According to IEA projections, oil demand is expected to grow by more than 50% between 2002 and 2030, while gas demand will almost double. But where will all this oil and gas come from? There is no shortage of hydrocarbons in the ground, but quenching the world’s thirst for hydrocarbons will...

The world’s largest gas producer and exporter, Russia has an enormous energy saving potential. At least 30 billion cubic meters – a fifth of Russian exports to European OECD countries -- could be saved every year by enhanced technology or energy efficiency. As the era of cheap gas in Russia...

This note examines which regional economies in Europe are most exposed to rising gas prices on the basis of their dependency on gas intensive manufacturing sectors such as chemicals or basic metals. Based on OECD calculations we find that the employment shares of the most gas-intensive...