of successful liberalised and private-sector led electricity markets, events such as: (i) the California electricity crisis of 2000-2001; (ii) the blackouts in parts of North America...

The aim of this chapter is to identify and discuss the relationship between energy-related conflicts, crises and disasters on the one hand and security of energy supplies in the international energy industry (especially oil and gas, which are the main primary forms of energy sources) on the...

The introduction of liberalisation and concepts such as third-party access, network ownership unbundling and competition in the EU’s internal energy market following the first, second and third sets of EU legislative packages and directives had the effect of requiring Member States to...

Nigeria has been noted to hold the largest proven natural gas reserves in Africa as well as being one of the top ten LNG exporting countries globally for several years. It is however paradoxical that natural gas currently accounts for only about 6% of the nation’s total primary energy supply....

Offshore wind energy systems are generally regarded as variable baseload technologies and can therefore serve a crucial role in a net-zero or carbon-neutral electricity supply grid. With the spate of growing commercial and government-policy interests in offshore wind, it is important to examine...

The process of regulating the flaring and venting of natural gas often creates an energy policy trilemma. One way of addressing the complexities created as a result is to consider the application of energy justice principles and industry best practices to resolve issues ex ante and ex post. This...