The security of gas supply is one of the main concerns for the European Union (EU), especially when considering the EU's dependence on Russian gas. The idea of importing liquefied natural gas (LNG) from the United States has recently emerged as an alternative to reduce EU dependency on Russia....

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...

A key question in European integration is whether or not the global oil and gas market sector (over the period which includes the oil price hikes of 2001 to late 2007 and the global financial crisis from mid 2008 to early 2009) has been impacted to a greater or lesser extent by major oil and gas...

Who owns an area's natural resources affects the local financial gains from extraction and participation in resource governance. We develop a typology of ownership regimes using two dimensions of ownership, private versus public and local versus absentee, and apply it to unconventional natural...

This book addresses Russia's new assertiveness and the role of energy as a key factor in shaping the country's behavior in international relations and in building political and economic power domestically since the 1990s

In 2022, the global LNG market faced exceptional levels of turbulence, as European gas buyers sought to offset the loss of Russian pipeline supply with an unprecedented increase in LNG imports. The ability of European buyers to access those LNG supplies was facilitated by the flexibility...

In this paper, we describe the development and current status of anti-manipulation rules as they apply to wholesale electricity and natural gas markets in the United States and the European Union, including the institutions that are responsible for overseeing these rules. We then compare and...