This paper devotes to the analysis of Russian oil and gas reserves. Currently, Russia holds world’s leading positions in oil and gas supply, but there is uncertainty for how long the country would be able to maintain it. After analyzing the situation in this industry, studying oil and gas...

This work presents an empirical study of energy demand, in which demand for energy is expressed as a function of various factors, such as income, price, economic structure, and CO2 emission. Parameter values are estimated econometrically, using a panel data approach of 16 developing countries...

Concerns about the role of energy consumption in global warming have led to policy designs that seek to reduce fossil fuel consumption or find a less polluting alternative especiallyfor the transport sector. This study seeks to estimate the elasticities of price, income, education and technology...

This paper seeks to evaluate the role of speculation in the determination of global energy prices. Designed as a case study, five major oil producing countries are the focus of this positivistic study: Nigeria, Mexico, Iran, Saudi Arabia and Russia. Data is collected through secondary sources....